Filing Flows › Comparisons › BATL vs PED
Battalion Oil vs Pedevco: BATL and PED compared
Battalion Oil is the larger company: $48.1M of revenue in its latest quarter (Q2 2026) against $46.1M for Pedevco (Q2 2026). Pedevco is growing faster (+561% against +12% a year earlier). Pedevco is more profitable, with an operating margin of 33.3% against 14.1%.
Where the money goes: BATL and PED
Battalion Oil (BATL) · Q2 2026
Battalion Oil, Q2 2026: revenue $48.1M (+12% year over year), operating margin 14.1%, net earnings $15.5M, operating cash flow $8.8M. The chart follows the revenue to costs, profit and cash.
Pedevco (PED) · Q2 2026
Pedevco, Q2 2026: revenue $46.1M (+561% year over year), operating margin 33.3%, net earnings $17.5M, operating cash flow $15.3M. The chart follows the revenue to costs, profit and cash.
| Battalion Oil (BATL) | Pedevco (PED) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $48.1M | $46.1M |
| Revenue growth, Y/Y | +12% | +561% |
| Operating margin | 14.1% | 33.3% |
| Net earnings | $15.5M | $17.5M |
| Net margin | 32.2% | 37.9% |
| Operating cash flow | $8.8M | $15.3M |
| Free cash flow | $4.6M | $11.8M |
Where the revenue comes from
Pedevco
- Oil Sales: $42.4M (92%)
- Natural Gas Liquids Sales: $2.7M (6%)
- Natural Gas Sales: $1.1M (2%)
Questions
Which is bigger, Battalion Oil or Pedevco?
Battalion Oil is the larger company: $48.1M of revenue in its latest quarter (Q2 2026) against $46.1M for Pedevco (Q2 2026).
Is Battalion Oil or Pedevco growing faster?
Pedevco is growing faster (+561% against +12% a year earlier).
Which is more profitable, Battalion Oil or Pedevco?
Pedevco is more profitable, with an operating margin of 33.3% against 14.1%.
More: Battalion Oil earnings · how Battalion Oil makes money · Pedevco earnings · how Pedevco makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 12, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.