Battalion Oil (BATL) Net Margin (2010 - 2026)
Battalion Oil's Net Margin came in at 18.85% for Q2 2026, up 26.97 percentage points from -8.11% a year earlier and up 184.29 percentage points from the prior quarter.
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Analysis
Battalion Oil (BATL) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Battalion Oil reported Net Margin of -51.08%, down 32.42 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 Q2 2026 figure represents the highest quarterly Net Margin since Q4 2023.
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of -9.87 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2021 (a gain of 400.60 percentage points), and the weakest in Q3 2023 (a drop of 213.37 percentage points).
- Business Quant data shows BATL's Net Margin at -165.44% (Q1 2026), -38.86% (Q4 2025) and -34.53% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 8.80% |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 13.62% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 9.17% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 30.55% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 21.33% |
| 10 | Battalion Oil | 28.02 Mn | -179.87 Mn | - | 18.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 16.15% |
API Access
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_KEYimport 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();