Pedevco Corp. PED
- Market cap
- $181.7M
- P/E
- 0.0×
Follow PED
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18.00 | 5.38 | 5.16 | 13.64 | 13.34 | 18.60 | 18.04 | 14.86 | 12.20 | 8.64 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 81.60 | 33.80 | 88.80 | 58.00 | 51.00 | 70.00 | 48.80 | 23.80 | 22.00 | 19.98 |
High Price
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| 6 | 6 | 14 | 16 | 15 | 14 | 14 | 15 | 14 | 25 |
Employees
|
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| 1 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 2 |
Revenue/Emp
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| 4 | 3 | 5 | 13 | 8 | 16 | 30 | 31 | 40 | 46 |
Revenue
|
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| 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
Gross Margin
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| (20) | (36) | 54 | (11) | (33) | (1) | 3 | 2 | 5 | (2) |
EBT
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| (494.43%) | (1,206.30%) | 1,185.21% | (85.58%) | (405.63%) | (8.19%) | 9.47% | 5.52% | 12.74% | (5.04%) |
EBT Margin
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| (20) | (36) | 53 | (11) | (33) | (1) | 3 | 2 | 12 | (10) |
Net Income
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| 11 | 7 | 9 | 11 | 11 | 7 | 11 | 10 | 16 | 18 |
Depreciation
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| 16.24 | 10.31 | 8.10 | 5.07 | 2.23 | 3.97 | 7.02 | 7.07 | 8.86 | 9.91 |
Revenue/Sh
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| (80.00) | (124.40) | 96.00 | (4.40) | (9.00) | (0.40) | 0.60 | 0.39 | 2.76 | (2.25) |
Earnings/Sh
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| (24.45) | (0.81) | (2.68) | 0.65 | 0.00 | 1.49 | 3.74 | 5.40 | 2.86 | 2.33 |
Cash Flow/Sh
|
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| (0.31) | 0.00 | (5.93) | (15.51) | (4.09) | (0.69) | (2.87) | (7.96) | (6.03) | (3.80) |
Capex/Sh
|
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| (24.76) | (0.81) | (8.61) | (14.86) | (4.09) | 0.80 | 0.87 | (2.56) | (3.16) | (1.47) |
Free CF/Sh
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| (8.01) | (127.02) | 30.39 | 41.20 | 20.95 | 22.88 | 22.56 | 23.31 | 25.91 | 44.93 |
Book Value/Sh
|
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| 0 | 0 | 1 | 3 | 4 | 4 | 4 | 4 | 4 | 5 |
Shares
|
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| 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | 0.00 | 42.25 | 42.60 | 5.70 | 0.00 |
PE Ratio
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| 1.34 | 0.62 | 1.87 | 6.55 | 13.53 | 5.34 | 3.08 | 2.21 | 1.76 | 1.13 |
PS Ratio
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| 0.00 | 0.00 | 0.50 | 0.81 | 1.44 | 0.93 | 0.96 | 0.67 | 0.60 | 0.27 |
PB Ratio
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| 15.27 | 22.37 | 9.06 | 4.85 | 12.54 | 3.71 | 2.10 | 1.61 | 1.66 | 2.96 |
EV/Sales
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| (9.86) | (167.39) | (8.50) | (1.65) | (3.69) | 18.36 | 16.88 | (4.45) | (4.65) | (17.33) |
EV/FCF
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| (6) | 0 | (1) | 2 | 0 | 6 | 16 | 23 | 13 | 11 |
Op' Cash Flow
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| 0 | — | (3) | (40) | (15) | (3) | (12) | (35) | (27) | (18) |
Capex
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| (6) | 0 | (5) | (38) | (15) | 3 | 4 | (11) | (14) | (7) |
FCF
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| (2) | (2) | (2) | 12 | 7 | 23 | 15 | 6 | 6 | (27) |
Working Cap'
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| 56 | 66 | 38 | 0 | 0 | 0 | 0 | — | — | 87 |
Total Debt
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| 55 | 66 | 33 | (22) | (8) | (26) | (29) | (19) | (4) | 84 |
Net Debt
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| (2) | (37) | 17 | 106 | 76 | 91 | 96 | 101 | 116 | 207 |
Sh' Equity
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| (32.82%) | (76.42%) | 103.16% | (11.66%) | (32.29%) | (1.46%) | 2.65% | 1.42% | 9.79% | (4.11%) |
