← BATTALION OIL CORP
| Annual Trend | FY 2014 | FY 2015 | FY 2017 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | $316.0m | ($1.9b) | $535.7m | $46.0m | ($229.7m) | ($28.3m) | $18.5m | ($3.0m) | ($31.9m) | $11.9m | ($50.6m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | $282.9m |
($2.0b)
-809.32%
|
$487.7m
+124.30%
|
$46.0m
-90.58%
|
($229.7m)
-599.81%
|
($28.3m)
+87.67%
|
$18.5m
+165.47%
|
($15.1m)
-181.42%
|
($64.1m)
-324.65%
|
($36.8m)
+42.55%
|
— | |
| Amortization of Debt Issuance Costs | $4.3m | $7.4m | $1.8m | $1.4m | — | $379k | $5.4m | $7.6m | $6.4m | $1.6m | — | |
| Results of Operations, Depreciation, Depletion, Amortization and Accretion | $534.4m | $364.2m | $110.2m | $77.5m | $62.1m | $45.4m | $51.9m | $56.6m | $52.9m | $52.1m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $51.9m | $56.6m | $52.9m | $52.1m | $51.4m | |
| Depletion, depreciation and accretion | $534.4m | $364.2m | $110.2m | $77.5m | $62.1m | $45.4m | $51.9m | $56.6m | $52.9m | $52.1m | — | |
| Amortization/accretion of financing related costs | $4.3m | $7.4m | $1.8m | $1.4m | — | $379k | $5.4m | $7.6m | $6.4m | $1.6m | — | |
| Deferred Income Tax Expense (Benefit) | $1.1m | $9.1m | $5.0m | $95.8m | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Share-based Payment Arrangement, Noncash Expense | $18.7m | $14.5m | $36.8m | $15.3m | $2.6m | $2.0m | $2.2m | ($1.1m) | $152k | ($109k) | $0 | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $200k | — | $0 | |
| Stock-based compensation, net | $18.7m | $14.5m | $36.8m | $15.3m | $2.6m | $2.0m | $2.2m | ($1.1m) | $152k | ($109k) | $0 | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | — | $18.5m | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $0 | — | $0 | $18.5m | $1.1m | $1.1m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | ($153k) | ($172k) | — | |
| Nonoperating Income (Expense) | $373.3m | $831.0m | ($184.7m) | $49.6m | $32.1m | ($131.7m) | ($133.6m) | ($20.6m) | ($20.1m) | $18.5m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $19.3m | ($19.2m) | ($5.8m) | $3.4m | ($6.6m) | |
| Increase (Decrease) in Accounts Receivable | ($85.8m) | ($86.4m) | ($103.2m) | ($378k) | ($13.5m) | $4.6m | ($594k) | ($15.7m) | $2.8m | ($14.5m) | $1.6m | |
| Change In Receivables | — | — | — | — | — | — | $594k | $15.7m | ($2.8m) | $14.5m | $1.6m | |
| Changes In Account Receivables | — | — | — | — | — | — | $594k | $15.7m | ($2.8m) | $14.5m | $1.6m | |
| Accounts receivable | $85.8m | $86.4m | $103.2m | $378k | $13.5m | ($4.6m) | $594k | $15.7m | ($2.8m) | $14.5m | $1.6m | |
| Increase (Decrease) in Inventories | ($455k) | $592k | — | — | — | — | — | — | — | — | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $18.5m | ($35.0m) | ($2.9m) | ($11.1m) | ($8.8m) | |
| Accounts payable and accrued liabilities | ($40.1m) | ($53.0m) | ($77.7m) | $22.4m | ($18.0m) | $865k | $18.5m | ($35.0m) | ($2.9m) | ($11.1m) | — | |
| Capital expenditures in accrued liabilities and accounts payable | — | — | — | — | — | — | — | ($4.4m) | ($7.5m) | $2.2m | ($58.4m) | |
| Accrued settlements on derivative contracts | ($25.9m) | ($47.0m) | $24k | $10k | $170k | $7.0m | $4.3m | $259k | $403k | ($1.8m) | — | |
| Other | $1.6m | $1.9m | $1.5m | $153k | $510k | $68k | ($432k) | ($455k) | ($26k) | ($380k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $667.9m |
$467.0m
-30.08%
|
$114.6m
-75.46%
|
$67.2m
-41.40%
|
$50.2m
-25.25%
|
$68.6m
+36.61%
|
$78.8m
+14.92%
|
$17.6m
-77.68%
|
$35.4m
+101.01%
|
$39.1m
+10.56%
|
$28.5m
-27.18%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | $721.6m | $119.0m | — | — | — | — | — | — | $31.3m | |
