Ratings PEDEVCO Corp.

Equities

PED

US70532Y3036

Market Closed - Nyse Other stock markets 16:00:00 2024-06-26 EDT			5-day change	1st Jan Change
0.9095 ^USD	+3.93%		+6.82%	+18.10%

05-15	PEDEVCO Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
04-17	PEDEVCO Corp. Provides Update on New Permian Basin Wells	CI

Summary

On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the past year, analysts have significantly revised downwards their profit estimates.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
PEDEVCO CORP.	+18.10%	81.27M	-
CHEVRON CORPORATION	+4.55%	287B	A-
CNOOC LIMITED	+68.08%	142B	B+
CONOCOPHILLIPS	-2.12%	133B	C
CANADIAN NATURAL RESOURCES LIMITED	+11.39%	75.53B	B
EOG RESOURCES, INC.	+3.00%	71.6B	B-
OCCIDENTAL PETROLEUM CORPORATION	+5.29%	55.74B	C+
HESS CORPORATION	+2.08%	45.19B	A-
DIAMONDBACK ENERGY, INC.	+27.01%	35.13B	C+
WOODSIDE ENERGY GROUP LTD	-9.05%	35.74B	A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes