Why Battalion Oil Corp (AMEX: BATL) Is Worth A Spot On Your Watchlist

Battalion Oil Corp (AMEX:BATL)’s traded shares stood at 0.37 million during the last session, with the company’s beta value hitting 1.04. At the close of trading, the stock’s price was $2.08, to imply an increase of 14.92% or $0.27 in intraday trading. The BATL share’s 52-week high remains $9.69, putting it -365.87% down since that peak but still an impressive 37.02% since price per share fell to its 52-week low of $1.31. The company has a valuation of $34.23M, with an average of 0.32 million shares in intraday trading volume over the past 10 days and average of 108.77K shares over the past 3 months.

Battalion Oil Corp (AMEX:BATL) trade information

After registering a 14.92% upside in the last session, Battalion Oil Corp (BATL) has traded red over the past five days. The 5-day price performance for the stock is -14.58%, and -42.54% over 30 days. With these gigs, the year-to-date price performance is -78.36%. Short interest in Battalion Oil Corp (AMEX:BATL) saw shorts transact 0.35 million shares and set a 3.2 days time to cover.

BATL Dividends

Battalion Oil Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Battalion Oil Corp (AMEX:BATL)’s Major holders

Battalion Oil Corp insiders hold 0.73% of total outstanding shares, with institutional holders owning 81.21% of the shares at 81.81% float percentage. In total, 81.21% institutions holds shares in the company, led by LUMINUS MANAGEMENT LLC. As of 2024-06-30, the company held over 6.15 million shares (or 37.3789% of shares), all amounting to roughly $20.55 million.

The next major institution holding the largest number of shares is OAKTREE CAPITAL MANAGEMENT LP with 3.01 million shares, or about 18.2896% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.05 million.