Chord Energy (NASDAQ:CHRD – Get Free Report) and Battalion Oil (NYSE:BATL – Get Free Report) are both energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, dividends, institutional ownership, profitability and analyst recommendations.
Institutional & Insider Ownership
97.8% of Chord Energy shares are owned by institutional investors. Comparatively, 86.0% of Battalion Oil shares are owned by institutional investors. 0.7% of Chord Energy shares are owned by insiders. Comparatively, 62.0% of Battalion Oil shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Earnings and Valuation
This table compares Chord Energy and Battalion Oil”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Chord Energy | $5.25 billion | 1.28 | $1.02 billion | $15.94 | 7.07 |
Battalion Oil | $191.48 million | 0.12 | -$3.05 million | ($0.80) | -1.68 |
Risk & Volatility
Chord Energy has a beta of 0.98, indicating that its share price is 2% less volatile than the S&P 500. Comparatively, Battalion Oil has a beta of 0.98, indicating that its share price is 2% less volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent ratings and target prices for Chord Energy and Battalion Oil, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Chord Energy | 2 | 2 | 8 | 1 | 2.62 |
Battalion Oil | 0 | 0 | 0 | 0 | 0.00 |
Chord Energy presently has a consensus price target of $161.46, indicating a potential upside of 43.36%. Given Chord Energy’s stronger consensus rating and higher probable upside, equities analysts plainly believe Chord Energy is more favorable than Battalion Oil.
Profitability
This table compares Chord Energy and Battalion Oil’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Chord Energy | 19.74% | 12.88% | 8.91% |
Battalion Oil | 12.02% | -137.74% | -11.27% |
Summary
Chord Energy beats Battalion Oil on 13 of the 14 factors compared between the two stocks.
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.
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.
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