![Battalion Oil Non-compliant with NYSE American](/sites/default/files/styles/hart_news_article_image_640/public/image/2024/01/battalion-oil-non-compliant-nyse-american.jpg?itok=8u9YNmvs)
The 2023 annual meeting of stockholders is set for Feb. 7, 2024 in Houston, Texas. (Source: Shutterstock)
Battalion Oil Corp. received notice on Jan. 5 from NYSE American LLC that the company was not in compliance with NYSE American’s continued listing standards, Battalion announced Jan. 9.
The notice cited the company failing to hold an annual meeting of stockholders during the fiscal year ending Dec. 31, 2023 as non-compliant with the continued listing standards set forth in Section 704 of the NYSE American company guide.
The 2023 annual meeting of stockholders is set for Feb. 7, 2024 in Houston, Texas. Once the meeting is held, Battalion Oil expects to regain compliance with NYSE American’s continued listing standards.
Recommended Reading
Energy Capital Partners Raises $6.7B, Buys Atlantica
2024-05-29 - The New Jersey-headquartered Energy Capital Partners said its ECP V (Fund V) secured capital commitments of $4.4 billion plus an additional $2.3 billion of co-investment capital; the private equity firm also announced a $2.6 billion take-private of Atlantica Sustainable Infrastructure.
Family Offices: Familiar and New Names Coming to Oil, Gas Table
2024-06-06 - Haynes and Boone semi-annual surveys of oil and gas lenders and producers reveal measured optimism capital formation—and a broader audience of family offices than seen in prior decades is tuning in.
Sector’s Appetite for Capital Remains Amid Consolidation Frenzy, Panelists Say
2024-05-17 - There’s still an appetite for capital in the oil and gas sector—companies just need to think creatively to find it, a number of panelists said during SUPER DUG in Fort Worth, Texas.
MidOcean Appoints Lumens to CFO
2024-05-14 - Armand Lumens most recently served as the group CFO of Neptune Energy, where he helped develop the company’s financial and IT strategies.
Regional Banks Take Advantage of Large Lenders’ Oil, Gas Hesitancy
2024-06-06 - Regional banks are picking up market share and rallying the U.S. upstream sector.