Explore 3 Stock Ideas & Industry Insights Download Free Report

Permex Petroleum Corporation

Company price
3.81 CAD 0.00(0%)
Last update at 2026-11-05T14:30:00Z
Market Cap
2.10M

Momentum Score

…

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

Day Price Range
3.81
Low
3.81
High
52 Week Price Range
2.90
Low
16.49
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

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.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
3.81
Dividend Yield
-
Revenue TTM
0.56M
Revenue Per Share
1.02
Gross Profit TTM
-0.09M
Debt / Equity
-
ROE
-156.38%
Net Debt
2.26M
ROCE
-64.88%
Diluted EPS TTM
-14.18

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

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

Peer Comparison*

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

Profile*

Permex Petroleum Corporation

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.

Support

Hi! How can we help you today?

Loading…