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Permex Petroleum Corporation
(OIL)
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Rating:32Underperform
Price Target:
C$4.50
▲(18.11% Upside)
Action:Reiterated
Date:10/30/25
Permex Petroleum receives a critically low score of 32, reflecting severe financial distress that dominates the investment thesis. Financial performance (40% weight, score 20) is the primary driver—the company faces collapsing revenues, substantial operating losses, negative gross margins, deteriorating leverage, and chronic cash burn that threatens viability. Valuation (30% weight, score 25) provides no support; the negative P/E ratio signals unprofitability, and the absence of dividends eliminates income appeal. Technical analysis (30% weight, score 48) offers only mixed, neutral signals that cannot offset fundamental weaknesses. The stock faces high risk of further value erosion and potential insolvency without immediate operational stabilization or external capital injection. This is a high-risk, distressed position suitable only for speculative investors with high loss tolerance.
Positive Factors
Revenue Growth
Despite current challenges, the company has shown significant revenue growth, which could indicate potential for recovery and expansion.
Negative Factors
Profitability Challenges
Consistently negative profit margins and net income highlight ongoing profitability issues, which could hinder long-term financial health.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Despite current challenges, the company has shown significant revenue growth, which could indicate potential for recovery and expansion.
Read all positive factors
Permex Petroleum Corporation (OIL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.10M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)1.27
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees1
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)N/A
Shares Outstanding551,503
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.44
Price to Sales (P/S)15.68
P/FCF Ratio-0.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Permex Petroleum Corporation Business Overview & Revenue Model
Company Description
Permex Petroleum Corporation operates as an emerging oil and gas enterprise, concentrating on the acquisition, development, and production of hydrocarbon assets throughout the United States. The company's property portfolio includes stakes in Texa...
How the Company Makes Money
Permex Petroleum Corporation generates revenue primarily through the sale of crude oil and natural gas. The company's revenue model is based on the extraction of hydrocarbons from its leased properties, which are then sold to various customers, in...
Permex Petroleum Corporation Financial Statement Overview
Summary
Income Statement
16
Very Negative
Balance Sheet
23
Negative
Cash Flow
21
Negative
| Breakdown | TTM | Sep 2024 | Sep 2023 | Dec 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 342.23K | 116.03K | 688.83K | 878.46K | 106.89K | 917.72K |
| Gross Profit | -472.14K | -162.61K | -345.48K | -56.24K | -91.75K | 168.20K |
| EBITDA | -3.82M | -3.42M | -3.78M | -2.51M | -549.25K | -1.10M |
| Net Income | -5.68M | -3.99M | -3.94M | -2.53M | -1.58M | -1.69M |
Balance Sheet | ||||||
| Total Assets | 12.91M | 12.06M | 10.94M | 17.19M | 10.37M | 9.33M |
| Cash, Cash Equivalents and Short-Term Investments | 2.09M | 1.51M | 82.74K | 4.51M | 32.79K | 7.36K |
| Total Debt | 3.76M | 3.78M | 284.46K | 283.20K | 239.23K | 295.59K |
| Total Liabilities | 10.99M | 7.96M | 3.77M | 2.10M | 2.84M | 4.91M |
| Stockholders Equity | 1.93M | 4.11M | 7.17M | 10.46M | 7.32M | 4.43M |
Cash Flow | ||||||
| Free Cash Flow | -3.19M | -2.29M | -3.74M | -5.07M | -1.34M | -195.64K |
| Operating Cash Flow | -3.00M | -2.29M | -2.30M | -2.77M | -951.57K | 5.51K |
| Investing Cash Flow | -188.94K | 66.77K | -1.45M | -2.31M | 1.11M | -176.15K |
| Financing Cash Flow | 4.86M | 3.65M | 523.48K | 9.55M | -129.89K | 174.42K |
Permex Petroleum Corporation Technical Analysis
Negative
3.81
Price Trends
3.81
Neutral
3.81
Negative
3.91
Negative
Market Momentum
>-0.01
Negative
34.09
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OIL, the sentiment is Negative. The current price of 3.81 is equal to the 20-day moving average (MA) of 3.81, equal to the 50-day MA of 3.81, and below the 200-day MA of 3.91, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 34.09 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:OIL.
Permex Petroleum Corporation Peers Comparison
UnderperformOutperform
Sector (65)
TSE:OIL
Permex Petroleum Corporation
3.81
-1.09
-22.24%
TSE:CTA
Centaurus Energy
1.25
-1.25
-50.00%
TSE:JEC
Jura Energy
0.10
0.08
375.00%
TSE:WCE
Wescan Energy
0.14
0.06
68.75%
TSE:SQX
Squatex Energy and Ressources Inc
0.12
0.10
500.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.