PEDEVCO Management

Management criteria checks 4/4

PEDEVCO's CEO is Simon Kukes, appointed in Jul 2018, has a tenure of 6.17 years. directly owns 66.49% of the company’s shares, worth $53.43M. The average tenure of the management team and the board of directors is 6.1 years and 6.2 years respectively.

Key information

Simon Kukes

Chief executive officer

US$436.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	6.2yrs
CEO ownership	66.5%
Management average tenure	6.1yrs
Board average tenure	6.2yrs

Recent management updates

Recent updates

Did You Miss PEDEVCO's (NYSEMKT:PED) Impressive 255% Share Price Gain?

Dec 21

CEO

Simon Kukes (77 yo)

6.2yrs

Tenure

US$436,000

Compensation

Dr. Simon Gregory Kukes has been Chief Executive Officer and Director of PEDEVCO Corp. since July 12, 2018. Dr. Kukes was the CEO at ZAO Samara-Nafta, a Russian oil company, Partnering with Hess Corporatio...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Simon Kukes	CEO & Director	6.2yrs	US$436.00k	66.49% $ 53.4m
John Schick	President	6.1yrs	US$787.09k	1.41% $ 1.1m
Paul Pinkston	Chief Accounting Officer	5.8yrs	US$426.82k	0.84% $ 674.7k
Clark Moore	Executive VP	12.2yrs	US$724.80k	1.02% $ 817.4k

6.1yrs

Average Tenure

54yo

Average Age

Experienced Management: PED's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Simon Kukes	CEO & Director	6.2yrs	US$436.00k	66.49% $ 53.4m
John Scelfo	Independent Chairman	6.2yrs	US$118.88k	0.53% $ 427.0k
Harold Evans	Independent Director	6yrs	US$80.84k	0.52% $ 414.0k

6.2yrs

Average Tenure

76yo

Average Age

Experienced Board: PED's board of directors are considered experienced (6.2 years average tenure).

PEDEVCO Management

Management criteria checks 4/4

Key information

Recent management updates

PEDEVCO Corp., Annual General Meeting, Aug 29, 2024

PEDEVCO Corp. Announces Demise of Ivar Siem, Director

PEDEVCO Corp., Annual General Meeting, Aug 31, 2023

CEO & Director recently bought US$117k worth of stock

CEO & Director recently bought US$247k worth of stock

CEO & Director recently bought US$216k worth of stock

Recent updates

Consensus EPS estimates increase by 27%

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 12% to US$2.05

PEDEVCO Corp., Annual General Meeting, Aug 29, 2024

First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

PEDEVCO Corp. Provides Update on New Permian Basin Wells

Consensus revenue estimates fall by 10%

Full year 2023 earnings released: EPS: US$0.003 (vs US$0.033 in FY 2022)

Consensus EPS estimates fall by 17%

Consensus EPS estimates increase by 20%

Consensus EPS estimates fall by 18%

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Consensus revenue estimates increase by 11%

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

PEDEVCO Corp. Announces Demise of Ivar Siem, Director

PEDEVCO Corp., Annual General Meeting, Aug 31, 2023

CEO & Director recently bought US$117k worth of stock

First quarter 2023 earnings: EPS in line with expectations, revenues disappoint

CEO & Director recently bought US$247k worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 42%

CEO & Director recently bought US$216k worth of stock

CEO & Director recently bought US$110k worth of stock

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to US$2.28

Insufficient new directors

Investor sentiment improved over the past week

CEO & Director recently bought US$210k worth of stock

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

PEDEVCO Corp., Annual General Meeting, Aug 25, 2022

CEO & Director recently bought US$508k worth of stock

CEO & Director recently bought US$237k worth of stock

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Price target increased to US$2.28

Insufficient new directors

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

PEDEVCO Corp. (NYSEAM:PED) acquired Certain Additional D-J Basin Assets Located in Weld County, Colorado.

CEO & Director recently bought US$211k worth of stock

CEO & Director recently bought US$212k worth of stock

Third quarter 2021 earnings released: US$0.004 loss per share (vs US$0.032 loss in 3Q 2020)

Insufficient new directors

Insufficient new directors

President recently sold US$105k worth of stock

CEO & Director recently bought US$235k worth of stock

Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.038 loss in 2Q 2020)

Executive VP recently sold US$72k worth of stock

First quarter 2021 earnings released: EPS US$0.009 (vs US$0.059 loss in 1Q 2020)

Insider recently sold US$100k worth of stock

Full year 2020 earnings released: US$0.45 loss per share (vs US$0.22 loss in FY 2019)

Insider recently sold US$514k worth of stock

PEDEVCO Corp. has completed a Follow-on Equity Offering in the amount of $7.785 million.

New 90-day high: US$2.89

Insider recently sold US$434k worth of stock

Did You Miss PEDEVCO's (NYSEMKT:PED) Impressive 255% Share Price Gain?

Third quarter 2020 earnings released: US$0.032 loss per share

PEDEVCO Corp. (AMEX:PED) made an offer to acquire SandRidge Permian Trust (OTCPK:PERS) from Avalon Energy, LLC, Montare Resources I, LLC and others for $28.1 million

PEDEVCO Corp. (AMEX:PED) entered into a non-binding indication of interest to acquire all of the assets of Avalon Energy and 25% stake in SandRidge Permian Trust (NYSE : PER) from Avalon Energy LLC.

New 90-day high - US$2.11

PEDEVCO Corp.(AMEX:PED) dropped from Russell Microcap Growth Index

PEDEVCO Corp.(AMEX:PED) dropped from Russell Microcap Value Index

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure