Battalion Oil Corp (BATL) - Form 8-K Summary
Business Context and Reporting Period
Battalion Oil Corp, a Delaware corporation trading on NYSE American under the symbol BATL, filed this Current Report on Form 8-K on May 13, 2026. The filing serves to announce the Company's financial results for the first quarter of 2026.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document references a press release (Exhibit 99.1) containing these details, including both GAAP and non-GAAP measures such as EBITDA, LTM EBITDA, and adjusted net income, but the figures themselves are not included in the provided text.
Material Changes
No specific material changes versus the prior comparable period are detailed in the filing text. The Company notes that the referenced press release provides comparisons to prior periods using adjusted measurements.
Guidance, Outlook, and Risks
The filing includes standard disclosures regarding non-GAAP financial measures. Management states that these measures are intended to help users understand the impact of selected items on reported results and facilitate comparisons with prior periods. The Company cautions 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 new risk factors are detailed in the text of this 8-K.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q1 2026 revenue, net income, and EBITDA figures.
- Verify the reconciliation between GAAP and non-GAAP financial measures provided in the press release.
- Confirm the Company's liquidity position and debt levels as detailed in the full financial statements referenced.
- Assess the impact of any "selected items" excluded from non-GAAP calculations on the Company's operational performance.