Battalion Oil (BATL) Net Margin (2009 - 2026)
Battalion Oil's Net Margin came in at -90.06% for Q3 2026, down 55.53 percentage points from -34.53% a year earlier and down 108.92 percentage points from the prior quarter.
Battalion Oil (BATL) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Battalion Oil reported Net Margin of -66.20%, down 36.13 percentage points year-over-year; for FY2025, it came in at -22.18%, up 10.88 percentage points from FY2024.
- Net Margin carries a five-year change of +132.73 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -33.06% in FY2024 (-26.22 pp), -6.84% in FY2023 (-12.00 pp), 5.16% in FY2022 (+15.09 pp) and -9.93% in FY2021 (+144.98 pp).
- The five-year range for quarterly Net Margin is -165.44% (Q1 2026) to 106.80% (Q3 2022).
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -31.68 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2023 (a gain of 146.38 percentage points), and the weakest in Q3 2023 (a drop of 213.37 percentage points).
- Business Quant data shows BATL's Net Margin at 18.85% (Q2 2026), -165.44% (Q1 2026) and -38.86% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.62% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 588.80% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 14.64% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 12.37% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 13.41% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 19.95% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 8.61% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 19.16% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 10.90% |
| 10 | Battalion Oil | 42.83 Mn | -206.70 Mn | - | -90.06% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -90.06% |
| Jun 30, 2026 | 18.85% |
| Mar 31, 2026 | -165.44% |
| Dec 31, 2025 | -38.86% |
| Sep 30, 2025 | -34.53% |
| Jun 30, 2025 | -8.11% |
| Mar 31, 2025 | -12.21% |
| Dec 31, 2024 | -62.20% |
| Sep 30, 2024 | 12.34% |
| Jun 30, 2024 | -17.70% |
| Mar 31, 2024 | -73.86% |
| Dec 31, 2023 | 57.14% |
| Sep 30, 2023 | -106.57% |
| Jun 30, 2023 | -10.59% |
| Mar 31, 2023 | 32.73% |
| Dec 31, 2022 | -9.96% |
| Sep 30, 2022 | 106.80% |
| Jun 30, 2022 | 12.85% |
| Mar 31, 2022 | -113.65% |
| Dec 31, 2021 | 30.69% |
Battalion Oil Net Margin 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=net-margin&ticker=BATL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=BATL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();