Battalion Oil Corp
Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. It holds interests in the Delaware Basin located in Pecos, Reeves, Ward, and Winkler counties in Texas. The company sells crude oil, natural gas, and natural gas liquids primarily to independent marketers, oil an… Read more
Battalion Oil Corp (BATL) - Net Assets
Latest net assets as of September 2025: $-20.25 Million USD
Based on the latest financial reports, Battalion Oil Corp (BATL) has net assets worth $-20.25 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($491.69 Million) and total liabilities ($511.94 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-20.25 Million |
| % of Total Assets | -4.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | 101.93% |
| 10-Year Change | 246.58% |
| Growth Volatility | 8033.85 |
Battalion Oil Corp - Net Assets Trend (2002–2024)
This chart illustrates how Battalion Oil Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Battalion Oil Corp (2002–2024)
The table below shows the annual net assets of Battalion Oil Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $181.66 Million | +4.07% |
| 2023-12-31 | $174.56 Million | +106.26% |
| 2022-12-31 | $84.63 Million | +32.84% |
| 2021-12-31 | $63.70 Million | -29.18% |
| 2020-12-31 | $89.96 Million | -71.59% |
| 2019-12-31 | $316.65 Million | -73.55% |
| 2018-12-31 | $1.20 Billion | +11.66% |
| 2017-12-31 | $1.07 Billion | +851.30% |
| 2016-12-31 | $112.69 Million | +115.00% |
| 2015-12-31 | $52.41 Million | -97.04% |
| 2014-12-31 | $1.77 Billion | +22.42% |
| 2013-12-31 | $1.45 Billion | -30.84% |
| 2012-12-31 | $2.09 Billion | +35092.00% |
| 2011-12-31 | $5.95 Million | +42.74% |
| 2010-12-31 | $4.17 Million | +892.21% |
| 2009-12-31 | $-526.00K | -101.06% |
| 2008-12-31 | $49.72 Million | -49.62% |
| 2007-12-31 | $98.70 Million | +453.82% |
| 2006-12-31 | $-27.89 Million | -200.62% |
| 2005-12-31 | $27.72 Million | -0.29% |
| 2004-12-31 | $27.80 Million | +241.48% |
| 2003-12-31 | $-19.65 Million | -16.69% |
| 2002-12-31 | $-16.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Battalion Oil Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 28487500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.00% |
| Other Components | $466.53 Million | 256.82% |
| Total Equity | $181.66 Million | 100.00% |
Battalion Oil Corp Competitors by Market Cap
The table below lists competitors of Battalion Oil Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adler Group S.A
PINK:ADPPF
|
$41.80 Million |
|
Vivani Medical Inc.
NASDAQ:VANI
|
$41.81 Million |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
$41.81 Million |
|
Lake Shore Bancorp Inc
NASDAQ:LSBK
|
$41.82 Million |
|
Mono Next Public Company Limited
BK:MONO
|
$41.80 Million |
|
Kopla Co. Ltd
KQ:126600
|
$41.79 Million |
|
Kjell Group AB
ST:KJELL
|
$41.79 Million |
|
TriLinc Global Impact Fund LLC
PINK:TRLC
|
$41.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Battalion Oil Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 174,556,000 to 181,655,000, a change of 7,099,000 (4.1%).
- Net loss of 31,882,000 reduced equity.
- Dividend payments of 32,219,000 reduced retained earnings.
- New share issuances of 38,781,000 increased equity.
- Other comprehensive income increased equity by 106,537,000.
