Battalion Oil Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 65.14 million compared to USD 81.6 million a year ago. Net income was USD 22.81 million compared to net loss of USD 92.74 million a year ago.

Basic earnings per share from continuing operations was USD 1.29 compared to basic loss per share from continuing operations of USD 5.69 a year ago. Diluted earnings per share from continuing operations was USD 1.28 compared to diluted loss per share from continuing operations of USD 5.69 a year ago.