PEDEVCO Corp. (PED)

Over the past six months, PEDEVCO Corp.'s stock has experienced an uptrend since December 15, 2025, with a total price increase of 19.80%. The company announced its Q3 2025 financial results, reporting a 13% decrease in production and a 23% decrease in revenue year-over-year, leading to a net loss of $0.325 million. A transformative merger to become a premier Rockies operator was announced on November 3, 2025. PEDEVCO's stock increased by 7.0% since the beginning of 2026. The company's Chief Accounting Officer surrendered shares to cover tax obligations on vested restricted stock awards. PEDEVCO's price target was decreased by 43.33% to $0.87. Pedevco gained preferred holder approval for new borrowing. Roth Capital reinstated a "Buy" rating for Pedevco. The stock's performance over the last six months shows a -7.71% change.

As an oil and natural gas company, PEDEVCO Corp.'s products are subject to demand seasonality. Demand for natural gas typically increases during colder months for heating purposes, and demand for crude oil can fluctuate with seasonal changes in transportation and industrial activity. The provided search results do not offer specific details on how these seasonal demand patterns directly impact PEDEVCO Corp.'s operations or revenue cycles.

PEDEVCO Corp. is an independent energy company involved in the acquisition, development, production, and marketing of crude oil and natural gas, operating within the Energy sector, specifically in the Oil & Gas Exploration & Production industry. The company's main products are crude oil and natural gas, and it also has involvement in Enhanced Oil Recovery (EOR) technologies through strategic investments and partnerships.

PEDEVCO Corp. focuses its operations primarily in the United States, with a strong emphasis on prolific shale plays. The company's principal assets are located in the Permian Basin in eastern New Mexico, holding approximately 14,105 net acres as of November 1, 2025, and the Rockies Asset, encompassing the Denver-Julesberg (D-J) Basin in northern Colorado and southeastern Wyoming, and the Powder River Basin in southeastern Wyoming, holding approximately 328,000 net acres as of November 1, 2025. The company is headquartered in Houston, Texas.

PEDEVCO Corp. generally holds a positive brand reputation, with a consensus "Strong Buy" rating from analysts. PEDEVCO scored higher than 83% of companies evaluated by MarketBeat, ranking 54th out of 253 stocks in the energy sector. The company has maintained a streak of accepted earnings since the appointment of CEO Doug Schick in early 2025. There has been criticism regarding the company not incorporating prior year production numbers in its reserve calculations, and the Q3 2025 financial results showed a decline in revenue and a net loss.

PEDEVCO Corp. has a mix of institutional and individual owners, including Vanguard Group Inc., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, and Geode Capital Management, Llc. SK Energy LLC holds a significant stake of 54.22%, and other notable individual owners include Simon Kukes, J. Schick, and Clark Moore.