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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
66,000% upside on tiny biotech? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
66,000% upside on tiny biotech? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
66,000% upside on tiny biotech? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
NYSEAMERICAN:PED

PEDEVCO (PED) Stock Forecast, Price & News

$1.01
+0.01 (+1.00%)
(As of 09/29/2023 ET)
Compare
Today's Range
$0.99
$1.03
50-Day Range
$0.86
$1.08
52-Week Range
$0.80
$1.31
Volume
79,951 shs
Average Volume
147,085 shs
Market Capitalization
$87.91 million
P/E Ratio
33.68
Dividend Yield
N/A
Price Target
$2.40

PEDEVCO MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
137.6% Upside
$2.40 Price Target
Short Interest
Healthy
0.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.50mentions of PEDEVCO in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$36,800 Sold Last Quarter
Proj. Earnings Growth
-50.00%
From $0.12 to $0.06 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars


PED stock logo

About PEDEVCO (NYSEAMERICAN:PED) Stock

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 is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.

PED Price History

PED Stock News Headlines

StockNews.com Begins Coverage on PEDEVCO (NYSEAMERICAN:PED)
This is the #1 Stock to Buy for the AI Tidal Wave
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Evolution Petroleum Is Going Conventional
This is the #1 Stock to Buy for the AI Tidal Wave
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UD1P.BE - PEDEVCO Corp
The Prognosis For Pedevco Corp.
See More Headlines
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PED Company Calendar

Last Earnings
8/15/2023
Today
9/30/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:PED
CIK
N/A
Employees
14
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$2.40
High Stock Price Forecast
$2.40
Low Stock Price Forecast
$2.40
Forecasted Upside/Downside
+137.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$2.84 million
Pretax Margin
11.32%

Debt

Sales & Book Value

Annual Sales
$30.03 million
Cash Flow
$0.17 per share
Book Value
$1.13 per share

Miscellaneous

Free Float
25,155,000
Market Cap
$87.91 million
Optionable
Not Optionable
Beta
1.32
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Key Executives

  • Dr. Simon Gregory Kukes (Age 76)
    CEO & Director
  • Mr. John Douglas Schick (Age 47)
    Pres
    Comp: $394.15k
  • Mr. Paul Anthony Pinkston (Age 56)
    Chief Accounting Officer
    Comp: $194.33k
  • Mr. Clark R. Moore (Age 50)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $385.8k













PED Stock - Frequently Asked Questions

Should I buy or sell PEDEVCO stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PEDEVCO in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PED shares.
View PED analyst ratings
or view top-rated stocks.

What is PEDEVCO's stock price forecast for 2023?

1 Wall Street analysts have issued 1 year price targets for PEDEVCO's shares. Their PED share price forecasts range from $2.40 to $2.40. On average, they expect the company's share price to reach $2.40 in the next twelve months. This suggests a possible upside of 137.6% from the stock's current price.
View analysts price targets for PED
or view top-rated stocks among Wall Street analysts.

How have PED shares performed in 2023?

PEDEVCO's stock was trading at $1.07 on January 1st, 2023. Since then, PED stock has decreased by 5.6% and is now trading at $1.01.
View the best growth stocks for 2023 here
.

Are investors shorting PEDEVCO?

PEDEVCO saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 127,800 shares, an increase of 403.1% from the August 31st total of 25,400 shares. Based on an average daily trading volume, of 103,500 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.7% of the shares of the stock are short sold.
View PEDEVCO's Short Interest
.

How were PEDEVCO's earnings last quarter?

PEDEVCO Corp. (NYSEAMERICAN:PED) issued its quarterly earnings results on Tuesday, August, 15th. The company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. The company earned $10.91 million during the quarter, compared to analyst estimates of $9.48 million. PEDEVCO had a trailing twelve-month return on equity of 3.71% and a net margin of 11.32%.

What other stocks do shareholders of PEDEVCO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PEDEVCO investors own include Imunon (CLSN), Energy Transfer (ET), Zosano Pharma (ZSAN), AbbVie (ABBV), AutoWeb (AUTO), Biopharmx (BPMX) and Ekso Bionics (EKSO).

What is PEDEVCO's stock symbol?

PEDEVCO trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "PED."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is PEDEVCO's stock price today?

One share of PED stock can currently be purchased for approximately $1.01.

How much money does PEDEVCO make?

PEDEVCO (NYSEAMERICAN:PED) has a market capitalization of $87.91 million and generates $30.03 million in revenue each year. The company earns $2.84 million in net income (profit) each year or $0.03 on an earnings per share basis.

How can I contact PEDEVCO?

PEDEVCO's mailing address is 4125 Blackhawk Plaza Cir Ste 201, DANVILLE, CA 94506-4678, United States. The official website for the company is www.pacificenergydevelopment.com. The company can be reached via phone at (713) 221-1768, via email at pr@pacificenergydevelopment.com, or via fax at 925-403-0703.

This page (NYSEAMERICAN:PED) was last updated on 10/1/2023 by MarketBeat.com Staff

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