PED - PEDEVCO Corp.

NYSE American - NYSE American Delayed Price. Currency in USD
2.0300
+0.0100 (+0.50%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close2.0200
Open2.0400
Bid0.0000 x 800
Ask0.0000 x 1400
Day's Range1.9800 - 2.0800
52 Week Range0.3050 - 4.4400
Volume13,439
Avg. Volume79,174
Market Cap108.822M
Beta (3Y Monthly)2.44
PE Ratio (TTM)0.61
EPS (TTM)3.3300
Earnings DateNov 13, 2015 - Nov 16, 2015
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est90.00
Trade prices are not sourced from all markets
  • ACCESSWIREyesterday

    PEDEVCO Raises $18 Million Through Private Offerings to Fund Permian Basin Development

    HOUSTON, TX / ACCESSWIRE / May 21, 2019 / PEDEVCO Corp. (NYSE American: PED) (the "Company") today announced that it has raised $15 million through the sale of restricted common stock at $2.20 per share to SK Energy LLC, an investment firm owned by Dr. Simon Kukes, the Company's Chief Executive Officer, and an additional $3 million through the sale of restricted common stock at $2.00 per share to two investors unaffiliated with the Company. Combined, the Company raised an aggregate of $18 million of unrestricted cash through these private offerings at a blended average purchase price per share of $2.16, the proceeds from which the Company plans to apply toward funding the Company's 2019 Permian Basin asset development program and acquisition activities.

  • Should You Be Concerned About PEDEVCO Corp.'s (NYSEMKT:PED) Historical Volatility?
    Simply Wall St.2 days ago

    Should You Be Concerned About PEDEVCO Corp.'s (NYSEMKT:PED) Historical Volatility?

    Anyone researching PEDEVCO Corp. (NYSEMKT:PED) might want to consider the historical volatility of the share price...

  • ACCESSWIRE17 days ago

    PEDEVCO Provides Updates on New Horizontal San Andres Wells Drilled in its Permian Basin Asset

    HOUSTON, TX / ACCESSWIRE / May 6, 2019 / PEDEVCO Corp. (NYSE American: PED) (the "Company") today announced that its first horizontal well drilled in the Company's Chaveroo field, the Haley Chaveroo SA Unit 305H ("Haley 305H well"), which reached a peak daily rate ("IP24") of 539 barrels of oil equivalent per day ("BOEPD") (88% oil), or 138 BOE per 1,000 feet, has now achieved a thirty-day average peak initial production rate ("IP30") of 499 BOEPD (87% oil). The Haley 305H well's peak IP30 being within 10% of its peak IP24 daily rate validates the Company's focus on conventional assets rather than higher decline shale assets. In addition, the Company's second horizontal San Andres well put online, the Jennifer Chaveroo SA Unit 251H ("Jennifer 251H well"), has reached an IP24 of 431 BOEPD (86% oil), or 95 BOE per 1,000 feet.

  • ACCESSWIRE24 days ago

    PEDEVCO Announces Successful Results of Horizontal San Andres Wells Drilled in its Permian Basin Asset

    HOUSTON, TX / ACCESSWIRE / April 29, 2019 / PEDEVCO Corp. (NYSE American: PED) (the ''Company'') today announced the results of its first horizontal well drilled in the Company's Chaveroo field of the prolific San Andres play in the Northwest Shelf of the Permian Basin situated in West Texas and eastern New Mexico. The well's current thirty-day average initial production rate (''IP30'') of 480 BOEPD (88% oil) and climbing is in the top-10 percentile of San Andres horizontal wells drilled in the Northwest Shelf and Central Basin Platform based on IHS Markit data for 778 horizontal producers as of March 2019 (December 2018 reporting month). The Haley 305 well was the first of four horizontal San Andres wells bearing 1-mile lateral lengths that the Company drilled in the Chaveroo field in December 2018 in Phase One of its 2019 development plan, all of which wells were completed by March 2019, and are proving to be capable of producing in economic quantities exceeding the Company's anticipated type-curve, with three wells currently flowing back and the fourth temporarily shut-in while awaiting further salt water disposal capacity.

