PEDEVCO Corp. (PED)

NYSEAMERICAN: PED · IEX Real-Time Price · USD
0.970
+0.006 (0.67%)
Jul 12, 2024, 4:00 PM EDT - Market closed
0.67%
Market Cap 86.67M
Revenue (ttm) 30.74M
Net Income (ttm) -725,000
Shares Out 89.36M
EPS (ttm) -0.01
PE Ratio n/a
Forward PE 19.21
Dividend n/a
Ex-Dividend Date n/a
Volume 24,265
Open 0.990
Previous Close 0.964
Day's Range 0.940 - 0.990
52-Week Range 0.610 - 1.130
Beta 0.55
Analysts Strong Buy
Price Target 2.38 (+145.36%)
Earnings Date Aug 12, 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]

Sector Energy
CEO Dr. Simon Gregory Kukes
Employees 15
Stock Exchange NYSEAMERICAN
Ticker Symbol PED
Full Company Profile

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 Statements

Analyst 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 145.36% from the latest price.

Price Target
$2.38
(145.36% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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 ...

2 months ago - Accesswire

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...

3 months ago - Accesswire

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...

4 months ago - Accesswire

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 ...

4 months ago - Accesswire

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...

5 months ago - Accesswire

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...

Other symbols: EPM
10 months ago - Accesswire

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...

11 months ago - Accesswire

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...

1 year ago - Accesswire

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 ...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

3 years ago - Accesswire

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...

3 years ago - Accesswire

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...

3 years ago - Accesswire