Battalion Oil 8-K Signals Material Financial/Operational Update
Ticker: BATL · Form: 8-K · Filed: Jan 29, 2024 · CIK: 1282648
| Field | Detail |
|---|---|
| Company | Battalion Oil CORP (BATL) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 B |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, operations, 8-K
TL;DR
**Battalion Oil filed an 8-K on Jan 29, hinting at a major financial or operational update.**
AI Summary
Battalion Oil Corporation filed an 8-K on January 29, 2024, indicating a significant event related to its financial condition and operations. While the filing itself doesn't disclose specific dollar amounts or detailed results, the 'Results of Operations and Financial Condition' item suggests a material update is forthcoming or has occurred. This matters to investors because it signals potential changes in the company's financial health or strategic direction, which could impact stock valuation.
Why It Matters
This filing indicates that Battalion Oil Corp. has experienced an event requiring disclosure about its financial condition or operations, which could significantly affect its future performance and stock price.
Risk Assessment
Risk Level: medium — The filing signals a material event without providing details, creating uncertainty about its impact on the company's financial health.
Analyst Insight
A smart investor would monitor Battalion Oil Corp. closely for subsequent filings or press releases that provide the specific details hinted at by the 'Results of Operations and Financial Condition' item, as these will clarify the impact on the company.
Key Players & Entities
- Battalion Oil Corporation (company) — the registrant filing the 8-K
- January 29, 2024 (date) — date of the earliest event reported and filing date
- Delaware (company) — state of incorporation for Battalion Oil Corporation
- 820 Gessner Road Suite 1100 Houston, Texas 77024 (company) — principal executive offices of Battalion Oil Corporation
Forward-Looking Statements
- Battalion Oil Corp. will release more detailed financial results or operational updates soon. (Battalion Oil Corp.) — high confidence, target: 2024-03-31
FAQ
What is the purpose of Battalion Oil Corp.'s 8-K filing on January 29, 2024?
The 8-K filing by Battalion Oil Corp. on January 29, 2024, is a 'Current Report' pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934, indicating a significant event has occurred. Specifically, it includes 'ITEM INFORMATION: Results of Operations and Financial Condition' and 'ITEM INFORMATION: Financial Statements and Exhibits'.
What is Battalion Oil Corp.'s business address and phone number as stated in the filing?
Battalion Oil Corp.'s business address is 820 Gessner Road, Suite 1100, Houston, Texas 77024, and its telephone number is (832) 538-0300.
What is the Commission File Number for Battalion Oil Corp.?
The Commission File Number for Battalion Oil Corp. is 001-35467, as stated in the filing.
What was Battalion Oil Corp.'s former name and when did it change?
Battalion Oil Corp. had a former name, HALCON RESOURCES CORP, which changed on 20120209. It also had former names RAM ENERGY RESOURCES INC (changed 20060518) and TREMISIS ENERGY ACQUISITION CORP (changed 20040304).
Under which specific items was this 8-K filed?
This 8-K was filed under 'ITEM INFORMATION: Results of Operations and Financial Condition' and 'ITEM INFORMATION: Financial Statements and Exhibits'.
Filing Stats: 912 words · 4 min read · ~3 pages · Grade level 13 · Accepted 2024-01-29 09:10:25
Key Financial Figures
- $0.0001 B — ich registered Common Stock par value $0.0001 BATL NYSE American Indicate by check
Filing Documents
- batl-20240129x8k.htm (8-K) — 41KB
- batl-20240129xex99d1.htm (EX-99.1) — 22KB
- batl-20240129xex99d1001.jpg (GRAPHIC) — 8KB
- 0001558370-24-000608.txt ( ) — 235KB
- batl-20240129.xsd (EX-101.SCH) — 4KB
- batl-20240129_def.xml (EX-101.DEF) — 3KB
- batl-20240129_lab.xml (EX-101.LAB) — 12KB
- batl-20240129_pre.xml (EX-101.PRE) — 12KB
- batl-20240129x8k_htm.xml (XML) — 5KB
02
Item 2.02 Results of Operations and Financial Condition. On January 29, 2024, Battalion Oil Corporation (the " Company ") issued a press release which provides financial and operating updates and provides an update on the previously announced merger transaction with Fury Resources, Inc., a Delaware corporation (" Fury "). The press release is furnished as Exhibit 99.1 to this Current Report Exhibit 99.1 shall not be deemed to be " filed " for the purposes of Section 18 of the Exchange Act, and will not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. Important Information for Investors and Stockholders This communication is being made in connection with the proposed transaction involving the Company and Fury. In connection with the proposed transaction, the Company intends to file the relevant materials with the U.S. Securities and Exchange Commission (" SEC "), including a proxy statement on Schedule 14A and a transaction statement on Schedule 13e-3 (the " Schedule 13e-3 "). Promptly after filing its definitive proxy statement with the SEC, the Company will mail the definitive proxy statement and a proxy card to each stockholder of the Company entitled to vote at the special meeting relating to the proposed transaction. This communication is not a substitute for the proxy statement, the Schedule 13e-3 or any other document that the Company may file with the SEC or send to its stockholders in connection with the proposed transaction. The materials to be filed by the Company will be made available to the Company's investors and stockholders at no expense to them and copies may be obtained free of charge on the Company's website at http://www.battalionoil.com. In addition, all of those materials will be available at no charge on the SEC's website at www.sec.gov. Investors and stockholders of the Company are urged to
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibits are furnished as part of this Current Report on Form 8-K: Exhibit No. Description 99.1 Press Release issued by Battalion Oil Corporation dated January 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BATTALION OIL CORPORATION January 29, 2024 By: /s/ Matthew B. Steele Name: Matthew B. Steele Title: Chief Executive Officer 3