Overview
Battalion Oil Q2 revenue declines due to lower average realized prices per Boe
Company reports adjusted EBITDA increase to $18.1 mln, despite net loss
Completion of six-well plan ahead of schedule, positive production results
Outlook
Company working to redirect gas production after AGI facility closure
Company did not provide specific future financial guidance in its press release
Result Drivers
PRODUCTION INCREASE - Average daily net production rose by 132 Boe/d to 12,989 Boe/d in Q2 2025 compared to Q2 2024, driven by new wells in the West Quito area
LOWER CAPEX - Co reduced capital expenditure per well, outperforming AFE budget estimates by approximately $1.0 mln per well
AGI FACILITY SHUTDOWN - AGI facility ceased operations on Aug. 11, 2025, leading to a temporary shutdown of part of the Monument Draw field
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 EPS |
| -$0.21 |
|
Q2 Adjusted Net Income |
| -$10.60 mln |
|
Q2 Net Income |
| $4.80 mln |
|
Q2 Adjusted EBITDA |
| $18.10 mln |
|
Q2 Pretax Profit |
| $4.80 mln |
|
Press Release: ID:nGNX8gW73r