| Payments to Acquire Property, Plant, and Equipment | $43.1m | $10.8m | $53.2m | $117.0m | $82k | $371k | $1.2m | $153k | $23k | $15k | ($58.4m) | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($126.6m) | ($46.4m) | ($64.6m) | ($74.6m) | ($58.4m) | |
| Oil and natural gas capital expenditures | ($1.5b) | ($659.4m) | ($331.3m) | ($475.7m) | ($101.8m) | ($52.6m) | ($125.5m) | ($46.3m) | ($64.6m) | ($74.6m) | — | |
| Payments for (Proceeds from) Other Investing Activities | ($1.6m) | ($1.9m) | ($1.5m) | ($153k) | ($510k) | ($68k) | ($163k) | $25k | $26k | $380k | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $163k | ($10.3m) | ($7.8m) | ($380k) | ($79k) | |
| Net Cash Provided by (Used in) Investing Activities | ($1.3b) | ($667.1m) | $598.6m | ($706.5m) | ($72.4m) | ($51.9m) | ($126.1m) | ($51.8m) | ($65.4m) | ($75.0m) | $1.6m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $761.8m | ($114.9m) | — | — | $1.9m | — | — | ($7.5m) | — | — | |
| Loss on extinguishment of debt | — | ($709.6m) | $114.9m | — | — | ($1.9m) | — | — | $7.5m | — | — | |
| Proceeds from borrowings | $2.3b | $1.8b | $1.3b | $438.0m | $148.2m | $374.0m | $35.2m | — | $162.0m | $63.0m | — | |
| Repayments of borrowings | ($1.7b) | ($1.6b) | ($1.9b) | ($232.0m) | ($132.0m) | ($332.1m) | ($95k) | ($35.1m) | ($200.1m) | ($17.0m) | — | |
| Proceeds from Issuance of Long-term Debt | $2.3b | $1.8b | $1.3b | $438.0m | $148.2m | $374.0m | $35.2m | — | $162.0m | $63.0m | $0 | |
| Issuance Of Debt | — | — | — | — | — | — | $35.2m | $0 | $162.0m | $63.0m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $35.2m | $0 | $162.0m | $63.0m | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $35.1m | ($35.1m) | ($38.1m) | $46.0m | ($62.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $35.1m | ($35.1m) | ($38.1m) | $46.0m | ($62.6m) | |
| Repayments of Long-term Debt | $1.7b | $1.6b | $1.9b | $232.0m | $132.0m | $332.1m | $95k | $35.1m | $200.1m | $17.0m | ($62.6m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($95k) | ($35.1m) | ($200.1m) | ($17.0m) | ($62.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($95k) | ($35.1m) | ($200.1m) | ($17.0m) | ($62.6m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $94.6m | $38.8m | $0 | $14.0m | |
| Proceeds from Issuance of Common Stock | — | $15.4m | $400.1m | $63.5m | — | — | — | $94.6m | $38.8m | — | — | |
| Deemed dividends on Series A preferred stock | — | — | — | — | — | — | — | $12 | $32 | $49 | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($3.3m) | ($455k) | ($8.4m) | ($1.9m) | ($835k) | |
| Net Cash Provided by (Used in) Financing Activities | $644.0m |
$164.4m
-74.47%
|
($289.1m)
-275.82%
|
$262.1m
+190.66%
|
$16.2m
-93.83%
|
$27.4m
+69.41%
|
$31.8m
+15.99%
|
$59.1m
+85.80%
|
($7.7m)
-113.09%
|
$44.1m
+670.83%
|
($49.4m)
-211.96%
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash | — | — | $424.0m | ($377.2m) | ($6.0m) | $44.1m | ($15.5m) | $24.8m | ($37.8m) | $8.3m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | ($6.0m) | $44.1m | ($15.5m) | $24.8m | ($37.8m) | $8.3m | $54.3m | |
| Beginning Cash Position | — | — | — | — | — | — | $48.4m | $32.8m | $57.6m | $19.8m | $73.7m | |
| Cash, cash equivalents and restricted cash at beginning of period | — | — | $424.1m | $46.9m | $4.3m | $48.4m | $32.8m | $57.6m | $19.8m | $28.1m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $4.3m | $48.4m | $32.8m | $57.6m | $19.8m | $28.1m | $54.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Operating Lease, Expense | — | — | — | — | $42.1m | $44.0m | $48.1m | $44.9m | $45.3m | $44.8m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $1.8m | $1.8m | $1.3m | $329k | $585k | $477k | $528k | $793k | $991k | $1.1m | — | |
