EONR vs. BATL

Last updated Jun 23, 2026

EONR (EON Resources Inc) and BATL (Battalion Oil Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 3 years, EONR returned -63.77%/yr vs -39.52%/yr for BATL. At a 0.15 correlation, their price movements are largely independent.

Performance

EONR vs. BATL - Performance Comparison

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

Returns By Period

In the year-to-date period, EONR achieves a 31.53% return, which is significantly higher than BATL's 10.62% return.

EONR

• 1D: -2.96%
• 1M: -19.94%
• YTD: 31.53%
• 6M: 23.22%
• 1Y: 3.10%
• 3Y*: -63.77%
• 5Y*: —
• 10Y*: —

BATL

• 1D: 4.17%
• 1M: -33.86%
• YTD: 10.62%
• 6M: 0.00%
• 1Y: -48.56%
• 3Y*: -39.52%
• 5Y*: -38.86%
• 10Y*: —

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

EONR vs. BATL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EONR EON Resources Inc	31.53%	-53.15%	-59.52%	-80.21%	1.99%
BATL Battalion Oil Corporation	10.62%	-34.30%	-82.10%	-1.03%	-50.51%

Correlation

The correlation between EONR and BATL is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Apr 6, 2022	0.15

Over the past year, EONR and BATL have become more correlated (0.44) than their long-term average of 0.15, meaning their price movements have been converging.

Fundamentals

Market Cap EONR : $27.77M BATL : $21.77M
EPS EONR : $0.07 BATL : -$3.03
PS Ratio EONR : 1.13 BATL : 0.13
PB Ratio EONR : 0.46 BATL : 0.14
Total Revenue (TTM) EONR : $17.31M BATL : $156.88M
Gross Profit (TTM) EONR : $13.81M BATL : $24.18M
EBITDA (TTM) EONR : $16.68M BATL : $44.32M

Return for Risk

EONR vs. BATL — Risk / Return Rank

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

EONR

EONR Risk / Return Rank: 48
EONR Sharpe Ratio Rank: 43
EONR Sortino Ratio Rank: 56
EONR Omega Ratio Rank: 52
EONR Calmar Ratio Rank: 43
EONR Martin Ratio Rank: 43

BATL

BATL Risk / Return Rank: 48
BATL Sharpe Ratio Rank: 36
BATL Sortino Ratio Rank: 79
BATL Omega Ratio Rank: 78
BATL Calmar Ratio Rank: 24
BATL Martin Ratio Rank: 25

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.

EONR vs. BATL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EON Resources Inc (EONR) and Battalion Oil Corporation (BATL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EONR	BATL	Difference
Sharpe ratio: Return per unit of total volatility	0.03	-0.15	+0.18
Sortino ratio: Return per unit of downside risk	1.03	2.18	-1.15
Omega ratio: Gain probability vs. loss probability	1.11	1.28	-0.17
Calmar ratio: Return relative to maximum drawdown	0.05	-0.51	+0.56
Martin ratio: Return relative to average drawdown	0.09	-0.85	+0.94

EONR vs. BATL - Sharpe Ratio Comparison

The current EONR Sharpe Ratio is 0.03, which is higher than the BATL Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of EONR and BATL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EONR vs. BATL - Drawdown Comparison

The maximum EONR drawdown since its inception was -97.73%, roughly equal to the maximum BATL drawdown of -95.66%. Use the drawdown chart below to compare losses from any high point for EONR and BATL.

Drawdown Indicators

	EONR	BATL	Difference
Max Drawdown Largest peak-to-trough decline	-97.73%	-95.66%	-2.07%
Max Drawdown (1Y) Largest decline over 1 year	-66.98%	-95.66%	+28.68%
Max Drawdown (3Y) Largest decline over 3 years	-97.73%	-95.66%	-2.07%
Max Drawdown (5Y) Largest decline over 5 years	—	-95.66%	—
Current Drawdown Current decline from peak	-95.83%	-95.48%	-0.35%
Average Drawdown Average peak-to-trough decline	-56.07%	-59.53%	+3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.71%	60.77%	-24.06%

Volatility

EONR vs. BATL - Volatility Comparison

The current volatility for EON Resources Inc (EONR) is 22.62%, while Battalion Oil Corporation (BATL) has a volatility of 66.98%. This indicates that EONR experiences smaller price fluctuations and is considered to be less risky than BATL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EONR	BATL	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.62%	66.98%	-44.36%
Volatility (6M) Calculated over the trailing 6-month period	97.28%	221.45%	-124.17%
Volatility (1Y) Calculated over the trailing 1-year period	123.42%	317.36%	-193.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	140.65%	175.83%	-35.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	140.65%	234.05%	-93.40%

Dividends

EONR vs. BATL - Dividend Comparison

Neither EONR nor BATL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both EONR and BATL in my portfolio?

EONR and BATL have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EONR or BATL?

BATL has higher volatility (66.98%) compared to EONR (22.62%). In terms of maximum drawdown, EONR dropped -97.73% vs BATL's -95.66%.

Which has better risk-adjusted returns?

EONR currently has the higher Sharpe Ratio (0.03 vs -0.15), 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.