Permex Petroleum (OTCMKTS:OILCF – Get Free Report) and Baytex Energy (NYSE:BTE – Get Free Report) are both energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, risk, valuation, institutional ownership, profitability, dividends and analyst recommendations.
Profitability
This table compares Permex Petroleum and Baytex Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Permex Petroleum | N/A | N/A | N/A |
| Baytex Energy | -24.25% | -10.85% | -6.38% |
Valuation and Earnings
This table compares Permex Petroleum and Baytex Energy”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Permex Petroleum | $120,000.00 | 14.99 | -$3.99 million | ($10.29) | -0.32 |
| Baytex Energy | $2.56 billion | 1.32 | -$432.12 million | ($0.70) | -6.71 |
Permex Petroleum has higher earnings, but lower revenue than Baytex Energy. Baytex Energy is trading at a lower price-to-earnings ratio than Permex Petroleum, indicating that it is currently the more affordable of the two stocks.
Insider & Institutional Ownership
9.5% of Permex Petroleum shares are owned by institutional investors. Comparatively, 46.2% of Baytex Energy shares are owned by institutional investors. 0.8% of Baytex Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Analyst Ratings
This is a breakdown of recent recommendations for Permex Petroleum and Baytex Energy, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Permex Petroleum | 0 | 0 | 0 | 0 | 0.00 |
| Baytex Energy | 1 | 6 | 3 | 1 | 2.36 |
Risk and Volatility
Permex Petroleum has a beta of 2.27, indicating that its stock price is 127% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 0.37, indicating that its stock price is 63% less volatile than the S&P 500.
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 Baytex Energy
Baytex Energy Corp. is an oil & gas exploration and production company. The firm engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded on June 3, 1993 and is headquartered in Calgary, Canada.
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