Battalion Oil (NYSE:BATL) Posts Quarterly Earnings Results

Battalion Oil (NYSE:BATL) released its quarterly earnings data on Monday. The company reported ($1.88) EPS for the quarter, RTT News reports. Battalion Oil had a net margin of 12.02% and a negative return on equity of 137.74%. During the same period in the previous year, the company posted $1.63 earnings per share.

Battalion Oil Trading Up 0.8 %

Shares of Battalion Oil stock opened at $1.30 on Tuesday. The company has a fifty day simple moving average of $1.55 and a 200-day simple moving average of $3.40. Battalion Oil has a 12-month low of $1.05 and a 12-month high of $7.08. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 2.65. The stock has a market cap of $21.39 million, a price-to-earnings ratio of -1.62 and a beta of 0.98.

About Battalion Oil

Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. It holds interests in the Delaware Basin located in the counties of Pecos, Ward, Reeves, and Winkler, Texas. It serves independent marketers, and oil and natural gas and gas pipeline companies.