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

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

Valuation & Earnings

This table compares Baytex Energy and Permex Petroleum”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Baytex Energy	$1.68 billion	2.19	-$432.12 million	($0.70)	-7.27
Permex Petroleum	$120,000.00	14.99	-$3.99 million	($10.29)	-0.32

Permex Petroleum has lower revenue, but higher earnings 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

46.2% of Baytex Energy shares are held by institutional investors. Comparatively, 9.5% of Permex Petroleum shares are held by institutional investors. 0.8% of Baytex Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Baytex Energy and Permex Petroleum’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Baytex Energy	-24.25%	-10.85%	-6.38%
Permex Petroleum	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of recent ratings for Baytex Energy and Permex Petroleum, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Baytex Energy	1	6	3	1	2.36
Permex Petroleum	0	0	0	0	0.00

Volatility and Risk

Baytex Energy has a beta of 0.37, meaning that its stock price is 63% less volatile than the S&P 500. Comparatively, Permex Petroleum has a beta of 2.27, meaning that its stock price is 127% more volatile than the S&P 500.

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.

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.