Permex Petroleum Corporation 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 that covers an area of 320 acres, as well as the Pittcock South property that covers an area of 498 acres located on the Eastern Shelf of the Midland Basin; Mary Bullard property that covers an area of 241 acres located in Stonewall County; McMurtry property covering an area of 530 net acres located in Young County; Loving property, which covers an area of 980 net acres located on the boundary between Jack and Young Counties in Texas; and Peavy property that covers an areas of 160 acres located in Young County, Texas. It also holds interests in the West Henshaw property, which covers an area of 1,880 acres located in Eddy County, New Mexico; Oxy Yates property that covers an area of 680 acres located in Eddy County; and ODC San Andres & Taylor property located in Gaines County, Texas. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.
Industry, Sector and Symbol
Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
CIKN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableOptionable
Permex Petroleum (CNSX:OIL) Frequently Asked Questions
What is Permex Petroleum's stock symbol?
Permex Petroleum trades on the CNSX under the ticker symbol "OIL."
What price target have analysts set for OIL?
1 Wall Street analysts have issued 1 year target prices for Permex Petroleum's shares. Their forecasts range from $0.50 to $0.50. On average, they expect Permex Petroleum's stock price to reach $0.50 in the next twelve months. This suggests a possible upside of 1,011.1% from the stock's current price. View Analyst Price Targets for Permex Petroleum.
What is the consensus analysts' recommendation for Permex Petroleum?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Permex Petroleum in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Permex Petroleum.
Has Permex Petroleum been receiving favorable news coverage?
Media headlines about OIL stock have been trending neutral on Wednesday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Permex Petroleum earned a news impact score of 0.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Permex Petroleum.
Who are some of Permex Petroleum's key competitors?
Some companies that are related to Permex Petroleum include Advantagewon Oil (AOC), Aker BP ASA (DETNF), Athabasca Oil (ATHOF), Australian Worldwide Exploration (AWE), Axiom Oil and Gas (AXIO), Bakken Resources (BKKN), Beach Energy (BEPTF), Birchcliff Energy (BIREF), Bonavista Energy (BNPUF), Border Petroleum (BOR), Canadian Overseas Petroleum (XOP), CN RESOURCES In/SH SH (CNRR), Crew Energy (CWEGF), Delphi Energy (DPGYF) and Discovery Energy (DENR).
What other stocks do shareholders of Permex Petroleum own?
Who are Permex Petroleum's key executives?
Permex Petroleum's management team includes the folowing people:
- Mr. Mehran Ehsan, Pres, CEO & Chairman (Age 37)
- Mr. Scott Kelly, CFO, Corp. Sec. & Director (Age 43)
- Mr. Barry Leslie-Francis Whelan, COO & Director (Age 77)
- Mr. Justin G. Kates, Gen. Counsel & Independent Director (Age 36)
- Ms. Connie Hang, Controller
How do I buy shares of Permex Petroleum?
Shares of OIL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Permex Petroleum's stock price today?
One share of OIL stock can currently be purchased for approximately $0.05.
What is Permex Petroleum's official website?
MarketBeat Community Rating for Permex Petroleum (CNSX OIL)
MarketBeat's community ratings are surveys of what our community members think about Permex Petroleum and other stocks. Vote "Outperform" if you believe OIL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OIL will underperform the S&P 500 over the long term. You may vote once every thirty days.
