Battalion Oil Management
Management criteria checks 2/4
Battalion Oil's CEO is Matt Steele, appointed in Apr 2023, has a tenure of 1.75 years. total yearly compensation is $375.62K, comprised of 49.9% salary and 50.1% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth $16.51K. The average tenure of the management team and the board of directors is 1.9 years and 4.1 years respectively.
Key information
Matt Steele
Chief executive officer
US$375.6k
Total compensation
| CEO salary percentage | 49.9% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.9yrs |
| Board average tenure | 4.1yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$73m |
| Dec 31 2023 | US$376k | US$188k | -US$15m |
Compensation vs Market: Matt's total compensation ($USD375.62K) is below average for companies of similar size in the US market ($USD640.16K).
Compensation vs Earnings: Insufficient data to compare Matt's compensation with company performance.
CEO
Matt Steele (45 yo)
1.8yrs
Tenure
US$375,621
Compensation
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 | 1.8yrs | US$375.62k | 0.053% $ 16.5k | |
| Executive VP & COO | 5.3yrs | US$722.98k | 0.18% $ 54.3k | |
| Senior VP | 2yrs | US$478.30k | 0.044% $ 13.5k | |
| Director of Corporate Finance & Investor Relations | no data | no data | no data | |
| VP & Controller | 1.8yrs | no data | 0.046% $ 14.3k |
1.9yrs
Average Tenure
45yo
Average Age
Experienced Management: BATL's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Principal Financial Officer | 1.8yrs | US$375.62k | 0.053% $ 16.5k | |
| Independent Director | 3.6yrs | US$200.00k | 0.024% $ 7.5k | |
| Independent Director | 5.3yrs | US$175.00k | 0.070% $ 21.8k | |
| Independent Chairman of the Board | 4.7yrs | US$225.00k | no data | |
| Independent Director | 5.3yrs | US$175.00k | no data | |
| Independent Director | 1.7yrs | US$96.84k | no data |
4.1yrs
Average Tenure
50.5yo
Average Age
Experienced Board: BATL's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 01:28 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
|
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| 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Battalion Oil Corporation is covered by 31 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 |