Battalion Oil (NYSE:BATL) Posts Earnings Results

Battalion Oil (NYSE:BATL) issued its quarterly earnings results on Monday. The company reported ($1.88) earnings per share (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%.

Battalion Oil Price Performance

Shares of BATL traded up $0.01 during trading hours on Monday, hitting $1.30. 59,809 shares of the company were exchanged, compared to its average volume of 67,426. The firm has a fifty day simple moving average of $1.57 and a 200-day simple moving average of $3.41. The company has a market capitalization of $21.39 million, a PE ratio of -1.62 and a beta of 0.98. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.47 and a quick ratio of 0.47. Battalion Oil has a one year low of $1.05 and a one year high of $7.08.

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.