…
Permex Petroleum Corporation, an independent energy company, acquires, explores for, develops, and produces oil and gas properties on private, state, and federal land in the United States. Its oil and natural gas properties located within the Permian Basin region of West Texas and Southeast New Mexico that includes the Midland and Delaware Basins, as well as the Central Basin Platform. Permex Petroleum Corporation was incorporated in 2017 and is headquartered in Houston, Texas.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public information on Permex Petroleum Corporation (OIL.CN) is limited; disclosures identify it as a small Canadian-listed oil and gas exploration and production company focused on acquiring and developing upstream assets. Long-term growth may depend on successful reserve additions through exploration or acquisitions and improvements in operational efficiency, and investors may find it attractive for exposure to potential production growth and small-cap upside.
Key risks include limited public disclosure and market liquidity, early-stage or small-scale operations with execution and financing risk, and exposure to regulatory and environmental liabilities.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Income before tax | -3.99M | -3.94M | -3.71M | -1.59M | -1.69M |
| Net income | -3.99M | -3.94M | -3.71M | -1.59M | -1.69M |
| Selling general administrative | 2.72M | 3.54M | 3.82M | 0.59M | 0.57M |
| Gross profit | -0.16M | -0.35M | -0.08M | 0.03M | 0.10M |
| Reconciled depreciation | 0.08M | 0.15M | 0.14M | 0.12M | 0.07M |
| Ebit | - | - | -2.91M | -0.55M | -1.61M |
| Ebitda | - | - | -3.53M | -1.43M | -1.58M |
| Operating income | -2.92M | -3.98M | -3.98M | -0.70M | -0.53M |
| Other operating expenses | - | - | 0.06M | 0.02M | 0.06M |
| Interest expense | 0.48M | 0.00M | 0.04M | 0.04M | 0.04M |
| Tax provision | - | - | - | - | 0.00M |
| Interest income | 0.00M | 0.00M | 0.01M | 0.00M | - |
| Net interest income | -0.48M | -0.00M | -0.03M | -0.04M | -0.04M |
| Total revenue | 0.12M | 0.69M | 1.20M | 0.11M | 0.92M |
| Total operating expenses | 3.03M | 4.67M | 5.18M | 0.81M | 1.45M |
| Cost of revenue | 0.28M | 1.03M | 1.28M | 0.08M | 0.82M |
| Total other income expense net | -0.59M | 0.04M | 0.30M | -0.85M | -1.12M |
| Net income from continuing ops | -3.99M | -3.94M | -3.71M | -1.59M | -1.69M |
| Net income applicable to common shares | - | - | -2.71M | -1.25M | -1.69M |
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Total assets | 12.06M | 10.94M | 17.19M | 10.37M | 9.33M |
| Other current assets | - | - | - | - | 3.90M |
| Total liab | 7.96M | 3.77M | 2.88M | 2.84M | 4.91M |
| Total stockholder equity | 4.11M | 7.17M | 14.31M | 7.53M | 4.43M |
| Other current liab | 2.25M | - | - | 0.00M | 2.46M |
| Common stock | - | - | 14.34M | 8.98M | 8.21M |
| Capital stock | 14.95M | 14.95M | 19.61M | 11.40M | 8.21M |
| Retained earnings | -16.19M | -12.20M | -8.26M | -5.55M | -5.36M |
| Other liab | - | - | 0.26M | 0.55M | 1.06M |
| Other assets | - | - | 0.14M | 0.14M | 0.26M |
| Cash | 1.51M | 0.08M | 4.51M | 0.03M | 0.01M |
| Total current liabilities | 7.56M | 3.43M | 1.70M | 0.55M | 3.68M |
| Net debt | 2.26M | 0.04M | - | 0.10M | 0.22M |
| Short long term debt | 3.78M | 0.13M | 0.05M | 0.10M | 0.09M |
| Other stockholder equity | - | - | -0.13M | -0.13M | 1.58M |
