Permex Petroleum (XCNQ:OIL) Market Cap : C$2.10 Mil (As of Dec. 13, 2024)

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What is Permex Petroleum Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Permex Petroleum's share price for the quarter that ended in Jun. 2024 was C$5.6. Permex Petroleum's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 0.55 Mil. Therefore, Permex Petroleum's market cap for the quarter that ended in Jun. 2024 was C$3.09 Mil.

Permex Petroleum's quarterly market cap increased from Dec. 2023 (C$2.32 Mil) to Mar. 2024 (C$3.42 Mil) but then declined from Mar. 2024 (C$3.42 Mil) to Jun. 2024 (C$3.09 Mil).

Permex Petroleum's annual market cap increased from Sep. 2021 (C$8.27 Mil) to Sep. 2022 (C$15.07 Mil) but then declined from Sep. 2022 (C$15.07 Mil) to Sep. 2023 (C$5.52 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Permex Petroleum's Enterprise Value for Today is C$3.31 Mil.

Permex Petroleum Market Cap Historical Data

The historical data trend for Permex Petroleum's Market Cap 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.

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Permex Petroleum Market Cap Chart

Permex Petroleum Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Market Cap

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2.40

2.00

8.27

15.07

5.52

Permex Petroleum Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Market Cap	Get a 7-Day Free Trial															5.96	5.52	2.32	3.42	3.09

Competitive Comparison of Permex Petroleum's Market Cap

For the Oil & Gas E&P subindustry, Permex Petroleum's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Oil & Gas Industry

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

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

Permex Petroleum Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Permex Petroleum's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )	=	Share Price (A: Sep. 2023 )	*	Shares Outstanding (EOP) (A: Sep. 2023 )
	=	C$10	*	0.5515
	=	C$5.52

Permex Petroleum's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )	=	Share Price (Q: Jun. 2024 )	*	Shares Outstanding (EOP) (Q: Jun. 2024 )
	=	C$5.6	*	0.5515
	=	C$3.09

Permex Petroleum (XCNQ:OIL) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Permex Petroleum Market Cap Related Terms

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Permex Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permex Petroleum Corp (XCNQ:OIL) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

OILCF:USA 75P:Germany

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8

Website

https://www.permexpetroleum.com

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 U.S. 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

Scott Kelly	Director, Senior Officer
Barry Leslie Francis Whelan	Director, Senior Officer
Mehran Ehsan	Director, Senior Officer
Earl Gerard Tobin	Deemed Insider - 6 Months before becoming Insider