Why Is Battalion Oil Stock Jumping Premarket Friday? [Yahoo! Finance]
Battalion Oil Corporation (BATL)
Company Research
Source: Yahoo! Finance
to its Merger Agreement with Fury Resources, Inc. , where Fury will acquire all outstanding common stock of Battalion for $7.00 per share in cash In December 2023, Battalion Oil disclosed a merger agreement, under which Fury agreed to acquire all outstanding shares of Battalion's common stock for $9.80 per share in cash. The initial deal represented a total transaction value of approximately $450 million. According to Benzinga Pro , BATL stock has lost over 69% in the year-to-date period. Fury has confirmed capital commitments for the transaction, including $200 million in debt financing from Fortress Credit Corp. and AI Partners Asset Management Co., Ltd., $188 million in Preferred Stock commitments with $173 million from the Rollover Stockholders and $15 million from AI Partners Asset Management Co., Ltd., and $160 million in equity commitments for the acquisition of new common stock in Fury. The transaction is anticipated to close in the fourth quarter of 2024, pending appr
Show less
Read more
Impact Snapshot
Event Time:
BATL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BATL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BATL alerts
High impacting Battalion Oil Corporation news events
Weekly update
A roundup of the hottest topics
BATL
News
- Battalion Oil Corporation Announces Third Quarter 2024 Financial and Operating ResultsGlobeNewswire
- Battalion Oil: +5% Arbitrage Spread With Short Timeline [Seeking Alpha]Seeking Alpha
- Battalion Oil: The Acquisition Attempt By Fury Resources May Finally Go Through [Seeking Alpha]Seeking Alpha
- Battalion Oil Corporation Announces Amendment to Merger Agreement with Fury Resources, Inc.GlobeNewswire
BATL
Sec Filings
- 11/21/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/12/24 - Form 10-Q
- BATL's page on the SEC website