Pedevco Corp Stock Today
| PED Stock | USD 0.84 0.01 1.18% |
Performance1 of 100
| Odds Of DistressLess than 5
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PEDEVCO Corp is trading at 0.84 as of the 30th of November 2024, a 1.18% down since the beginning of the trading day. The stock's lowest day price was 0.83. PEDEVCO Corp has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for PEDEVCO Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Energy | IPO Date 2nd of May 2003 |
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 had interests in 385 net wells in Permian Basin Asset and 78 net wells in Basin Asset. Pedevco Corp operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. The company has 89.5 M outstanding shares of which 12.91 K shares are at this time shorted by investors with about 0.12 days to cover. More on PEDEVCO Corp
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PEDEVCO Stock Highlights
| CEO | Simon Kukes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsPEDEVCO Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand PEDEVCO Corp's financial leverage. It provides some insight into what part of PEDEVCO Corp's total assets is financed by creditors.
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PEDEVCO Corp (PED) is traded on NYSE MKT Exchange in USA. It is located in Energy Center II, Houston, TX, United States, 77079 and employs 15 people. PEDEVCO Corp is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 74.88 M. PEDEVCO Corp runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 89.5 M outstanding shares of which 12.91 K shares are at this time shorted by investors with about 0.12 days to cover.
PEDEVCO Corp has about 23.06 M in cash with 23.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
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Ownership AllocationPEDEVCO Corp owns a total of 89.5 Million outstanding shares. PEDEVCO Corp holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 71.02 pct. of PEDEVCO Corp outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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PEDEVCO Corp Historical Income Statement
PEDEVCO Stock Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PEDEVCO Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PEDEVCO Corp. If investors know PEDEVCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PEDEVCO Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.659 | Earnings Share 0.02 | Revenue Per Share 0.386 | Quarterly Revenue Growth 0.382 | Return On Assets 0.024 |
The market value of PEDEVCO Corp is measured differently than its book value, which is the value of PEDEVCO that is recorded on the company's balance sheet. Investors also form their own opinion of PEDEVCO Corp's value that differs from its market value or its book value, called intrinsic value, which is PEDEVCO Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PEDEVCO Corp's market value can be influenced by many factors that don't directly affect PEDEVCO Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PEDEVCO Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEDEVCO Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEDEVCO Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.