Permex Petroleum (OTCMKTS:OILCF) Releases Quarterly Earnings Results

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

Permex Petroleum Stock Performance

Permex Petroleum stock opened at $2.90 on Friday. The company has a 50 day moving average of $2.21 and a 200-day moving average of $3.07. Permex Petroleum has a twelve month low of $0.02 and a twelve month high of $5.32.

Permex Petroleum Company Profile

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.