PEDEVCO (PED) Stock Price, News & Analysis

Company Overview

PEDEVCO (NYSE:PED) is an independent energy company engaged in the acquisition, development and production of onshore oil and natural gas properties in the United States. Headquartered in Houston, Texas, the company focuses on mature, low-decline assets that offer stable cash flow and upside from enhanced recovery and infill drilling programs. Since its inception, PEDEVCO has positioned itself as a nimble operator with a lean organizational structure that emphasizes cost control and operational efficiency.

The company’s primary operating area is the Eagle Ford Shale in South Texas, where it holds working interests in wells targeting both oil and natural gas liquids. PEDEVCO applies its technical expertise to optimize production through activities such as waterflooding, recompletions and the identification of overlooked zones. In addition, the company maintains a modest position in the Permian Basin, where it evaluates strategic bolt-on acquisitions and partnership opportunities to complement its core Eagle Ford footprint.

Originally established in the mid-2010s under a different name, PEDEVCO has grown through a combination of asset transactions and internal development. Management’s disciplined approach to capital allocation has driven steady production growth, while helping the company maintain a conservative balance sheet structure. PEDEVCO’s leadership team is led by Chief Executive Officer Kenneth C. Denholm, whose background includes over two decades of upstream experience across multiple basins, and a board of directors that brings expertise in finance, geology and petroleum engineering.

Looking ahead, PEDEVCO remains focused on maximizing value from its existing asset base and selectively pursuing acquisitions that fit its risk-adjusted return criteria. The company emphasizes environmental stewardship and community engagement in its areas of operation, incorporating best practices in water management, emissions monitoring and land reclamation. As a Small Cap energy producer, PEDEVCO aims to leverage its technical capabilities and low-cost structure to drive sustainable growth for shareholders and stakeholders alike.

Key Stats

• Today's Range: $0.63 to $0.64
• 50-Day Range: $0.53 to $0.76
• 52-Week Range: $0.47 to $1.10
• Volume: 41,331 shs
• Average Volume: 142,063 shs
• Market Capitalization: $58.09 million
• P/E Ratio: 31.77
• Dividend Yield: N/A
• Price Target: $1.63
• Consensus Rating: Buy

PEDEVCO Stock Analysis - MarketRank™

PEDEVCO scored higher than 63% of companies evaluated by MarketBeat, and ranked 121st out of 266 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

PEDEVCO has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

PEDEVCO has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 16.67%

Earnings Growth

Earnings for PEDEVCO are expected to grow by 16.67% in the coming year, from $0.06 to $0.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PEDEVCO is 31.62, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of PEDEVCO is 31.62, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 63.99.

Price to Book Value per Share Ratio

PEDEVCO has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PED.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

PEDEVCO does not currently pay a dividend.

Dividend Growth

PEDEVCO does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PED.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for PEDEVCO this week, compared to 0 articles on an average week.

Search Interest

Only 5 people have searched for PED on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, PEDEVCO insiders have not sold or bought any company stock.

Percentage Held by Insiders

70.60% of the stock of PEDEVCO is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.26% of the stock of PEDEVCO is held by institutions.

PED Stock Analysis - Frequently Asked Questions

How have PED shares performed this year?

PEDEVCO's stock was trading at $0.7780 at the start of the year. Since then, PED stock has decreased by 18.8% and is now trading at $0.6320.

How were PEDEVCO's earnings last quarter?

PEDEVCO Corp. (NYSE:PED) released its earnings results on Wednesday, August, 14th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The company had revenue of $11.81 million for the quarter, compared to analyst estimates of $9.05 million. PEDEVCO had a net margin of 6.57% and a trailing twelve-month return on equity of 1.58%.

How do I buy shares of PEDEVCO?

Shares of PED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of PEDEVCO own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PEDEVCO investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Bakkt (BKKT) and Castor Maritime (CTRM).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 7/14/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:PED
• CIK: 1141197
• Web: www.pedevco.com
• Phone: 713-221-1768
• Fax: 925-403-0703
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Price Target for PEDEVCO: $1.63
• High Price Target: $1.75
• Low Price Target: $1.50
• Potential Upside/Downside: +157.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.19
• Trailing P/E Ratio: 31.62
• Forward P/E Ratio: 10.53
• P/E Growth: N/A
• Net Income: $260 thousand
• Net Margins: 6.57%
• Pretax Margin: 6.57%
• Return on Equity: 1.58%
• Return on Assets: 1.39%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.10
• Quick Ratio: 2.10

Sales & Book Value

• Annual Sales: $40.17 million
• Price / Sales: 1.44
• Cash Flow: $0.10 per share
• Price / Cash Flow: 6.21
• Book Value: $1.13 per share
• Price / Book: 0.56

Miscellaneous

• Outstanding Shares: 91,339,000
• Free Float: 26,312,000
• Market Cap: $57.73 million
• Optionable: Not Optionable
• Beta: 0.41