OILCF
Price:
$3.27
Market Cap:
$1.50M
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. Furtherm...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2018-09-20
Stock Exchange
OTC
Ticker
OILCF
According to Permex Petroleum Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.23. This represents a change of 37.13% compared to the average of 0.17 of the last 4 quarters.
The mean historical Current Ratio of Permex Petroleum Corporation over the last ten years is 1.08. The current 0.23 Current Ratio has changed 1.99% with respect to the historical average. Over the past ten years (40 quarters), OILCF's Current Ratio was at its highest in in the March 2022 quarter at 9.77. The Current Ratio was at its lowest in in the March 2024 quarter at 0.02.
Average
1.08
Median
0.37
Minimum
0.06
Maximum
4.23
Discovering the peaks and valleys of Permex Petroleum Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.32%
Maximum Annual Current Ratio = 4.23
Minimum Annual Increase = -97.19%
Minimum Annual Current Ratio = 0.06
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.23 | 264.29% |
| 2023 | 0.06 | -97.19% |
| 2022 | 2.20 | 1.32% |
| 2021 | 0.15 | -85.72% |
| 2020 | 1.08 | 434.86% |
| 2019 | 0.20 | -60.79% |
| 2018 | 0.52 | -87.77% |
The current Current Ratio of Permex Petroleum Corporation (OILCF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.83
5-year avg
0.75
10-year avg
1.08
Permex Petroleum Corporation’s Current Ratio is less than Porto Energy Corp. (1.62), greater than FEC Resources Inc. (0.09), greater than EGPI Firecreek, Inc. (0), greater than MMEX Resources Corporation (0.00), less than Royal Helium Ltd. (0.41), greater than MDM Permian, Inc. (0.22), greater than Southern Realty Co. (0), greater than PetroGas Company (0), less than Winchester Energy Limited (0.65), greater than ERHC Energy Inc. (0.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.62 | $19.89K | |
| 0.09 | $774.97K | |
| 0 | $1.90M | |
| 0.00 | $2.23M | |
| 0.41 | $71.57K | |
| 0.22 | $740.95K | |
| 0 | $1.96M | |
| 0 | $712.90K | |
| 0.65 | $1.78M | |
| 0.04 | $575.89K |
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