Critical Survey: Permex Petroleum (OTCMKTS:OILCF) versus Pacific Drilling (OTCMKTS:PACDQ)

Permex Petroleum (OTCMKTS:OILCF) and Pacific Drilling (OTCMKTS:PACDQ) are both small-cap oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, institutional ownership, earnings, profitability and dividends.

Profitability

This table compares Permex Petroleum and Pacific Drilling’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Permex Petroleum	-522.68%	-47.88%	-35.60%
Pacific Drilling	-164.67%	-23.08%	-9.18%

Analyst Recommendations

This is a summary of current recommendations and price targets for Permex Petroleum and Pacific Drilling, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Permex Petroleum	0	0	1	0	3.00
Pacific Drilling	0	0	0	0	N/A

Risk & Volatility

Permex Petroleum has a beta of 2.23, meaning that its share price is 123% more volatile than the S&P 500. Comparatively, Pacific Drilling has a beta of 2.95, meaning that its share price is 195% more volatile than the S&P 500.

Earnings & Valuation

This table compares Permex Petroleum and Pacific Drilling’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Permex Petroleum	$880,000.00	4.54	-$2.71 million	N/A	N/A
Pacific Drilling	$319.72 million	0.00	-$525.16 million	N/A	N/A

Permex Petroleum has higher earnings, but lower revenue than Pacific Drilling.

Summary

Pacific Drilling beats Permex Petroleum on 5 of the 8 factors compared between the two stocks.

About Permex Petroleum

Permex Petroleum Corporation, a junior oil and gas company, 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, Pittcock South property, Windy Jones property, and Mary Bullard property located in Stonewall County. It also holds interests in the West Henshaw property located in Eddy County, New Mexico; Oxy Yates property located in Eddy County; and Breedlove B Clearfork property located in Martin Country, Texas. In addition, the company has royalty interests in the Permian Basin of West Texas and southeast New Mexico. Permex Petroleum Corporation was incorporated in 2017 and is headquartered in Dallas, Texas.

About Pacific Drilling

Pacific Drilling S.A., together with its subsidiaries, operates as an offshore drilling contractor in the United States, Nigeria, and internationally. It provides offshore drilling services to the oil and natural gas industry. The company contracts its fleet of rigs to drill wells for its customers. It has a fleet of seven drillships. Pacific Drilling S.A. was founded in 2006 and is headquartered in Houston, Texas. On October 30, 2020, Pacific Drilling S.A., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.