Filing Flows › Battalion Oil (BATL) › Q4 2024
Battalion Oil (BATL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Battalion Oil (BATL) reported revenue of $49.7M for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +10% from the quarter before. Operating margin was -36.1%, net loss $22.2M (44.7% of revenue).
Battalion Oil, Q4 2024: revenue $49.7M (+5% year over year), operating margin -36.1%, net loss $22.2M, operating cash flow $6.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $49.7M | +10% | +5% |
| Operating profit | −$17.9M | — | — |
| Net earnings | −$22.2M | — | — |
| Operating cash flow | $6.7M | — | +2% |
What changed
Revenue was $49.7M in Q4 2024, up 5% year over year and up 10% from the previous quarter. Oil was the largest line at 88% of revenue.
Operating costs exceeded revenue by $17.9M, an operating margin of -36.1%. Total costs grew 41% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+43%). The quarter ended with a net loss of $22.2M, after a profit of $21.6M the previous quarter.
Operating cash flow was $6.7M (up 2% year over year). Non-cash charges added back $12K of share-based compensation. Working capital and other items added $28.9M. Capital expenditures of $12.8M exceeded it, leaving free cash flow of −$6.2M.
Questions
What was Battalion Oil's revenue in the fourth quarter 2024?
Battalion Oil (BATL) reported revenue of $49.7M for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +10% from the quarter before.
Was Battalion Oil profitable in the fourth quarter 2024?
Operating loss was $17.9M (-36.1% of revenue) and net loss $22.2M.
Source: Battalion Oil 10-K on SEC EDGAR.