PED - PEDEVCO Corp.
| Previous Close | 2.04 |
| Open | 2.10 |
| Bid | 0.55 x 800 |
| Ask | 2.35 x 1100 |
| Day's Range | 1.82 - 2.10 |
| 52 Week Range | 0.26 - 4.44 |
| Volume | 203,791 |
| Avg. Volume | 1,768,553 |
| Market Cap | 28.023M |
| Beta | -1.59 |
| PE Ratio (TTM) | 0.56 |
| EPS (TTM) | 3.40 |
| Earnings Date | Nov 13, 2015 - Nov 16, 2015 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 90.00 |
- ACCESSWIRE•13 days ago
Pacific Energy Development Enters Agreements to Acquire Producing Assets in the Permian and D-J Basins
In addition, effective August 1, 2018, the Company acquired 100% ownership of Condor Energy Technology LLC, which owns and operates 4 horizontal wells producing from the Niobrara formation, and approximately 2,340 net acres held by production, all located in the D-J Basin in Weld and Morgan Counties, Colorado, and represents "bolt-on" acreage to the Company's existing operations in the D-J Basin. Also effective August 1, 2018, Mr. J. Douglas Schick, an oil and gas executive with over 20 years' experience in the industry, joined the Company as its new President, with responsibility over the Company's exploration and production and mergers and acquisition functions, reporting directly to Company CEO Simon Kukes.
- GlobeNewswire•14 days ago
Hunter Oil Agrees to Sell Oil and Gas Assets for USD $21.35 Million
TSX-V: HOC) (the "Company”) is pleased to announce that it has agreed to sell (the “Transaction”) substantially all of its oil and gas operations (the “Assets”) to Pacific Energy Development Corp. (“Purchaser”), a Nevada corporation and a wholly-owned subsidiary of PEDEVCO Corp. (NYSE American: PED), an arm’s length, California-based oil and gas company. The Purchase Price represents approximate gross proceeds of USD $1.63 (CAD $2.12) for each issued and outstanding common share of the Company (a “Share”) based on the 13,070,871 Shares outstanding. The Transaction provides Shareholders with a significant premium to the present market valuation, payable in cash, and avoids the substantial dilution associated with raising the USD $20-30 MM management has estimated that initial field development would require. The Distribution provides Shareholders with an immediate cash distribution, while allowing Shareholders to retain their Shares.
- ACCESSWIRE•23 days ago
PEDEVCO and Three Additional Oil & Gas Stocks on Our Research Desk’s Radar
This Monday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Equipment & Services equities: Core Laboratories N.V. (NYSE: CLB), PEDEVCO Corp. (NYSE AMER: PED), Profire Energy Inc. (NASDAQ: PFIE), and Solaris Oilfield Infrastructure Inc. (NYSE: SOI). All you have to do is sign up today for this free limited time offer by clicking the link below.
- InvestorPlace•26 days ago
9 A-Rated Cheap Stocks to Consider
With the economy in full-speed-ahead recovery mode, tax cuts boosting earnings and regulation rolling back, this is a great time to be a publicly traded company. It’s a small bank with a $125 million market cap headquartered right across the river from Manhattan.
- InvestorPlace•28 days ago
Don’t Be Fooled by Pedevco’s 700% Rally: PED Stock Will Plummet
Well, the PED stock forecast is far from sunny. As a result, small oil and gas companies like Pedevco have been going bust at a rapid pace in recent times. As PED stock owners are likely to discover in coming months, merely avoiding bankruptcy doesn’t mean the common stock is suddenly a bargain.
- ACCESSWIRE•28 days ago
Today's Research Reports on Stocks to Watch: Facebook and PEDEVCO
NEW YORK, NY / ACCESSWIRE / July 18, 2018 / Facebook and PEDEVCO were two stocks seeing big gains in Tuesday’s session. Facebook hit an all-time new high after defending its filtering practices to Congress and after Jefferies raised its price target on the stock earlier in the week. Shares of PEDEVCO saw gains over 30% despite a catalyst, but the company did appoint a new CEO last week.
- ACCESSWIRE•last month
Pacific Energy Development Adds to Management and Board
DANVILLE, CA / ACCESSWIRE / July 12, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") reported today that it has appointed Dr. Simon Kukes as its new Chief Executive Officer and member of the Company's Board of Directors, and has added two additional Board members, all of whom have significant global oil and gas industry experience. Mr. Frank Ingriselli will remain as the Chairman of the Board and will also assume the position of Advisor to the CEO.
- InvestorPlace•last month
Why New Concept Energy Stock Will Plunge 50% or More
It’s been an exciting couple of weeks for New Concept Energy, Inc. (NYSEAMERICAN:GBR). Trading volume was light, and it looked like New Concept was doomed to remain a penny stock for the indefinite future. After hitting its peak of $12 on July 3rd, New Concept Energy quickly lost two-thirds of its value, dropping back down to $4 per share.
