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Stock Comparison

TBN vs VTLE vs CIVI vs BATL vs HAL

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
TBN
Tamboran Resources Corp

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$750M
5Y Perf.+58.4%
VTLE
Vital Energy, Inc.

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$693M
5Y Perf.-60.0%
CIVI
Civitas Resources, Inc.

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$2.34B
5Y Perf.-60.7%
BATL
Battalion Oil Corporation

Oil & Gas Exploration & Production

EnergyAMEX • US
Market Cap$47M
5Y Perf.-13.5%
HAL
Halliburton Company

Oil & Gas Equipment & Services

EnergyNYSE • US
Market Cap$32.68B
5Y Perf.+17.9%

TBN vs VTLE vs CIVI vs BATL vs HAL — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
TBN logoTBN
VTLE logoVTLE
CIVI logoCIVI
BATL logoBATL
HAL logoHAL
IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & ProductionOil & Gas Exploration & ProductionOil & Gas Exploration & ProductionOil & Gas Equipment & Services
Market Cap$750M$693M$2.34B$47M$32.68B
Revenue (TTM)$54K$1.90B$4.71B$165M$22.17B
Net Income (TTM)$-32M$-1.31B$638M$12M$1.54B
Gross Margin-10.5%44.2%43.9%72.8%15.3%
Operating Margin-617.2%-58.3%31.1%-4.0%11.3%
Forward P/E4.0x6.8x12.4x16.8x
Total Debt$26M$2.55B$4.49B$23M$8.13B
Cash & Equiv.$39M$40M$76M$28M$2.21B

TBN vs VTLE vs CIVI vs BATL vs HALLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

TBN
VTLE
CIVI
BATL
HAL
StockJun 24May 26Return
Tamboran Resources … (TBN)100158.4+58.4%
Vital Energy, Inc. (VTLE)10040.0-60.0%
Civitas Resources, … (CIVI)10039.3-60.7%
Battalion Oil Corpo… (BATL)10086.5-13.5%
Halliburton Company (HAL)100117.9+17.9%

Price return only. Dividends and distributions are not included.

Quick Verdict: TBN vs VTLE vs CIVI vs BATL vs HAL

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: CIVI and BATL are tied at the top with 2 categories each (5-stock set) — the right choice depends on your priorities. Battalion Oil Corporation is the stronger pick specifically for dividend income and shareholder returns and recent price momentum and sentiment. TBN, VTLE, and HAL also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
TBN
Tamboran Resources Corp
The Long-Run Compounder

TBN ranks third and is worth considering specifically for long-term compounding and sleep-well-at-night.

  • 63.2% 10Y total return vs HAL's 16.2%
  • Lower volatility, beta 0.11, Low D/E 6.8%, current ratio 1.55x
  • Beta 0.11 vs VTLE's 1.32, lower leverage
Best for: long-term compounding and sleep-well-at-night
VTLE
Vital Energy, Inc.
The Value Play

VTLE is the clearest fit if your priority is value.

  • Lower P/E (4.0x vs 16.8x)
Best for: value
CIVI
Civitas Resources, Inc.
The Growth Play

CIVI has the current edge in this matchup, primarily because of its strength in growth exposure.

  • Rev growth 49.8%, EPS growth -6.2%, 3Y rev CAGR 77.5%
  • 49.8% revenue growth vs BATL's -14.9%
  • 13.6% margin vs TBN's -585.8%
Best for: growth exposure
BATL
Battalion Oil Corporation
The Income Pick

BATL is the #2 pick in this set and the best alternative if income & stability is your priority.

  • Dividend streak 4 yrs, beta -1.71, yield 100.0%
  • 100.0% yield, 4-year raise streak, vs HAL's 1.8%, (2 stocks pay no dividend)
  • +128.8% vs CIVI's +6.8%
Best for: income & stability
HAL
Halliburton Company
The Defensive Pick

HAL is the clearest fit if your priority is defensive.

  • Beta 0.57, yield 1.8%, current ratio 2.04x
  • 6.1% ROA vs VTLE's -27.9%, ROIC 10.2% vs -0.3%
Best for: defensive
See the full category breakdown
CategoryWinnerWhy
GrowthCIVI logoCIVI49.8% revenue growth vs BATL's -14.9%
ValueVTLE logoVTLELower P/E (4.0x vs 16.8x)
Quality / MarginsCIVI logoCIVI13.6% margin vs TBN's -585.8%
Stability / SafetyTBN logoTBNBeta 0.11 vs VTLE's 1.32, lower leverage
DividendsBATL logoBATL100.0% yield, 4-year raise streak, vs HAL's 1.8%, (2 stocks pay no dividend)
Momentum (1Y)BATL logoBATL+128.8% vs CIVI's +6.8%
Efficiency (ROA)HAL logoHAL6.1% ROA vs VTLE's -27.9%, ROIC 10.2% vs -0.3%

TBN vs VTLE vs CIVI vs BATL vs HAL — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

TBNTamboran Resources Corp

Segment breakdown not available.

