Investing.com - Battalion Oil reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Battalion Oil announced earnings per share of $0.24 on revenue of $99.15M. Analysts polled by Investing.com EPS of $0.33 on revenue of $61.02M.
Battalion Oil 's are down 30% and is trading at $12.96 , still down 44.14% from its 52 week high of $23.20 set on Friday, February 4, 2022.
Battalion Oil follows other major Energy sector earnings this month
Battalion Oil's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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