ROA
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| (6.64%) | (51.80%) | (11.37%) | (7.67%) | (31.23%) | (1.78%) | 2.45% | 0.93% | 2.64% | (1.69%) |
ROIC
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| (299.96%) | 186.05% | (531.60%) | (18.13%) | (36.09%) | (1.55%) | 3.03% | 1.72% | 11.33% | (6.77%) |
ROE
|
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Pedevco Corp. peers in Oil & Gas E&P
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| EPSN Epsilon Energy Ltd. | $182.6M | 0.0× | Compare |
| AMPY Amplify Energy Corp. | $179.9M | 9.6× | Compare |
| ANNA AleAnna Inc. | $184.7M | 14.3× | Compare |
| SJT San Juan Basin Royalty Trust | $158.5M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| EPM Evolution Petroleum Corporation, Inc. | $145.8M | 0.0× | Compare |
| KGEI Kolibri Global Energy Inc. | $236.6M | 11.8× | Compare |
| GLND Greenland Energy Company | $273.8M | — | Compare |
| FTW Presidio Production Company | $321.4M | — | Compare |
Pedevco Corp. (PED) key facts
- Pedevco Corp. (PED) is an Oil & Gas E&P company in the Energy sector, listed on NYSE American.
- Pedevco Corp.’s revenue for fiscal 2025 (year ended December 2025) was $45.8 million, up 15.7% from fiscal 2024.
- As of September 25, 2026, PED traded at $13.11, a market capitalization of $181.7 million.
- Return on equity was −6.77% and debt-to-equity 0.42.
Pedevco Corp. (PED) Latest News
24 Sep
PEDEVCO Corp. (NYSE American: PED) says Interim President and CEO R.T. Dukes and CFO Robert Long will present at two virtual investor conferences: the Lytham Partners Fall Event (Sept. 29–30, 2026) with a 12:00 p.m. ET presentation on Sept. 29 and one-on-one meetings on Sept. 30; and Noble Capital Markets Emerging Growth Virtual Equity Conference (Oct. 1–2, 2026) with a 10:30 a.m. ET presentation on Oct. 1 and one-on-one meetings that day. Registration and webcast links are provided, with replays posted on PEDEVCO’s investor relations site after each event. The Houston-based company describes itself as acquiring and developing strategic oil and gas assets in the Rocky Mountain region, holding over 300,000 net acres across the D-J Basin and Powder River Basin assets. Investor conference participation tends to yield modest near-term visibility with limited impact on fundamentals.
22 Sep
Shares of Pedevco Corp. (PED) fell 14.5% over the past week but formed a hammer candlestick in the latest session, signaling possible support and a potential trend reversal if bulls regain control. A hammer indicates selling pressure may be subsiding and a bottom could be forming, though it should be used with other indicators due to limitations. On the fundamental side, Wall Street analysts have broadly raised earnings estimates for PED, with the consensus EPS forecast for the current year up about 17.1% over the last 30 days. PED carries a Zacks Rank #2 (Buy), pointing to improving prospects and potential near-term outperformance. The article notes that the hammer pattern’s strength depends on chart placement and advises combining it with other bullish signals. Readers are directed to a broader investment report and a '7 Best Stocks for the Next 30 Days' promotion. Rising earnings expectations and a Buy rating indicate potential upside, but reliance on a hammer pattern and acknowledged limitations cap broader impact.
16 Sep
PEDEVCO Corp. acquired 5,678 net acres in a Wyoming BLM lease sale, expanding its Mowry Shale position. Acreage acquisition expands core shale assets and supports reserve growth without altering company trajectory.
31 Aug
Pedevco Corp. (PED) received a Buy rating upgrade from analysts, pointing to expected gains in stock performance and investor interest. Analyst Buy upgrades typically produce moderate short-term sentiment shifts without altering core company fundamentals.
20 Aug
PEDEVCO (PED) Q2 2026 earnings call transcript covers quarterly financial results, operations update and executive outlook. Earnings call details may shift short-term investor views on PED financial trajectory.