VTLEVital Energy, Inc.
FY 2024
Oil Sales
88.6%$1.7B
NGL Sales
9.8%$191M
Natural Gas Sales
0.8%$16M
Oil and Gas, Purchased
0.7%$13M
Other Operating Revenue
0.2%$4M
CIVICivitas Resources, Inc.
FY 2024
Crude Oil
96.3%$4.4B
Natural Gas
3.7%$168M
BATLBattalion Oil Corporation
FY 2025
Oil
86.7%$143M
Natural gas liquids
11.1%$18M
Natural gas
2.2%$4M
HALHalliburton Company
FY 2025
Completion And Production
57.6%$12.8B
Drilling And Evaluation
42.4%$9.4B

TBN vs VTLE vs CIVI vs BATL vs HAL — Financial Metrics

Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLTBNLAGGINGCIVI

Income & Cash Flow (Last 12 Months)

Evenly matched — CIVI and HAL each lead in 2 of 6 comparable metrics.

HAL is the larger business by revenue, generating $22.2B annually — 410537.0x TBN's $54,000. CIVI is the more profitable business, keeping 13.6% of every revenue dollar as net income compared to TBN's -585.8%. On growth, HAL holds the edge at -0.3% YoY revenue growth, suggesting stronger near-term business momentum.

MetricTBN logoTBNTamboran Resource…VTLE logoVTLEVital Energy, Inc.CIVI logoCIVICivitas Resources…BATL logoBATLBattalion Oil Cor…HAL logoHALHalliburton Compa…
RevenueTrailing 12 months$54,000$1.9B$4.7B$165M$22.2B
EBITDAEarnings before interest/tax-$33M-$334M$3.4B$74M$3.4B
Net IncomeAfter-tax profit-$32M-$1.3B$638M$12M$1.5B
Free Cash FlowCash after capex-$96M$656M$934M$39M$1.7B
Gross MarginGross profit ÷ Revenue-10.5%+44.2%+43.9%+72.8%+15.3%
Operating MarginEBIT ÷ Revenue-617.2%-58.3%+31.1%-4.0%+11.3%
Net MarginNet income ÷ Revenue-585.8%-69.3%+13.6%+7.2%+6.9%
FCF MarginFCF ÷ Revenue-1786.7%+34.6%+19.8%+23.7%+7.6%
Rev. Growth (YoY)Latest quarter vs prior year-8.4%-8.1%-37.0%-0.3%
EPS Growth (YoY)Latest quarter vs prior year-2.6%-33.9%+59.0%+129.2%
Evenly matched — CIVI and HAL each lead in 2 of 6 comparable metrics.

Valuation Metrics

VTLE leads this category, winning 3 of 6 comparable metrics.

At 3.2x trailing earnings, CIVI trades at a 88% valuation discount to HAL's 26.1x P/E. On an enterprise value basis, CIVI's 1.9x EV/EBITDA is more attractive than HAL's 11.4x.

MetricTBN logoTBNTamboran Resource…VTLE logoVTLEVital Energy, Inc.CIVI logoCIVICivitas Resources…BATL logoBATLBattalion Oil Cor…HAL logoHALHalliburton Compa…
Market CapShares × price$750M$693M$2.3B$47M$32.7B
Enterprise ValueMkt cap + debt − cash$737M$3.2B$6.8B$42M$38.6B
Trailing P/EPrice ÷ TTM EPS-0.01x-3.78x3.24x-1.28x26.09x
Forward P/EPrice ÷ next-FY EPS est.3.98x6.75x12.43x16.85x
PEG RatioP/E ÷ EPS growth rate0.15x
EV / EBITDAEnterprise value multiple4.46x1.89x11.37x
Price / SalesMarket cap ÷ Revenue0.36x0.45x0.29x1.47x
Price / BookPrice ÷ Book value/share1.34x0.24x0.41x3.13x
Price / FCFMarket cap ÷ FCF2.61x1.20x19.55x
VTLE leads this category, winning 3 of 6 comparable metrics.

Profitability & Efficiency

HAL leads this category, winning 3 of 9 comparable metrics.

