Loading
2 insiders bought €94k of shares over the last 90 days, the latest filed 28 Aug 2026.
Battalion OIL Corp: what insiders have been doing
Battalion OIL Corp is a Energy company. Its directors and officers file their transactions with SEC (Form 4). Between 18 October 2025 and 18 October 2026, 7 insiders published 27 filings.
Both sides are active: 2 purchases worth €94k and 8 sales worth €19.5M, from 2 insiders and 5 insiders respectively. Sales outweigh purchases by €19.4M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Those buying include 2 senior executives. The largest single trade was a sale of €11.9M by Gen IV Investment Opportunities, LLC, published on 27 March 2026.
Within a 30-day window, 2 purchases overlapped with buying by a second insider. Purchases made close together by different insiders form what is called a cluster. The clock since the last published purchase (28 August 2026) now reads 51 days. Typically, a trade is published a median of 2 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning.
With 27 filings in twelve months, the company is more active than the median of 19 filings across the 5,811 companies we follow on the same exchange. Looking back to 2021, when coverage begins, insiders filed 17 purchases and 12 sales.
In the same sector, recent insider purchases at RGC Resources Inc and Empire Petroleum Corp also feature in our signals. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Insider Decl.
58
Thresholds
n/a
Buy Volume
€389,970
17 ops. · all time
Sell Volume
€20M
12 ops. · all time
Who traded when
BuySaleLuminus Management LLC3 sales
Walter R. Mayer2 sales
Charles E. Martin1 sale
Daniel P. Rohling1 sale
Gen IV Investment Opportunities, LLC1 sale
Gregory S. Hinds1 buy
+1 other insider
Since the insiders bought
- -23.7%Entry US$1.35 · Close 14 Oct 2026 US$1.03
- -23.7%Entry US$1.35 · Close 14 Oct 2026 US$1.03
- -52.6%Entry US$13.15 · Close at T+365 US$6.23
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 11,145 of 24,148 companies
53.5
score / 100
Value66
Quality41
FCF yld-60%
Earn yld20%
EV/EBITDA3.0x
ROE-20%
Gross mgn32%
Net mgn7.2%
Debt/EBITDA2.3x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$1.03
Analyst consensus
Income statement
RevenueUS$166M
Gross profitUS$52.8M32% margin
EBITDAUS$90.8M55% margin
Net incomeUS$11.9M-24.5% margin
Valuation
Beta0.46
Balance sheet & cash
Market capUS$59M
Total debtUS$212.3M
Free Cash Flow-US$35.5M
Debt / Equity78%
Profitability & ownership
ROE-20.2%
ROA-2.0%
% insiders3.1%
% institutions13.5%
Last declaration on 23 September 2026
Declarations58 total
187,523 shares0Common StockSEC:0001104659-26-109968:0
6,479 shares@ US$1.3020.014% mcap20.9% of flowCommon StockSEC:0001104659-26-103371:0
70,000 shares@ US$1.30240.15% mcap65.6% of flowCommon StockSEC:0001104659-26-103372:0
Canonical exit: 24 Nov 2026 (T+90)
14,400 shares@ US$1.310.031% mcap27.9% of flowCommon StockSEC:0001104659-26-103373:0
Canonical exit: 25 Nov 2026 (T+90)
253,815 shares0Common StockSEC:0001104659-26-092798:0
799,216 shares0Common StockSEC:0001104659-26-092798:2
1,607,845 shares0Common StockSEC:0001104659-26-092798:1
833,383 shares0Common StockSEC:0001104659-26-092798:3
2,376 shares@ US$1.200.0047% mcap7.2% of flowCommon StockSEC:0001104659-26-084696:0
6,468 shares@ US$1.200.013% mcap4.5% of flowCommon StockSEC:0001104659-26-084702:0
26,564 sharesCommon StockSEC:0001104659-26-076919:0
8,855 sharesCommon StockSEC:0001104659-26-076918:0
14,003 shares0Common StockSEC:0001104659-26-066486:0
148,286 shares0Common StockSEC:0001104659-26-066486:1
2,372 shares0Common StockSEC:0001104659-26-066486:2
8,551 shares0Common StockSEC:0001104659-26-066486:3
384,282 shares0Common StockSEC:0001104659-26-066486:4
379,559 shares0Common StockSEC:0001104659-26-040054:0
872,586 shares@ US$3.8538.8% of flowCommon StockSEC:0001104659-26-038748:2
336,791 shares@ US$4.3316.8% of flowCommon StockSEC:0001104659-26-038748:3
681,105 shares@ US$5.5944.4% of flowCommon StockSEC:0001104659-26-038748:0
1,800,000 shares0Common StockSEC:0001104659-26-038748:1
