Education
About Us
Working with TipRanks
Follow Us
Permex Petroleum Corporation (TSE:OIL)
:OIL
OIL Stock Chart & Stats
C$4.00
C$0.00(0.00%)
At close: 4:00 PM EST
C$4.00
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$2.90 - C$16.49
Previous CloseN/A
Volume160.00
Average Volume (3M)784.00
Market Cap
C$2.10M
Enterprise ValueC$3.20M
Total Cash (Recent Filing)C$2.09M
Total Debt (Recent Filing)C$3.76M
Price to Earnings (P/E)―
Beta0.55
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding551,503
10 Day Avg. Volume1,043
30 Day Avg. Volume784
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.44
Price to Sales (P/S)15.68
P/FCF Ratio-0.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue GrowthDespite current challenges, the company has shown significant revenue growth, which could indicate potential for recovery and expansion.
Market PositionStrategic focus on North American oil and gas properties positions Permex to capitalize on regional energy demands and regulatory conditions.
Business ModelThe business model, based on hydrocarbon extraction and sales, is fundamental to the energy sector, offering long-term revenue potential.
Bears Say
Profitability ChallengesConsistently negative profit margins and net income highlight ongoing profitability issues, which could hinder long-term financial health.
Leverage And StabilityIncreased leverage and decreased equity ratio suggest financial instability, posing risks to solvency and operational flexibility.
Cash Flow IssuesNegative cash flows indicate liquidity issues, potentially limiting the company's ability to fund operations without external financing.
Permex Petroleum Corporation News
OIL FAQ
What was Permex Petroleum Corporation’s price range in the past 12 months?
Permex Petroleum Corporation lowest stock price was C$2.90 and its highest was C$16.49 in the past 12 months.
What is Permex Petroleum Corporation’s market cap?
Permex Petroleum Corporation’s market cap is C$2.10M.
When is Permex Petroleum Corporation’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Permex Petroleum Corporation’s earnings last quarter?
Currently, no data Available
Is Permex Petroleum Corporation overvalued?
According to Wall Street analysts Permex Petroleum Corporation’s price is currently Overvalued.
Does Permex Petroleum Corporation pay dividends?
Permex Petroleum Corporation does not currently pay dividends.
What is Permex Petroleum Corporation’s EPS estimate?
Permex Petroleum Corporation’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Permex Petroleum Corporation have?
Permex Petroleum Corporation has 551,503 shares outstanding.
What happened to Permex Petroleum Corporation’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Permex Petroleum Corporation?
Currently, no hedge funds are holding shares in TSE:OIL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Permex Petroleum Corporation
Permex Petroleum Corporation, a junior oil and gas company, engages in the acquisition, development, and production of oil and gas properties in the United States. The company holds interests in the Pittcock North property that covers an area of 320 acres, as well as the Pittcock South property that covers an area of 498 acres located on the Eastern Shelf of the Midland Basin; Mary Bullard property that covers an area of 241 acres located in Stonewall County; and Windy Jones property, which covers an area of 40 acres. It also holds interests in the West Henshaw property, which covers an area of 1,880 acres located in Eddy County, New Mexico; Oxy Yates property that covers an area of 680 acres located in Eddy County; and Breedlove field includes an area of 7,741.67 acres in Martin Country, Texas. In addition, the company has royalty interests 73 wells and 5 permitted wells across 3,800 acres within the Permian Basin of West Texas and southeast New Mexico. Permex Petroleum Corporation was incorporated in 2017 and is headquartered in Vancouver, Canada.
Technical Analysis
Centaurus Energy
―
Jura Energy
―
Shoal Point Energy
―
Wescan Energy
―
Squatex Energy and Ressources Inc
―