PEDEVCO (PED) Competitors

$0.97
+0.04 (+4.30%)
(As of 04/24/2024 ET)

PED vs. BATL, MVO, PRT, PVL, EPSN, PHX, INDO, USEG, BRN, and MXC

Should you be buying PEDEVCO stock or one of its competitors? The main competitors of PEDEVCO include Battalion Oil (BATL), MV Oil Trust (MVO), PermRock Royalty Trust (PRT), Permianville Royalty Trust (PVL), Epsilon Energy (EPSN), PHX Minerals (PHX), Indonesia Energy (INDO), U.S. Energy (USEG), Barnwell Industries (BRN), and Mexco Energy (MXC). These companies are all part of the "crude petroleum & natural gas" industry.

PEDEVCO vs.

Battalion Oil (NYSE:BATL) and PEDEVCO (NYSE:PED) are both small-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, dividends, community ranking, earnings, media sentiment and risk.

PEDEVCO has lower revenue, but higher earnings than Battalion Oil. Battalion Oil is trading at a lower price-to-earnings ratio than PEDEVCO, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Battalion Oil$220.76M0.38-$3.05M-$0.94-5.44
PEDEVCO$30.78M2.82$260K$0.0248.52

Battalion Oil has a beta of 0.97, indicating that its stock price is 3% less volatile than the S&P 500. Comparatively, PEDEVCO has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500.

Battalion Oil presently has a consensus target price of $18.60, indicating a potential upside of 263.99%. Given PEDEVCO's higher probable upside, equities analysts clearly believe Battalion Oil is more favorable than PEDEVCO.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Battalion Oil
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
PEDEVCO
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

PEDEVCO has a net margin of 6.97% compared to PEDEVCO's net margin of -1.38%. Battalion Oil's return on equity of 2.31% beat PEDEVCO's return on equity.

Company Net Margins Return on Equity Return on Assets
Battalion Oil-1.38% -32.62% -5.57%
PEDEVCO 6.97%2.31%2.07%

86.0% of Battalion Oil shares are owned by institutional investors. Comparatively, 3.3% of PEDEVCO shares are owned by institutional investors. 56.9% of Battalion Oil shares are owned by company insiders. Comparatively, 71.1% of PEDEVCO shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, PEDEVCO had 1 more articles in the media than Battalion Oil. MarketBeat recorded 2 mentions for PEDEVCO and 1 mentions for Battalion Oil. PEDEVCO's average media sentiment score of 0.00 equaled Battalion Oil'saverage media sentiment score.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Battalion Oil
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
PEDEVCO
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Battalion Oil received 1 more outperform votes than PEDEVCO when rated by MarketBeat users. Likewise, 16.67% of users gave Battalion Oil an outperform vote while only 0.00% of users gave PEDEVCO an outperform vote.

CompanyUnderperformOutperform
Battalion OilOutperform Votes
1
16.67%
Underperform Votes
5
83.33%
PEDEVCOOutperform Votes
No Votes
Underperform Votes
27
100.00%

Summary

PEDEVCO beats Battalion Oil on 9 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PED and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PED vs. The Competition

MetricPEDEVCOCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$83.11M$8.99B$8.07B$17.42B
Dividend YieldN/A17.43%11.43%3.55%
P/E Ratio48.527.9119.5422.89
Price / Sales2.825.5695.9910.54
Price / Cash7.226.8610.9417.68
Price / Book0.861.993.454.91
Net Income$260,000.00$1.23B$986.80M$964.49M
7 Day Performance4.29%1.88%1.62%2.27%
1 Month Performance25.63%4.89%2.34%-2.07%
1 Year PerformanceN/A15.61%6.58%91.79%

PEDEVCO Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BATL
Battalion Oil
0 of 5 stars
$5.42
+2.3%
$18.60
+243.2%
-28.5%$89.20M$220.76M-5.7763Negative News
MVO
MV Oil Trust
0 of 5 stars
$9.47
-4.6%
N/A-21.6%$108.91M$18.07M6.44N/APositive News
PRT
PermRock Royalty Trust
2.6358 of 5 stars
$4.07
-0.5%
N/A-38.1%$49.52M$7.19M7.982,020Dividend Increase
Positive News
PVL
Permianville Royalty Trust
0 of 5 stars
$1.46
-2.7%
N/A-43.3%$48.18M$45.21M3.402,020News Coverage
EPSN
Epsilon Energy
1.5555 of 5 stars
$5.27
-2.4%
N/A+4.9%$115.47M$30.73M17.0010Positive News
PHX
PHX Minerals
4.6748 of 5 stars
$3.20
-0.9%
$5.20
+62.5%
+33.7%$119.87M$44.46M8.2120
INDO
Indonesia Energy
0 of 5 stars
$3.79
-19.2%
N/A-9.1%$38.66M$4.10M0.0030Gap Up
USEG
U.S. Energy
0 of 5 stars
$1.27
-0.8%
N/A-11.0%$32.17M$32.32M-0.9939Analyst Report
News Coverage
Gap Up
High Trading Volume
BRN
Barnwell Industries
0 of 5 stars
$2.79
+2.2%
N/A+1.7%$27.45M$23.91M-10.3336Analyst Report
News Coverage
High Trading Volume
MXC
Mexco Energy
0 of 5 stars
$12.77
-17.0%
N/A+4.0%$26.79M$7.01M14.193Gap Up
High Trading Volume

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This page (NYSE:PED) was last updated on 4/25/2024 by MarketBeat.com Staff

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