Shares of oil and gas exploration and production companies are trading lower amid a crude price pullback after reports suggesting that the U.S. and Iran could resume negotiations and that Iran will stop its military strikes as long as the U.S. refrains from bombing.

8-K filing — BATTALION OIL CORP (BATL)

Filed: 2026-10-01 AccNo: 0001104659-26-112594 Size: 254 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

Battalion Oil Says It Is In Early-Stage Data Center, Power Generation Talks With Developers, Hyperscalers For 3,000+ Texas Acres

Battalion Oil Sees FY2027 EBITDA $75M-$85M, Production 14.0-15.0 MBoe/d, Assuming ATM Funding; FY2026 EBITDA $44M-$48M

Battalion Oil to Release Investor Presentation on Sept. 30

Battalion Oil Corporation announced plans to publish an updated investor presentation on September 30, 2026, covering corporate strategy, operational updates, capital structure, and outlook. CEO Matthew B. Steele emphasized the company's commitment to regular investor communication as the shareholder base has broadened.

TRIO PETROLEUM ANNOUNCES LLOYDMINSTER ACQUISITION WITH CUMMINGS MULTILATERAL OIL WELL AND WORKOVER PRODUCTION GROWTH OPPORTUNITY

Trio Petroleum Corp acquired 24 oil wells (4 producing, 20 shut-in) from Marlin Resources Ltd in Saskatchewan's Lloydminster region for CDN$800,000 cash plus an underutilized water disposal asset. The acquisition includes 37 BOPD of current production, a planned Cummings multilateral well with CDN$1.2 million development budget, and a CDN$425,000 workover program. The company expects the purchase price per flowing barrel to be discounted compared to market rates for comparable assets.

Shares of oil and gas-related companies are trading lower amid crude price declines after reports suggesting that President Trump may meet with Iranian President Pezeshkian in New York. Also, reports suggest Trump declined to attack Yemen's Houthi rebels on behalf of Saudi Arabia, which may be seen as a de-escalation.