Battalion Oil (NYSEAMERICAN:BATL) Director Gen Iv Investment Opportunitie Sells 2,369,769 Shares

Battalion Oil Co. (NYSEAMERICAN:BATL) Director Gen Iv Investment Opportunitie sold 2,369,769 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $5.82, for a total value of $13,792,055.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Battalion Oil Price Performance

BATL opened at $6.27 on Friday. The company has a market capitalization of $117.50 million, a PE ratio of -2.81 and a beta of 0.57. Battalion Oil Co. has a fifty-two week low of $1.00 and a fifty-two week high of $29.70. The business has a 50-day moving average of $7.87 and a 200-day moving average of $3.48.

Battalion Oil (NYSEAMERICAN:BATL) last announced its quarterly earnings results on Monday, March 23rd. The company reported ($1.16) EPS for the quarter. Battalion Oil had a net margin of 7.15% and a negative return on equity of 402.98%. The firm had revenue of $2.98 million during the quarter.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in shares of Battalion Oil by 50.4% during the 4th quarter. Geode Capital Management LLC now owns 64,862 shares of the company’s stock valued at $73,000 after purchasing an additional 21,737 shares in the last quarter. Citadel Advisors LLC boosted its holdings in Battalion Oil by 40.8% in the third quarter. Citadel Advisors LLC now owns 35,173 shares of the company’s stock worth $43,000 after purchasing an additional 10,189 shares in the last quarter. Finally, XTX Topco Ltd boosted its holdings in Battalion Oil by 74.7% in the fourth quarter. XTX Topco Ltd now owns 31,627 shares of the company’s stock worth $36,000 after purchasing an additional 13,523 shares in the last quarter. Institutional investors and hedge funds own 86.01% of the company’s stock.

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. The company was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020.