Battalion OIL vs Pedevco
Battalion OIL is the larger business, with $166m of revenue in fiscal 2025 against $45.8m for Pedevco (3.6 times as much). Pedevco grew faster (15.7% against -14.4%). Battalion OIL kept more of each dollar of sales as profit: a net margin of 7.2% against -22.6%.
| Latest fiscal year | Battalion OILBATL, 2025 | PedevcoPED, 2025 |
|---|---|---|
| Revenue | $166m | $45.8m |
| Revenue growth | -14.4% | 15.7% |
| Net income | $11.9m | −$10.4m |
| Operating margin | -4.0% | — |
| Net margin | 7.2% | -22.6% |
| Return on equity | — | -6.4% |
| Free cash flow | $39.1m | $10.8m |
| Cash | $28.0m | $3.2m |
| Total debt | $208m | $0 |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 40 | — |
| Market value | $32.1m | $206m |
| Price vs our value range | — | Below our value range |
| Moat score | 43 (Weak) | 34 (Weak) |
| Insider trades, 12 months | 2 buys, 12 sales | 3 buys, 8 sales |