OIL Stock Overview
A junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Permex Petroleum Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$3.30 |
| 52 Week High | CA$10.25 |
| 52 Week Low | CA$2.10 |
| Beta | 3.71 |
| 1 Month Change | -40.00% |
| 3 Month Change | 3.13% |
| 1 Year Change | -23.61% |
| 3 Year Change | -93.60% |
| 5 Year Change | -75.00% |
| Change since IPO | -97.71% |
Recent News & Updates
Recent updates
Shareholder Returns
| OIL | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -13.2% | -2.3% | -2.0% |
| 1Y | -23.6% | 11.2% | 15.2% |
Return vs Industry: OIL underperformed the Canadian Oil and Gas industry which returned 11.2% over the past year.
Return vs Market: OIL underperformed the Canadian Market which returned 15.2% over the past year.
Price Volatility
| OIL volatility | |
|---|---|
| OIL Average Weekly Movement | 24.4% |
| Oil and Gas Industry Average Movement | 6.3% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: OIL's share price has been volatile over the past 3 months compared to the Canadian market.
Volatility Over Time: OIL's weekly volatility (24%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Brad Taillon | www.permexpetroleum.com |
Permex Petroleum Corporation, a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in the United States. The company holds interests in the Pittcock North property, Pittcock South property, Windy Jones property, and Mary Bullard property located in Stonewall County. It also holds interests in the West Henshaw property located in Eddy County, New Mexico; Oxy Yates property located in Eddy County; and Breedlove “B” Clearfork property located in Martin Country, Texas.
Permex Petroleum Corporation Fundamentals Summary
| OIL fundamental statistics | |
|---|---|
| Market cap | CA$1.82m |
| Earnings (TTM) | -CA$4.49m |
| Revenue (TTM) | CA$310.24k |
5.9x
P/S Ratio-0.4x
P/E RatioIs OIL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OIL income statement (TTM) | |
|---|---|
| Revenue | US$215.88k |
| Cost of Revenue | US$282.11k |
| Gross Profit | -US$66.22k |
| Other Expenses | US$3.06m |
| Earnings | -US$3.13m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -5.67 |
| Gross Margin | -30.68% |
| Net Profit Margin | -1,448.48% |
| Debt/Equity Ratio | 28.6% |
How did OIL perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:23 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Permex Petroleum Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Siddharth Rajeev | Fundamental Research Corp. |
| Michael Heim | NOBLE Capital Markets, Inc. |