  • ACCESSWIRE2 months ago

    Pacific Energy Development to Present at 2019 IPAA OGIS Conference in New York City

    HOUSTON, TX / ACCESSWIRE / April 3, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") today announced that J. Douglas Schick, President of the Company, will present at the 2019 IPAA Oil & Gas Investment Symposium (OGIS) at the Sheraton New York Times Square Hotel, New York, New York, on Monday, April 8, 2019 at 3:05 pm Eastern Time, and will also host one-on-one meetings. The presentation will be web cast live and archived on the Company's web site, www.pedevco.com, on the "Investors" page, and an updated investor deck prepared in conjunction with the conference will also be posted and available.

  • ACCESSWIRE2 months ago

    Pacific Energy Development to Present at 31st Annual Roth Conference

    HOUSTON, TX / ACCESSWIRE / March 11, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") today announced that J. Douglas Schick, President of the Company, and Mr. Ivar Siem, a member of the Company's Board of Directors and head of its Operating Committee, will be attending and jointly participating in one-on-one meetings at the 31st annual ROTH Conference at The Ritz-Carlton, Laguna Niguel, California on March 18th and 19th, 2019. A pre-recorded Company webinar and presentation slides will be posted and available on the ROTH Conference main webcast page at http://wsw.com/webcast/roth33/ped.

  • ACCESSWIRE3 months ago

    Pacific Energy Development Announces Conversion of Additional $32.7 Million of Debt into Equity

    HOUSTON, TX / ACCESSWIRE / March 4, 2019 / PEDEVCO Corp. d/b/a Pacific EnergyDevelopment (NYSE American: PED) (the "Company") announced today that it has converted all of its remaining $32.7 million in debt into common stock of the Company at a price of $2.13 per share, and is now debt-free. Substantially all of the Company's debt was held by SK Energy LLC, an investment firm owned by Dr. Simon Kukes, the Company's Chief Executive Officer. John J. Scelfo, Chairman of the Company's Board of Directors, commented, "We are pleased that SK Energy has decided to convert the remainder of its debt years earlier than its maturity date at a conversion price in excess of the current market price, which not only saves the Company millions of dollars in interest, but delivers the Company a debt-free balance sheet.

  • ACCESSWIRE3 months ago

    Pacific Energy Development Announces Conversion of $22 Million of Debt into Equity

    HOUSTON, TX / ACCESSWIRE / February 19, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") announced today that it has converted $15 million in convertible debt held by SK Energy LLC, an investment firm owned by Dr. Simon Kukes, the Company's Chief Executive Officer, into common stock of the Company at a price of $1.50 per share, and an additional $7 million in convertible debt held by SK Energy at a price of $1.79 per share. John J. Scelfo, Chairman of the Company's Board of Directors, commented, "The Board appreciates the continued support and confidence of SK Energy in the Company and our ability to deliver results, as demonstrated by its decision to convert $22 million of debt into our common stock.

  • ACCESSWIRE3 months ago

    Pacific Energy Development Announces Workover Results on Recently Acquired Horizontal Well in the Permian Basin

    HOUSTON, TX / ACCESSWIRE / February 13, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the ''Company'') announced today that it successfully completed workover operations on the Domino 21-16 State Com No. 5 Well, which it acquired effective February 1, 2019 as part of its February 1, 2019 purchase of additional producing assets in the Permian Basin. The Company began workover operations on the Domino well immediately after closing the acquisition and is pleased to announce that the well has been online for over 5 days producing an average of 120 barrels of oil per day since completion of the workover. The Domino well was drilled by the well's former operator in the 4th quarter of 2017 and had an Initial Production (IP) peak oil rate of just over 300 barrels of oil per day in February 2018.

