AMEX:PED

Stock Analysis Report

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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


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

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 more volatile than 90% of US stocks over the past 3 months, typically moving +/- 52% a week.

Volatility Over Time: PED's weekly volatility has increased from 28% to 52% over the past year.


Market Performance


7 Day Return

-6.4%

PED

0.4%

US Oil and Gas

-0.5%

US Market


1 Year Return

-25.8%

PED

-37.6%

US Oil and Gas

18.3%

US Market

Return vs Industry: PED exceeded the US Oil and Gas industry which returned -37.5% over the past year.

Return vs Market: PED underperformed the US Market which returned 19.1% over the past year.


Shareholder returns

PEDIndustryMarket
7 Day-6.4%0.4%-0.5%
30 Day-20.5%12.9%3.6%
90 Day63.6%-1.4%5.6%
1 Year-25.8%-25.8%-33.4%-37.6%21.0%18.3%
3 Year331.4%331.4%-37.0%-45.6%45.2%35.6%
5 Year-33.5%-33.5%-32.4%-45.8%89.8%68.8%

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

Valuation

Is PEDEVCO undervalued compared to its fair value and its price relative to the market?

0.97x

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's PB Ratio (1x) is in line with the US Oil and Gas industry average.


Next Steps

Future Growth

How is PEDEVCO forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

57.8%

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

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 (-29.6%).


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?

2.3yrs

Average management tenure


CEO

Simon Kukes (73 yo)

2.33yrs

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

NamePositionTenureCompensationOwnership
Simon Kukes
CEO & Director2.33yrsno data2.72%
$ 2.6m
John Schick
President2.25yrsUS$250.00k0.36%
$ 341.9k
Paul Pinkston
Chief Accounting Officer and Principal Financial & Accounting Officer1.92yrsUS$140.00k0.16%
$ 151.8k
Clark Moore
Executive VP8.33yrsUS$250.00k0.55%
$ 526.4k

2.3yrs

Average Tenure

50yo

Average Age

Experienced Management: PED's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Kukes
CEO & Director2.33yrsno data2.72%
$ 2.6m
Ivar Siem
Director2.33yrsUS$156.00k0.23%
$ 224.4k
John Scelfo
Independent Chairman2.17yrsUS$109.20k0.21%
$ 197.3k
Harold Evans
Independent Director2.17yrsUS$78.00k0.21%
$ 198.0k

2.3yrs

Average Tenure

72.5yo

Average Age

Experienced Board: PED's board of directors are not considered experienced ( 2.3 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: Insufficient data to determine if insiders have bought more shares than they have sold 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:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$95.652m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PEDAMEX (NYSE MKT LLC)YesCommon StockUSUSDJul 2012
UD1PBST (Boerse-Stuttgart)YesCommon StockDEEURJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/23 00:14
End of Day Share Price2020/11/20 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.