Battalion Oil (NYSE:BATL) Issues Earnings Results

Battalion Oil (NYSE:BATL) announced 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 Stock Up 0.8 %

Shares of BATL stock traded up $0.01 during trading hours on Monday, reaching $1.30. The company had a trading volume of 59,809 shares, compared to its average volume of 67,426. The company has a market capitalization of $21.39 million, a P/E ratio of -1.62 and a beta of 0.98. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.47 and a current ratio of 0.47. Battalion Oil has a twelve month low of $1.05 and a twelve month high of $7.08. The stock’s fifty day simple moving average is $1.57 and its 200 day simple moving average is $3.41.

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.