Streetbeat News

PED

PEDEVCO Corp.

https://www.pedevco.com

Industry

Oil & Gas Exploration & Production

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.

Open

0.78

Mkt cap

70M

Volume

108K

High

0.78

P/E Ratio

39.00

52-wk high

1.10

Low

0.74

Div yield

N/A

52-wk low

0.61

PEDEVCO Corp. has appointed J. Douglas Schick as the new CEO and a member of the Board, while also expanding its executive team. These changes are part of the company's strategy to enhance its management and development capabilities.

Portfolio Pulse from

December 11, 2024 | 1:15 pm

Pedevco Corp. (PED) reported Q3 earnings of $0.02 per share, matching the Zacks Consensus Estimate and showing an improvement from $0.01 per share a year ago.

Portfolio Pulse from

November 15, 2024 | 12:00 am

PEDEVCO Corp. reported its Q3 2024 financial results, showing an increase in production to 1,698 BOEPD compared to 1,376 BOEPD in Q3 2023.

Portfolio Pulse from

November 14, 2024 | 9:45 pm

Pedevco Corp. (PED) is expected to show earnings growth in its upcoming Q3 report, but it may not have the right combination of factors to beat earnings expectations.

Portfolio Pulse from

November 07, 2024 | 4:15 pm

PEDEVCO (AMEX:PED) reported Q2 earnings of $0.03 per share, beating the analyst estimate of $0.02. Sales were $11.80 million, surpassing the $9.68 million estimate. Despite the beats, EPS decreased by 25% year-over-year.