PEDEVCO Corp. (PED)
| Market Cap | 87.66M |
| Revenue (ttm) | 30.74M |
| Net Income (ttm) | -725,000 |
| Shares Out | 89.36M |
| EPS (ttm) | -0.01 |
| PE Ratio | n/a |
| Forward PE | 29.50 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,744 |
| Open | 0.990 |
| Previous Close | 0.970 |
| Day's Range | 0.970 - 0.990 |
| 52-Week Range | 0.610 - 1.130 |
| Beta | 0.50 |
| Analysts | Strong Buy |
| Price Target | 2.38 (+141.62%) |
| Earnings Date | May 15, 2024 |
About PED
PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming. The company is headquartered in Houston, Texas. [Read more]
Financial Performance
In 2023, PEDEVCO's revenue was $30.78 million, an increase of 2.50% compared to the previous year's $30.03 million. Earnings were $264,000, a decrease of -90.72%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for PED stock is "Strong Buy." The 12-month stock price forecast is $2.38, which is an increase of 141.62% from the latest price.
News
PEDEVCO Announces Q1 2024 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / May 15, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy ...
PEDEVCO Provides Update on New Permian Basin Wells
HOUSTON, TX / ACCESSWIRE / April 17, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energ...
PEDEVCO Announces 2023 Financial Results
HOUSTON, TX / ACCESSWIRE / March 18, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energ...
PEDEVCO to Participate in the 36th Annual ROTH Conference
HOUSTON, TX / ACCESSWIRE / March 11, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that the Company is scheduled to participate in the 36th Annual ROTH Conference to be held at ...
PEDEVCO Announces Approval of D-J Basin Development Plan for Roth 2-11 Wells and Operations Update
HOUSTON, TX / ACCESSWIRE / February 5, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth ene...
Evolution Petroleum and PEDEVCO Enter into Strategic Partnership to Jointly Develop PEDEVCO's Chaveroo Field in the Permian Basin
HOUSTON, TX / ACCESSWIRE / September 13, 2023 / Evolution Petroleum Corporation (NYSE American:EPM) ("Evolution") and PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced entry into a definit...
PEDEVCO Announces Q2 2023 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / August 14, 2023 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth ener...
PEDEVCO Announces Expansion into Wyoming D-J Basin Codell Play
HOUSTON, TX / ACCESSWIRE / June 14, 2023 / PEDEVCO Corp. (NYSE American:PED) (the "Company") today announced that it has significantly expanded its oil and gas leasehold into Southeastern Wyoming thro...
PEDEVCO Announces Q1 2023 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / May 15, 2023 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy ...
PEDEVCO To Host One-On-One Meetings at the Inaugural EF Hutton Global Conference on May 10, 2023
HOUSTON, TX / ACCESSWIRE / April 24, 2023 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") announced today that the Company is scheduled to host one-on-one meetings at The Inaugural EF Hutton Global Co...
PEDEVCO To Participate and Present at EnerCom Dallas – The Energy Investment and ESG Conference on April 18–19, 2023
HOUSTON, TX / ACCESSWIRE / April 12, 2023 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") announced today that the Company is scheduled to participate and present at EnerCom Dallas - The Energy Invest...
PEDEVCO Announces 2022 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / March 29, 2023 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energ...
PEDEVCO To Participate In The 35th Annual Roth Conference
HOUSTON, TX / ACCESSWIRE / March 6, 2023 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that the Company is scheduled to participate in the 35th Annual Roth Conference to be held in L...
PEDEVCO Announces Q3 2022 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / November 14, 2022 / PEDEVCO Corp. (NYSE American:PED)("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth ene...
PEDEVCO Announces Q2 2022 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / August 15, 2022 / PEDEVCO Corp. (NYSE American:PED)("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energ...
PEDEVCO Announces Q1 2022 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / May 16, 2022 / PEDEVCO Corp. (NYSE American:PED)("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energ...
PEDEVCO Announces 2021 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / March 11, 2022 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energ...
PEDEVCO to Participate in the 34th Annual Roth Conference
HOUSTON, TX / ACCESSWIRE / March 7, 2022 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that the Company is scheduled to participate in the 34th Annual Roth Conference to be held in D...
PEDEVCO Announces Closing of D-J Basin Asset Acquisition and Results from Recently Completed Non-Operated Wells
Increases Company's Interest in Prolific Non-Op Producing Wells HOUSTON, TX / ACCESSWIRE / February 7, 2022 / PEDEVCO Corp. (NYSE American:PED) announced today that it recently consummated the acquisi...
PEDEVCO Announces Completion of Drilling of Two New Horizontal Wells in its Permian Basin Asset
Initial Production Anticipated in Mid-February HOUSTON, TX / ACCESSWIRE / January 6, 2022 / PEDEVCO Corp. (NYSE American:PED) announced today that it has completed the drilling of two new horizontal w...
PEDEVCO Announces Spudding of First of Two New Horizontal Wells in Permian Basin Asset
HOUSTON, TX / ACCESSWIRE / December 8, 2021 / PEDEVCO Corp. (NYSE American:PED) announced today that it has spud the first of two new horizontal wells that the Company plans to drill this month in its...
PEDEVCO Reports Third Quarter 2021 Financial Results and Operations Update
Third Quarter Revenues Increased 68% to $4.1 Million HOUSTON, TX / ACCESSWIRE / November 15, 2021 / PEDEVCO Corp. (NYSE American:PED), an energy company engaged in the acquisition and development of s...
PEDEVCO Corp. Announces Closing of $7 Million Registered Direct Offering of Common Stock
HOUSTON, TX / ACCESSWIRE / October 6, 2021 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth ener...
PEDEVCO Corp. Announces Pricing of $7.0 Million Registered Direct Offering
HOUSTON, TX / ACCESSWIRE / October 4, 2021 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth ener...
PEDEVCO Publishes Updated Company Presentation and Provides Operations Update
Increased Focus on Highly Economic and Prospective D-J Basin Opportunities HOUSTON, TX / ACCESSWIRE / September 20, 2021 / PEDEVCO Corp. (NYSE American:PED), an energy company engaged in the acquisiti...