Battalion Oil Corporation

Battalion Oil Corporation is an independent energy company based in Houston, Texas, focused on the acquisition, production, exploration, and development of onshore liquids-rich oil and natural gas assets in the United States. Founded in 1987, the company adopted its current name in January 2020, having previously operated as Halcón Resources Corporation.

The company's primary operational focus is within the Delaware Basin, specifically across Pecos, Reeves, Ward, and Winkler Counties in Texas. Battalion Oil targets key geological formations such as the Wolfcamp and Bone Spring, extracting crude oil, natural gas, and natural gas liquids (NGLs) for sale to various market participants, including independent marketers, other energy companies, and pipeline operators.

In early 2026, Battalion Oil Corporation announced operational updates, including increased compression capacity in its Monument Draw field and the closing of an acquisition of Sundown assets, further expanding its presence in the Delaware Basin. The company reported its fourth-quarter 2025 financial and operating results in March 2026. Matthew B. Steele serves as the Principal Financial Officer, Chief Executive Officer, and Director.