12 Nov 2019quarterly activities report▼ Bad
BATTALION OIL CORP reported quarterly revenue of $50.8 million and a net loss of $63.3 million for the period ended 2019-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 Oct 2019substantial holder notice● Neutral
OCM HLCN Holdings, L.P, Oaktree Fund GP, LLC, Oaktree Fund GP I, L.P, Oaktree Capital I, L.P, OCM Holdings I, LLC, Oaktree Holdings, LLC, Oaktree Capital Group, LLC disclosed a new substantial BATTALION OIL CORP shareholding (24.60% of votes).
22 Oct 2019director interest notice● Neutral
Oaktree Capital Group, LLC became a BATTALION OIL CORP 10%+ owner and company insider (initial ownership filing).
22 Oct 2019substantial holder notice● Neutral
OR Luminus Management, LLC, OR Luminus Energy Partners Master Fund, OR Jonathan Barrett reported a BATTALION OIL CORP shareholding of 6,855,314 shares (40.50% of votes) in a periodic institutional filing.
21 Oct 2019director interest notice● Neutral
Luminus Management LLC became a BATTALION OIL CORP 10%+ owner and company insider (initial ownership filing).
18 Oct 2019director interest notice● Neutral
Grant R Evans became a BATTALION OIL CORP VP, Exploration & Geosciences and company insider (initial ownership filing).
18 Oct 2019substantial holder notice● Neutral
GEN IV INVESTMENT OPPORTUNITIES, LLC, LSP GENERATION IV, LLC, LSP INVESTMENT ADVISORS, LLC disclosed a new substantial BATTALION OIL CORP shareholding (16.30% of votes).
18 Oct 2019director interest notice● Neutral
David Chang became a BATTALION OIL CORP director and company insider (initial ownership filing).
18 Oct 2019director interest notice● Neutral
Scott Germann became a BATTALION OIL CORP director and company insider (initial ownership filing).
18 Oct 2019director interest notice● Neutral
Allen Li became a BATTALION OIL CORP director and company insider (initial ownership filing).
18 Oct 2019director interest notice● Neutral
William Carapucci became a BATTALION OIL CORP director and company insider (initial ownership filing).
18 Oct 2019director interest notice● Neutral
William L Transier became a BATTALION OIL CORP director and company insider (initial ownership filing).
18 Oct 2019director interest notice● Neutral
Walter R Mayer became a BATTALION OIL CORP VP, Legal and company insider (initial ownership filing).
18 Oct 2019director interest notice● Neutral
Daniel P Rohling became a BATTALION OIL CORP Chief Operating Officer and company insider (initial ownership filing).
18 Oct 2019director interest notice● Neutral
Gregory S. Hinds became a BATTALION OIL CORP director and company insider (initial ownership filing).
17 Oct 2019director interest notice● Neutral
Gen IV Investment Opportunities, LLC became a BATTALION OIL CORP 10%+ owner and company insider (initial ownership filing).
10 Oct 2019director interest notice● Neutral
BATTALION OIL CORP Chief Executive Officer Richard H Little disposed of 2 shares via option/appreciation-right settlement.
10 Oct 2019director interest notice● Neutral
BATTALION OIL CORP EVP and CLO David S Elkouri disposed of 562,163 shares via option/appreciation-right settlement.
10 Oct 2019director interest notice● Neutral
BATTALION OIL CORP SVP, HR & Administration Leah R. Kasparek disposed of 224,558 shares via option/appreciation-right settlement.
8 Oct 2019securities registration● Neutral
BATTALION OIL CORP amended a filing by which it filed notice of an exempt private placement.
8 Oct 2019securities registration● Neutral
BATTALION OIL CORP filed notice of an exempt private placement.
4 Oct 2019director interest notice● Neutral
BATTALION OIL CORP SVP, HR & Administration Leah R. Kasparek had 53,977 shares withheld for taxes on vesting stock.
27 Sept 2019director interest notice● Neutral
BATTALION OIL CORP EVP & COO Jon C. Wright had 74,243 shares withheld for taxes on vesting stock.
27 Sept 2019director interest notice● Neutral
BATTALION OIL CORP EVP and CLO David S Elkouri had 78,431 shares withheld for taxes on vesting stock.
26 Sept 2019bankruptcy or receivership▼ BadMajor
On Sept 24, 2019, the bankruptcy court confirmed Halcón's second pre-packaged Chapter 11 plan, three years after the 2016 reorganization. Under the plan, all existing common stock (164,039,916 shares as of Aug 5, 2019) will be cancelled once the plan takes effect. The press release says the plan eliminates over $750M of debt and provides a new $750M revolver with a $275M initial borrowing base. It had not yet taken effect, and the filing gives no assurance on timing; the press release expected emergence within a few weeks.
27 Aug 2019director interest notice● Neutral
BATTALION OIL CORP director Ares Management LLC sold 1,080,862 shares at $0.10.
23 Aug 2019director interest notice● Neutral
BATTALION OIL CORP director Ares Management LLC sold 407,800 shares.
23 Aug 2019director interest notice● Neutral
Ragan T Altizer became a BATTALION OIL CORP Chief Financial Officer and company insider (initial ownership filing).
22 Aug 2019substantial holder notice● Neutral
AF IV Energy II AIV B, AF IV Energy II AIV A, SSF III Halcon AIV B, SSF III Halcon AIV, SSF IV Halcon AIV B, SSF IV Halcon AIV, Ares Management LLC, Ares Management Holdings L.P, Ares Holdco LLC, Ares Holdings Inc, Ares Management Corporation, Ares Voting LLC, Ares Management GP LLC, Ares Partners Holdco LLC reported a BATTALION OIL CORP shareholding of 16,893,676 shares (10.30% of votes) in a periodic institutional filing.
19 Aug 2019substantial holder notice● Neutral
AF IV Energy II AIV B, AF IV Energy II AIV A, SSF III Halcon AIV B, SSF III Halcon AIV, SSF IV Halcon AIV B, SSF IV Halcon AIV, Ares Management LLC, Ares Management Holdings L.P, Ares Holdco LLC, Ares Holdings Inc, Ares Management Corporation, Ares Voting LLC, Ares Management GP LLC, Ares Partners Holdco LLC reported a BATTALION OIL CORP shareholding of 17,243,676 shares (10.50% of votes) in a periodic institutional filing.