PEDEVCO Corp Financials

PED Stock  USD 0.89  0.01  1.14%   
Based on the analysis of PEDEVCO Corp's profitability, liquidity, and operating efficiency, PEDEVCO Corp may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At present, PEDEVCO Corp's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 19.8 M, whereas Net Debt is projected to grow to (17.3 M). Key indicators impacting PEDEVCO Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.141.302
Fairly Down
Slightly volatile
The essential information of the day-to-day investment outlook for PEDEVCO Corp includes many different criteria found on its balance sheet. An individual investor should monitor PEDEVCO Corp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in PEDEVCO Corp.

Net Income

277,200

  
Understanding current and past PEDEVCO Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of PEDEVCO Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in PEDEVCO Corp's assets may result in an increase in income on the income statement.
Please note, the presentation of PEDEVCO Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PEDEVCO Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of PEDEVCO Corp's management manipulating its earnings.

PEDEVCO Corp Stock Summary

PEDEVCO Corp competes with Gran Tierra, Permian Resources, PermRock Royalty, MV Oil, and San Juan. PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It had interests in 385 net wells in Permian Basin Asset and 78 net wells in Basin Asset. Pedevco Corp operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 14 people.
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS70532Y3036
CUSIP70532Y303 70532Y204 093440105 70532Y105
LocationTexas; U.S.A
Business AddressEnergy Center II,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.pedevco.com
Phone713 221 1768
CurrencyUSD - US Dollar

PEDEVCO Corp Key Financial Ratios

PEDEVCO Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets122.9M79.6M98.2M116.1M120.1M126.1M
Other Current Liab3.0M1.4M2.3M15.2M12.2M12.8M
Net Debt(22.0M)(7.4M)(25.7M)(29.3M)(18.2M)(17.3M)
Retained Earnings(95.6M)(128.3M)(129.6M)(126.7M)(126.5M)(120.2M)
Cash22.4M8.0M25.9M29.4M18.5M19.4M
Total Liab17.4M3.9M6.7M19.7M21.3M22.3M
Total Current Assets27.1M8.8M28.0M32.1M24.6M25.8M
Short Term Debt97K393K228K162K89K84.6K
Common Stock71K72K84K86K87K51.4K
Accounts Payable12.1M212K2.6M1.6M6.6M6.9M
Other Current Assets73K132K652K498K260K247K
Other Liab1.9M1.7M1.5M2.7M3.1M1.7M
Net Tangible Assets105.5M75.6M91.5M96.5M110.9M116.5M
Other Assets238K3.6M3.5M3.8M3.4M2.3M
Capital Surpluse201.0M203.9M221.0M223.1M256.6M149.5M
Net Invested Capital105.5M76.0M91.5M96.5M98.8M87.0M

PEDEVCO Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense824K2K1K214K246.1K233.8K
Total Revenue13.0M8.1M15.9M30.0M30.8M32.3M
Gross Profit(4.9M)(7.7M)2.5M8.5M10.1M10.6M
Operating Income(10.2M)(33.8M)(3.5M)2.6M4.1M4.3M
Ebit(10.2M)(32.7M)(1.3M)2.6M4.1M4.3M
Ebitda(250K)(21.3M)6.2M13.9M15.0M15.8M
Income Before Tax(11.1M)(32.7M)(1.3M)2.8M264K277.2K
Net Income(11.8M)(33.8M)(1.5M)2.8M264K277.2K
Income Tax Expense718K1.1M181K(214K)10.8M11.3M
Cost Of Revenue17.8M15.8M13.3M21.6M20.7M21.7M
Non Recurring19.0M47K606K19.4M22.3M23.4M
Interest Income769K40K15K117K349K331.6K
Net Interest Income(769K)38K14K117K349K366.5K

PEDEVCO Corp Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash19.9M(14.4M)17.9M3.8M(10.9M)(10.4M)
Free Cash Flow468K(14.8M)5.9M3.7M(11.5M)(10.9M)
Depreciation11.1M11.4M7.5M11.3M11.0M11.5M
Capital Expenditures1.2M14.8M35K12.3M35.0M36.7M
Net Income(11.1M)(32.7M)(1.3M)2.8M264K277.2K
End Period Cash Flow25.7M11.3M29.2M33.0M18.5M19.4M
Other Non Cash Items161K19.4M(2.2M)25.4M31.7M33.2M
Investments(39.7M)(14.8M)(2.8M)(12.3M)(28.5M)(27.1M)
Change Receivables(541K)(3.8M)3.9M1.1M1.3M1.4M
Net Borrowings(37K)30.5M15M370K425.5K404.2K
Change To Netincome(69.4M)517K2.8M273K245.7K258.0K

PEDEVCO Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining PEDEVCO Corp's current stock value. Our valuation model uses many indicators to compare PEDEVCO Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PEDEVCO Corp competition to find correlations between indicators driving PEDEVCO Corp's intrinsic value. More Info.
PEDEVCO Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  6.32  of Return On Asset per Return On Equity. At present, PEDEVCO Corp's Return On Equity is projected to drop based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value PEDEVCO Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

PEDEVCO Corp Systematic Risk

PEDEVCO Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PEDEVCO Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on PEDEVCO Corp correlated with the market. If Beta is less than 0 PEDEVCO Corp generally moves in the opposite direction as compared to the market. If PEDEVCO Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PEDEVCO Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PEDEVCO Corp is generally in the same direction as the market. If Beta > 1 PEDEVCO Corp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in PEDEVCO Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various PEDEVCO Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of PEDEVCO Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.65)

At present, PEDEVCO Corp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

PEDEVCO Corp November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of PEDEVCO Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PEDEVCO Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of PEDEVCO Corp based on widely used predictive technical indicators. In general, we focus on analyzing PEDEVCO Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PEDEVCO Corp's daily price indicators and compare them against related drivers.

Complementary Tools for PEDEVCO Stock analysis

When running PEDEVCO Corp's price analysis, check to measure PEDEVCO Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PEDEVCO Corp is operating at the current time. Most of PEDEVCO Corp's value examination focuses on studying past and present price action to predict the probability of PEDEVCO Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PEDEVCO Corp's price. Additionally, you may evaluate how the addition of PEDEVCO Corp to your portfolios can decrease your overall portfolio volatility.
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