Permex Petroleum (OIL.CN) has received a fair amount of coverage here at Equity Guru. With the company and its multiple moving parts, it’s a challenge keeping pace with new developments.
If your stack isn’t nearly as fat as you’d like, it’s important to do your homework and put together a shortlist of investment candidates that represent the best possible value.
Permex Petroleum (OIL.CN): a small cap oil producer with huge capacity, poised for significant growth
Flexibility. The ability to reassess and roll with the punches. The capacity to adapt, to react, to adjust your capital and operating expenditures as the cycle changes. Keeping a lid on debt during periods of uncertainty… these are must-have traits for survival in the volatile oil industry. Financial ruin awaits those less prepared.
It’s been tough sledding in recent years for a number of Oil and Gas operators. Many are sagging under crushing debt loads. One company’s distress can be another company’s opportunity…