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DOW   33,761.05
QQQ   330.39
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Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NYSEAMERICAN:PED

PEDEVCO - PED Stock Forecast, Price & News

$1.24
+0.07 (+5.98%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$1.16
$1.28
50-Day Range
N/A
52-Week Range
$0.93
$2.44
Volume
410,225 shs
Average Volume
971,304 shs
Market Capitalization
$106.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.95

PEDEVCO MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
57.3% Upside
$1.95 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$490,000 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

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

2.22 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. As of December 31, 2021, the company held approximately 32,870 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico; and approximately 11,580 net Denver-Julesberg (D-J) Basin acres located in Weld and Morgan Counties, Colorado. It had interests in 385 net wells in Permian Basin Asset; and 78 net wells in (D-J) Basin Asset. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.

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PED Stock News Headlines

PEDEVCO Corp. (NYSEAMERICAN:PED) Short Interest Update
PEDEVCO Corp. (PED)
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PED Company Calendar

Last Earnings
5/16/2022
Today
8/14/2022
Next Earnings (Estimated)
8/15/2022
Fiscal Year End
12/31/2022

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
$1.95
High Stock Price Forecast
$1.95
Low Stock Price Forecast
$1.95
Forecasted Upside/Downside
+57.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-32,690,000.00
Net Margins
-172.08%
Pretax Margin
-172.08%

Debt

Sales & Book Value

Annual Sales
$8.06 million
Book Value
$1.04 per share

Miscellaneous

Free Float
25,010,000
Market Cap
$106.08 million
Optionable
Not Optionable
Beta
0.96














PED Stock - Frequently Asked Questions

Should I buy or sell PEDEVCO stock right now?

1 Wall Street research 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 research 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 2022?

1 brokers have issued 12-month target prices for PEDEVCO's shares. Their PED share price forecasts range from $1.95 to $1.95. On average, they expect the company's stock price to reach $1.95 in the next twelve months. This suggests a possible upside of 57.3% 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 2022?

PEDEVCO's stock was trading at $1.16 at the beginning of 2022. Since then, PED shares have increased by 6.9% and is now trading at $1.24.
View the best growth stocks for 2022 here
.

Are investors shorting PEDEVCO?

PEDEVCO saw a increase in short interest in July. As of July 15th, there was short interest totaling 368,500 shares, an increase of 25.6% from the June 30th total of 293,500 shares. Based on an average trading volume of 829,300 shares, the short-interest ratio is currently 0.4 days. Approximately 1.4% of the shares of the stock are sold short.
View PEDEVCO's Short Interest
.

When is PEDEVCO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our PED earnings forecast
.

How were PEDEVCO's earnings last quarter?

PEDEVCO Corp. (NYSEAMERICAN:PED) announced its earnings results on Monday, May, 16th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.02. The firm had revenue of $7.09 million for the quarter, compared to analysts' expectations of $6.63 million. PEDEVCO had a negative trailing twelve-month return on equity of 4.68% and a negative net margin of 172.08%.

What other stocks do shareholders of PEDEVCO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PEDEVCO investors own include Celsion (CLSN), CEL-SCI (CVM), Energy Transfer (ET), TransEnterix (TRXC), Zosano Pharma (ZSAN), AbbVie (ABBV), Ampio Pharmaceuticals (AMPE), 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."

Who are PEDEVCO's major shareholders?

PEDEVCO's stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.58%) and Northern Trust Corp (0.05%). Insiders that own company stock include Harold Douglas Evans, Ivar Siem, John Douglas Schick, John J Scelfo, Moore Clark, Paul Anthony Pinkston, Simon G Kukes and Viktor Tkachev.
View institutional ownership trends
.

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 $1.24.

How much money does PEDEVCO make?

PEDEVCO (NYSEAMERICAN:PED) has a market capitalization of $106.08 million and generates $8.06 million in revenue each year. The company earns $-32,690,000.00 in net income (profit) each year or ($0.31) 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 8/14/2022 by MarketBeat.com Staff

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