PEDEVCO (PED)
Develops legacy U.S. oil and gas fields through drilling and optimization.
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Produces crude oil, natural gas, and NGLs from U.S. positions in the D-J, Powder River, and Permian basins through acquisition, drilling, and field optimization. Oil supplies most revenue, while the portfolio operates as a unified upstream segment.
Develops, explores for, and produces crude oil, natural gas, and natural gas liquids through a unified U.S. upstream segment. Its portfolio is concentrated in the D-J Basin across Colorado and Wyoming, the Powder River Basin in Wyoming, and the Permian Basin in New Mexico.
Acquires older, geologically delineated fields with existing infrastructure, then applies horizontal drilling, modern completions, artificial-lift changes, water handling, facilities optimization, and downtime reduction. Capital is allocated project by project across operated and non-operated interests, with technical evaluation and operational control emphasized where possible.
Oil supplies most revenue under short-term agreements tied to published pricing, while gas and NGLs are marketed at nearby delivery points. Operations depend on commodity prices, third-party operators and midstream capacity, permitting, lease retention, reserve-based borrowing covenants, and concentrated voting control.
Company facts
Target rangeAs of Sep 2, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $10.8M · Total debt $85.0M · Total assets $359.7M · Shareholders' equity $200.1M
- Revenue
- $46.1M
- Operating income
- $15.4M
- Net income
- $17.5M
No dividends on record.
| Institutions14 holders · as of Mar 31, 2026 | 53.26% | 7.08M shares | |
| Insiders2 holders · as of Aug 19, 2026 | 0.42% | 55.6K shares | |
| Otherremainder | 46.32% | 6.16M shares |
13.30M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Juniper Capital Advisors, L.P.Institution | 51.59% | 6.86M | 13Fas of Mar 31, 2026 |
Ancora Advisors, LLCInstitution | 0.56% | 74,378 | 13Fas of Mar 31, 2026 |
Vanguard Capital Management LLCInstitution | 0.44% | 58,427 | 13Fas of Mar 31, 2026 |
Moore ClarkInsiderofficer: Executive VP | 0.33% | 44,167 | Form 4filed Aug 19, 2026 ↗ |
Millennium Management LLCInstitution | 0.15% | 20,340 | 13Fas of Mar 31, 2026 |
| See all 22 → | |||
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 19, 2026 | Moore Clark | officer: Executive VP | −1,218 | $12.37 |
| Aug 18, 2026 | Moore Clark | officer: Executive VP | −5,277 | $12.53 |
| Aug 17, 2026 | Moore Clark | officer: Executive VP | −3,765 | $12.81 |
- Occidental Petroleum
Largest overlap across D-J, Powder River, and New Mexico oil production.
- EOG Resources
Major D-J and Powder River producer with scale in oil and gas.
- Chevron
Scale leader in Colorado D-J oil, gas, acreage and infrastructure.
- SM Energy
Direct D-J Niobrara and Codell development rival after Civitas merger.
- Devon Energy
Powder River operator competing for drilling inventory and inputs.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| PEDEVCO | $14.13 | +2.61% | $190.6M | — | 16.3 | 1.6 | +561.4% |
| Occidental Petroleum | $61.09 | +0.31% | $60.58B | 9.4 | 13.6 | 2.4 | +27.7% |
| EOG Resources | $149.00 | +0.01% | $79.34B | 11.6 | 10.0 | 3.0 | +60.5% |
| Chevron | $211.91 | +0.05% | $421.74B | 20.3 | 13.8 | 2.0 | +57.9% |
| SM Energy | $38.96 | +1.71% | $9.18B | 9.9 | 5.6 | 1.7 | +218.4% |
| Devon Energy | $48.52 | −1.02% | $53.93B | 11.6 | 9.9 | 2.7 | +83.2% |
| Median | 11.6 | 10.0 | 2.4 | +60.5% |