$3.47
+1.6%Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. As of December 31, 2021, the company held interests in 40,400 net acres in the Delaware Basin located in the counties of Pecos, Reeves, Ward, and Winkler, Texas. It also had estimated proved reserves of approximately 95.9 million barrels of oil equivalent comprising 58.7 million barrels of crude oil, 16.3 million barrels of natural gas liquids, and 125.0 billion cubic feet of natural gas. The company was formerly known as Halcรณn Resources Corporation and changed its name to Battalion Oil Corporation in January 2020. Battalion Oil Corporation was founded in 1987 and is headquartered in Houston, Texas.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $30.9M | $24.4M | $19.3M | $15.3M | $12.1M | $9.6M | $7.6M | $6.0M | $4.7M | $3.7M |
| Maintenance CapEx | -$11.8M | -$9.3M | -$7.4M | -$5.8M | -$4.6M | -$3.6M | -$2.9M | -$2.3M | -$1.8M | -$1.4M |
| Owner Earnings | $19.1M | $15.1M | $12.0M | $9.4M | $7.5M | $5.9M | $4.7M | $3.7M | $2.9M | $2.3M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $17.7M | $13.0M | $9.5M | $6.9M | $5.1M | $3.7M | $2.7M | $2.0M | $1.5M | $1.1M |
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