OTCQB
OILCD

Permex Petroleum Corporation

Oil & Gas E&P
Energy

Prices are adjusted according to historical splits.

Permex Petroleum Corporation Stock Price

Vitals

Today's Low:
$5.25
Today's High:
$5.49
Open Price:
$5.27
52W Low:
$1.64
52W High:
$7.8
Prev. Close:
$5.27
Volume:
14133

Company Statistics

Market Cap.:
$4.87 million
Book Value:
5.979
Revenue TTM:
$670652
Operating Margin TTM:
-379.33%
Gross Profit TTM:
$31495
Profit Margin:
0%
Return on Assets TTM:
-16.73%
Return on Equity TTM:
-34.01%

Company Profile

Permex Petroleum Corporation had its IPO on under the ticker symbol OILCD.

The company operates in the Energy sector and Oil & Gas E&P industry. Permex Petroleum Corporation has a staff strength of 0 employees.

Stock update

Shares of Permex Petroleum Corporation opened at $5.27 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.25 - $5.49, and closed at $5.38.

This is a +2.13% increase from the previous day's closing price.

A total volume of 14,133 shares were traded at the close of the day’s session.

In the last one week, shares of Permex Petroleum Corporation have increased by +74.74%.

Permex Petroleum Corporation's Key Ratios

Permex Petroleum Corporation has a market cap of $4.87 million, indicating a price to book ratio of 0.5218 and a price to sales ratio of 7.2601.

In the last 12-months Permex Petroleum Corporation’s revenue was $670652 with a gross profit of $31495 and an EBITDA of $-2317241. The EBITDA ratio measures Permex Petroleum Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Permex Petroleum Corporation’s operating margin was -379.33% while its return on assets stood at -16.73% with a return of equity of -34.01%.

In Q2, Permex Petroleum Corporation’s quarterly earnings growth was a positive 0% while revenue growth was a positive 706.8%.

Permex Petroleum Corporation’s PE and PEG Ratio

Forward PE
5.1921
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $0 per share while it has a forward price to earnings multiple of 5.1921 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Permex Petroleum Corporation’s profitability.

Permex Petroleum Corporation stock is trading at a EV to sales ratio of 0.9015 and a EV to EBITDA ratio of -0.2445. Its price to sales ratio in the trailing 12-months stood at 7.2601.

Permex Petroleum Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$14.45 million
Total Liabilities
$1.17 million
Operating Cash Flow
$-99270.00
Capital Expenditure
$126492
Dividend Payout Ratio
0%

Permex Petroleum Corporation ended 2024 with $14.45 million in total assets and $0 in total liabilities. Its intangible assets were valued at $14.45 million while shareholder equity stood at $11.55 million.

Permex Petroleum Corporation ended 2024 with $0 in deferred long-term liabilities, $1.17 million in other current liabilities, 14381071.00 in common stock, $-7047781.00 in retained earnings and $0 in goodwill. Its cash balance stood at $5.37 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Permex Petroleum Corporation’s total current assets stands at $6.43 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $186740.00 compared to accounts payable of $1.12 million and inventory worth $0.

In 2024, Permex Petroleum Corporation's operating cash flow was $-99270.00 while its capital expenditure stood at $126492.

Comparatively, Permex Petroleum Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$5.38
52-Week High
$7.8
52-Week Low
$1.64
Analyst Target Price
$

Permex Petroleum Corporation stock is currently trading at $5.38 per share. It touched a 52-week high of $7.8 and a 52-week low of $7.8. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.56 and 200-day moving average was $5.79 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 3257.7% of the company’s stock are held by insiders while 962.4% are held by institutions.

Frequently Asked Questions About Permex Petroleum Corporation

The stock symbol (also called stock or share ticker) of Permex Petroleum Corporation is OILCD

The IPO of Permex Petroleum Corporation took place on

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About

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.

Address

Park Place, Vancouver, BC, Canada, V6C 2X8