Permex Petroleum (OILCF) & Its Competitors Head to Head Analysis

Valuation and Earnings

This table compares Permex Petroleum and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Permex Petroleum	$120,000.00	-$3.99 million	-0.40
Permex Petroleum Competitors	$1.29 billion	-$207.61 million	-0.75

Permex Petroleum’s peers have higher revenue, but lower earnings than Permex Petroleum. Permex Petroleum is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Insider and Institutional Ownership

9.5% of Permex Petroleum shares are held by institutional investors. Comparatively, 56.8% of shares of all “Drilling oil & gas wells” companies are held by institutional investors. 6.9% of shares of all “Drilling oil & gas wells” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Permex Petroleum and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Permex Petroleum	-3,525.86%	-73.68%	-36.83%
Permex Petroleum Competitors	-157.20%	-10.17%	-3.88%

Risk and Volatility

Permex Petroleum has a beta of 2.18, meaning that its stock price is 118% more volatile than the S&P 500. Comparatively, Permex Petroleum’s peers have a beta of 8.95, meaning that their average stock price is 795% more volatile than the S&P 500.

Summary

Permex Petroleum peers beat Permex Petroleum on 7 of the 9 factors compared.

Permex Petroleum Company Profile

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. In addition, the company has royalty interests in the Permian Basin of West Texas and southeast New Mexico. Permex Petroleum Corporation was incorporated in 2017 and is headquartered in Dallas, Texas.