Battalion Oil (BATL) Invested Capital (2010 - 2026)
Battalion Oil (BATL) recorded Invested Capital of $361.38 million in Q2 2026, up 73.1% from $208.78 million a year earlier and up 14.5% from the prior quarter.
Battalion Oil (BATL) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Battalion Oil reported Invested Capital of $170.67 million, up 5.4% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of -7.4% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $161.9 million in FY2024 (-37.3%), $258.4 million in FY2023 (-14.5%), $302.37 million in FY2022 (+23.2%) and $245.36 million in FY2021 (-1.9%).
- The Q2 2026 figure is the highest quarterly Invested Capital since Q2 2020.
- On a year-over-year basis, Invested Capital has increased for six consecutive quarters, with growth averaging 10.8% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 108.9% in Q1 2023, against a decline of 42.3% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $315.5 million (Q1 2026), $170.67 million (Q4 2025) and $188.51 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 247.38 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 195.96 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 33.10 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 102.84 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 88.64 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 53.27 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 20.96 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 58.02 Bn |
| 10 | Battalion Oil | 27.75 Mn | -180.14 Mn | - | 361.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 361.38 Mn |
| Mar 31, 2026 | 315.50 Mn |
| Dec 31, 2025 | 170.67 Mn |
| Sep 30, 2025 | 188.51 Mn |
| Jun 30, 2025 | 208.78 Mn |
| Mar 31, 2025 | 217.65 Mn |
| Dec 31, 2024 | 161.90 Mn |
| Sep 30, 2024 | 177.76 Mn |
| Jun 30, 2024 | 176.46 Mn |
| Mar 31, 2024 | 213.24 Mn |
| Dec 31, 2023 | 258.40 Mn |
| Sep 30, 2023 | 239.41 Mn |
| Jun 30, 2023 | 305.98 Mn |
| Mar 31, 2023 | 320.46 Mn |
| Dec 31, 2022 | 302.37 Mn |
| Sep 30, 2022 | 295.76 Mn |
| Jun 30, 2022 | 187.96 Mn |
| Mar 31, 2022 | 153.42 Mn |
| Dec 31, 2021 | 245.36 Mn |
| Sep 30, 2021 | 192.39 Mn |
Battalion Oil Invested Capital 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=invested-capital&ticker=BATL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "BATL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=BATL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();