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
DateValue
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