PED stock icon

PEDEVCO
PED

$0.88
0.44%
 

About: PEDEVCO Corp is an oil and gas company focused on the acquisition and development of oil and natural gas assets in modern drilling and completion techniques and technologies have yet to be applied. The company focuses on legacy proved properties where there is a long production history, well-defined geology and existing infrastructure that can be leveraged when applying modern field management technologies. The current properties of the company are located in the San Andres formation of the Permian Basin situated in West Texas and eastern New Mexico (the Permian Basin) and in the Denver-Julesberg Basin (D-J Basin) in Colorado and Wyoming.

Employees: 15

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

75% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 4

1.74% more ownership

Funds ownership: 3.19% [Q4 2023] → 4.94% (+1.74%) [Q1 2024]

8% less funds holding

Funds holding: 26 [Q4 2023] → 24 (-2) [Q1 2024]

13% less capital invested

Capital invested by funds: $2.15M [Q4 2023] → $1.86M (-$284K) [Q1 2024]

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Research analyst outlook

We haven’t received any recent analyst ratings for PED.

Financial journalist opinion