$BATL This is an OIL turnaround. I know this trade:
9 months re: $CPE Callon Buyout came in around $36
March 2021 $38.55 $38.55
February 2021 $25.57 $25.57
January 2021 $13.84 $13.84
December 2020 $13.16 $13.16
November 2020 $9.51 $9.51
October 2020 $5.23 $5.23
September 2020 $4.82 $4.82
August 2020 $6.63 $6.63
July 2020 $11.40 $1.14
Won't take that long with $BATL
@Seren6 9 months re: $CPE Callon
March 2021 $38.55 $38.55
February 2021 $25.57 $25.57
January 2021 $13.84 $13.84
December 2020 $13.16 $13.16
November 2020 $9.51 $9.51
October 2020 $5.23 $5.23
September 2020 $4.82 $4.82
August 2020 $6.63 $6.63
July 2020 $11.40 $1.14
Won't take that long with $BATL
$BATL We know this trade, based on $CPE. We bought it for $1 and change, and it eventually sold for $35.
This is no different.
MarketCap 29M Enterprise Value 369M
Same Traders calling for $30 here, were with us on Callon. Shorts should have covered. This is not a game, when you are dealing with OIL Traders.
You'll know when our hands are full, and feel the wrath of your greed.
@Ryan070683 @cajunnavy Ryan bruh, do i emember you?? was it last year or several yeas ago....??! i think you were in $CPE became $APA as I recall ....then you got youself some $PR for 16-17 or some shite ...... I liked to bash these oilers regularly afte r2023 ....!!!
Peeps thought it was 2022 all over again, hah!! ain't Russ Vs EU ...... Irann is a middle power that kicked Uncle Sham's nuts real hard!!! Sam had to run... from himself and his FOLLIES!! showed everyone what a turd US has become on its 250th birthday ..... fighter jets lost, radars blown up, interceptors not working .... sheep-faced defeat all over again
$BATL My understanding is inventories are low, and we are coming into peak travel. That being said, this is a driller, and they did give an update, which seems very positive. Those of you who traded $CPE know the basin, and the drill potential. Hundreds of wells, from what I understand. This is mispriced.
$BATL I'm pretty excited to be in this driller, because we know the Basin, and the wells should be viable. Same play as $CPE
I sold $CPE too soon. Went from .57 - $35, and I took profits @ $21.
This is so undervalued, and misunderstood by the newbies. They are trading it like it's a hedge on OIL.
This is a baby $XOM, $COP, $OXP It's an exploratory drilling company. They drill Nat Gas, OIL, and the residuals from hundreds of wells. It's one thing to talk about OIL, $USO, and another to use this as an instrument of a commodity, because you can't afford to trade commodities. .
The Company ended the quarter with positive equity of $157.1 million.
Current Market Cap is 31M?
Pro Traders and Funds will do very well to take away the float. It's super cheap. Same trade as $CPE, when we bought it at .57 and it was sold to big OIL over $35
@FiringKitty Kitty, were you in $CPE with us? I sold too early; .57 to $21, and made a killing, then it was sold for $35. Gotta hold a core, because Drillers are in demand.
$BATL Even if they have a deal, which I doubt, this is not an OIL commodity. $DRILLER with hundreds of wells.
Why is this driller getting traded like they were a commodity?
This is a baby $XOM, $COP, $OXP It's an exploratory drilling company. They drill Nat Gas, OIL, and the residuals from hundreds of wells. It's one thing to talk about OIL, $USO, and another to use this as an instrument of a commodity, because you can't afford to trade commodities. .
The Company ended the quarter with positive equity of $157.1 million.
Current Market Cap is 31M?
Pro Traders and Funds will do very well to take away the float. It's super cheap. Same trade as $CPE, when we bought it at .57 and it was sold to big OIL over $35
$BATL Why is this driller getting traded like they were a commodity?
This is a baby $XOM, $COP, $OXP It's an exploratory drilling company. They drill Nat Gas, OIL, and the residuals from hundreds of wells. It's one thing to talk about OIL, $USO, and another to use this as an instrument of a commodity, because you can't afford to trade commodities. .
The Company ended the quarter with positive equity of $157.1 million.
Current Market Cap is 31M?
Pro Traders and Funds will do very well to take away the float. It's super cheap. Same trade as $CPE, when we bought it at .57 and it was sold to big OIL over $35
@bundy3333 re: $BATL Maybe you don't realize you're speaking to the person who couldn't convince my friends to buy $TSLA @ $7 per share, when Elon had an idea, but wasn't producing cars. It's about assets and I know and have traded many oilers in that basin. We bought $CPE @ .57 per share, and she was sold at a premium over $35. So, yes, I do understand the trade.
@topstockalerts $BATL specific financial data source, Battalion Oil Corp (BATL) has a shorted percentage of float ranging from 44.95% to 94.88%.The most recent short interest metrics (as of late May/early June 2026) report the following breakdown for BATL:MarketBeat: Reports 44.95% of the float is sold short, representing about 3.76 million shares.Yahoo Finance: Reports a short percentage of float of 94.88%.
Remember $CPE? This is $CPE 2.0 .57-$35 to a buyout. In the same Texas basin
$PR this is Dusty from April/May of 2020.
Been here since swing trading $CPE IN early April 2020 and then was turned on to CDEV.
THANK GOD FOR THAT!
Went all in CDEV @ $1.35 and then a decent position @ .75
This ride has been fun, and it is NOT over by any means.
@Fronk
