Permex Petroleum (OTCMKTS:OILCF) versus Baytex Energy (NYSE:BTE) Head-To-Head Comparison

Permex Petroleum (OTCMKTS:OILCF) and Baytex Energy (NYSE:BTE) are both energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, valuation, risk, analyst recommendations and earnings.

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 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	$1.68 billion	2.19	-$432.12 million	($0.70)	-7.27

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 held by institutional investors. Comparatively, 46.2% of Baytex Energy shares are held by institutional investors. 0.8% of Baytex Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Permex Petroleum and Baytex Energy, as provided by MarketBeat.

	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

Volatility and Risk

Permex Petroleum has a beta of 2.27, suggesting that its share price is 127% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 0.37, suggesting that its share 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.