Permex Petroleum (OTCMKTS:OILCF) Issues Earnings Results

Permex Petroleum (OTCMKTS:OILCF) posted its quarterly earnings results on Friday. The company reported ($3.49) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $130 billion during the quarter. Permex Petroleum had a negative return on equity of 73.68% and a negative net margin of 3,525.86%.

Permex Petroleum Price Performance

Shares of OILCF stock opened at $2.90 on Friday. The stock’s fifty day simple moving average is $2.22 and its 200 day simple moving average is $3.05. Permex Petroleum has a one year low of $0.02 and a one year high of $5.32.

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.