Permex Petroleum (OILCF) vs. Its Peers Head-To-Head Contrast

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 insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Permex Petroleum	$120,000.00	-$3.99 million	-0.41
Permex Petroleum Competitors	$1.29 billion	-$207.61 million	-0.75

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

Risk and Volatility

Permex Petroleum has a beta of 2.18, meaning that its share price is 118% more volatile than the S&P 500. Comparatively, Permex Petroleum’s rivals have a beta of 8.96, meaning that their average share price is 796% more volatile than the S&P 500.

Profitability

This table compares Permex Petroleum and its rivals’ 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%

Summary

Permex Petroleum rivals 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.