PEDEVCO
Market Cap
US$103.6m
Last Updated
2021/01/21 23:49 UTC
Data Sources
Company Financials
Executive Summary
PEDEVCO Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas assets in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and overvalued.
Share Price & News
How has PEDEVCO's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PED is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: PED's weekly volatility has decreased from 28% to 11% over the past year.
Market Performance
7 Day Return
0%
PED
-4.8%
US Oil and Gas
1.4%
US Market
1 Year Return
-11.4%
PED
-25.3%
US Oil and Gas
22.6%
US Market
Return vs Industry: PED exceeded the US Oil and Gas industry which returned -23.1% over the past year.
Return vs Market: PED underperformed the US Market which returned 22.8% over the past year.
Shareholder returns
| PED | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -4.8% | 1.4% |
| 30 Day | 23.3% | 12.2% | 4.9% |
| 90 Day | -13.9% | 35.4% | 14.6% |
| 1 Year | -11.4%-11.4% | -20.3%-25.3% | 25.4%22.6% |
| 3 Year | 329.4%329.4% | -33.6%-42.5% | 46.8%37.0% |
| 5 Year | -47.0%-47.0% | -3.1%-21.8% | 132.0%106.1% |
Long-Term Price Volatility Vs. Market
How volatile is PEDEVCO's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Did You Miss PEDEVCO's (NYSEMKT:PED) Impressive 255% Share Price Gain?4 months ago | Simply Wall St
Here's How Much PEDEVCO (NYSEMKT:PED) Has Returned To Its Shareholders Over The Past Three Years7 months ago | Simply Wall St
We're A Little Worried About PEDEVCO's (NYSEMKT:PED) Cash Burn RateValuation
Is PEDEVCO undervalued compared to its fair value and its price relative to the market?
1.05x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PED's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PED's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PED is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: PED is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PED's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PED is good value based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (1.2x).
Next Steps
Future Growth
How is PEDEVCO forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
52.0%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PEDEVCO has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine PEDEVCO's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- PEDEVCO competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has PEDEVCO performed over the past 5 years?
23.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PED is currently unprofitable.
Growing Profit Margin: PED is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PED is unprofitable, but has reduced losses over the past 5 years at a rate of 23.5% per year.
Accelerating Growth: Unable to compare PED's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PED is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-32.7%).
Return on Equity
High ROE: PED has a negative Return on Equity (-11.22%), as it is currently unprofitable.
Next Steps
Financial Health
How is PEDEVCO's financial position?
Financial Position Analysis
Short Term Liabilities: PED's short term assets ($9.5M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: PED's short term assets ($9.5M) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: PED's debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: PED's debt to equity ratio has reduced from 195.7% to 0.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PED has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PED has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.1% each year
Next Steps
Dividend
What is PEDEVCO current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PED's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PED's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PED's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PED's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PED's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Simon Kukes (73 yo)
2.5yrs
Tenure
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 |
|---|---|---|---|---|
| CEO & Director | 2.5yrs | no data | 2.72% $ 2.8m | |
| President | 2.42yrs | US$250.00k | 0.31% $ 318.0k | |
| Chief Accounting Officer and Principal Financial & Accounting Officer | 2.08yrs | US$140.00k | 0.14% $ 143.0k | |
| Executive VP | 8.5yrs | US$250.00k | 0.40% $ 416.0k |
2.5yrs
Average Tenure
50yo
Average Age
Experienced Management: PED's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.5yrs | no data | 2.72% $ 2.8m | |
| Director | 2.5yrs | US$156.00k | 0.23% $ 243.1k | |
| Independent Chairman | 2.33yrs | US$109.20k | 0.21% $ 213.8k | |
| Independent Director | 2.33yrs | US$78.00k | 0.21% $ 214.5k |
2.4yrs
Average Tenure
72.5yo
Average Age
Experienced Board: PED's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PED insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Top Shareholders
Company Information
PEDEVCO Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: PEDEVCO Corp.
- Ticker: PED
- Exchange: AMEX
- Founded: NaN
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$103.623m
- Shares outstanding: 72.46m
- Website: https://www.pedevco.com
Number of Employees
Location
- PEDEVCO Corp.
- Energy Center II
- Suite 210
- Houston
- Texas
- 77079
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PED | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Jul 2012 |
| UD1P | BST (Boerse-Stuttgart) | Yes | Common Stock | DE | EUR | Jul 2012 |
Biography
PEDEVCO Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas assets in the United States. As of December 31, 2018, the company held approximately 23...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 23:49 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.