HAL delivers a 14.6% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $-75 for VTLE. TBN carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to VTLE's 0.95x. On the Piotroski fundamental quality scale (0–9), BATL scores 8/9 vs TBN's 2/9, reflecting strong financial health.

MetricTBN logoTBNTamboran Resource…VTLE logoVTLEVital Energy, Inc.CIVI logoCIVICivitas Resources…BATL logoBATLBattalion Oil Cor…HAL logoHALHalliburton Compa…
ROE (TTM)Return on equity-6.4%-74.8%+9.5%+14.5%+14.6%
ROA (TTM)Return on assets-5.3%-27.9%+4.2%+2.4%+6.1%
ROICReturn on invested capital-9.2%-0.3%+10.8%-3.4%+10.2%
ROCEReturn on capital employed-10.5%-0.5%+12.1%-1.8%+11.6%
Piotroski ScoreFundamental quality 0–924585
Debt / EquityFinancial leverage0.07x0.95x0.68x0.77x
Net DebtTotal debt minus cash-$13M$2.5B$4.4B-$5M$5.9B
Cash & Equiv.Liquid assets$39M$40M$76M$28M$2.2B
Total DebtShort + long-term debt$26M$2.6B$4.5B$23M$8.1B
Interest CoverageEBIT ÷ Interest expense-48.11x-5.04x2.80x0.57x9.19x
HAL leads this category, winning 3 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

TBN leads this category, winning 3 of 6 comparable metrics.

A $10,000 investment in HAL five years ago would be worth $18,264 today (with dividends reinvested), compared to $2,252 for BATL. Over the past 12 months, BATL leads with a +128.8% total return vs CIVI's +6.8%. The 3-year compound annual growth rate (CAGR) favors TBN at 17.7% vs VTLE's -25.7% — a key indicator of consistent wealth creation.

MetricTBN logoTBNTamboran Resource…VTLE logoVTLEVital Energy, Inc.CIVI logoCIVICivitas Resources…BATL logoBATLBattalion Oil Cor…HAL logoHALHalliburton Compa…
YTD ReturnYear-to-date+27.3%-1.5%+140.3%+32.8%
1-Year ReturnPast 12 months+75.2%+28.7%+6.8%+128.8%+105.6%
3-Year ReturnCumulative with dividends+63.2%-59.0%-41.7%-54.3%+37.4%
5-Year ReturnCumulative with dividends+63.2%-51.9%+31.9%-77.5%+82.6%
10-Year ReturnCumulative with dividends+63.2%-92.1%-86.2%-72.1%+16.2%
CAGR (3Y)Annualised 3-year return+17.7%-25.7%-16.5%-23.0%+11.2%
TBN leads this category, winning 3 of 6 comparable metrics.

Risk & Volatility

Evenly matched — BATL and HAL each lead in 1 of 2 comparable metrics.

BATL is the less volatile stock with a -1.71 beta — it tends to amplify market swings less than VTLE's 1.32 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. HAL currently trades 92.2% from its 52-week high vs BATL's 9.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricTBN logoTBNTamboran Resource…VTLE logoVTLEVital Energy, Inc.CIVI logoCIVICivitas Resources…BATL logoBATLBattalion Oil Cor…HAL logoHALHalliburton Compa…
Beta (5Y)Sensitivity to S&P 5000.05x1.23x1.06x-1.92x0.48x
52-Week HighHighest price in past year$52.21$22.10$37.45$29.70$42.46
52-Week LowLowest price in past year$17.29$13.65$25.38$1.00$19.22
% of 52W HighCurrent price vs 52-week peak+68.0%+81.1%+73.1%+9.6%+92.2%
RSI (14)Momentum oscillator 0–10046.953.254.837.655.7
Avg Volume (50D)Average daily shares traded179K1722.4M16.6M15.0M
Evenly matched — BATL and HAL each lead in 1 of 2 comparable metrics.

Analyst Outlook

BATL leads this category, winning 2 of 2 comparable metrics.

Analyst consensus: TBN as "Buy", VTLE as "Hold", CIVI as "Hold", BATL as "Buy", HAL as "Buy". Consensus price targets imply 28.3% upside for VTLE (target: $23) vs -5.2% for HAL (target: $37). For income investors, BATL offers the higher dividend yield at 100.00% vs HAL's 1.76%.

