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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and Carter Bankshares, Inc. (CARE). Click either name above to swap in a different company.

Carter Bankshares, Inc. is the larger business by last-quarter revenue ($39.8M vs $31.6M, roughly 1.3× BATTALION OIL CORP). On growth, Carter Bankshares, Inc. posted the faster year-over-year revenue change (15.4% vs -36.1%). Over the past eight quarters, Carter Bankshares, Inc.'s revenue compounded faster (9.1% CAGR vs -20.1%).

Battalion Oil Corp is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It primarily operates assets in the Eagle Ford Shale region of South Texas, serving commercial and industrial clients across North American energy markets.

Carter Bankshares, Inc. is a U.S. regional bank holding company operating Carter Bank & Trust, a community-focused financial institution. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, and wealth management services, primarily serving consumers and small business clients across Virginia and North Carolina.

BATL vs CARE — Head-to-Head

Bigger by revenue
CARE
CARE
1.3× larger
CARE
$39.8M
$31.6M
BATL
Growing faster (revenue YoY)
CARE
CARE
+51.5% gap
CARE
15.4%
-36.1%
BATL
Faster 2-yr revenue CAGR
CARE
CARE
Annualised
CARE
9.1%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATL
BATL
CARE
CARE
Revenue
$31.6M
$39.8M
Net Profit
$1.8M
Gross Margin
Operating Margin
-33.8%
27.8%
Net Margin
5.7%
Revenue YoY
-36.1%
15.4%
Net Profit YoY
108.1%
EPS (diluted)
$-0.77
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BATL
BATL
CARE
CARE
Q4 25
$31.6M
$39.8M
Q3 25
$43.4M
$39.1M
Q2 25
$42.6M
$37.3M
Q1 25
$47.4M
$37.0M
Q4 24
$49.5M
$34.5M
Q3 24
$45.1M
$34.2M
Q2 24
$49.1M
$33.6M
Q1 24
$49.5M
$33.5M
Net Profit
BATL
BATL
CARE
CARE
Q4 25
$1.8M
Q3 25
$-735.0K
$5.4M
Q2 25
$4.8M
$8.5M
Q1 25
$6.0M
$9.0M
Q4 24
$-22.2M
Q3 24
$21.6M
$5.6M
Q2 24
$-105.0K
$4.8M
Q1 24
$-31.2M
$5.8M
Operating Margin
BATL
BATL
CARE
CARE
Q4 25
-33.8%
27.8%
Q3 25
1.9%
18.3%
Q2 25
-0.4%
28.5%
Q1 25
7.2%
30.1%
Q4 24
-36.2%
31.0%
Q3 24
2.3%
20.5%
Q2 24
10.4%
17.6%
Q1 24
0.0%
21.6%
Net Margin
BATL
BATL
CARE
CARE
Q4 25
5.7%
Q3 25
-1.7%
13.9%
Q2 25
11.3%
22.8%
Q1 25
12.7%
24.2%
Q4 24
-44.9%
Q3 24
48.0%
16.4%
Q2 24
-0.2%
14.3%
Q1 24
-63.0%
17.4%
EPS (diluted)
BATL
BATL
CARE
CARE
Q4 25
$-0.77
$0.38
Q3 25
$-0.91
$0.24
Q2 25
$-0.21
$0.37
Q1 25
$-0.35
$0.39
Q4 24
$-1.47
$0.36
Q3 24
$0.34
$0.24
Q2 24
$-0.53
$0.21
Q1 24
$-2.24
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BATL
BATL
CARE
CARE
Cash + ST InvestmentsLiquidity on hand
$28.0M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$419.7M
Total Assets
$460.7M
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
CARE
CARE
Q4 25
$28.0M
Q3 25
$50.5M
Q2 25
$44.6M
Q1 25
$73.6M
Q4 24
$19.7M
Q3 24
$29.8M
Q2 24
$54.4M
Q1 24
$48.9M
Total Debt
BATL
BATL
CARE
CARE
Q4 25
$208.1M
Q3 25
$213.8M
Q2 25
$219.4M
Q1 25
$225.1M
Q4 24
$162.1M
Q3 24
$147.8M
Q2 24
$160.4M
Q1 24
$190.2M
Stockholders' Equity
BATL
BATL
CARE
CARE
Q4 25
$-32.8M
$419.7M
Q3 25
$-20.3M
$412.8M
Q2 25
$-5.2M
$405.6M
Q1 25
$-1.8M
$401.8M
Q4 24
$4.1M
$384.3M
Q3 24
$35.0M
$386.8M
Q2 24
$22.7M
$364.4M
Q1 24
$31.3M
$359.1M
Total Assets
BATL
BATL
CARE
CARE
Q4 25
$460.7M
$4.9B
Q3 25
$491.7M
$4.8B
Q2 25
$498.8M
$4.8B
Q1 25
$506.2M
$4.7B
Q4 24
$431.0M
$4.7B
Q3 24
$458.0M
$4.6B
Q2 24
$487.3M
$4.5B
Q1 24
$488.6M
$4.6B
Debt / Equity
BATL
BATL
CARE
CARE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.35×
Q3 24
4.23×
Q2 24
7.07×
Q1 24
6.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BATL
BATL
CARE
CARE
Operating Cash FlowLast quarter
$-11.8M
$39.9M
Free Cash FlowOCF − Capex
$31.8M
FCF MarginFCF / Revenue
79.9%
Capex IntensityCapex / Revenue
20.2%
Cash ConversionOCF / Net Profit
-6.58×
TTM Free Cash FlowTrailing 4 quarters
$54.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
CARE
CARE
Q4 25
$-11.8M
$39.9M
Q3 25
$28.0M
$11.8M
Q2 25
$10.2M
$9.6M
Q1 25
$12.7M
$6.4M
Q4 24
$6.7M
$36.9M
Q3 24
$-5.1M
$10.3M
Q2 24
$29.8M
$-2.5M
Q1 24
$3.9M
$17.6M
Free Cash Flow
BATL
BATL
CARE
CARE
Q4 25
$31.8M
Q3 25
$10.3M
Q2 25
$7.7M
Q1 25
$4.9M
Q4 24
$28.8M
Q3 24
$8.4M
Q2 24
$-4.3M
Q1 24
$16.3M
FCF Margin
BATL
BATL
CARE
CARE
Q4 25
79.9%
Q3 25
26.3%
Q2 25
20.6%
Q1 25
13.1%
Q4 24
83.5%
Q3 24
24.6%
Q2 24
-12.7%
Q1 24
48.8%
Capex Intensity
BATL
BATL
CARE
CARE
Q4 25
20.2%
Q3 25
3.9%
Q2 25
5.1%
Q1 25
4.1%
Q4 24
23.6%
Q3 24
5.5%
Q2 24
5.4%
Q1 24
3.9%
Cash Conversion
BATL
BATL
CARE
CARE
Q4 25
-6.58×
Q3 25
2.18×
Q2 25
2.13×
1.13×
Q1 25
2.11×
0.71×
Q4 24
Q3 24
-0.23×
1.83×
Q2 24
-0.51×
Q1 24
3.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BATL
BATL

Oil$28.6M91%
Natural Gas Liquids Reserves$3.9M12%

CARE
CARE

Segment breakdown not available.

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