(BATL) Battalion Oil - Overview
Stock: Crude Oil, Natural Gas, Natural Gas Liquids
| Risk 5d forecast | |
|---|---|
| Volatility | 353% |
| Relative Tail Risk | -30.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.01 |
| Alpha | 129.14 |
| Character TTM | |
|---|---|
| Beta | 0.752 |
| Beta Downside | 1.508 |
| Drawdowns 3y | |
|---|---|
| Max DD | 89.60% |
| CAGR/Max DD | -0.28 |
EPS (Earnings per Share)
Revenue
Description: BATL Battalion Oil February 20, 2026
Battalion Oil Corp (NYSE MKT: BATL) is a Houston-based independent E&P firm focused on acquiring and developing on-shore oil and natural-gas assets, primarily in the Delaware Basin across Pecos, Reeves, Ward, and Winkler counties, Texas. The company markets crude, natural gas, and NGLs to independent marketers, other producers, and pipeline operators.
In its most recent quarterly filing (Q4 2023), Battalion produced an average 2,800 boe/d, with oil accounting for roughly 80% of output, and generated $45 million of operating cash flow while maintaining a net debt position of $150 million. The firm’s average realized oil price was $78 per barrel, reflecting the current $80-$85 per barrel range driven by OPEC+ supply curbs and resilient U.S. demand.
Sector-wide, the Delaware Basin has seen a 5% year-over-year increase in rig count, underscoring continued capital inflow into high-margin sweet-spot acreage. Additionally, the U.S. Energy Information Administration projects a modest rise in domestic crude production through 2025, supporting price stability for mid-size producers like Battalion.
For deeper analysis, see ValueRay’s detailed report.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: -12.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 14.86 > 1.0 |
| NWC/Revenue: -2.12% < 20% (prev -33.67%; Δ 31.55% < -1%) |
| CFO/TA 0.12 > 3% & CFO 57.6m > Net Income -12.1m |
| Net Debt (371.0m) to EBITDA (44.9m): 8.26 < 3 |
| Current Ratio: 0.96 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.5m) vs 12m ago -0.40% < -2% |
| Gross Margin: 43.94% > 18% (prev 0.41%; Δ 4353 % > 0.5%) |
| Asset Turnover: 38.61% > 50% (prev 41.81%; Δ -3.20% > 0%) |
| Interest Coverage Ratio: -0.10 > 6 (EBITDA TTM 44.9m / Interest Expense TTM 29.2m) |
Altman Z'' -2.48
| A: -0.01 (Total Current Assets 84.3m - Total Current Liabilities 88.2m) / Total Assets 491.7m |
| B: -0.56 (Retained Earnings -274.8m / Total Assets 491.7m) |
| C: -0.01 (EBIT TTM -2.97m / Avg Total Assets 474.9m) |
| D: -0.54 (Book Value of Equity -274.8m / Total Liabilities 511.9m) |
| Altman-Z'' Score: -2.48 = D |
Beneish M -3.80
| DSRI: 0.89 (Receivables 17.9m/21.1m, Revenue 183.3m/191.5m) |
| GMI: 0.93 (GM 43.94% / 40.74%) |
| AQI: 0.25 (AQ_t 0.02 / AQ_t-1 0.06) |
| SGI: 0.96 (Revenue 183.3m / 191.5m) |
| TATA: -0.14 (NI -12.1m - CFO 57.6m) / TA 491.7m) |
| Beneish M-Score: -3.80 (Cap -4..+1) = AAA |
What is the price of BATL shares?
Over the past week, the price has changed by +52.96%, over one month by +235.77%, over three months by +259.13% and over the past year by +140.82%.
Is BATL a buy, sell or hold?
What are the forecasts/targets for the BATL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 18.6 | 350.4% |
| Analysts Target Price | 18.6 | 350.4% |
BATL Fundamental Data Overview February 16, 2026
P/S = 0.2279
P/B = 2.1342
Revenue TTM = 183.3m USD
EBIT TTM = -2.97m USD
EBITDA TTM = 44.9m USD
Long Term Debt = 186.2m USD (from longTermDebt, last quarter)
Short Term Debt = 23.3m USD (from shortTermDebt, last quarter)
Debt = 421.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 371.0m USD (from netDebt column, last quarter)
Enterprise Value = 412.8m USD (41.8m + Debt 421.7m - CCE 50.7m)
Interest Coverage Ratio = -0.10 (Ebit TTM -2.97m / Interest Expense TTM 29.2m)
EV/FCF = 9.23x (Enterprise Value 412.8m / FCF TTM 44.7m)
FCF Yield = 10.84% (FCF TTM 44.7m / Enterprise Value 412.8m)
FCF Margin = 24.41% (FCF TTM 44.7m / Revenue TTM 183.3m)
Net Margin = -6.61% (Net Income TTM -12.1m / Revenue TTM 183.3m)
Gross Margin = 43.94% ((Revenue TTM 183.3m - Cost of Revenue TTM 102.8m) / Revenue TTM)
Gross Margin QoQ = 71.44% (prev 37.13%)
Tobins Q-Ratio = 0.84 (Enterprise Value 412.8m / Total Assets 491.7m)
Interest Expense / Debt = 1.60% (Interest Expense 6.74m / Debt 421.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -2.34m (EBIT -2.97m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.96 (Total Current Assets 84.3m / Total Current Liabilities 88.2m)
Debt / Equity = -20.82 (negative equity) (Debt 421.7m / totalStockholderEquity, last quarter -20.2m)
Debt / EBITDA = 8.26 (Net Debt 371.0m / EBITDA 44.9m)
Debt / FCF = 8.29 (Net Debt 371.0m / FCF TTM 44.7m)
Total Stockholder Equity = 135.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.55% (Net Income -12.1m / Total Assets 491.7m)
RoE = -8.95% (Net Income TTM -12.1m / Total Stockholder Equity 135.3m)
RoCE = -0.92% (EBIT -2.97m / Capital Employed (Equity 135.3m + L.T.Debt 186.2m))
RoIC = -1.21% (negative operating profit) (NOPAT -2.34m / Invested Capital 194.2m)
WACC = 1.93% (E(41.8m)/V(463.5m) * Re(8.68%) + D(421.7m)/V(463.5m) * Rd(1.60%) * (1-Tc(0.21)))
Discount Rate = 8.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 0.00%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈44.7m ; Y1≈29.4m ; Y5≈13.4m
Fair Price DCF = 3.40 (EV 427.0m - Net Debt 371.0m = Equity 56.0m / Shares 16.5m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -44.92 | EPS CAGR: -3.06% | SUE: 0.0 | # QB: 0
Revenue Correlation: -90.57 | Revenue CAGR: -16.29% | SUE: 2.11 | # QB: 2