Battalion Oil Management
Management criteria checks 2/4
Battalion Oil's CEO is Matt Steele, appointed in Apr 2023, has a tenure of 3.17 years. total yearly compensation is $873.61K, comprised of 42.1% salary and 57.9% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth €9.68K. The average tenure of the management team and the board of directors is 3.3 years and 5.5 years respectively.
Key information
Matt Steele
Chief executive officer
US$873.6k
Total compensation
| CEO salary percentage | 42.07% |
| CEO tenure | 3.2yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3.3yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -US$96m |
| Dec 31 2025 | US$874k | US$368k | -US$37m |
| Sep 30 2025 | n/a | n/a | -US$55m |
| Jun 30 2025 | n/a | n/a | -US$28m |
| Mar 31 2025 | n/a | n/a | -US$33m |
| Dec 31 2024 | US$663k | US$294k | -US$64m |
| Sep 30 2024 | n/a | n/a | -US$6m |
| Jun 30 2024 | n/a | n/a | -US$69m |
| Mar 31 2024 | n/a | n/a | -US$72m |
| Dec 31 2023 | US$376k | US$188k | -US$15m |
Compensation vs Market: Matt's total compensation ($USD873.61K) is above average for companies of similar size in the German market ($USD450.76K).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
CEO
Matt Steele (47 yo)
Mr. Matthew B. Steele, also known as Matt, serves as principal financial officer at Battalion Oil Corporation since August 08, 2023. He serves as Chief Executive Officer & Director of Battalion Oil Corpora...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Principal Financial Officer | 3.2yrs | US$873.61k | 0.040% € 9.7k | |
| Executive VP & COO | 6.7yrs | US$933.20k | 0% € 0 | |
| Senior VP | 3.4yrs | US$606.63k | 0.00079% € 191.8 | |
| Director of Corporate Finance & Investor Relations | no data | no data | no data | |
| VP & Controller | 3.2yrs | no data | 0% € 0 |
Experienced Management: RAQB's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Principal Financial Officer | 3.2yrs | US$873.61k | 0.040% € 9.7k | |
| Independent Director | 5yrs | US$200.00k | 0.018% € 4.4k | |
| Independent Director | 6.7yrs | US$175.00k | 0.053% € 12.8k | |
| Independent Chairman of the Board | 6.1yrs | US$225.00k | no data |
Experienced Board: RAQB's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/16 13:39 |
| End of Day Share Price | 2026/06/16 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Battalion Oil Corporation is covered by 23 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Katzenberg | Baird |
| Jeffrey Robertson | Barclays |
| Daniel McSpirit | BMO Capital Markets Equity Research |