Richard H. Little Purchases 1,000 Shares of Battalion Oil Co. (NYSE:BATL) Stock

Battalion Oil Co. (NYSE:BATLGet Rating) CEO Richard H. Little acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 1st. The shares were acquired at an average price of $15.17 per share, with a total value of $15,170.00. Following the completion of the transaction, the chief executive officer now owns 33,570 shares in the company, valued at $509,256.90. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of BATL stock traded up $0.12 on Friday, hitting $16.18. 19,624 shares of the company’s stock were exchanged, compared to its average volume of 26,455. The company has a debt-to-equity ratio of 2.85, a current ratio of 0.48 and a quick ratio of 0.48. Battalion Oil Co. has a 12 month low of $7.31 and a 12 month high of $23.33. The stock has a market cap of $264.33 million, a P/E ratio of -2.99 and a beta of 0.54. The company has a 50 day moving average of $17.92 and a 200 day moving average of $15.34.

Battalion Oil (NYSE:BATLGet Rating) last announced its quarterly earnings data on Monday, May 9th. The company reported ($0.22) earnings per share for the quarter. Battalion Oil had a positive return on equity of 45.38% and a negative net margin of 28.17%. The business had revenue of $81.60 million for the quarter.

A number of institutional investors have recently bought and sold shares of the business. UBS Group AG raised its position in Battalion Oil by 102.2% in the first quarter. UBS Group AG now owns 1,399 shares of the company’s stock valued at $26,000 after purchasing an additional 707 shares during the last quarter. Renaissance Technologies LLC raised its position in Battalion Oil by 23.4% in the first quarter. Renaissance Technologies LLC now owns 20,600 shares of the company’s stock valued at $383,000 after purchasing an additional 3,900 shares during the last quarter. Citigroup Inc. bought a new position in Battalion Oil in the first quarter valued at about $84,000. CM Management LLC raised its position in Battalion Oil by 4.1% in the fourth quarter. CM Management LLC now owns 123,097 shares of the company’s stock valued at $1,206,000 after purchasing an additional 4,808 shares during the last quarter. Finally, Millennium Management LLC bought a new position in Battalion Oil in the third quarter valued at about $141,000. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Battalion Oil Company Profile (Get Rating)

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. As of December 31, 2021, the company held interests in 40,400 net acres in the Delaware Basin located in the counties of Pecos, Reeves, Ward, and Winkler, Texas.

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