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| Date | Value |
|---|---|
| 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 |