Business Context and Reporting Period
This Form 8-K was filed by Halcón Resources Corporation (not Battalion Oil Corp) on February 27, 2014, reporting events as of February 26, 2014. The filing serves to announce the issuance of a press release detailing the Company's fourth quarter and full year 2013 financial results.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the press release furnished as Exhibit 99.1, which is referenced but not included in the provided text.
Material Changes
The filing does not detail specific material changes versus prior periods. It notes that the accompanying press release includes non-GAAP financial measures (such as adjusted net income and cash flow) to facilitate comparison with prior periods, but the specific variances are not listed in this document.
Guidance, Outlook, and Risks
Management commentary regarding guidance or outlook is not present in the filing text. The document highlights the use of non-GAAP measures, cautioning that they are not substitutes for GAAP measures and may not be comparable to those used by other companies. No specific risks or contingencies are detailed in this summary section.
Investor Verification Checklist
- Verify the actual financial figures (revenue, EPS, cash flow) in the press release attached as Exhibit 99.1.
- Review the reconciliation tables between GAAP and non-GAAP measures provided in the press release.
- Confirm the specific adjustments made to net income and cash flow to understand management's view of operational performance.
- Note that the registrant name in the metadata (Battalion Oil Corp) differs from the filing (Halcón Resources Corporation).