Battalion Oil (BATL) Debt to Equity (2010 - 2026)

Battalion Oil's (BATL) quarterly Debt to Equity came in at $1.02 in Q1 2026, up 100.85% year-on-year from $0.51 in Q1 2025, and up 118.45% quarter-over-quarter from -$5.54 in Q4 2025.

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

Battalion Oil has disclosed Debt to Equity across 17 years of filings, most recently posting $1.02 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $1.02, up 100.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.02 (up 100.85% YoY), and the FY2025 annual result was -$5.54, down 114.46% from the prior year.
  • Debt to Equity came in at $1.02 for Q1 2026 at Battalion Oil, up from -$5.54 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $38.3 in Q4 2024 to a low of -$120.06 in Q1 2025.
  • The 5-year median for Debt to Equity is $2.08 (2023), against an average of -$7.0.
  • Across the five-year window, Debt to Equity surged 1268.28% in 2024 and sank 2516.36% in 2025, its largest moves.
  • Battalion Oil's Debt to Equity stood at $2.57 in 2022, then rose by 8.78% to $2.8 in 2023, then surged by 1268.28% to $38.3 in 2024, then sank by 114.46% to -$5.54 in 2025, then soared by 118.45% to $1.02 in 2026.
  • The last three Debt to Equity figures came in at $1.02 (Q1 2026), -$5.54 (Q4 2025), and -$9.29 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.31
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.36
4 Eog Resources 72.93 Bn 69.08 Bn - 0.26
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.40
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.38
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.03
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Battalion Oil 23.07 Mn -30.73 Mn - 1.02

Historic Data

Download Data
DateValue
Mar 31, 2026 1.02
Dec 31, 2025 -5.54
Sep 30, 2025 -9.29
Jun 30, 2025 -37.42
Mar 31, 2025 -120.06
Dec 31, 2024 38.30
Sep 30, 2024 4.08
Jun 30, 2024 6.78
Mar 31, 2024 4.97
Dec 31, 2023 2.80
Sep 30, 2023 4.86
Jun 30, 2023 2.08
Mar 31, 2023 2.03
Dec 31, 2022 2.57
Sep 30, 2022 2.41
Jun 30, 2022 -12.25
Mar 31, 2022 -6.28
Dec 31, 2021 2.85
Sep 30, 2021 6.16
Jun 30, 2021 6.99