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PED

PEDEVCO Corp.
Oil & Gas E&P
64
RISK / 100
HIGH
HIGH RISKMODERATELOW RISK
Last close
$13.81
Day chg
+0.5%
Market cap
$400M
P/E
n/a
Rev growth
+360%
Div yield

12-month price

Indicative · 52-wk rangeNo dividend
$16.00$8.00

Risk factor breakdown

Valuation
Multiples & price

Hard to value on GAAP

GAAP loss on hedge marksEV/production reasonableMicro-cap premium/discount
Rating

Moderate Buy · B/S 37/100

PT upside +40%Liquidity risk caps scoreOil-price leverage
vs Sector medianThisMedian
EV/EBITDA~4x~5x
Net debtlowmoderate
Div yield3%
Financial Health
Balance sheet

Clean balance sheet

Low leverageCash to fund drillingHedge-mark volatility
Profitability

Non-cash swings

Q1 net loss $25.6MDriven by $31.3M hedge markCash operating margin positive
Growth
Top-line

Production ramping

Revenue +360% YoYNew wells onlineCommodity-price dependent
Outlook

Small-cap E&P

Permian/D-J acreage upsideReserve growthThin ~47K shares/day volume

Score breakdown

Valuation risk · 35%58
Financial Health risk · 35%60
Growth risk · 30%76
Weighted risk = Valuation 35% · Financial Health 35% · Growth 30% → 64/100
PAGE 2

Quarterly trend

QuarterRevenue (idx)Net income ($M)QoQ
Q2 25604
Q3 25806
Q4 25110-5
Q1 26138-25.6
Green rows = improving QoQ · red rows = declining. Figures indicative, drawn from reported results & guidance.

Latest earnings / delivery

Q1 2026 swing to loss

Revenue rose ~360% YoY on higher production, but a $31.3M non-cash mark-to-market on hedges drove a $25.6M net loss. Underlying cash operating results stayed positive.

Development program

Continued drilling on Permian and D-J Basin acreage; management focused on growing production and reserves with a low-debt balance sheet.

Catalysts vs Risks

▲ Catalysts

  • Production & reserve growthHIGH IMPACT
  • Higher oil pricesHIGH IMPACT
  • Possible capital return once scaledMEDIUM

▼ Risks

  • Very thin liquidity (~47K sh/day)HIGH IMPACT
  • Commodity-price / hedge volatilityHIGH IMPACT
  • Micro-cap single-basin concentrationMEDIUM

Bottom line

Moderate Buy · Buy/Sell 37/100 · PT +40%
SELL / AVOIDHOLDATTRACTIVE BUY
A fast-growing but high-risk oil & gas micro-cap: production is ramping hard (revenue +360%) yet GAAP earnings whipsaw on non-cash hedge marks. At $13.81 the shares hold a mid-40s percent PT upside, but wafer-thin volume makes execution and exit the real risk. Use limit orders and keep the position small.
Generated August 24, 2026. Prices reflect the last completed session (August 21, 2026), sourced via AlphaVantage & web research; some quotes carry data-provider lag — verify live prices before acting. 12-month charts are indicative. Risk score = Valuation 35% · Financial Health 35% · Growth 30% (0 = low risk, 100 = high risk). Buy/Sell weighs current price level against fundamentals (0 = avoid, 100 = attractive). For informational purposes only — not investment advice.