BATTALION OIL CORP

For the period ended Dec 31, 2025. Filed Mar 23, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 23, 2026

BATL$0.75-0.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated balance sheets

(In thousands, except share and per share amounts)


· · December 31, 2025 · · December 31, 2024
Current assets:
Cash and cash equivalents	$27,965	$19,712
Accounts receivable, net	12,071	26,298
Assets from derivative contracts	16,145	6,969
Restricted cash	91	91
Prepaids and other	892	982
Total current assets	57,164	54,052
Oil and natural gas properties (full cost method):
Evaluated	890,050	816,186
Unevaluated	48,025	49,091
Gross oil and natural gas properties	938,075	865,277
Less - accumulated depletion	(547,982)	(497,272)
Net oil and natural gas properties	390,093	368,005
Other operating property and equipment:
Other operating property and equipment	4,678	4,663
Less - accumulated depreciation	(2,807)	(2,455)
Net other operating property and equipment	1,871	2,208
Other noncurrent assets:
Assets from derivative contracts	7,350	4,052
Operating lease right of use assets	840	453
Other assets	3,360	2,278
Total assets	$460,678	$431,048

Current liabilities:
Accounts payable and accrued liabilities	$39,734	$52,682
Liabilities from derivative contracts	633	12,330
Current portion of long-term debt	22,510	12,246
Operating lease liabilities	764	406
Total current liabilities	63,641	77,664
Long-term debt, net	180,955	145,535
Other noncurrent liabilities:
Liabilities from derivative contracts	1,692	6,954
Asset retirement obligations	20,837	19,156
Operating lease liabilities	104	84
Commitments and contingencies (Note 10)
Temporary equity:
Redeemable convertible preferred stock: 138,000 shares
of $0.0001 par value authorized, issued and outstanding as of
December 31, 2025 and 2024	226,241	177,535
Stockholders' (deficit) equity:
Common stock: 100,000,000 shares of $0.0001 par value authorized;
16,456,563 shares issued and outstanding as of December 31, 2025 and 2024	2	2
Additional paid-in capital	240,202	288,993
Accumulated deficit	(272,996)	(284,875)
Total stockholders' (deficit) equity	(32,792)	4,120
Total liabilities, temporary equity and stockholders' (deficit) equity	$460,678	$431,048

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.