Battalion Oil Corporation (BATL) vs PERMIANVILLE ROYALTY TRUST (PVL)

Battalion Oil Corporation and PERMIANVILLE ROYALTY TRUST are both Oil & Gas E&P companies. Battalion Oil Corporation and PERMIANVILLE ROYALTY TRUST are of similar size ($59.0M and $58.7M). Battalion Oil Corporation has negative trailing earnings, so its P/E is not meaningful; PERMIANVILLE ROYALTY TRUST trades at 7.3×. PERMIANVILLE ROYALTY TRUST grew revenue faster over the last twelve months: −4.59% against −12.0%. PERMIANVILLE ROYALTY TRUST has the higher net margin (17.0% vs −51.1%) and the higher return on invested capital (20.4% vs −1.20%). Across the 19 metrics below, PERMIANVILLE ROYALTY TRUST leads on 10 and Battalion Oil Corporation on 9.

Valuation

Metric BATL PVL Oil & Gas E&P median
P/E n/m 7.35 11.01
P/S 0.17 1.16 1.98
P/B n/m n/m 1.30
Price to free cash flow 0.48 n/m 10.68
EV/EBITDA 2.13 5.18 5.09
EV/Sales 0.60 1.09 2.63
Earnings yield (480.95%) 13.61% 5.78%
Free cash flow yield 208.30% 0.00% 4.91%

Profitability

Metric BATL PVL Oil & Gas E&P median
Gross margin 37.73% 54.71% 80.41%
Operating margin (3.21%) 21.04% 21.39%
Net margin (51.08%) 17.01% 14.17%
Free cash flow margin 35.45% 0.00% 8.18%
Return on equity 715.46% 0.00% 10.05%
Return on assets (17.89%) 22.28% 5.81%
Return on invested capital (1.20%) 20.40% 6.32%

Growth

Metric BATL PVL Oil & Gas E&P median
Revenue growth (TTM) (11.96%) (4.59%) 9.94%
EPS growth (last fiscal year) 42.56% 22.22% (10.50%)
Revenue growth, 5-year CAGR 2.29% 15.03% 18.67%
Net income growth, 5-year CAGR 0.00% (6.89%) 0.00%

Health

Metric BATL PVL Oil & Gas E&P median
Debt to equity 0.78 0.00 0.28
Current ratio 2.19 0.00 0.96
Net debt to EBITDA 3.73 (0.56) 0.89

Dividend

Metric BATL PVL Oil & Gas E&P median
Dividend yield — 11.79% 3.29%
Payout ratio — 0.87 0.35

Size

Metric BATL PVL Oil & Gas E&P median
Market cap 59.00m 58.74m 1.04b

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