Why Battalion Oil (BATL) Stock Is Exploding Higher As Natural Gas Prices Surge
Battalion Oil Corp (NYSE:BATL) shares are soaring higher Monday afternoon, as traders rush into high-beta energy plays amid a historic natural gas price spike triggered by Winter Storm Fern. Here’s what investors need to know.Battalion Oil shares are testing new highs. What’s driving BATL to record levels?Winter Storm Powers Historic Natural Gas RallyU.S. natural gas futures jumped more than 30% Monday, capping a roughly 125% four-session surge as the arctic blast tightened supplies and sent heating demand ...