Battalion Oil Corporation (BATL)

So the question is will the cash generated from the Monument Draw development exceed the benefit of the assets that were sold. If production growth and margins improve as management expects, the strategy could strengthen the company. If commodity prices weaken or development underperforms, the company would still have meaningful leverage despite the refinancing.
Guess we see

BATL news....
Battalion Oil Announces Refinancing and Execution of Third Amended and Restated Credit Agreement

Houston, Texas, July 1, 2026 (GLOBE NEWSWIRE) –

Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced the closing of a refinancing of its senior secured credit facility through the execution of a Third Amended and Restated Senior Secured Credit Agreement (the “New Credit Agreement”), which reduces borrowing costs, extends debt maturity through December 2029, defers principal amortization, and provides potential access to additional discretionary capital to support the Company's ongoing operations and strategic objectives.

Key Highlights

? Achieved improved terms with no new cash borrowing and no novation, as existing lenders rolled the full $162.5 million of outstanding term loans into the New Credit Agreement, emphasizing continued lender confidence in Battalion’s credit.
? Net debt as of June 29, 2026 is ~$65.5 million; total gross term loan debt of $162.5 million less ~$96.99 million of cash and reinvestment proceeds.
? Reduced borrowing costs by a minimum of 125 basis points, replacing the Existing Credit Agreement's leverage-based pricing grid of 7.75% to 8.50% with a fixed applicable margin of 6.50% over SOFR.
? Extended debt maturity by a full year from December 26, 2028 to December 31, 2029.
? Deferred all principal amortization for a full year, with scheduled quarterly payments under the New Credit Agreement not commencing until the fiscal quarter ending June 30, 2027.
? Secured access to up to $175 million of additional discretionary delayed draw capacity to fund future growth, available on an uncommitted basis.
Management Comments

The refinancing strengthens Battalion's capital structure by reducing borrowing costs, extending debt maturities, and enhancing liquidity flexibility for future development activities. These improvements build on the Company's balance sheet initiatives completed earlier in 2026, including the divestiture of the West Quito Assets and the associated debt reduction from approximately $208.1 million at year-end 2025 to approximately $162.5 million as of March 31, 2026, as previously reported, and further position Battalion to execute its Monument Draw development program and long-term strategic objectives. Given the significant cash on hand and reinvestment proceeds, the Company has ample liquidity to execute on its favorable Joint Development Agreement with enhanced economics as well as additional accretive operations or strategic alternatives.



“Closing this refinancing is a meaningful milestone for Battalion,” said Matt Steele, Chief Executive Officer of Battalion. “Locking in a fixed 6.50% margin over SOFR reduces our borrowing costs and eliminates the uncertainty associated with a leverage-based pricing grid. Combined with the deferral of principal amortization and extension of debt maturity through December 2029, this transaction significantly enhances our financial flexibility as we continue executing our Monument Draw development program.”

Transaction Description

The New Credit Agreement amends and restates in its entirety the Second Amended and Restated Senior Secured Credit Agreement dated December 26, 2024, as amended (the “Existing Credit Agreement”). The transaction amends and restates the Existing Credit Agreement and does not involve a novation. Outstanding term loans under the Existing Credit Agreement will continue under the New Credit Agreement as Closing Date Term Loans, against a maximum Closing Date Term Loan Commitment of $162.5 million and no new cash borrowing.

Key terms of the New Credit Agreement include:

Interest Rate: SOFR plus a fixed applicable margin of 6.50% per annum (or ABR plus 5.50%), along with a 0.15% credit spread adjustment. The fixed margin replaces the leverage-based pricing grid under the Existing Credit Agreement, under which the SOFR margin ranged from 7.75% to 8.50% depending on the Company's Total Net Leverage Ratio.

Maturity: December 31, 2029.

Delayed Draw Facility: Up to $175.0 million of discretionary delayed draw term loan capacity, available on an uncommitted basis and subject to each lender's sole discretion to provide commitments.

Amortization: Scheduled quarterly principal amortization commences with the fiscal quarter ending June 30, 2027.

Financial Covenants: Includes maintenance covenants relating to Total Net Leverage Ratio, Current Ratio, Asset Coverage Ratio and minimum Liquidity, each commencing with the fiscal quarter ending September 30, 2026.

A copy of the Third Amended and Restated Credit Agreement will be filed as an exhibit to a Current Report on Form 8-K with the Securities and Exchange Commission.

Forward Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not strictly historical statements constitute forward-looking statements. Forward-looking statements include, among others, statements about the expected benefits of the Third Amended and Restated Credit Agreement, anticipated improvements in the Company’s borrowing cost and financial ratios, future amortization obligations, covenant compliance expectations, the potential availability or use of the Discretionary Delayed Draw Term Loan facility, and the Company’s ability to execute its development program. Forward-looking statements can often, but not always, be identified by the use of such words as “expects”, “believes”, “intends”, “anticipates”, “plans”, “estimates”, “projects,” “potential”, “possible”, or “probable” or statements that certain actions, events or results “may”, “will”, “should”, or “could” be taken, occur or be achieved. Forward-looking statements are based on current beliefs and

Asset sale by ten oaks. Offers due by july 1st

batl.................................a/h

nice move today.

Today, maybe, we can see the $2's.

