PEDEVCO Corp. (PED) is a publicly traded company in the Energy — Oil & Gas Exploration & Production industry listed on AMEX. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
PEDEVCO Corp. is an oil and gas company primarily engaged in the acquisition, development, and production of hydrocarbon resources throughout the United States. As of December 31, 2021, the company owned approximately 32,870 net acres in New Mexico's Permian Basin (specifically Chaves and Roosevelt Counties) and about 11,580 net acres in Colorado's Denver-Julesberg (D-J) Basin (spanning Weld and Morgan Counties).
Analysis Summary
PEDEVCO Corp. reported revenue of $45.8M in the most recent fiscal year, growing at a 5-year CAGR of 41.5%.
Trailing-twelve-month margins: gross margin 40.8%, operating margin 14.2%, net margin -14.6%.
At the current price of $15.49, PED has negative trailing earnings (P/E not meaningful) and an ROE of -9.65%. Market capitalisation stands at $206M.
Balance sheet quality for PED: current ratio of 0.6, net cash position of $3.0M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Price
| Price | $15.49 |
| Market Cap | $206M |
| Exchange | AMEX |
| Country | US |
Valuation Ratios
| Price / Book | 1.05 |
| EV / EBITDA | 13.19 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | -9.65% |
| Return on Invested Capital | 5.34% |
| Return on Assets | -4.73% |
| Gross Margin | 40.77% |
| Operating Margin | 14.17% |
| Net Margin | -14.61% |
Financial Health
| Debt / Equity | 0.42 |
| Current Ratio | 0.78 |
What to look at in Energy companies
- FCF yield (>8%) — Cash generated / market cap. In energy FCF beats EPS.
- ROIC 5y avg (>=10%) — Include good and bad years to filter the truly disciplined.
- Positive FCF in 8 of last 10y (>=8/10) — Disciplined names (XOM, CVX, EOG) survive 2014-16 and 2020 crashes.
- Dividend coverage (FCF / div) (>=1.2x) — Dividend covered by FCF, not borrowed. <1x = likely cut.
- Net Debt / EBITDA (<2x at peak) — Look at it with trough EBITDA, not the peak.
- Capex / Revenue (10-20% healthy) — Energy needs aggressive reinvestment to maintain reserves.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| PED | PEDEVCO Corp. | $206M | 1.05 | -9.6% | |
| 0QZA.L | ConocoPhillips | $164.1B | 18.11 | 2.54 | 14.3% |
| COP | ConocoPhillips | $161.5B | 17.48 | 2.45 | 14.3% |
| CNQ.TO | Canadian Natural Resources Limited | $146.2B | |||
| CNQ | Canadian Natural Resources Limited | $104.4B | 12.05 | 3.03 | 26.7% |
| 0IDR.L | EOG Resources, Inc. | $78.1B | 11.63 | 1.94 | 16.7% |
| EOG | EOG Resources, Inc. | $77.2B | 11.42 | 2.44 | 22.4% |
| 0KAK.L | Occidental Petroleum Corporation | $59.7B |
Price Performance
| 1 month | +27.81% |
| 3 months | +32.28% |
| Year-to-date | +38.30% |
| 1 year | +28.87% |
| 3 years | -28.29% |
| 5 years | -47.31% |
52-Week Range
| 52-week High | $18.89 |
| 52-week Low | $8.64 |
| Avg Volume (90d) | 37K |
Related companies: BATL · BEEM · DWSN · INDO · MAXN · RCON · SMXT
Explore sector: Energy · Oil & Gas Exploration & Production
More sections of PED: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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