PEDEVCO Corp. (PED)
| Market Cap | 216.14M +230.0% |
| Revenue (ttm) | 33.25M -6.9% |
| Net Income | 9.56M +152.7% |
| EPS | 2.10 +156.4% |
| Shares Out | 13.30M |
| PE Ratio | 7.73 |
| Forward PE | 14.64 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 30,900 |
| Open | 15.27 |
| Previous Close | 16.00 |
| Day's Range | 15.27 - 16.73 |
| 52-Week Range | 8.64 - 18.89 |
| Beta | 0.24 |
| Analysts | Strong Buy |
| Price Target | 30.00 (+84.62%) |
| Earnings Date | May 14, 2026 |
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.
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%.
Financial StatementsAnalyst Summary
According to one analyst, the rating for PED stock is "Strong Buy" and the 12-month stock price target is $30.0.
News
PEDEVCO Reports Fourth Quarter and Full-Year 2025 Results
Transformational Juniper Merger Drives Step-Change in Scale, Reserves and Earnings Power Transformational Juniper Merger Drives Step-Change in Scale, Reserves and Earnings Power
PEDEVCO Announces Participation in the 38ᵗʰ Annual ROTH Conference
HOUSTON, March 20, 2026 (GLOBE NEWSWIRE) -- PEDEVCO Corp. (NYSE American: PED) (“PEDEVCO” or the “Company”), a domestic energy company engaged in the acquisition and development of strategic, high gro...
PEDEVCO Reports Year-End 2025 Proved Reserves
Total Proved Reserves of 32.1 MMBoe with PV-10 of $357.7 Million at SEC Pricing as of Year-End 2025 Year-End 2025 Reserves Reflect Full Post-Combination Asset Base
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PEDEVCO Announces Q3 2025 Financial Results and Operations Update
HOUSTON, TX / ACCESS Newswire / November 17, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high grow...
PEDEVCO Announces Closing of Transformative Merger to Become Premier Rockies Operator
HOUSTON, TX / ACCESS Newswire / November 3, 2025 / PEDEVCO Corp. (NYSE American:PED), ("PEDEVCO" or the "Company") announced today that it has merged with certain portfolio companies (the "Portfolio C...
PEDEVCO Announces Q2 2025 Financial Results and Operations Update
HOUSTON, TX / ACCESS Newswire / August 14, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth...
PEDEVCO Announces Appointment of John K. Howie to Board of Directors
HOUSTON, TX / ACCESS Newswire / July 8, 2025 / PEDEVCO Corp. (NYSE American: PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth e...
These Penny Stocks Stand To Gain From Israel-Iran Conflict Induced Volatility In Crude Oil: Analyst
On Friday, a day after Israel launched “Operation Rising Lion” targeting over 100 Iranian nuclear and military sites, Iran retaliated with missile attacks on Israel. The strikes marked the start of wh...
PEDEVCO To Participate In The 2025 Louisiana Energy Conference
HOUSTON, TX / ACCESS Newswire / May 23, 2025 / PEDEVCO Corp. (NYSE American:PED) today announced that the Company will be participating in the 2025 Louisiana Energy Conference on Wednesday, May 28th, ...
PEDEVCO Announces Q1 2025 Financial Results and Operations Update
HOUSTON, TX / ACCESS Newswire / May 15, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth en...
PEDEVCO Announces 2024 Financial Results
HOUSTON, TX / ACCESS Newswire / March 31, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth ...
PEDEVCO Provides Permian Basin Operational Update
HOUSTON, TX / ACCESS Newswire / March 11, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") provided an operational update today on the completion of drilling of four gross (two net) new horizontal...
PEDEVCO to Participate in the 37th Annual ROTH Conference
HOUSTON, TX / ACCESS Newswire / March 10, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that the Company is scheduled to participate in the 37th Annual ROTH Conference to be hel...
PEDEVCO Announces Entry into Joint Development Agreement with Large Private Equity-Backed D-J Basin E&P Company
HOUSTON, TX / ACCESS Newswire / March 3, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that it has entered into a joint development agreement ("Agreement") with a large, Denver,...
PEDEVCO Announces Appointment of New Chief Executive Officer, New Chief Commercial Officer, and Board of Director Changes
HOUSTON, TX / ACCESSWIRE / December 11, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth en...
PEDEVCO Announces Q3 2024 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / November 14, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth en...
PEDEVCO Announces Entry into Participation Agreement and Area of Mutual Interest with Large Private Equity-Backed D-J Basin E&P Company
HOUSTON, TX / ACCESSWIRE / October 1, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that it has entered into a five year Participation Agreement ("PA") and Area of Mutual Intere...
PEDEVCO Announces Closing of $250 Million Reserve Based Lending Facility with Citibank, N.A.
HOUSTON, TX / ACCESSWIRE / September 11, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company") is pleased to announce the successful closing of a new $250 million reserve based lending...
PEDEVCO Announces Q2 2024 Financial Results and Operations Update
HOUSTON, TX / ACCESSWIRE / August 14, 2024 / 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 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 Corp.: Speculative, Unhedged, Oily Micro Cap E&P With Upside Potential
Pedevco Corp. is a micro cap E&P company focused on the DJ Basin and Permian, today announcing solid results from their latest 3 well series in the Permian. The company has a clean balance sheet with ...
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 ...