PEDEVCO Corp. (PED)

In the past six months, PEDEVCO Corp.'s stock price has declined, with a share price of $0.56 as of December 31, 2025, a 29.03% decrease from $0.79 on January 2, 2025, and a 34.82% decrease over the last year. In January 2026, borrowing an additional $6 million under its credit agreement led to a 7.04% drop in shares. In December 2025, the company's price target was decreased by 43.33% to $0.87. In November 2025, PEDEVCO closed a merger with Juniper Capital Advisors, issuing Series A Convertible Preferred Stock and raising $35 million. Also in November 2025, Q3 financial results were announced, reporting $7.0 million in revenue and an operating loss of $834 thousand, yet the stock rose nearly 3%. In July 2024, Alliance Global Partners initiated coverage with a "Buy" recommendation.

Historical data suggests that buying PEDEVCO Corp.'s stock in August has the highest probability of a positive return (70.00%), while November has the lowest probability (11.11%).

PEDEVCO Corp. is an independent energy company focused on acquiring, developing, producing, and marketing crude oil and natural gas in the United States, operating in the competitive oil and gas sector. The company's core products are crude oil and natural gas, extracted from its reserves and sold to downstream customers. PEDEVCO targets legacy conventional proven properties, applying modern techniques to optimize production.

PEDEVCO Corp. primarily operates in the United States, with assets in the Permian Basin (West Texas and eastern New Mexico) and the Denver-Julesberg (D-J) Basin (Colorado and Wyoming). As of November 1, 2025, it held approximately 14,105 net acres in the Permian Basin and around 328,000 net acres in the D-J Basin and Powder River Basin. In June 2023, PEDEVCO expanded its leasehold in southeastern Wyoming by acquiring over 4,000 net acres in the Codell play, increasing its D-J Basin footprint to over 17,000 net acres. The company is headquartered in Houston, Texas.

In the past year, PEDEVCO Corp. has received a consensus rating of "Buy" from analysts, with an average rating score of 3.00, including one "Strong Buy" rating. The CEO, J. Douglas Schick, appointed in early 2025, has overseen a streak of accepted earnings. PEDEVCO was featured at the 37th Annual ROTH Conference in March 2025, highlighting its strategic energy projects.

PEDEVCO Corp. has 32 institutional owners and shareholders holding 2,696,124 shares, including Vanguard Group Inc., Geode Capital Management, Llc, and Renaissance Technologies Llc. Significant individual and entity owners include SK Energy LLC (54.22%) and Simon Kukes (8.482%). J. Schick holds 3.675% of the shares. Juniper Capital II GP, L.P. is also a major shareholder. Insiders hold 70.40% of the stock, while institutions hold 3.26%.