Comparing Battalion Oil (NYSE:BATL) and Obsidian Energy (OTCMKTS:OBELF)

Volatility and Risk

Obsidian Energy has a beta of 2.47, meaning that its share price is 147% more volatile than the S&P 500. Comparatively, Battalion Oil has a beta of 0.71, meaning that its share price is 29% less volatile than the S&P 500.

Insider and Institutional Ownership

0.0% of Obsidian Energy shares are held by institutional investors. Comparatively, 86.0% of Battalion Oil shares are held by institutional investors. 62.0% of Battalion Oil shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Obsidian Energy and Battalion Oil”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Obsidian Energy	$220.00 million	2.21	-$576.07 million	$4.17	1.44
Battalion Oil	$183.42 million	0.10	-$3.05 million	($3.35)	-0.34

Battalion Oil has lower revenue, but higher earnings than Obsidian Energy. Battalion Oil is trading at a lower price-to-earnings ratio than Obsidian Energy, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Obsidian Energy and Battalion Oil’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Obsidian Energy	99.13%	78.07%	35.32%
Battalion Oil	12.02%	-137.74%	-11.27%

Summary

Obsidian Energy beats Battalion Oil on 8 of the 11 factors compared between the two stocks.

About Obsidian Energy

Obsidian Energy Ltd. is an exploration and production company. The firm engages in exploring, developing, and holds interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. Its property portfolio includes Cardium, Viking, and Peace River. The company was founded on December 27, 1979 and is headquartered in Calgary, Canada.

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.