- ACCESSWIRE•2 months ago
Pacific Energy Development Regains Compliance with NYSE American Listing Standards
DANVILLE, CA / ACCESSWIRE / June 29, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company"), announced today that the Company has regained compliance with the NYSE American LLC (the "Exchange") continued listing standards.
- ACCESSWIRE•2 months ago
Today’s Research Reports on Stocks to Watch: Differential Brands and PEDEVCO
NEW YORK, NY / ACCESSWIRE / June 28, 2018 / Both Differential Brands and PEDEVCO saw their shares tremendously explode in Wednesday trading. Shares of Differential Brands Group skyrocketed over 500% after announcing it would be acquiring the North American division of Global Brands Group Holding Ltd. On the other hand, shares of PEDEVCO soared over 650% after announcing the closing of a strategic investment earlier in the week. Differential Brands Group Inc. shares closed up a little over 500% yesterday on about 30.2 million shares traded.
- ACCESSWIRE•2 months ago
Pacific Energy Development Closes Strategic Investment
DANVILLE, CA / ACCESSWIRE / June 26, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") reported today that it entered into a series of transactions resulting in the satisfaction and retirement of substantially all of its existing debt, successfully erasing over $75 million in debt and replacing it with $7.7 million in three-year 8% senior note funded by a strategic investor, SK Energy LLC. With these transactions, the Company estimates that it has increased its stockholders' equity by over $64 million. With the Company's balance sheet restructured, the Company believes it is now well-positioned to execute upon its business plan of developing its current assets, which include over $51 million in proved undeveloped reserves (PUDs) (undiscounted net present value) as most recently estimated by the Company's independent reserve engineers and growing the Company through accretive acquisitions.
- Simply Wall St.•2 months ago
Is PEDEVCO Corp’s (NYSEMKT:PED) CEO Salary Justified?
Leading PEDEVCO Corp (AMEX:PED) as the CEO, Mike Peterson took the company to a valuation of US$2.26M. Recognizing whether CEO incentives are aligned with shareholders is a crucial part ofRead More...
- Simply Wall St.•4 months ago
Who Are The Major Shareholders In PEDEVCO Corp (NYSEMKT:PED)?
In this article, I’m going to take a look at PEDEVCO Corp’s (AMEX:PED) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors.Read More...
- ACCESSWIRE•4 months ago
Pacific Energy Development Announces Year End Results Including Continued Reductions in Operating Expenses
DANVILLE, CA / ACCESSWIRE / April 2, 2018 / On March 29, 2018, PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) reported its year-end results for 2017. Over the year ended December 31, ...
- Simply Wall St.•5 months ago
Should You Be Content With PEDEVCO Corp’s (NYSEMKT:PED) Earnings Growth?
For long term investors, improvement in profitability and outperformance against the industry can be important characteristics in a stock. In this article, I will take a look at PEDEVCO Corp’sRead More...
- Simply Wall St.•6 months ago
PEDEVCO Corp (NYSEMKT:PED) And The Oil & Gas Industry Prospect For 2018
PEDEVCO Corp (AMEX:PED), a US$1.75M small-cap, operates in the oil and gas industry which has seen a prolonged oil price downturn since mid-2014. However, energy-sector analysts are forecasting for theRead More...
- Simply Wall St.•9 months ago
Breaking Down PEDEVCO Corp’s (PED) Ownership Structure
In this article, I’m going to take a look at PEDEVCO Corp’s (AMEX:PED) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors.Read More...
Capital Cube•9 months agoPEDEVCO Corp. :PED-US: Earnings Analysis: Q3, 2017 By the Numbers : November 13, 2017
Categories: Yahoo FinanceGet free summary analysis PEDEVCO Corp. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of PEDEVCO Corp. – Dawson Geophysical Company, RigNet, Inc. and CES Energy Solutions Corp (DWSN-US, RNET-US and CESDF-US) that have also reported for this period. Highlights Summary numbers: Revenues of ... Read more (Read more...)
- Simply Wall St.•9 months ago
Is PEDEVCO Corp (PED) An Industry Laggard Or Leader?
PEDEVCO Corp (AMEX:PED), a USD$1.95M small-cap, is an oil and gas company operating in an industry which has persevered through a prolonged oil price downturn since 2014. However, energy-sector analystsRead More...
- ACCESSWIRE•10 months ago
Pacific Energy Development Announces Termination of Pending Equity Funding Transaction
Seeking New Equity Funding Source DANVILLE, CA / ACCESSWIRE / October 4, 2017 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company"), announced today that the pending ...
- ACCESSWIRE•last year
Pacific Energy Development Announces Entry into Significant Equity Funding and Company Restructuring Agreement
DANVILLE, CA / ACCESSWIRE / August 18, 2017 / PEDEVCO Corp., d/b/a Pacific Energy Development (NYSE American: PED) (the ''Company''), announced today that it has entered into a definitive subscription ...