14 Aug
PEDEVCO Corp reported Q2 2026 revenue up 561% after completing its Juniper merger. Juniper merger produced a 561% revenue jump that materially shifts PED's financial position and growth path.
PEDEVCO Corp. reported its Q2 2025 financial results, highlighting a significant increase in revenue and operational efficiency. The company achieved a revenue of $10 million, a 25% increase compared to the previous quarter. Additionally, PEDEVCO provided an update on its ongoing projects, emphasizing successful drilling operations and plans for future expansion. The management expressed optimism about the company's growth trajectory and commitment to enhancing shareholder value. The substantial revenue growth and operational updates indicate a significant positive shift in the company's performance and future prospects.
PEDEVCO Corp. released Q2 2026 earnings call summary detailing quarterly financial results and operations. Quarterly earnings updates typically deliver moderate financial and sentiment effects without guaranteed long-term trajectory shifts.
Pedevco Corp. (PED) released Q2 earnings call highlights covering financial results, operations, and outlook. Q2 earnings details can shift short-term market views without major strategic shifts.
13 Aug
PEDEVCO Corp. reported its second quarter 2026 financial results. Quarterly earnings releases deliver financial metrics that can shift near-term stock sentiment without guaranteeing long-term structural change.
15 May
PEDEVCO Corp. (PED) Q1 2026 earnings call highlights surpassing expectations despite challenges. Surpassing Q1 2026 earnings expectations amid challenges boosts investor sentiment and stock trajectory.
Pedevco Corp. (PED) released Q1 earnings call highlights covering revenue, production volumes, operational costs, and forward guidance for its oil and gas assets. Q1 earnings updates typically deliver moderate short-term effects on valuation and sentiment without guaranteeing structural change.
PEDEVCO Corp. held its Q1 2026 earnings call and reported financial results including revenue, net income, and production volumes along with management outlook on operations and strategy. Quarterly earnings details offer updates on financial performance and operations that can influence near-term investor views without guaranteeing major long-term shifts.
Pedevco Corp. (PED) reported break-even earnings per share for Q1, missing the Zacks Consensus Estimate of $0.02 and showing a decline from $0.01 per share a year ago. The company posted revenues of $8.74 million, falling short of estimates by 4.11%, but up from $8.12 million year-over-year. Pedevco has surpassed consensus EPS estimates only once in the last four quarters and has lost about 17.8% in stock value since the beginning of the year. The current Zacks Rank for the stock is #3 (Hold), indicating expected performance in line with the market. Future earnings estimates are mixed, with the consensus EPS estimate for the next quarter at $0.01 and $0.05 for the current fiscal year. The Oil and Gas - Mechanical and Equipment industry is currently in the bottom 7% of Zacks industries. Mixed earnings outlook and industry ranking suggest a moderate influence on future performance.
PEDEVCO Corp. reported Q1 2025 financial results, producing an average of 1,707 BOEPD, a 15% increase from Q1 2024. Revenue rose to $8.74 million, but operating income fell 76% to $0.15 million due to increased operating expenses of $8.6 million. Net income decreased to $0.1 million, with adjusted EBITDA at $4.3 million, down from $4.7 million in Q1 2024. The company drilled four new horizontal wells in the Permian Basin, with production expected to exceed initial forecasts. PEDEVCO divested 17 low-producing wells to reduce expenses while retaining acreage for future development. The increase in production and revenue, alongside strategic divestitures, indicates a moderately noticeable influence on financial performance.
14 May
Pedevco Corp. (PED) reported first quarter 2026 results. Quarterly earnings reports influence financial performance and investor sentiment but represent routine disclosures.
2 Apr
PEDEVCO Corp. (PED) Q4 2025 earnings call summary highlights quarterly financial results, production updates, operational performance, and management's outlook on oil and gas activities. Quarterly earnings summary affects financial performance and investor sentiment but lacks transformative developments.
1 Apr
PEDEVCO Corp. (PED) reported record EBITDA growth in Q4 2025 earnings call, fueled by strategic expansion in core operations and production increases. Record EBITDA growth combined with strategic expansion positions PED for significant financial and operational improvements.
