Permex Petroleum Corporation (OILCF) Research

Permex Petroleum Corporation operates as a developing oil and gas firm, primarily engaging in the acquisition, development, and production of hydrocarbon resources across the United States. Its portfolio includes various properties in Texas: the 320-acre Pittcock North and 498-acre Pittcock South sites, both located on the Eastern Shelf of the Midland Basin; the 241-acre Mary Bullard property in Stonewall County; the 40-acre Windy Jones parcel; and the extensive 7,741.67-acre Breedlove field in Martin County. The company also holds significant interests in New Mexico, specifically the 1,880-acre West Henshaw property and the 680-acre Oxy Yates property, both situated in Eddy County. Furthermore, Permex possesses royalty interests spanning 3,800 acres within the Permian Basin of West Texas and southeast New Mexico, which cover 73 operational wells and 5 wells awaiting permits. Permex Petroleum Corporation was established in 2017 and its main office is located in Vancouver, Canada.

Market snapshot

Symbol
OILCF
Price
$3.27
Day change
0.00%
Market cap
$1.5M
P/E ratio
-0.36x
52-week range
1.7-12.84
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 2 months

Peer companies

  • EGPI Firecreek, Inc. (EFIR)
  • ERHC Energy Inc. (ERHE)
  • FEC Resources Inc. (FECOF)
  • MDM Permian, Inc. (MDMP)
  • MMEX Resources Corporation (MMEX)
  • Porto Energy Corp. (PNRXF)
  • PetroGas Company (PTCO)
  • Royal Helium Ltd. (RHCCF)

Recent insider activity

  • Boyd BaShara Crystelle — trade (0 shares) on 2024-12-23
  • Little Richard H — trade (0 shares) on 2024-08-26
  • NANKE KEVIN K — trade (0 shares) on 2024-08-26
  • Taillon Brad — A-Award (10000 shares) on 2024-04-29
  • Taillon Brad — trade (0 shares) on 2024-04-29

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