PEDEVCO Corp's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 57/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 0.85.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
PEDEVCO Corp's Score
Industry at a Glance
Industry Ranking
57 / 120
Overall Ranking
212 / 4582
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
0.850
Target Price
+50.47%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
PEDEVCO Corp Highlights
StrengthsRisks
PEDEVCO Corp. is an energy company engaged in the acquisition and development of energy projects in the United States. The Company is a Rockies-focused operator with over 328,000 net acres. The Company's principal assets are its D-J Basin Asset located in the D-J Basin in Weld and Morgan Counties, Colorado and Southeastern Wyoming, and its San Andres Asset located in the Northwest Shelf of the Permian Basin in eastern New Mexico. The Company owns substantial oil-weighted producing assets and significant leasehold interests with future drilling inventory located in the Northern DJ and Powder River Basins. It has approximately 14,105 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico. It has approximately 17,830 net D-J Basin acres located in Weld and Morgan Counties, Colorado, and Laramie County, Wyoming, through its wholly owned subsidiary, PRH Holdings LLC, and which are operated by its wholly owned operating subsidiary, Red Hawk Petroleum, LLC.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 31.69% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 39.55M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 39.55M.
Undervalued
The company’s latest PB is 0.43, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.33M shares, decreasing 20.83% quarter-over-quarter.
PEDEVCO Corp. is an energy company engaged in the acquisition and development of energy projects in the United States. The Company is a Rockies-focused operator with over 328,000 net acres. The Company's principal assets are its D-J Basin Asset located in the D-J Basin in Weld and Morgan Counties, Colorado and Southeastern Wyoming, and its San Andres Asset located in the Northwest Shelf of the Permian Basin in eastern New Mexico. The Company owns substantial oil-weighted producing assets and significant leasehold interests with future drilling inventory located in the Northern DJ and Powder River Basins. It has approximately 14,105 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico. It has approximately 17,830 net D-J Basin acres located in Weld and Morgan Counties, Colorado, and Laramie County, Wyoming, through its wholly owned subsidiary, PRH Holdings LLC, and which are operated by its wholly owned operating subsidiary, Red Hawk Petroleum, LLC.
Ticker SymbolPED
CompanyPEDEVCO Corp
CEOSchick (John Douglas)
Websitehttps://www.pedevco.com/
FAQs
What is the current price of PEDEVCO Corp (PED)?
The current price of PEDEVCO Corp (PED) is 0.536.
What is the symbol of PEDEVCO Corp?
The ticker symbol of PEDEVCO Corp is PED.
What is the 52-week high of PEDEVCO Corp?
The 52-week high of PEDEVCO Corp is 0.999.
What is the 52-week low of PEDEVCO Corp?
The 52-week low of PEDEVCO Corp is 0.432.
What is the market capitalization of PEDEVCO Corp?
The market capitalization of PEDEVCO Corp is 49.56M.
What is the net income of PEDEVCO Corp?
The net income of PEDEVCO Corp is 17.79M.
Is PEDEVCO Corp (PED) currently rated as Buy, Hold, or Sell?
According to analysts, PEDEVCO Corp (PED) has an overall rating of Buy, with a price target of 0.850.
What is the Earnings Per Share (EPS TTM) of PEDEVCO Corp (PED)?
The Earnings Per Share (EPS TTM) of PEDEVCO Corp (PED) is 0.108.