Winter Storm Drives Historic Natural Gas Price Surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Source: Benzinga
- Natural Gas Price Surge: U.S. natural gas futures soared over 30% on Monday, capping a roughly 125% increase over four sessions, positioning Henry Hub for its largest percentage gain since trading began due to supply tightness from Winter Storm Fern.
- Soaring Power Demand: The arctic blast has severely impacted power supply on the East Coast, leaving nearly a million customers without electricity and forcing airlines to cancel over 10,000 flights, which has sharply increased wholesale electricity prices in parts of the Mid-Atlantic.
- BATL Stock Surge: Battalion Oil shares surged 207.75% to $3.97 on Monday, reaching a new 52-week high, reflecting strong market interest in the company amid high-beta energy plays.
- Optimistic Cash Flow Outlook: The spike in gas and power prices enhances the value of Battalion Oil's existing production and undeveloped reserves, potentially leading to stronger cash generation that could provide the company with more flexibility to service debt and fund drilling activities.
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Analyst Views on BATL
About BATL
Battalion Oil Corporation is an independent energy company. It is focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. Its properties and drilling activities are focused on the Delaware Basin. Its principal properties consist of leasehold interests in developed and undeveloped oil and natural gas properties and the reserves associated with these properties. Its working interests in over 40,476 net acres in the Delaware Basin are in Pecos, Reeves, Ward and Winkler Counties, Texas. This resource play is characterized by high oil and liquids-rich natural gas content in thick, continuous sections of source rock that can provide repeatable drilling opportunities and significant initial production rates. Its primary targets in this area are the Wolfcamp and Bone Spring formations. It has approximately 91 operated wells producing in this area in addition to minor working interests in 13 non-operated wells.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Battalion Oil Shares Surge 25.75% After SEC Filing
- Price Surge: Battalion Oil Corp. (NYSE:BATL) shares rose 25.75% in after-hours trading on Tuesday to $4.20, reflecting strong market reaction to its recent SEC filing.
- Investor Changes: Florida-based Diveroli Investment Group and its affiliate Kingbird Ventures LLC disclosed in an amendment on Tuesday that they have disposed of all shares in Battalion, indicating a significant shift in their investment strategy regarding the company.
- Ownership Details: According to the SEC filing, these investment firms accumulated 887,455 shares between July 1, 2025, and January 21, representing 5.39% beneficial ownership, and have now completely divested, signaling an end to their interest in Battalion.
- Market Dynamics: The rise in Battalion's stock coincides with increasing natural gas prices driven by cold weather forecasts, highlighting the company's sensitivity to energy market fluctuations and potential profit opportunities.
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