- Other factors decreased equity by 74,118,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.88 Million | -17.55% |
| Dividends Paid | $32.22 Million | -17.74% |
| Share Issuances | $38.78 Million | +21.35% |
| Other Comprehensive Income | $106.54 Million | +58.65% |
| Other Changes | $-74.12 Million | -40.8% |
| Total Change | $- | 4.07% |
Book Value vs Market Value Analysis
This analysis compares Battalion Oil Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $-6176.02 | $14.95 | x |
| 2003-12-31 | $-6.18 | $14.95 | x |
| 2004-12-31 | $9.36 | $14.95 | x |
| 2005-12-31 | $10.46 | $14.95 | x |
| 2006-12-31 | $-10.87 | $14.95 | x |
| 2007-12-31 | $23.93 | $14.95 | x |
| 2008-12-31 | $7.04 | $14.95 | x |
| 2009-12-31 | $-0.07 | $14.95 | x |
| 2010-12-31 | $1.59 | $14.95 | x |
| 2011-12-31 | $0.75 | $14.95 | x |
| 2012-12-31 | $22708.55 | $14.95 | x |
| 2013-12-31 | $3.81 | $14.95 | x |
| 2014-12-31 | $16.34 | $14.95 | x |
| 2015-12-31 | $0.49 | $14.95 | x |
| 2016-12-31 | $1.21 | $14.95 | x |
| 2017-12-31 | $8.03 | $14.95 | x |
| 2018-12-31 | $7.61 | $14.95 | x |
| 2019-12-31 | $25.69 | $14.95 | x |
| 2020-12-31 | $5.55 | $14.95 | x |
| 2021-12-31 | $3.92 | $14.95 | x |
| 2022-12-31 | $5.13 | $14.95 | x |
| 2023-12-31 | $10.62 | $14.95 | x |
| 2024-12-31 | $11.04 | $14.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Battalion Oil Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.44%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.37x
- Recent ROE (-17.55%) is above the historical average (-215.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $3.77 Million |
| 2003 | 0.00% | -10.02% | 0.44x | 0.00x | $-41.70K |
| 2004 | 21.85% | 33.80% | 0.52x | 1.23x | $3.30 Million |
| 2005 | 1.96% | 0.00% | 0.00x | 1.27x | $-2.23 Million |
| 2006 | 0.00% | 7.42% | 0.42x | 0.00x | $7.84 Million |
| 2007 | -1.27% | -1.53% | 0.14x | 5.88x | $-11.12 Million |
| 2008 | -277.69% | -75.58% | 0.46x | 7.96x | $-143.04 Million |
| 2009 | 0.00% | -67.05% | 0.28x | 0.00x | $-58.33 Million |
| 2010 | 58.00% | 2.17% | 0.42x | 63.60x | $2.00 Million |
| 2011 | -23.59% | -1.37% | 0.38x | 45.02x | $-2.00 Million |
| 2012 | -2.57% | -21.73% | 0.05x | 2.41x | $-263.21 Million |
| 2013 | -84.46% | -122.33% | 0.19x | 3.70x | $-1.37 Billion |
| 2014 | 17.83% | 27.52% | 0.18x | 3.63x | $138.74 Million |
| 2015 | -3668.14% | -349.39% | 0.16x | 65.99x | $-1.93 Billion |
| 2016 | -414.63% | -111.76% | 0.32x | 11.71x | $-478.50 Million |
| 2017 | 49.97% | 141.73% | 0.23x | 1.53x | $428.49 Million |
| 2018 | 3.84% | 20.28% | 0.11x | 1.74x | $-73.75 Million |
| 2019 | -331.96% | -467.83% | 0.38x | 1.85x | $-1.08 Billion |
| 2020 | -255.35% | -154.90% | 0.43x | 3.85x | $-238.70 Million |
| 2021 | -44.45% | -9.93% | 0.73x | 6.13x | $-34.69 Million |
| 2022 | 21.91% | 5.16% | 0.74x | 5.74x | $10.08 Million |
| 2023 | -1.75% | -1.38% | 0.45x | 2.78x | $-20.50 Million |
| 2024 | -17.55% | -16.44% | 0.45x | 2.37x | $-50.05 Million |
Industry Comparison
This section compares Battalion Oil Corp's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,645,633,110
- Average return on equity (ROE) among peers: 4.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Battalion Oil Corp (BATL) | $-20.25 Million | 0.00% | N/A | $41.80 Million |
| Advantage Energy Ltd. (AAVVF) | $1.09 Billion | 1.43% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $9.63 Million | -5.93% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $2.79 Billion | -19.61% | 0.78x | $10.30 Billion |
| Aminex PLC (AEXFF) | $20.47 Million | 6.02% | 0.33x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.43 Billion | 12.90% | 2.02x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $13.10 Million | -11.45% | 0.01x | $4.92K |
| Allied Resources Inc (ALOD) | $3.69 Million | 0.65% | 0.05x | $428.76K |
| Altex Industries Inc (ALTX) | $3.22 Million | -10.59% | 0.04x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $88.21 Million | 32.34% | 0.25x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $5.59 Million | 38.29% | 0.11x | $5.00 Million |