PE

PEDEVCO CorpNYSE-MKT PED Stock Report

Last reporting period 30 Jun, 2024

Updated 20 Nov, 2024

Last price

Market cap $B

0.083

Micro

Exchange

XASE - Nyse MKT LLC

PED Stock Analysis

PE

Uncovered

PEDEVCO Corp is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

68/100

Moderate score

Market cap $B

0.083

Dividend yield

Shares outstanding

85.79 B

PEDEVCO Corp. is an oil and gas company focused on the acquisition and development of oil and natural gas assets. The Company's properties are located in the San Andres formation of the Permian Basin situated in West Texas and eastern New Mexico (the Permian Basin) and in the Denver-Julesberg Basin (D-J Basin) in Colorado. The Company holds approximately 32,870 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico, through its wholly owned operating subsidiary, Pacific Energy Development Corp. (PEDCO), which is referred to as Permian Basin Asset and approximately 11,580 net D-J Basin acres located in Weld and Morgan Counties, Colorado, through its wholly owned operating subsidiary, Red Hawk Petroleum, LLC (Red Hawk), which is referred to as D-J Basin Asset. The Company holds interests in 385 gross (381 net) wells in its Permian Basin Asset.

View Section: Eyestock Rating