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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$3.41 - C$5.60
Previous CloseN/A
Volume160.00
Average Volume (3M)784.00
Market Cap
C$2.10M
Enterprise ValueC$3.16M
Total Cash (Recent Filing)C$2.09M
Total Debt (Recent Filing)C$3.76M
Price to Earnings (P/E)―
Beta0.49
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$3.41 and its highest was C$5.60 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 operates as an emerging oil and gas enterprise, concentrating on the acquisition, development, and production of hydrocarbon assets throughout the United States. The company's property portfolio includes stakes in Texas, such as the 320-acre Pittcock North and 498-acre Pittcock South properties, both located on the Eastern Shelf of the Midland Basin. Additional Texas holdings comprise the 241-acre Mary Bullard tract in Stonewall County and the 40-acre Windy Jones property. Extending its reach into New Mexico, Permex also holds interests in the 1,880-acre West Henshaw property and the 680-acre Oxy Yates property, both situated in Eddy County. Furthermore, the company manages the substantial 7,741.67-acre Breedlove field in Martin County, Texas. Beyond its direct property interests, Permex also benefits from royalty interests across 3,800 acres within the productive Permian Basin of West Texas and southeastern New Mexico, encompassing 73 producing wells and 5 wells approved for future development. Founded in 2017, Permex Petroleum Corporation is headquartered in Vancouver, Canada.
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