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 anticipated EPS of $0.33 on revenue of $61.02M.
Battalion Oil shares are down 30% from the beginning of the year, still down 44.14% from its 52 week high of $23.20 set on February 4.
Battalion Oil follows other major Energy sector earnings this month
Battalion Oil's report follows an earnings beat by Exxon Mobil on October 28, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on October 28 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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