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Permex Petroleum (XCNQ:OIL) Revenue : C$1.10 Mil (TTM As of Jun. 2023)


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What is Permex Petroleum Revenue?

Permex Petroleum's revenue for the three months ended in Jun. 2023 was C$0.21 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2023 was C$1.10 Mil. Permex Petroleum's Revenue per Share for the three months ended in Jun. 2023 was C$0.43. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was C$2.27.

Warning Sign:

Permex Petroleum Corp revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Permex Petroleum was -13.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -33.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Permex Petroleum's highest 3-Year average Revenue per Share Growth Rate was -33.30% per year. The lowest was -56.10% per year. And the median was -44.70% per year.


Permex Petroleum Revenue Historical Data

The historical data trend for Permex Petroleum's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Permex Petroleum Revenue Chart

Permex Petroleum Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Revenue
Get a 7-Day Free Trial 0.95 1.61 0.91 0.11 1.17

Permex Petroleum Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.34 0.30 0.25 0.21

Competitive Comparison of Permex Petroleum's Revenue

For the Oil & Gas E&P subindustry, Permex Petroleum's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Permex Petroleum's Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Permex Petroleum's Revenue distribution charts can be found below:

* The bar in red indicates where Permex Petroleum's Revenue falls into.



Permex Petroleum Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.10 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Permex Petroleum  (XCNQ:OIL) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Permex Petroleum Revenue Related Terms

Thank you for viewing the detailed overview of Permex Petroleum's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Permex Petroleum (XCNQ:OIL) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8
Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum US Corporation owns and operates on private, state, and federal land. The company has a single reportable segment i.e. acquisition, development, and production of oil and gas properties in the United States.
Executives
Mehran Ehsan Director, Senior Officer

Permex Petroleum (XCNQ:OIL) Headlines

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