Permex Petroleum Corp. is an independent energy company, which engages in the acquisition, exploration, development, and production of oil and natural gas properties on private, state and federal land in the United States, primarily in the Permian Basin region of West Texas and Southeast New Mexico which includes the Midland Central Basin and Delaware Basin. Its projects include ODC & Taylor, West Henshaw, Mary Bullard, Pittcock, Oxy Yates, McMurtry and Loving, and Peavey. The company was founded on April 24, 2017 and is headquartered in Houston, TX.
Fundamental metrics to determine fair value of the stock
Company’s recent performance and margins
Dividend yield, history and sustainability
Financial position and solvency of the company