| General and Administrative Expense | $116.5m | $87.8m | $111.4m | $62.1m | $18.5m | $16.5m | $17.6m | $19.0m | $18.4m | $14.6m | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $2.1m | $2.3m | — | |
| Operating Cash Flow | $667.9m |
$467.0m
-30.08%
|
$114.6m
-75.46%
|
$67.2m
-41.40%
|
$50.2m
-25.25%
|
$68.6m
+36.61%
|
$78.8m
+14.92%
|
$17.6m
-77.68%
|
$35.4m
+101.01%
|
$39.1m
+10.56%
|
$28.5m
-27.18%
|
|
| Cash Flow From Continuing Operating Activities | $667.9m | $467.0m | $114.6m | $67.2m | $50.2m | $68.6m | $78.8m | $17.6m | $35.4m | $39.1m | $28.5m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $31.8m | $59.1m | ($7.7m) | $44.1m | ($49.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($126.1m) | ($51.8m) | ($65.4m) | ($75.0m) | $1.6m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $234k | $202k | ($75k) | $91k | $658k | |
| Changes In Cash | — | — | — | — | — | — | ($15.5m) | $24.8m | ($37.8m) | $8.3m | ($19.3m) | |
| End Cash Position | — | — | — | — | — | — | $32.8m | $57.6m | $19.8m | $28.1m | $54.3m | |
| Financing Cash Flow | — | — | — | — | — | — | $31.8m |
$59.1m
+85.80%
|
($7.7m)
-113.09%
|
$44.1m
+670.83%
|
($49.4m)
-211.96%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($47.8m) | ($28.9m) | ($29.3m) | ($35.5m) | ($29.9m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($17.8m) | ($23.7m) | ($12.8m) | ($31.3m) | $30.5m | |
| Investing Cash Flow | — | — | — | — | — | — | ($126.1m) | ($51.8m) | ($65.4m) | ($75.0m) | $1.6m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $332k | $4.9m | $7.0m | $0 | $60.1m | |
| Net Preferred Stock Issuance | — | — | — | — | — | — | $0 | $94.6m | $38.8m | $0 | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($17.8m) | ($23.7m) | ($5.3m) | ($31.3m) | $31.3m | |
| Other Non Cash Items | — | — | — | — | — | — | $4.6m | $8.0m | $6.7m | $1.9m | — | |
| Purchase Of PPE | — | — | — | — | — | $0 | — | $0 | ($47k) | $0 | ($58.4m) | |
| Sale Of PPE | — | — | — | — | — | — | $332k | $4.9m | $7.0m | $0 | $60.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $2.2m | ($1.1m) | $152k | ($109k) | $0 | |
| Unrealized gain on derivative contracts | — | — | $16.5m | ($84.3m) | $6.1m | $47.7m | ($20.3m) | ($21.9m) | ($11.1m) | ($29.4m) | — | |
| Change in fair value of embedded derivative liability | — | — | — | — | — | — | ($1.8m) | ($2.1m) | ($2.1m) | — | — | |
| Other expense | ($2.4m) | $8.9m | ($3.4m) | ($1.6m) | $312k | ($567k) | ($77k) | $358k | $324k | $358k | — | |
| Prepaids and other | $7.0m | $4.3m | ($3.7m) | $5.8m | $4.7m | $636k | $234k | $202k | ($75k) | $91k | — | |
| Proceeds received from sales of oil and natural gas assets | $484.2m | $1.2m | $2.0b | $3.8m | $29.0m | $947k | $332k | $4.9m | $7.0m | — | — | |
| Acquisition of oil and natural gas properties | — | ($231k) | ($1.0b) | ($333.9m) | ($23k) | — | — | — | ($47k) | — | — | |
| Contract asset | — | — | — | — | — | — | — | ($10.3m) | ($7.7m) | — | — | |
| Payment of deferred financing costs | ($819k) | ($29.6m) | ($17.8m) | ($4.3m) | — | ($14.2m) | ($2.9m) | — | ($8.4m) | ($1.9m) | — | |
| Proceeds from issuance of preferred stock | — | — | $400.1m | — | — | — | — | $94.6m | $38.8m | — | — | |
| Asset retirement obligations | ($1.3m) | $6.7m | ($29.3m) | $2.2m | ($592k) | $836k | $3.7m | $1.3m | $707k | $598k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($15.5m) | $24.8m | ($37.8m) | $8.3m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $3.0m | $12.6m | $90.8m | $37.5m | $7.6m | $8.5m | $19.9m | $28.7m | $22.3m | $27.2m | — | |
| Income Taxes Paid, Net | ($8.6m) | ($3.1m) | $1.2m | ($5.0m) | ($1.2m) | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.