Battalion Oil (BATL) Return on Capital Employed [ROCE] (2009 - 2026)
Battalion Oil's Return on Capital Employed [ROCE] came in at -0.30% for Q3 2026, up 3.11 percentage points from -3.41% a year earlier and up 1.10 percentage points from the prior quarter.
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Analysis
Battalion Oil (BATL) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Battalion Oil's Return on Capital Employed [ROCE] was -1.74%, up 1.35 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +86.54 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -3.09% in FY2024 (-8.10 pp), 5.01% in FY2023 (-50.76 pp), 55.77% in FY2022 (+13.88 pp) and 41.89% in FY2021 (+130.16 pp).
- The Q3 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- Year-over-year, Return on Capital Employed [ROCE] increased in three of the last eight quarters, with an average year-over-year change of -2.37 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q2 2022 (a gain of 158.16 percentage points), and the weakest in Q2 2023 (a drop of 44.24 percentage points).
- Business Quant data shows BATL's Return on Capital Employed [ROCE] at -1.40% (Q2 2026), -3.52% (Q1 2026) and -1.61% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 14.97% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 15.97% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 13.86% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.67% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 30.91% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 26.83% |
| 10 | Battalion Oil | 42.83 Mn | -206.70 Mn | - | -0.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.30% |
| Jun 30, 2026 | -1.40% |
| Mar 31, 2026 | -3.52% |
| Dec 31, 2025 | -1.61% |
| Sep 30, 2025 | -3.41% |
| Jun 30, 2025 | -3.31% |
| Mar 31, 2025 | -2.25% |
| Dec 31, 2024 | -3.20% |
| Sep 30, 2024 | 1.58% |
| Jun 30, 2024 | 3.39% |
| Mar 31, 2024 | 1.91% |
| Dec 31, 2023 | 5.22% |
| Sep 30, 2023 | 14.12% |
| Jun 30, 2023 | 23.43% |
| Mar 31, 2023 | 36.22% |
| Dec 31, 2022 | 48.08% |
| Sep 30, 2022 | 54.93% |
| Jun 30, 2022 | 67.67% |
| Mar 31, 2022 | 58.64% |
| Dec 31, 2021 | 41.66% |
API Access
Battalion Oil Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=BATL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=BATL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();