MetricTBN logoTBNTamboran Resource…VTLE logoVTLEVital Energy, Inc.CIVI logoCIVICivitas Resources…BATL logoBATLBattalion Oil Cor…HAL logoHALHalliburton Compa…
Analyst RatingConsensus buy/hold/sellBuyHoldHoldBuyBuy
Price TargetConsensus 12-month target$45.00$23.00$31.00$37.08
# AnalystsCovering analysts33616264
Dividend YieldAnnual dividend ÷ price+18.2%+100.0%+1.8%
Dividend StreakConsecutive years of raises044
Dividend / ShareAnnual DPS$4.98$2.96$0.69
Buyback YieldShare repurchases ÷ mkt cap0.0%+0.5%+18.3%0.0%+3.1%
BATL leads this category, winning 2 of 2 comparable metrics.
Key Takeaway

VTLE leads in 1 of 6 categories (Valuation Metrics). HAL leads in 1 (Profitability & Efficiency). 2 tied.

Best OverallTamboran Resources Corp (TBN)Leads 1 of 6 categories
Loading custom metrics...

TBN vs VTLE vs CIVI vs BATL vs HAL: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is TBN or VTLE or CIVI or BATL or HAL a better buy right now?

For growth investors, Civitas Resources, Inc.

(CIVI) is the stronger pick with 49. 8% revenue growth year-over-year, versus -14. 9% for Battalion Oil Corporation (BATL). Civitas Resources, Inc. (CIVI) offers the better valuation at 3. 2x trailing P/E (6. 8x forward), making it the more compelling value choice. Analysts rate Tamboran Resources Corp (TBN) a "Buy" — based on 3 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — TBN or VTLE or CIVI or BATL or HAL?

On trailing P/E, Civitas Resources, Inc.

(CIVI) is the cheapest at 3. 2x versus Halliburton Company at 26. 1x. On forward P/E, Vital Energy, Inc. is actually cheaper at 4. 0x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — TBN or VTLE or CIVI or BATL or HAL?

Over the past 5 years, Halliburton Company (HAL) delivered a total return of +82.

6%, compared to -77. 5% for Battalion Oil Corporation (BATL). Over 10 years, the gap is even starker: TBN returned +63. 9% versus VTLE's -92. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — TBN or VTLE or CIVI or BATL or HAL?

By beta (market sensitivity over 5 years), Battalion Oil Corporation (BATL) is the lower-risk stock at -1.

92β versus Vital Energy, Inc. 's 1. 23β — meaning VTLE is approximately -164% more volatile than BATL relative to the S&P 500. On balance sheet safety, Tamboran Resources Corp (TBN) carries a lower debt/equity ratio of 7% versus 95% for Vital Energy, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — TBN or VTLE or CIVI or BATL or HAL?

By revenue growth (latest reported year), Civitas Resources, Inc.

(CIVI) is pulling ahead at 49. 8% versus -14. 9% for Battalion Oil Corporation (BATL). On earnings-per-share growth, the picture is similar: Battalion Oil Corporation grew EPS 42. 6% year-over-year, compared to -144650. 7% for Tamboran Resources Corp. Over a 3-year CAGR, CIVI leads at 77. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — TBN or VTLE or CIVI or BATL or HAL?

Civitas Resources, Inc.

(CIVI) is the more profitable company, earning 16. 1% net margin versus -585. 8% for Tamboran Resources Corp — meaning it keeps 16. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CIVI leads at 29. 0% versus -617. 2% for TBN. At the gross margin level — before operating expenses — BATL leads at 72. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is TBN or VTLE or CIVI or BATL or HAL more undervalued right now?

On forward earnings alone, Vital Energy, Inc.

(VTLE) trades at 4. 0x forward P/E versus 16. 8x for Halliburton Company — 12. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for VTLE: 28. 3% to $23. 00.

08

Which pays a better dividend — TBN or VTLE or CIVI or BATL or HAL?

In this comparison, BATL (100.

0% yield), CIVI (18. 2% yield), HAL (1. 8% yield) pay a dividend. TBN, VTLE do not pay a meaningful dividend and should not be held primarily for income.

09

Is TBN or VTLE or CIVI or BATL or HAL better for a retirement portfolio?

For long-horizon retirement investors, Battalion Oil Corporation (BATL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -1.

92), 100. 0% yield). Both have compounded well over 10 years (BATL: -71. 8%, VTLE: -92. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between TBN and VTLE and CIVI and BATL and HAL?

Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: TBN is a small-cap quality compounder stock; VTLE is a small-cap high-growth stock; CIVI is a small-cap high-growth stock; BATL is a small-cap income-oriented stock; HAL is a mid-cap quality compounder stock. CIVI, BATL, HAL pay a dividend while TBN, VTLE do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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