PEDEVCO Corp.
General ticker "PED" information:
- Sector: Energy
- Industry: Oil & Gas Exploration & Production
- Capitalization: $60.4M (TTM average)
PEDEVCO Corp. does not follow the US Stock Market performance with the rate: -3.8%.
Estimated limits based on current volatility of 3.7%: low 0.53$, high 0.57$
Factors to consider:
- Total employees count: 14 as of 2022
- Top business risk factors: Oil and gas price volatility, Economic downturns and volatility, Pandemic risks, Insufficient funding, Geographic concentration in permian basin
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [0.53$, 1.04$]
- 2025-12-31 to 2026-12-31 estimated range: [0.56$, 1.10$]
Financial Metrics affecting the PED estimates:
- Positive: with PPE of 4.0 at the end of fiscal year the price was very low
- Positive: 7.54 < Operating profit margin, % of 11.93
- Positive: Operating cash flow per share per price, % of 19.17 > 12.91
- Positive: Industry operating cash flow per share per price (median), % of 18.21 > 10.14
- Positive: Return on assets ratio (scaled to [-100,100]) of 11.73 > 6.04
- Negative: Shareholder equity ratio, % of 90.48 > 64.17
- Positive: 2.95 < Industry operating profit margin (median), % of 7.54
Short-term PED quotes
Long-term PED plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $30.03MM | $26.52MM | $39.55MM |
| Operating Expenses | $27.40MM | $26.71MM | $34.84MM |
| Operating Income | $2.63MM | $-0.20MM | $4.72MM |
| Non-Operating Income | $0.21MM | $0.46MM | $0.32MM |
| Income(Loss) | $2.84MM | $0.26MM | $5.04MM |
| Taxes | $0.00MM | $0.00MM | $-12.75MM |
| Profit(Loss)* | $2.84MM | $0.26MM | $17.79MM |
| Stockholders Equity | $96.46MM | $98.77MM | $121.10MM |
| Assets | $116.11MM | $120.06MM | $133.84MM |
| Operating Cash Flow | $15.98MM | $23.48MM | $12.77MM |
| Capital expenditure | $12.25MM | $0.04MM | $0.17MM |
| Investing Cash Flow | $-12.27MM | $-35.74MM | $-26.87MM |
| Financing Cash Flow | $0.04MM | $0.00MM | $0.00MM |
| Earnings Per Share** | $0.03 | $0.00 | $0.20 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.