Battalion Oil (NYSE:BATL – Get Free Report) and Chord Energy (NASDAQ:CHRD – Get Free Report) are both energy companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, risk, dividends, profitability, earnings, valuation and institutional ownership.
Profitability
This table compares Battalion Oil and Chord Energy’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Battalion Oil | 12.02% | -137.74% | -11.27% |
Chord Energy | 19.74% | 12.88% | 8.91% |
Valuation & Earnings
This table compares Battalion Oil and Chord Energy”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Battalion Oil | $191.48 million | 0.11 | -$3.05 million | ($0.80) | -1.61 |
Chord Energy | $5.25 billion | 1.27 | $1.02 billion | $15.94 | 7.01 |
Risk & Volatility
Battalion Oil has a beta of 0.98, meaning that its share price is 2% less volatile than the S&P 500. Comparatively, Chord Energy has a beta of 0.98, meaning that its share price is 2% less volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent ratings for Battalion Oil and Chord Energy, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Battalion Oil | 0 | 0 | 0 | 0 | 0.00 |
Chord Energy | 2 | 2 | 8 | 1 | 2.62 |
Chord Energy has a consensus target price of $162.46, suggesting a potential upside of 45.41%. Given Chord Energy’s stronger consensus rating and higher probable upside, analysts plainly believe Chord Energy is more favorable than Battalion Oil.
Insider & Institutional Ownership
86.0% of Battalion Oil shares are held by institutional investors. Comparatively, 97.8% of Chord Energy shares are held by institutional investors. 62.0% of Battalion Oil shares are held by company insiders. Comparatively, 0.7% of Chord Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summary
Chord Energy beats Battalion Oil on 13 of the 14 factors compared between the two stocks.
About Battalion Oil
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 the counties of Pecos, Ward, Reeves, and Winkler, Texas. It serves independent marketers, and oil and natural gas and gas pipeline companies. The company was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020. Battalion Oil Corporation was founded in 1987 and is headquartered in Houston, Texas.
About Chord Energy
Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.
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