Overview

* Battalion Oil ( BATL ) Q2 revenue declines due to lower average realized prices per Boe

* Company reports adjusted EBITDA increase to $18.1 mln, despite net loss

* Completion of six-well plan ahead of schedule, positive production results

Outlook

* Company working to redirect gas production after AGI facility closure

* Company did not provide specific future financial guidance in its press release

Result Drivers

* PRODUCTION INCREASE - Average daily net production rose by 132 Boe/d to 12,989 Boe/d in Q2 2025 compared to Q2 2024, driven by new wells in the West Quito area

* LOWER CAPEX - Co reduced capital expenditure per well, outperforming AFE budget estimates by approximately $1.0 mln per well

* AGI FACILITY SHUTDOWN - AGI facility ceased operations on Aug. 11, 2025, leading to a temporary shutdown of part of the Monument Draw field

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS -$0.21

Q2 -$10.60

Adjusted mln

Net

Income

Q2 Net $4.80

Income mln

Q2 $18.10

Adjusted mln

EBITDA

Q2 $4.80

Pretax mln

Profit

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)