BATL vs. KOS

Last updated Jun 4, 2026

BATL (Battalion Oil Corporation) and KOS (Kosmos Energy Ltd.) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 5 years, BATL returned -34.23%/yr vs -2.42%/yr for KOS. At a 0.29 correlation, their price movements are largely independent.

Performance

BATL vs. KOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Battalion Oil Corporation (BATL) and Kosmos Energy Ltd. (KOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BATL achieves a 36.28% return, which is significantly lower than KOS's 229.51% return.

BATL

• 1D: 3.36%
• 1M: -58.04%
• YTD: 36.28%
• 6M: 32.76%
• 1Y: 14.93%
• 3Y*: -39.37%
• 5Y*: -34.23%
• 10Y*: —

KOS

• 1D: 0.67%
• 1M: -8.56%
• YTD: 229.51%
• 6M: 174.31%
• 1Y: 64.29%
• 3Y*: -23.16%
• 5Y*: -2.42%
• 10Y*: -5.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BATL vs. KOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BATL Battalion Oil Corporation	36.28%	-34.30%	-82.10%	-1.03%	-0.92%	18.07%	-38.29%	31.22%
KOS Kosmos Energy Ltd.	229.51%	-73.47%	-49.03%	5.50%	83.82%	47.23%	-58.06%	2.70%

Correlation

The correlation between BATL and KOS is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Dec 26, 2019	0.29

Fundamentals

Market Cap BATL : $26.82M KOS : $1.51B
EPS BATL : -$3.03 KOS : -$1.68
PS Ratio BATL : 0.16 KOS : 1.06
PB Ratio BATL : 0.17 KOS : 2.94
Total Revenue (TTM) BATL : $156.88M KOS : $1.37B
Gross Profit (TTM) BATL : $24.18M KOS : $10.14M
EBITDA (TTM) BATL : $44.32M KOS : $95.79M

Return for Risk

BATL vs. KOS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BATL

BATL Risk / Return Rank: 61
BATL Sharpe Ratio Rank: 42
BATL Sortino Ratio Rank: 88
BATL Omega Ratio Rank: 87
BATL Calmar Ratio Rank: 44
BATL Martin Ratio Rank: 43

KOS

KOS Risk / Return Rank: 63
KOS Sharpe Ratio Rank: 65
KOS Sortino Ratio Rank: 67
KOS Omega Ratio Rank: 62
KOS Calmar Ratio Rank: 61
KOS Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BATL vs. KOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Battalion Oil Corporation (BATL) and Kosmos Energy Ltd. (KOS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BATL	KOS	Difference
Sharpe ratio Return per unit of total volatility	0.05	0.75	-0.70
Sortino ratio Return per unit of downside risk	3.02	1.61	+1.41
Omega ratio Gain probability vs. loss probability	1.39	1.18	+0.21
Calmar ratio Return relative to maximum drawdown	0.16	1.02	-0.86
Martin ratio Return relative to average drawdown	0.25	2.07	-1.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BATL vs. KOS - Sharpe Ratio Comparison

The current BATL Sharpe Ratio is 0.05, which is lower than the KOS Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of BATL and KOS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BATL	KOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.05	0.75	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	-0.03	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	-0.16	+0.01

Drawdowns

BATL vs. KOS - Drawdown Comparison

The maximum BATL drawdown since its inception was -95.23%, roughly equal to the maximum KOS drawdown of -97.11%. Use the drawdown chart below to compare losses from any high point for BATL and KOS.

Drawdown Indicators

	BATL	KOS	Difference
Max Drawdown Largest peak-to-trough decline	-95.23%	-97.11%	+1.88%
Max Drawdown (1Y) Largest decline over 1 year	-94.76%	-63.57%	-31.19%
Max Drawdown (3Y) Largest decline over 3 years	-94.76%	-89.39%	-5.37%
Max Drawdown (5Y) Largest decline over 5 years	-95.23%	-89.82%	-5.41%
Max Drawdown (10Y) Largest decline over 10 years	—	-94.28%	—
Current Drawdown Current decline from peak	-94.44%	-83.72%	-10.72%
Average Drawdown Average peak-to-trough decline	-59.30%	-64.54%	+5.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	60.88%	31.20%	+29.68%

Volatility

BATL vs. KOS - Volatility Comparison

Battalion Oil Corporation (BATL) has a higher volatility of 35.26% compared to Kosmos Energy Ltd. (KOS) at 21.81%. This indicates that BATL's price experiences larger fluctuations and is considered to be riskier than KOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATL	KOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.26%	21.81%	+13.45%
Volatility (6M) Calculated over the trailing 6-month period	213.17%	71.09%	+142.08%
Volatility (1Y) Calculated over the trailing 1-year period	317.03%	86.28%	+230.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	173.26%	70.20%	+103.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	167.44%	76.92%	+90.52%

Dividends

BATL vs. KOS - Dividend Comparison

Neither BATL nor KOS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BATL Battalion Oil Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KOS Kosmos Energy Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.92%	3.17%

Financials

Frequently Asked Questions

Can I hold both BATL and KOS in my portfolio?

BATL and KOS have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BATL or KOS?

BATL has higher volatility (35.26%) compared to KOS (21.81%). In terms of maximum drawdown, BATL dropped -95.23% vs KOS's -97.11%.

Which has better risk-adjusted returns?

KOS currently has the higher Sharpe Ratio (0.75 vs 0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.