| Property plant equipment | - | - | 8.67M | 6.71M | 5.09M |
| Total current assets | 1.70M | 0.29M | 3.75M | 0.08M | 3.99M |
| Net tangible assets | - | - | 10.46M | 5.78M | 4.43M |
| Net receivables | 0.04M | 0.08M | 0.14M | 0.01M | 0.04M |
| Long term debt | - | - | - | 0.04M | 0.13M |
| Accounts payable | 3.79M | 3.23M | 1.56M | 0.40M | 0.80M |
| Non currrent assets other | 0.07M | 0.14M | 0.20M | 0.18M | 0.26M |
| Non current assets total | 10.36M | 10.65M | 12.05M | 10.27M | 5.35M |
| Capital lease obligations | 0.00M | 0.16M | 0.33M | 0.10M | 0.07M |
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Investments | 0.07M | -1.45M | -2.31M | 1.11M | -0.18M |
| Change to liabilities | - | - | 0.58M | -0.23M | 0.11M |
| Total cashflows from investing activities | - | - | -1.69M | 0.86M | -0.18M |
| Net borrowings | 1.40M | -0.12M | -0.06M | -0.09M | 0.17M |
| Total cash from financing activities | 3.65M | 0.52M | 6.98M | -0.09M | 0.17M |
| Change to operating activities | - | - | -0.30M | -0.19M | 0.19M |
| Net income | -3.99M | -3.94M | -2.71M | -1.59M | -1.69M |
| Change in cash | 1.43M | -3.22M | 3.27M | 0.02M | 0.00M |
| Begin period cash flow | 0.08M | 3.30M | 0.04M | 0.01M | 0.00M |
| End period cash flow | 1.51M | 0.08M | 4.51M | 0.03M | 0.01M |
| Total cash from operating activities | -2.29M | -2.30M | -2.02M | -0.75M | 0.01M |
| Issuance of capital stock | - | 0.00M | 11.09M | 0.00M | 0.00M |
| Depreciation | - | - | 0.16M | 0.08M | 0.13M |
| Other cashflows from investing activities | - | - | - | -0.06M | -0.00M |
| Dividends paid | - | - | - | 0.00M | - |
| Change to account receivables | - | - | -0.12M | 0.03M | 0.08M |
| Other cashflows from financing activities | - | - | -1.07M | -1.07M | -1.07M |
| Change to netincome | - | - | 0.37M | 0.81M | 1.18M |
| Capital expenditures | 0.00M | 1.45M | 1.69M | 0.27M | 0.17M |
| Change in working capital | 0.74M | 1.41M | 0.22M | -0.48M | 0.38M |
| Stock based compensation | 0.00M | 0.00M | 0.75M | 0.00M | 0.01M |
| Other non cash items | 0.32M | 0.10M | 0.09M | 0.11M | 0.07M |
| Free cash flow | -2.29M | -3.74M | -5.07M | -1.34M | -0.20M |
Sector: Energy Industry: Oil & Gas E&P
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| OIL Permex Petroleum Corporation |
- -% |
3.81 | - | 4.21 | 3.74 | 0.79 | 15.19 | -5.20 |
| WDGY Wedgemount Resources Corp |
- -% |
0.04 | - | - | 5.86 | 2.83 | 9.77 | -6.79 |
| SQX Squatex Energy and Resources Inc |
-0.01 12.50% |
0.04 | - | - | - | - | - | -11.56 |
| VIK Petro Viking Energy Inc. |
0.01 50.00% |
0.01 | - | - | 2.39 | 0.23 | 14.77 | 0.46 |
| WOGC Waskahigan Oil & Gas Corp. |
- -% |
0.10 | - | - | 2.73 | 2.06 | 3.47 | 21.87 |
Permex Petroleum Corporation, an independent energy company, acquires, explores for, develops, and produces oil and gas properties on private, state, and federal land in the United States. Its oil and natural gas properties located within the Permian Basin region of West Texas and Southeast New Mexico that includes the Midland and Delaware Basins, as well as the Central Basin Platform. Permex Petroleum Corporation was incorporated in 2017 and is headquartered in Houston, Texas.
1700 Post Oak Boulevard, Houston, TX, United States, 77056
346 245 8981
1
| Name | Title | Year Born |
|---|---|---|
| Mr. Richard H. Little P.E. | Chairman, Interim CEO & Interim CFO | 1973 |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.