Battalion Oil Q2 FY26 net income swings to USD 15.51 million; revenue rises 12.42% to USD 48.13 million
BATL•Balance sheet and operational outlook
- Net debt declined to USD 74.2 million from USD 108.3 million in Q1 2026, with the leverage ratio improving to 1.36x from 1.79x.
- Drilling under a joint exploration and development agreement at Monument Draw is expected to start before the end of August 2026.
Quarterly results and operating metrics
- Battalion Oil posted net income available to common stockholders of USD 9.1 million, or USD 0.34 per share, in Q2 2026.
- Revenue rose 12.43% to USD 48.1 million from a year earlier, as sales volumes slipped to 12,407 Boe/d from 12,989 Boe/d.
- Adjusted EBITDA fell 32.13% to USD 12.3 million, while realized hedge losses totaled USD 7.8 million.
