PEDEVCO Corp. (PED)

Market Cap	62.65M
Revenue (ttm)	35.72M
Net Income (ttm)	2.35M
Shares Out	89.50M
EPS (ttm)	0.02
PE Ratio	28.79
Forward PE	20.00
Dividend	n/a
Ex-Dividend Date	n/a

Volume	60,783
Open	0.7100
Previous Close	0.7200
Day's Range	0.6901 - 0.7200
52-Week Range	0.6900 - 1.1000
Beta	0.35
Analysts	Strong Buy
Price Target	1.83 (+161.43%)
Earnings Date	May 14, 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. 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.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• CEO: John Schick
• Employees: 15
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: PED
• Website: https://www.pedevco.com

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%.

Analyst Forecast

According to 3 analysts, the average rating for PED stock is "Strong Buy." The 12-month stock price forecast is $1.83, which is an increase of 161.43% from the latest price.

Price Target

$1.83

(161.43% upside)

Analyst Consensus: Strong Buy