Contrasting Permex Petroleum (OILCF) & Its Peers

Profitability

This table compares Permex Petroleum and its competitors’ 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 & Volatility

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

Institutional and Insider Ownership

9.5% of Permex Petroleum shares are owned by institutional investors. Comparatively, 56.8% of shares of all “Drilling oil & gas wells” companies are owned by institutional investors. 6.9% of shares of all “Drilling oil & gas wells” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares Permex Petroleum and its competitors top-line 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	$1.30 billion	-$207.61 million	-0.71

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

Summary

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

About Permex Petroleum

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.