4,777 shares@ US$6.0071.9% of flowCommon StockSEC:0001104659-26-037067:0
4,054,458 shares0Common StockSEC:0001104659-26-035476:0
2,369,769 shares@ US$5.8206100.0% of flowCommon StockSEC:0001104659-26-036340:0
25 of 58 declarations
About Battalion OIL Corp
Battalion Oil Corp. (NYSE American: BATL) is an independent upstream oil and gas company based in the United States, with its corporate office in Houston, Texas. The company focuses on the acquisition, exploration, development, and production of onshore liquids-rich oil and natural gas assets, with operations concentrated in the Delaware Basin of West Texas. In practical terms, BATL is a small-to-mid-sized U.S. E&P operator whose performance is highly leveraged to commodity prices, basin-level differentials, gathering and processing capacity, and drilling execution. Its core acreage is located in Pecos, Reeves, Ward, and Winkler counties, where the company targets the Wolfcamp and Bone Spring formations. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001282648/000110465926033373/batl-20251231x10k.htm))
From a corporate history standpoint, Battalion fits the profile of a shale-focused independent that has grown through disciplined portfolio management rather than international diversification. Recent SEC filings show that the company continues to refine its asset base through selective divestitures and bolt-on acquisitions. As of December 31, 2025, Battalion reported working interests in 39,968 net acres in the Delaware Basin, while also disclosing a planned West Quito divestiture, underscoring an active approach to capital allocation and basin optimization. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001282648/000110465926033373/batl-20251231x10k.htm))
Read moreShow less
Battalion’s main business lines are standard for a U.S. exploration and production company: crude oil, natural gas, and NGL production; drilling and completion activities; reserve development; and related gathering/processing logistics. The company emphasizes its extensive drilling inventory and the long-term economics of the Delaware Basin, one of the most competitive unconventional oil plays in the United States. At the same time, the business remains capital intensive and exposed to reserve revisions, service-cost inflation, and financing risk. The most recent annual report also highlights meaningful debt under the 2024 amended term loan, making leverage and covenant compliance important analytical variables for investors. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001282648/000110465926033373/batl-20251231x10k.htm))
In competitive terms, BATL is best viewed as a basin-specific operator rather than a market leader. It does not compete on scale with the largest U.S. independents; instead, it seeks value creation through acreage consolidation, drilling inventory quality, and operational improvements. That model can produce strong upside in favorable commodity environments, but it also increases earnings volatility because the company is highly concentrated in a single region and a narrow set of hydrocarbon-producing assets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001282648/000110465926033373/batl-20251231x10k.htm))
Recent developments are material for investors following SEC Form 4 insider transactions and broader capital-market activity. In March 2026, Battalion announced a $15.0 million private placement at $5.50 per share and prefunded warrants, and separately entered into an all-stock agreement to acquire approximately 7,090 net acres in Ward County from RoadRunner/Sundown, closing on March 19, 2026. In January 2026, the company said it had secured alternative gas-processing arrangements for high-H2S production, improving flow assurance and operational reliability. The company’s May 2026 quarterly release confirms that BATL remains listed on NYSE American in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1282648/000110465926060327/batl-20260331x10q.htm?utm_source=openai))
Recent ranked signals in the same sector
Purchases our model currently ranks for the recommendations list.
All recommendations
