Battalion Oil BATL
NYSE BATL
$1.33 -0.05 (-3.37%)
As of: Aug 21, 2026 · 10:46 AM EDT

Battalion Oil (BATL) Operating Margin (2010 - 2026)

Battalion Oil (BATL) posted Operating Margin of 5.45% for Q1 2026, up 84.12% sequentially from 34.31% in Q4 2025, and down 1259.0% YoY from 0.47% in Q1 2025.

Battalion Oil (BATL) Operating Margin (2010 - 2026) Analysis & Trends

Battalion Oil has reported Operating Margin for 17 years, with the latest figure at 5.45% in Q1 2026.

  • Quarterly Operating Margin fell 1259.0% year-over-year to 5.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.77% (down 338.0% YoY) and the FY2025 annual result came in at 4.02%, up 206.0% from the prior year.
  • Operating Margin grew to 5.45% in Q1 2026 per BATL's latest filing, from 34.31% in the prior quarter.
  • Over five years, Operating Margin peaked at 49.15% in Q2 2022 and troughed at 36.63% in Q4 2024.
  • A 5-year average of 8.32% and a median of 2.33% in 2024 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin jumped 1683 bps in 2022, then tumbled 4858 bps in 2023.
  • Over 5 years, Operating Margin stood at 32.04% in 2022, then tumbled by 104 bps to 1.36% in 2023, then plunged by 2597 bps to 36.63% in 2024, then increased by 6 bps to 34.31% in 2025, then surged by 84 bps to 5.45% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 5.45%, 34.31%, and 1.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Conocophillips 164.08 Bn 156.39 Bn 12.81 Bn 53.17%
2 Canadian Natural Resources 106.87 Bn 104.98 Bn 10.66 Bn 84.71%
3 Eog Resources 79.98 Bn 75.07 Bn - 40.93%
4 Diamondback Energy 59.18 Bn 58.72 Bn 5.55 Bn 45.16%
5 Woodside Energy 46.10 Bn 40.16 Bn 6.02 Bn 91.41%
6 Devon Energy 45.95 Bn 44.94 Bn 6.02 Bn 32.14%
7 Occidental Petroleum 39.50 Bn 35.35 Bn 7.73 Bn 39.52%
8 Eqt 33.71 Bn 33.60 Bn 1.42 Bn 21.77%
9 Texas Pacific Land 26.19 Bn 25.94 Bn - 77.96%
10 Battalion Oil 35.29 Mn -52.04 Mn - 14.09%

Historic Data

Download Data
DateValue
Jun 30, 2026 14.09%
Mar 31, 2026 -5.45%
Dec 31, 2025 -34.31%
Sep 30, 2025 1.90%
Jun 30, 2025 -0.36%
Mar 31, 2025 7.14%
Dec 31, 2024 -36.63%
Sep 30, 2024 2.33%
Jun 30, 2024 10.43%
Mar 31, 2024 0.05%
Dec 31, 2023 -1.36%
Sep 30, 2023 12.76%
Jun 30, 2023 0.57%
Mar 31, 2023 17.08%
Dec 31, 2022 32.04%
Sep 30, 2022 44.51%
Jun 30, 2022 49.15%
Mar 31, 2022 41.52%
Dec 31, 2021 41.78%
Sep 30, 2021 41.56%