Business Context and Reporting Period
This Form 8-K is a current report filed by Halcón Resources Corporation (not Battalion Oil Corp) on November 7, 2018. The filing serves to announce the issuance of a press release regarding the Company's financial results for the third quarter of 2018.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references a press release (Exhibit 99.1) containing these details, including both GAAP and non-GAAP measures such as adjusted net income, earnings per share, EBITDA, and cash flow from operations.
Material Changes
The document does not detail specific material changes or comparative figures versus prior periods. It notes that the referenced press release includes reconciliations between GAAP and non-GAAP measures to facilitate comparisons with prior periods.
Guidance, Outlook, and Risks
The filing includes standard disclosures regarding non-GAAP financial measures. Management states these measures are provided to help users understand the impact of selected items on reported results. The filing explicitly warns that these measures are not alternatives to GAAP net income or cash flow and may not be comparable to similarly named measures used by other companies. No specific forward-looking guidance or risk factors are detailed in the text of this 8-K.
Investor Verification Checklist
- Verify the actual financial figures (revenue, net income, EBITDA) in the attached Exhibit 99.1 (Press Release), as they are not listed in the 8-K text.
- Review the reconciliation tables in the press release to understand the adjustments made to derive non-GAAP metrics.
- Confirm the company name is Halcón Resources Corporation, noting the discrepancy with the "Battalion Oil Corp" label in the request metadata.
- Check for any subsequent filings or updates regarding the third-quarter 2018 results.