Permex Petroleum Corporation (C:OIL)
Business Focus: Oil & Gas Exploration and Production (NEC)
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Insider Filings
Latest 10 SEDI filings for OIL within the last 6 months
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Company News
Apr 17, 2024 07:53 ET
Canadian Investment Regulatory Organization Trading Halt - OIL
VANCOUVER, BC, April 17, 2024 /CNW/ - The following issues have been halted by CIRO:
Apr 16, 2024 15:50 ET
Permex Petroleum Announces Closing of Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - Permex Petroleum Corporation (CSE: OIL) (OTC Pink: OILCF) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that the Company has closed its previously announced private placement (the "Offering") of convertible debenture units of the Company (the "Units") for gross proceeds of US$500,000.
Valuation Ratios
Industry
Sector
Beta
3.78
--
--
Price to Sales - TTM
2.76
3.60
3.66
Price to Book - most recent quarter
0.29
1.41
1.79
Price to Cash Flow per share - TTM
--
4.82
5.68
Price to Free Cash Flow per share - TTM
--
15.93
16.93
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 604 | -925 |
| Mar 31, 2024 | 1,529 | 738 |
| Mar 15, 2024 | 791 | 564 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
Permex Petroleum Corporation is a junior oil and gas company. The Company is engaged in the acquisition, exploration, development and production of oil and gas properties in the United States. The Company has assets and operations in the Permian Basin of West Texas and the Delaware Sub-Basin of New Mexico. The Breedlove B Clearfork properties are situated in Martin County, Texas. The Pittcock Leases are situated in Stonewall County. Stonewall County is in Northwest Texas, in the central part of the North Central Plains and consists of the Pittcock North property, the Pittcock South property and the Windy Jones Property. The Mary Bullard Property is located in Stonewall County. The West Henshaw Property is located in Eddy County, New Mexico, 12 miles northeast of Loco Hills in the Delaware basin. The Oxy Yates Property is located in Eddy County. The Company, through its wholly owned subsidiary, Permex Petroleum US Corporation, which owns and operates on private, state and federal land.
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