Saipem Launches XolarSurfs First Prototype for Testing in Norway SAPMFs XolarSurf is a floating solar energy system designed for harsh offshore environments. The solution can produce electricity from solar panels fitted on floaters.

Saipem Launches XolarSurfs First Prototype for Testing in Norway

PED Stock  USD 0.65  0.03  4.84%   
About 55% of PEDEVCO Corp's shareholders are presently thinking to get in. The analysis of overall sentiment of trading PEDEVCO Corp stock suggests that some investors are interested at this time. The current market sentiment, together with PEDEVCO Corp's historical and current headlines, can help investors time the market. In addition, many technical investors use PEDEVCO Corp stock news signals to limit their universe of possible portfolio assets.
SAPMFs XolarSurf is a floating solar energy system designed for harsh offshore environments. The solution can produce electricity from solar panels fitted on floaters.

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PEDEVCO Corp Fundamental Analysis

We analyze PEDEVCO Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PEDEVCO Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PEDEVCO Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Total Debt

Total Debt Comparative Analysis

PEDEVCO Corp is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

PEDEVCO Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PEDEVCO Corp stock to make a market-neutral strategy. Peer analysis of PEDEVCO Corp could also be used in its relative valuation, which is a method of valuing PEDEVCO Corp by comparing valuation metrics with similar companies.

Peers

PEDEVCO Corp Related Equities

SJTSan Juan   5.44   
0%
100.0%
PTALFPetroTal Corp   2.38   
0%
43.0%
OBEObsidian Energy   1.06   
0%
19.0%
SBRSabine Royalty   0.06   
1.0%
0%
EPSNEpsilon Energy   0.28   
5.0%
0%
PNRGPrimeEnergy   0.43   
7.0%
0%
PRPermian Resources   0.53   
9.0%
0%
MVOMV Oil   0.67   
12.0%
0%
PRTPermRock Royalty   1.28   
23.0%
0%
GTEGran Tierra   1.65   
30.0%
0%
EGYVaalco Energy   1.75   
32.0%
0%
EPMEvolution Petroleum   2.02   
37.0%
0%
CRGYCrescent Energy   3.87   
71.0%
0%
REIRing Energy   5.06   
93.0%
0%

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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