Battalion Oil climbs on new gas-treating deal boosting operations
TL;DR Summary
Battalion Oil (BATL) jumped after announcing a new gas-treating agreement with a large-cap midstream partner. The deal lets Battalion process all gas from its Monument Draw Field, boosts flow reliability, and has helped lift January oil production to about 1,200 net barrels per day versus December. Pre-market trading surged with heavy volume, though Wall Street coverage remains sparse and an AI analyst assigns a neutral $1.50 price target due to weaker profitability and balance-sheet risks.
Topics:business#batl#battalion-oil#gas-treating-agreement#market-news#monument-draw-field#oil-production
- Why Is Battalion Oil Stock (BATL) Up Today? TipRanks
- More gas handled, more oil pumped: inside Battalion's January production jump Stock Titan
- Battalion Oil’s Strategic Midstream Partnership Boosts Production StocksToTrade
- Battalion Oil stock skyrockets after resolving production bottleneck By Investing.com Investing.com South Africa
- Battalion (BATL) Boosts Gas Processing and Oil Production with N GuruFocus
Reading Insights
Total Reads
1
Unique Readers
8
Time Saved
13 min
vs 14 min read
Condensed
97%
2,651 → 75 words
Want the full story? Read the original article
Read on TipRanks