PEDEVCO Corp. (PED) — Stock Valuation & Research

PEDEVCO Corp. is an oil and gas company primarily engaged in the acquisition, development, and production of hydrocarbon resources throughout the United States. As of December 31, 2021, the company owned approximately 32,870 net acres in New Mexico's Permian Basin (specifically Chaves and Roosevelt Counties) and about 11,580 net acres in Colorado's Denver-Julesberg (D-J) Basin (spanning Weld and Morgan Counties). Within these strategic areas, PEDEVCO operates 385 net wells in the Permian Basin and 78 net wells in the D-J Basin. The company's corporate headquarters are situated in Houston,…

PED key statistics

Price$14.30
Market cap$190.2M
SectorEnergy
IndustryOil & Gas Exploration & Production
ExchangeAMEX
52-week range8.64-18.89
Beta0.23

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