Battalion Oil BATL
NYSE BATL
$0.69 -0.13 (-15.82%)
As of: Oct 21, 2026 · 3:59 PM EDT

Battalion Oil (BATL) Debt Ratio (2010 - 2026)

Updated

Battalion Oil's Debt Ratio came in at 0.37 for Q2 2026, down 14.7% from 0.43 a year earlier and down 4.8% from the prior quarter.

Analysis

Battalion Oil (BATL) Debt Ratio (2010 - 2026) Analysis & Trends

For FY2025, Battalion Oil's Debt Ratio was 0.44, up 20.7% from FY2024.

  • Going back by year, Debt Ratio was 0.37 in FY2024 (-6.7%), 0.39 in FY2023 (-12.6%), 0.45 in FY2022 (-3.6%) and 0.47 in FY2021 (+0.7%).
  • The Q2 2026 figure represents the lowest quarterly Debt Ratio since Q3 2024.
  • Year-over-year, Debt Ratio increased in four of the last eight quarters, with growth averaging 6.0%.
  • The fastest year-over-year change in Debt Ratio over five years came in Q3 2025 (growth of 36.2%), and the weakest in Q2 2024 (a decline of 33.8%).
  • Business Quant data shows BATL's Debt Ratio at 0.38 (Q1 2026), 0.44 (Q4 2025) and 0.42 (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 ExxonMobil Holdings 743.20 Bn 699.68 Bn - 0.09
2 Chevron 447.03 Bn 419.15 Bn 33.45 Bn 0.11
3 Shell 310.50 Bn 240.25 Bn 30.13 Bn 0.19
4 TotalEnergies SE 198.52 Bn 79.10 Bn 61.77 Bn 0.20
5 Conocophillips 177.09 Bn 149.80 Bn 12.81 Bn 0.19
6 Equinor Asa 119.58 Bn 34.03 Bn - 17.84
7 Phillips 66 116.56 Bn 104.35 Bn 8.38 Bn 0.25
8 Canadian Natural Resources 113.43 Bn 110.44 Bn 8.84 Bn -
9 Suncor Energy 96.25 Bn 82.00 Bn - 0.10
10 Battalion Oil 18.31 Mn -189.58 Mn - 0.37
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.37
Mar 31, 2026 0.38
Dec 31, 2025 0.44
Sep 30, 2025 0.42
Jun 30, 2025 0.43
Mar 31, 2025 0.43
Dec 31, 2024 0.37
Sep 30, 2024 0.31
Jun 30, 2024 0.32
Mar 31, 2024 0.37
Dec 31, 2023 0.39
Sep 30, 2023 0.43
Jun 30, 2023 0.48
Mar 31, 2023 0.46
Dec 31, 2022 0.45
Sep 30, 2022 0.43
Jun 30, 2022 0.45
Mar 31, 2022 0.44
Dec 31, 2021 0.47
Sep 30, 2021 0.44
API Access

Battalion Oil Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=BATL&period=max&api_key=YOUR_API_KEY