Permex Petroleum (OTCMKTS:OILCF) and Paramount Resources (OTCMKTS:PRMRF) Head-To-Head Comparison

Permex Petroleum (OTCMKTS:OILCF) and Paramount Resources (OTCMKTS:PRMRF) are both energy companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, dividends, risk, analyst recommendations, valuation and institutional ownership.

Profitability

This table compares Permex Petroleum and Paramount Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Permex Petroleum	-1,332.97%	-145.91%	-53.90%
Paramount Resources	94.21%	9.08%	7.06%

Analyst Recommendations

This is a breakdown of current ratings and price targets for Permex Petroleum and Paramount Resources, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Permex Petroleum	0	0	0	0	0.00
Paramount Resources	0	2	0	1	2.67

Earnings and Valuation

This table compares Permex Petroleum and Paramount Resources”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Permex Petroleum	$120,000.00	18.33	-$3.99 million	($11.00)	-0.36
Paramount Resources	$1.28 billion	1.78	$245.14 million	$7.41	2.15

Paramount Resources has higher revenue and earnings than Permex Petroleum. Permex Petroleum is trading at a lower price-to-earnings ratio than Paramount Resources, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Permex Petroleum has a beta of 2.71, indicating that its share price is 171% more volatile than the S&P 500. Comparatively, Paramount Resources has a beta of 1.6, indicating that its share price is 60% more volatile than the S&P 500.

Institutional & Insider Ownership

9.5% of Permex Petroleum shares are held by institutional investors. Comparatively, 4.1% of Paramount Resources shares are held by institutional investors. 36.3% of Paramount Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Paramount Resources beats Permex Petroleum on 10 of the 13 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 Paramount Resources

Paramount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 109,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development and natural gas producing properties covering an area of 124,000 net acres located in west-central Alberta; and Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia covering an area of 249,000 net acres. The company was founded in 1976 and is based in Calgary, Canada.