The energy prices trend to go higher because of the escalation of conflict in the Middle East.

To the $2's in the AH.

BATL............................https://stockcharts.com/sc3/ui/?s=BATL&p=w&b=5&g=0&id=p86431144783

https://investorshub.advfn.com/stock-market/AMEX/battalion-oil-BATL/trades

The price was almost $2 in the today's premarket. It might go again to >$1.9 tomorrow.

BATL.........................https://stockcharts.com/sc3/ui/?s=BATL&p=W&b=5&g=0&id=p86431144783

Something big is coming!

Breaking the 3 soon.

Great prices! This stock can reach the 4's again this week.

$BATL: Been a few years since they put out an updated Investor Deck


Its about time they came current and put something out there............


https://battalionoil.com/wp-content/uploads/2022/11/Battalion-Oil-3Q22-Earnings-vF.pdf



GO $BATL

I am in deep

I am in deep

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Oil and energy are the stocks to pursue! I think BATL can handle the legal battle plus come out on top! Could go back to $15 to $20 a share!

In my opinion, the price will reach the tens again in days ahead, very soon. The demand for energy remains very high.

Oil is at all time highs. I am investing here! 😄

To $4's again!

I don't see any reason, except the dilution , why the price to drop so much. The demand for energy remains very high.

The company is heavily diluting.

To the $5's today?

The conflict in Iran is escalating, that means that energy prices will skyrocket.

The oil prices are going up.

Good to see some life in $IOTR with the +22% move, but let’s avoid the "hype machine" trap. Chasing the $59.80 pre-Reverse Split high is a fantasy. The real anchor we need to be watching is the $7.50 level (the peak of the January pre-market spike).

We are currently sitting at $2.45, a price that represents a textbook "Stage 1" base building pattern. Here is the objective, data-driven architecture of this trade as of April 5, 2026:

1. The "Post-RS" Washout is Over
Most of the brutal selling we saw in late 2025 was the market digesting the Reverse Split. Since then, we’ve found a very clear technical floor at the $2.13 support level. Today’s bounce to $2.45 on rising volume suggests that the post-split "forced liquidations" are done, and the stock is finally trying to build a new foundation.

2. Institutional Social Proof: The PIL Partnership
Unlike many nano-caps that are pre-revenue, iOThree has Pacific International Lines (PIL)—a top-tier global ocean carrier—as a lead customer. Their JARVISS PaaS and V.Secure cybersecurity (which just got the IACS UR E27 Type Approval in January) are "sticky" high-margin subscription models. PIL wouldn't run their data lakes and micro-data centers on iO3 software if the tech wasn't valid.

3. The 700K Float: A Double-Edged Sword
This is the single most important stat: The float is estimated at only 670K–730K shares.

The Squeeze: This tiny supply is why the stock can gap up 20% on minimal volume. When a small-float tech play stops falling and insiders begin to accumulate (as seen in the Form 3 filings in March), any positive news creates a massive "liquidity vacuum."

The Ceiling: The $7.50 high from January is now major resistance. A lot of retail traders got "trapped" up there chasing that pre-market gap, and they may be looking to sell break-even if we rally, so expect a fight if we get back near $6–$7.

4. The 2026 Pipeline (The "Hook")
The most exciting part of the io3.sg website is the "Coming Soon" sections for Data Transportation and Security Ops Centers. The market is currently valuing the entire company at just $6M. If IOTR can successfully launch these AI and cybersecurity modules and convert them into cash flow by Q3 2026, the $2.45 entry point will look like a historical footnote.

Bottom Line: I'm not chasing the $59 ghosts. I'm trading the $2.13 – $2.75 consolidation zone. If the V.Sight AI analytics gain traction, the tiny float will turn this into a high-alpha "satellite" play for any tech sleeve.

GLTA — Watch the tape, not the chat.

down over a hr scary stuff might not trade again today

i found this last filing A portion of the net cash proceeds from the West Quito Sale will be used to make the $40,000,000 mandatory prepayment of outstanding Loans required under the Amended Credit

didnt know about a offering but i was thinking it was going to happen

new tactic when shorts are getting burnt they do this i think all traders should go on strike

100 of thousands of shares being bought or shorts covering while suspended this is illegal

Or the $5.50 offering for tomorrow might be setting this up to drop like a rock? How stupid can insiders BE to sell shares at such a low price????!!!!!

might be

been down over half hr

shorts covering i think while trading halt new tactic

Big boys loading up on the cheap.

the volume is moving and teens buying while suspended

i watched the volume and it would move in the thousandths for split seconds

look at it now a buy at 17,00 while suspended

wow they stopped trading and i seen buying going on at 19.00 back door corruption

wow i just wrote this and a trade halt just happened on a selloff ?????

massive fast trade prices moves and not one trade halt all day how can that be'
iv seen 10c moves and get a trade halt corruption at its best.

BATL.....................................................https://stockcharts.com/sc3/ui/?s=BATL&p=W&b=5&g=0&id=p86431144783

https://investorshub.advfn.com/stock-market/AMEX/battalion-oil-BATL/trades

Beautiful bro

In 4.92,bids in also($20.00 is my target),the only zero borrow trading freely so far,Iran war news breaking

BATL........................................https://stockcharts.com/sc3/ui/?s=BATL&p=w&b=5&g=0&id=p86431144783