Pedevco Corp. (PED) Q4 earnings call highlights key financial results, production updates from Permian and DJ Basins, revenue growth, reduced debt, and optimistic 2024 outlook with increased drilling plans. Q4 earnings details affect financial performance and operational outlook but remain balanced by oil market volatility.
31 Mar
PEDEVCO Corp. reported strong financial results for 2024, with average production increasing by 29% to 1,835 BOEPD and revenue rising 28% to $39.6 million. Adjusted EBITDA grew 31% to $22.9 million, while net income surged to $17.8 million, or $0.20 per share, largely due to a $12.8 million tax benefit. Operating expenses increased to $34.8 million, driven by higher production volumes. The company ended the year with $6.6 million in cash and no debt, alongside a $250 million credit facility. PEDEVCO plans to allocate a significant portion of its 2025 capital expenditures to development in the D-J Basin and Permian Basin, aiming to leverage its strong financial position for future growth. Significant financial growth and strategic development plans indicate a likely positive impact on future performance.
PEDEVCO Corp. (PED) reported fourth quarter and full-year 2025 financial results. Quarterly and annual results directly affect financial performance evaluation and investor sentiment.
19 Mar
PEDEVCO Corp. (PED) reports preliminary fourth quarter and full year 2025 results following its transformational merger with Juniper. Transformational Juniper merger represents a major strategic shift likely to significantly alter PED's operations and investor sentiment.
3 Mar
PEDEVCO Corp. (PED) announced a 1-for-20 reverse stock split. Reverse stock split signals potential distress and moderately impacts investor sentiment and short-term market performance.
25 Feb
PEDEVCO Corp. (PED) reported year-end 2025 proved reserves, highlighting its oil and gas asset portfolio. Year-end proved reserves provide key insights into Pedevco's resource base and future production capacity, influencing financial valuations moderately.
17 Nov
PEDEVCO Corp. reported its Q3 2025 financial results, highlighting a significant increase in revenue and operational efficiency. The company achieved a net income of $2 million, a notable improvement from the previous quarter. Additionally, PEDEVCO provided an update on its ongoing projects, emphasizing successful drilling operations and plans for future expansion. The management expressed optimism about the company's growth trajectory and commitment to enhancing shareholder value. The reported financial improvements and operational updates indicate a significant positive shift in the company's performance and future prospects.
4 Nov
PEDEVCO Corp. has successfully completed a transformative merger, positioning itself as a leading operator in the Rockies region. This strategic move is expected to enhance the company's operational capabilities and market presence, allowing for increased efficiency and growth opportunities in the oil and gas sector. The merger significantly alters Pedevco's competitive positioning and operational scale in the Rockies, likely impacting future performance.
3 Nov
PEDEVCO Corp. has successfully completed a transformative merger, positioning itself as a leading operator in the Rockies region. This strategic move is expected to enhance the company's operational capabilities and market presence, aligning with its growth objectives in the energy sector. The merger significantly alters Pedevco's competitive positioning and operational scale in the Rockies, likely impacting future performance.
8 Jul
PEDEVCO Corp. announced the appointment of John K. Howie to its Board of Directors and various committees effective July 7, 2025. Howie brings over 40 years of experience in oil and gas engineering, management, and finance, having held executive roles and founded several companies. His expertise is expected to support the company's growth strategy. Howie expressed his honor in joining the board and confidence in PEDEVCO's management and financial standing. The appointment of an experienced board member may moderately influence the company's strategic direction and operational performance.
7 May
Pedevco Corp. (PED) is under consideration for value investment as analysts evaluate its financial health and market position. The company has shown potential for growth, but investors are advised to weigh risks against possible returns. Key factors influencing investment decisions include recent performance metrics and market conditions. Overall, the stock may appeal to value investors looking for opportunities in the energy sector. Moderate influence is expected due to the company's growth potential and market conditions.
11 Mar
Pedevco Corp. provided an operational update regarding its activities in the Permian Basin, highlighting recent drilling successes and production increases. The company reported improved operational efficiencies and plans for future development projects aimed at enhancing production capabilities. Additionally, Pedevco outlined its strategic focus on optimizing existing assets and expanding its footprint in the region, which is expected to drive growth and shareholder value. Significant operational updates and strategic plans indicate a likely positive shift in the company's future performance.