13D Filings
Battalion Oil Corporation
BATL
Amendment
Ownership

23.20%

Total Shares

5,513,648

Issuer CIK

1282648

Event Date

Mar 24, 2026

Accepted

Mar 27, 2026, 08:49 PM

Reporting Persons (4)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
GEN IV INVESTMENT OPPORTUNITIES, LLC
Other
23.20%5,513,64805,513,648
LSP GENERATION IV, LLC
Other
23.20%5,513,64805,513,648
LSP INVESTMENT ADVISORS, LLC
Other
23.20%5,513,64805,513,648
Paul Segal
Individual
23.20%5,513,64805,513,648
Disclosure Items (5)

Security Title

Common Stock, par value $0.0001 per share

Issuer Name

Battalion Oil Corporation

Issuer Address

820 Gessner Road, Suite 1100, Houston, TX, 77024

Filing Persons

Item 2(a) is hereby amended by adding the following as a Reporting Person: (iv) Paul Segal

Business Address

Item 2(b) is hereby replaced in its entirety by the following: The business address of Mr. Segal and each of the other Reporting Persons is 250 West 55th Street, 31st Floor, New York, New York, 10019.

Principal Occupation

Item 2(c) is hereby amended by adding the following: Mr. Segal is the President of Gen IV, and as such has the authority to direct the disposition of the shares held by Gen IV.

Convictions

Item 2(e) in the Original 13D remains accurate after the addition of Mr. Segal as a Reporting Person.

Citizenship

Item 2(f) is hereby replaced in its entirety by the following: Each of the entities who are Reporting Persons is a limited liability company organized under the laws of the state of Delaware. Mr. Segal is a citizen of the United States.

Item 3 of the Schedule 13D is amended to incorporate the information below: On March 25, 2026, the Reporting Person sold 2,369,769 shares of Common Stock of the Issuer for $5.8206 per share, for an aggregate price of $13,793,477. On March 26, another entity over which Mr. Segal has investment authority received a distribution-in-kind of 639,648 shares of Common Stock of the Issuer. On March 26, 2026, that entity sold 639,648 shares of Common Stock of the Issuer, for $5.9075 per share, for an aggregate price of $3,778,721.

Percentage of Class

The information required by Item 5 (a) is set forth in rows 11 and 13 on the cover pages of this Amendment No. 7 for each Reporting Person and is incorporated by reference in its entirety into this Item 5(a).

Number of Shares

The information required by Item 5 (b) is set forth in rows in rows 7, 8, 9, and 10 on the cover pages of this Amendment No. 7 for each Reporting Person and is incorporated by reference in its entirety into this Item 5(b).

Transactions

Except as described in this Amendment No. 7, none of the Reporting Persons has effected any transactions in the Common Stock of the Issuer during the past 60 days.

Shareholders

No one other than the Reporting Person has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, any of the Common Stock beneficially owned by the Reporting Person as described in this Item 5.

Date of 5% Ownership

Not applicable.

Exhibit 99.2 Joint Filing Agreement, dated March 27, 2026, by and among the Reporting Persons.