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BATTALION OIL CORP（BATL）与BKV Corp（BKV）财务数据对比。点击上方公司名可切换其他公司
BKV Corp的季度营收约是BATTALION OIL CORP的8.1倍（$255.9M vs $31.6M）。BKV Corp净利率更高（27.5% vs 5.7%，领先21.8%）
巴塔利昂石油公司是一家独立能源企业，核心业务为原油、天然气及天然气凝析液的勘探、开发与生产，主要运营资产位于美国得克萨斯州南部的伊格尔福特页岩区，服务北美能源市场的商业及工业客户。
BKV Corp是一家北美独立能源企业，专注于天然气的可持续勘探、生产与配送，核心运营资产位于阿巴拉契亚盆地，服务区域内公用事业、工业及商业客户，同时投资碳捕获等低碳技术以降低运营排放。
BATL vs BKV — 直观对比
营收规模更大
BKV
是对方的8.1倍
$31.6M
净利率更高
BKV
高出21.8%
5.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $31.6M | $255.9M |
| 净利润 | $1.8M | $70.4M |
| 毛利率 | — | — |
| 营业利润率 | -33.8% | 39.3% |
| 净利率 | 5.7% | 27.5% |
| 营收同比 | -36.1% | — |
| 净利润同比 | 108.1% | — |
| 每股收益（稀释后） | $-0.77 | $0.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BATLBKV
| Q4 25 | $31.6M | $255.9M | ||
| Q3 25 | $43.4M | $199.8M | ||
| Q2 25 | $42.6M | $207.1M | ||
| Q1 25 | $47.4M | $231.0M | ||
| Q4 24 | $49.5M | — | ||
| Q3 24 | $45.1M | $133.5M | ||
| Q2 24 | $49.1M | — | ||
| Q1 24 | $49.5M | — |
净利润BATLBKV
| Q4 25 | $1.8M | $70.4M | ||
| Q3 25 | $-735.0K | $76.8M | ||
| Q2 25 | $4.8M | $104.6M | ||
| Q1 25 | $6.0M | $-78.7M | ||
| Q4 24 | $-22.2M | — | ||
| Q3 24 | $21.6M | $12.9M | ||
| Q2 24 | $-105.0K | — | ||
| Q1 24 | $-31.2M | — |
营业利润率BATLBKV
| Q4 25 | -33.8% | 39.3% | ||
| Q3 25 | 1.9% | 41.2% | ||
| Q2 25 | -0.4% | 62.0% | ||
| Q1 25 | 7.2% | -40.6% | ||
| Q4 24 | -36.2% | — | ||
| Q3 24 | 2.3% | -15.7% | ||
| Q2 24 | 10.4% | — | ||
| Q1 24 | 0.0% | — |
净利率BATLBKV
| Q4 25 | 5.7% | 27.5% | ||
| Q3 25 | -1.7% | 38.5% | ||
| Q2 25 | 11.3% | 50.5% | ||
| Q1 25 | 12.7% | -34.1% | ||
| Q4 24 | -44.9% | — | ||
| Q3 24 | 48.0% | 9.6% | ||
| Q2 24 | -0.2% | — | ||
| Q1 24 | -63.0% | — |
每股收益（稀释后）BATLBKV
| Q4 25 | $-0.77 | $0.78 | ||
| Q3 25 | $-0.91 | $0.90 | ||
| Q2 25 | $-0.21 | $1.23 | ||
| Q1 25 | $-0.35 | $-0.93 | ||
| Q4 24 | $-1.47 | — | ||
| Q3 24 | $0.34 | $0.18 | ||
| Q2 24 | $-0.53 | — | ||
| Q1 24 | $-2.24 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $28.0M | $199.4M |
| 总债务越低越好 | $208.1M | $486.8M |
| 股东权益账面价值 | $-32.8M | $2.0B |
| 总资产 | $460.7M | $3.1B |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资BATLBKV
| Q4 25 | $28.0M | $199.4M | ||
| Q3 25 | $50.5M | $83.1M | ||
| Q2 25 | $44.6M | $21.4M | ||
| Q1 25 | $73.6M | $15.3M | ||
| Q4 24 | $19.7M | — | ||
| Q3 24 | $29.8M | $31.3M | ||
| Q2 24 | $54.4M | — | ||
| Q1 24 | $48.9M | — |
总债务BATLBKV
| Q4 25 | $208.1M | $486.8M | ||
| Q3 25 | $213.8M | $486.6M | ||
| Q2 25 | $219.4M | $200.0M | ||
| Q1 25 | $225.1M | $200.0M | ||
| Q4 24 | $162.1M | — | ||
| Q3 24 | $147.8M | $190.0M | ||
| Q2 24 | $160.4M | — | ||
| Q1 24 | $190.2M | — |
股东权益BATLBKV
| Q4 25 | $-32.8M | $2.0B | ||
| Q3 25 | $-20.3M | $1.8B | ||
| Q2 25 | $-5.2M | $1.6B | ||
| Q1 25 | $-1.8M | $1.5B | ||
| Q4 24 | $4.1M | — | ||
| Q3 24 | $35.0M | $1.6B | ||
| Q2 24 | $22.7M | — | ||
| Q1 24 | $31.3M | — |
总资产BATLBKV
| Q4 25 | $460.7M | $3.1B | ||
| Q3 25 | $491.7M | $2.9B | ||
| Q2 25 | $498.8M | $2.3B | ||
| Q1 25 | $506.2M | $2.3B | ||
| Q4 24 | $431.0M | — | ||
| Q3 24 | $458.0M | $2.3B | ||
| Q2 24 | $487.3M | — | ||
| Q1 24 | $488.6M | — |
负债/权益比BATLBKV
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | 39.35× | — | ||
| Q3 24 | 4.23× | 0.12× | ||
| Q2 24 | 7.07× | — | ||
| Q1 24 | 6.07× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-11.8M | $69.4M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | -6.58× | 0.99× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BATLBKV
| Q4 25 | $-11.8M | $69.4M | ||
| Q3 25 | $28.0M | $74.5M | ||
| Q2 25 | $10.2M | $76.2M | ||
| Q1 25 | $12.7M | $22.6M | ||
| Q4 24 | $6.7M | — | ||
| Q3 24 | $-5.1M | — | ||
| Q2 24 | $29.8M | — | ||
| Q1 24 | $3.9M | — |
自由现金流BATLBKV
| Q4 25 | — | — | ||
| Q3 25 | — | $-126.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率BATLBKV
| Q4 25 | — | — | ||
| Q3 25 | — | -63.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度BATLBKV
| Q4 25 | — | — | ||
| Q3 25 | — | 100.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率BATLBKV
| Q4 25 | -6.58× | 0.99× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | 2.13× | 0.73× | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.23× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BATL
| Oil | $28.6M | 91% |
| Natural Gas Liquids Reserves | $3.9M | 12% |
BKV
| Natural Gas NGL And Oil | $249.3M | 97% |
| Related Party And Other | $4.7M | 2% |
| Marketing | $2.8M | 1% |
