Skip to Content

PEDEVCO Corp PED

Morningstar Rating
$0.93 −0.02 (2.04%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PED is trading at a 39% discount.
Price
$0.96
Fair Value
$5.97
Uncertainty
Extreme
1-Star Price
$1.45
5-Star Price
$7.76
Economic Moat
Vbxh
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if PED is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$0.95
Day Range
$0.920.95
52-Week Range
$0.641.13
Bid/Ask
$0.92 / $0.94
Market Cap
$83.11 Mil
Volume/Avg
171,742 / 127,188

Key Statistics

Price/Earnings (Normalized)
22.78
Price/Sales
2.68
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

PEDEVCO Corp is an oil and gas company focused on the acquisition and development of oil and natural gas assets in modern drilling and completion techniques and technologies have yet to be applied. The company focuses on legacy proved properties where there is a long production history, well-defined geology and existing infrastructure that can be leveraged when applying modern field management technologies. The current properties of the company 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 and Wyoming.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Growth
Total Number of Employees
15

Comparables

Valuation

Metric
PED
PDCE
VTS
Price/Earnings (Normalized)
22.786.0112.69
Price/Book Value
0.841.451.21
Price/Sales
2.681.682.91
Price/Cash Flow
4.712.814.67
Price/Earnings
PED
PDCE
VTS

Financial Strength

Metric
PED
PDCE
VTS
Quick Ratio
1.290.430.75
Current Ratio
1.300.490.97
Interest Coverage
36.019.00
Quick Ratio
PED
PDCE
VTS

Profitability

Metric
PED
PDCE
VTS
Return on Assets (Normalized)
4.65%13.91%7.53%
Return on Equity (Normalized)
5.26%28.15%9.64%
Return on Invested Capital (Normalized)
4.92%21.43%9.42%
Return on Assets
PED
PDCE
VTS
See how this stock stacks up to its competitors with Morningstar Investor

Oil & Gas E&P Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
COP
ConocoPhillipsSshmsclcsYhqslyb$151.5 Bil
EOG
EOG Resources IncMxhqqpqcrCltfh$77.0 Bil
PXD
Pioneer Natural Resources CoMlyqwpjrsPxfqwd$63.9 Bil
OXY
Occidental Petroleum CorpXyxtxpsvJnf$58.5 Bil
HES
Hess CorpVcwbtrmwcGpfhjy$47.6 Bil
FANG
Diamondback Energy IncJyxfpdcnyXlskxg$36.1 Bil
DVN
Devon Energy CorpBqflvgrxqLlmpbs$32.7 Bil
MRO
Marathon Oil CorpYfdrbrdsNddwz$15.8 Bil
APA
APA CorpRgnmzqfwVswx$12.0 Bil
AR
Antero Resources CorpWsxqmpfFkps$9.2 Bil

Sponsor Center