Battalion Oil BATL
NYSE BATL
$1.35 -0.03 (-2.39%)
As of: Aug 21, 2026 · 11:41 AM EDT

Battalion Oil (BATL) Operating Expenses (2010 - 2026)

Battalion Oil (BATL) posted Operating Expenses of $41.3 million for Q1 2026, down 3.88% sequentially from $43.0 million in Q4 2025, and down 6.3% YoY from $44.1 million in Q1 2025.

Battalion Oil (BATL) Operating Expenses (2010 - 2026) Analysis & Trends

Battalion Oil has reported Operating Expenses for 17 years, with the latest figure at $41.3 million in Q1 2026.

  • Quarterly Operating Expenses fell 6.3% year-over-year to $41.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $169.9 million (down 14.99% YoY) and the FY2025 annual result came in at $172.7 million, down 16.03% from the prior year.
  • Operating Expenses fell to $41.3 million in Q1 2026 per BATL's latest filing, from $43.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $67.6 million in Q4 2024 and troughed at $41.3 million in Q1 2026.
  • A 5-year average of $48.8 million and a median of $47.8 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 41.09% in 2024, then plunged 36.42% in 2025.
  • Over 5 years, Operating Expenses stood at $52.2 million in 2022, then retreated by 8.21% to $47.9 million in 2023, then surged by 41.09% to $67.6 million in 2024, then plunged by 36.42% to $43.0 million in 2025, then slipped by 3.88% to $41.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $41.3 million, $43.0 million, and $42.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 163.85 Bn 156.16 Bn 12.81 Bn 2.43 Bn
2 Canadian Natural Resources 106.43 Bn 104.54 Bn 10.66 Bn 114.95 Mn
3 Eog Resources 80.11 Bn 75.20 Bn - 5.09 Bn
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn 3.05 Bn
5 Woodside Energy 46.08 Bn 40.14 Bn 6.02 Bn -
6 Devon Energy 46.05 Bn 45.04 Bn 6.02 Bn 5.03 Bn
7 Occidental Petroleum 39.50 Bn 35.35 Bn 7.73 Bn 4.55 Bn
8 Eqt 33.75 Bn 33.64 Bn 1.42 Bn 1.42 Bn
9 Texas Pacific Land 26.12 Bn 25.87 Bn - 54.24 Mn
10 Battalion Oil 35.40 Mn -51.93 Mn - 41.35 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 41.35 Mn
Mar 31, 2026 41.31 Mn
Dec 31, 2025 42.98 Mn
Sep 30, 2025 42.66 Mn
Jun 30, 2025 42.97 Mn
Mar 31, 2025 44.08 Mn
Dec 31, 2024 67.60 Mn
Sep 30, 2024 44.21 Mn
Jun 30, 2024 43.98 Mn
Mar 31, 2024 49.85 Mn
Dec 31, 2023 47.91 Mn
Sep 30, 2023 47.29 Mn
Jun 30, 2023 53.96 Mn
Mar 31, 2023 54.02 Mn
Dec 31, 2022 52.19 Mn
Sep 30, 2022 55.21 Mn
Jun 30, 2022 51.72 Mn
Mar 31, 2022 47.80 Mn
Dec 31, 2021 49.20 Mn
Sep 30, 2021 47.36 Mn