PEDEVCO Corp. (PED)

Market Cap	65.86M
Revenue (ttm)	40.17M
Net Income (ttm)	17.16M
Shares Out	91.34M
EPS (ttm)	0.19
PE Ratio	3.78
Forward PE	41.20
Dividend	n/a
Ex-Dividend Date	n/a

Volume	319,107
Open	0.7500
Previous Close	0.7500
Day's Range	0.7197 - 0.7500
52-Week Range	0.4701 - 1.1000
Beta	0.41
Analysts	Strong Buy
Price Target	1.63 (+126.08%)
Earnings Date	Aug 13, 2025

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. The company holds interests in the Permian Basin asset covering an area of approximately 14,550 net acres located in New Mexico. Its properties also include D-J Basin asset covering an area of approximately 14,809 net acres in Weld and Morgan Counties, Colorado; and 3,860 net acres in Laramie County, Wyoming. The company is headquartered in Houston, Texas.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• CEO: John Schick
• Employees: 14
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: PED
• Website: https://www.pedevco.com

Financial Performance

In 2024, PEDEVCO's revenue was $39.55 million, an increase of 28.49% compared to the previous year's $30.78 million. Earnings were $17.79 million, an increase of 947.03%.

Analyst Forecast

According to 2 analysts, the average rating for PED stock is "Strong Buy." The 12-month stock price forecast is $1.63, which is an increase of 126.08% from the latest price.

Price Target

$1.63

(126.08% upside)

Analyst Consensus: Strong Buy