Luminus Energy Partners Master Fund sold shares of BATTALION OIL CORP (NASDAQ:BATL) worth $8,625,138 in late March 2026, according to an SEC filing.
On March 30, 681,105 shares were sold at an average price of $5.59. On March 31, 872,586 shares sold at $3.85 and 336,791 shares at $4.33.
Additionally, on March 30, the fund converted preferred shares into 1,800,000 common shares. BATL stock has since dropped over 18% to $1.68.
Bond.az reports the company has weak financial health with negative free cash flow of $29.91 million.
