Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. As of December 31, 2021, the company held interests in 40,400 net acres in the Delaware Basin located in the counties of Pecos, Reeves, Ward, and Winkler, Texas. It also had estimated proved reserves of approximately 95.9 million barrels of oil equivalent comprising 58.7 million barrels of crude oil, 16.3 million barrels of natural gas liquids, and 125.0 billion cubic feet of natural gas. The company was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020. Battalion Oil Corporation was founded in 1987 and is headquartered in Houston, Texas.
Revenue of Battalion Oil Corporation (BATL)
Revenue in 2023 (TTM): $218.51 M
According to Battalion Oil Corporation's latest financial reports the company's current revenue (TTM) is $218.51 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Battalion Oil Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $218.51 M | $46.29 M | $71.95 M | $-3,048,000 | $-3,048,000 |
| 2022 | $359.06 M | $252.37 M | $204.05 M | $18.54 M | $-91,467,000 |
| 2021 | $285.21 M | $192.6 M | $148.78 M | $-28,317,000 | $-36,335,000 |
| 2020 | $148.29 M | $40.42 M | $17.95 M | $-229,707,000 | $-236,341,000 |
| 2019 | $224.69 M | $54.12 M | $63.56 M | $-1,146,938,000 | $-1,051,147,000 |
| 2018 | $226.61 M | $115.43 M | $58.03 M | $141.75 M | $45.96 M |
| 2017 | $377.97 M | $184.28 M | $111.59 M | $530.69 M | $535.69 M |
| 2016 | $418.06 M | $101.22 M | $106.82 M | $-471,157,000 | $-503,931,000 |
| 2015 | $550.28 M | $61.62 M | $248.89 M | $-1,913,535,000 | $-1,922,621,000 |
| 2014 | $1.15 B | $467.41 M | $752.25 M | $314.88 M | $315.96 M |
| 2013 | $999.51 M | $390.4 M | $621.28 M | $-1,380,378,000 | $-1,222,662,000 |
| 2012 | $247.95 M | $103.29 M | $62.97 M | $-67,066,000 | $-53,885,000 |
| 2011 | $102.61 M | $63.54 M | $42.78 M | $5.4 M | $-1,403,000 |
| 2010 | $112.33 M | $72.38 M | $54.5 M | $3.41 M | $2.42 M |
| 2009 | $87.08 M | $44.3 M | $25.54 M | $-74,730,000 | $-58,383,000 |
| 2008 | $182.69 M | $144.66 M | $387.55 M | $-234,461,000 | $-138,072,000 |
| 2007 | $81.88 M | $60.3 M | $56.5 M | $-9,102,000 | $-1,250,000 |
| 2006 | $68.02 M | $49.75 M | $34.11 M | $6.51 M | $5.05 M |
| 2005 | $ | $-324,786 | $-321,285 | $664.55 K | $351 K |
| 2004 | $ | $ | $-162,974 | $143.64 K | $64.53 K |
| 2003 | $20.02 M | $20.02 M | $8.71 M | $-263,000 | $-2,007,000 |
| 2002 | $ | $ | $-9,925,000 | $21.23 M | $2.09 M |