Is BATL (BATL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 45.1% / 30% | 5.4% / 30% | 7.1% / 30% | 12.22% / 5% | ✗ NOT HALAL |
| DJIM | 45.1% / 33% | 5.4% / 33% | 7.1% / 33% | 12.22% / 5% | ✗ NOT HALAL |
| MSCI | 38.5% / 33% | 4.6% / 33% | 6.1% / 33% | 12.22% / 5% | ✗ NOT HALAL |
| S&P | 45.1% / 33% | 5.4% / 33% | 7.1% / 33% | 12.22% / 5% | ✗ NOT HALAL |
| FTSE | 38.5% / 33% | 4.6% / 33% | 6.1% / 50% | 12.22% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 42.8% | |
| Operating Margin | 29.8% | |
| Net Margin | 7.2% | |
| Return on Equity (ROE) | 6.3% | |
| Return on Assets (ROA) | 5.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $35M |
| Free Cash Flow | -$29M |
| Total Debt | $166M |
| Debt-to-Equity | 105.6 |
| Current Ratio | 0.9 |
| Total Assets | $431M |
Price & Trading
| Last Close | $5.56 |
| 50-Day MA | $7.84 |
| 200-Day MA | $2.90 |
| Avg Volume | 14.1M |
| Beta | 0.6 |
|
52-Week Range
$1.00
| |
About BATL (BATL)
Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. It holds interests in the Delaware Basin located in Pecos, Reeves, Ward, and Winkler counties in Texas. The company sells crude oil, natural gas, and natural gas liquids primarily to independent marketers, oil and natural gas companies, and gas pipeline companies. Battalion Oil Corporation was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020. The company was founded in 1987 and is headquartered in Houston, Texas.
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Frequently Asked Questions
Is BATL (BATL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BATL is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BATL's debt ratio?
BATL's debt ratio is 45.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 38.5%.
What are BATL's key financial metrics?
BATL has a market capitalization of $118M, and revenue of $194M. The company maintains a gross margin of 42.8% and a net margin of 7.2%. Return on equity stands at 6.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.