  • ACCESSWIRE4 months ago

    Pacific Energy Development Announces Closing of Acquisition of Producing Acreage in the Permian Basin

    HOUSTON, TX / ACCESSWIRE / February 4, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the ''Company'') announced today that, effective February 1, 2019, it closed the previously announced acquisition of all operated production and facilities, all related existing infrastructure, and a significant leasehold position from a private operator. The acquisition includes one producing horizontal well and several wells that, with some remedial work, are expected to increase production, as well as a salt water disposal well capable of satisfying the acquired asset's intermediate-term development needs. The Company plans to begin workover operations on one of the asset's horizontal wells in early February 2019, and to commence drilling a new horizontal well on this acreage by March 1, 2019, with results anticipated to be announced in Q2 2019.

  • ACCESSWIRE4 months ago

    Pacific Energy Development Enters Agreement to Acquire 22,000 Acres in Permian Basin and Raises $15 Million

    HOUSTON, TX / ACCESSWIRE / January 14, 2019 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") reported today that it has entered into an agreement to acquire from a private operator approximately 22,000 leasehold acres in the Permian Basin, with closing scheduled to occur on or about February 1, 2019, subject to satisfaction of closing conditions. The acquisition includes one producing horizontal well and several wells capable of producing that, with some remedial work, are expected to increase production from this asset to above 100 BOPD, as well as a salt water disposal well capable of satisfying the acquired asset's intermediate-term development needs. Following closing, the Company plans to commence drilling a new horizontal well on this acreage before March 1, 2019 to satisfy a unit agreement, with results anticipated to be announced in Q2 2019.

  • ACCESSWIRE5 months ago

    Pacific Energy Development Announces Spud of Initial Wells in New Permian Basin Asset

    HOUSTON, TX / ACCESSWIRE / December 17, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") announced today that it has spud its initial two wells in the Company's recently acquired Permian Basin Asset ahead of schedule with the first well spud on December 1, 2018, and the second well spud on December 16, 2018. The Company currently has two drilling rigs contracted to drill these initial four wells. Once drilled, the Company plans to promptly commence completion operations during January and February 2019, with initial results expected following completion and flow testing in late Q1 2019.

  • ACCESSWIRE8 months ago

    Pacific Energy Development Announces Appointment of H. Douglas Evans to Board of Directors and John J. Scelfo as Chairman of the Board of Directors

    HOUSTON, TX / ACCESSWIRE / October 1, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the "Company") today announced that, effective September 27, 2018, the Company appointed H. Douglas Evans to the Company's Board of Directors and existing Board member John J. Scelfo to serve as its Chairman. In addition, the Company announced that all of the members of the Board have agreed to accept no cash compensation for their service on the Board, with Messrs.

  • ACCESSWIRE8 months ago

    Pacific Energy Development Announces Development Plan for Recently Acquired Assets in the Permian Basin

    HOUSTON, TX / ACCESSWIRE / September 10, 2018 / PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE American: PED) (the ''Company'') today announced its development plan for its recently acquired assets located in the Chaveroo and Milnesand fields (the ''Assets'') of the prolific San Andres play in the Northwest Shelf of the Permian Basin situated in West Texas and eastern New Mexico. This plan has been developed over the past 10 months as the Company evaluated these Assets prior to the acquisition which closed on August 31, 2018. Currently, the Company has initiated a fast-track development plan which includes a phase one program of drilling, completing and evaluating the results of an initial 4 horizontal wells over the next 3 to 6 months.

  • ACCESSWIRE9 months ago

    Pacific Energy Development Announces Closing of Acquisition of Over 23,000 Net Producing Acres in the Permian Basin

    440 vertical San Andres wells have already been drilled in the two fields without a single dry hole. Greater than 100 feet of net thickness in the main pay zone of the San Andres reservoir across the asset provides ideal environment to apply horizontal drilling technology to existing infill locations.

  • ACCESSWIRE10 months 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.

  • ACCESSWIRE10 months 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.

  • InvestorPlace10 months 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.

  • InvestorPlace10 months 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.

  • ACCESSWIRE10 months 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.

  • ACCESSWIRE10 months ago

    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.

  • InvestorPlace10 months ago

    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.

  • ACCESSWIRE11 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.