Battalion Oil (BATL) Operating Expenses (2010 - 2026)
Battalion Oil's (BATL) quarterly Operating Expenses came in at $41.3 million in Q1 2026, down 6.3% year-on-year from $44.1 million in Q1 2025, and down 3.88% quarter-over-quarter from $43.0 million in Q4 2025.
Battalion Oil (BATL) Operating Expenses (2010 - 2026) Analysis & Trends
Battalion Oil has disclosed Operating Expenses across 17 years of filings, most recently posting $41.3 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $41.3 million, down 6.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $169.9 million (down 14.99% YoY), and the FY2025 annual result was $172.7 million, down 16.03% from the prior year.
- Operating Expenses came in at $41.3 million for Q1 2026 at Battalion Oil, down from $43.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $67.6 million in Q4 2024 to a low of $41.3 million in Q1 2026.
- The 5-year median for Operating Expenses is $47.8 million (2022), against an average of $48.8 million.
- Across the five-year window, Operating Expenses soared 41.09% in 2024 and plunged 36.42% in 2025, its largest moves.
- Battalion Oil's Operating Expenses stood at $52.2 million in 2022, then declined by 8.21% to $47.9 million in 2023, then soared by 41.09% to $67.6 million in 2024, then plunged by 36.42% to $43.0 million in 2025, then retreated by 3.88% to $41.3 million in 2026.
- The last three Operating Expenses figures came in at $41.3 million (Q1 2026), $43.0 million (Q4 2025), and $42.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 103.33 Mn |
| 10 | Battalion Oil | 24.38 Mn | -29.43 Mn | - | 41.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 43.46 Mn |