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Permex Petroleum CNSX:OIL Stock Report

Last Price

CA$6.20

Market Cap

CA$3.1m

7D

19.2%

1Y

-69.6%

Updated

28 Mar, 2024

Data

Company Financials +

Permex Petroleum Corporation

CNSX:OIL Stock Report

Market Cap: CA$3.1m

OIL Stock Overview

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.

OIL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Permex Petroleum Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Permex Petroleum
Historical stock prices
Current Share PriceCA$6.20
52 Week HighCA$21.16
52 Week LowCA$4.20
Beta3.7
1 Month Change34.78%
3 Month Change47.62%
1 Year Change-69.61%
3 Year Change-75.40%
5 Year Change-82.78%
Change since IPO-95.69%

Recent News & Updates

Recent updates

Shareholder Returns

OILCA Oil and GasCA Market
7D19.2%1.9%0.5%
1Y-69.6%16.6%8.7%

Return vs Industry: OIL underperformed the Canadian Oil and Gas industry which returned 15.9% over the past year.

Return vs Market: OIL underperformed the Canadian Market which returned 9% over the past year.

Price Volatility

Is OIL's price volatile compared to industry and market?
OIL volatility
OIL Average Weekly Movement20.2%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.7%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: OIL's share price has been volatile over the past 3 months.

Volatility Over Time: OIL's weekly volatility has increased from 13% to 20% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aMehran Ehsanhttps://www.permexpetroleum.com

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, 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

How do Permex Petroleum's earnings and revenue compare to its market cap?
OIL fundamental statistics
Market capCA$3.09m
Earnings (TTM)-CA$6.49m
Revenue (TTM)CA$1.10m

3.1x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OIL income statement (TTM)
RevenueUS$813.00k
Cost of RevenueUS$1.26m
Gross Profit-US$446.51k
Other ExpensesUS$4.34m
Earnings-US$4.79m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-8.69
Gross Margin-54.92%
Net Profit Margin-589.20%
Debt/Equity Ratio0%

How did OIL perform over the long term?

See historical performance and comparison
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