PEDEVCO Corp. (PED) AI Stock Analysis

PEDEVCO Corp. is an oil and gas company focused on acquiring, developing, and producing oil and natural gas assets in the United States. Operating as a subsidiary of SK Energy LLC and headquartered in Houston, Texas, the company concentrates on maximizing production and expanding reserves across its core acreage holdings. As of December 31, 2021, its footprint includes approximately 32,870 net acres and 385 net wells in the Permian Basin in New Mexico, along with roughly 11,580 net acres and 78 net wells in Colorado's D-J Basin. The company uses advanced drilling and production technologies to optimize extraction efficiencies across its exploration and development assets.

Annual revenue grew from $15.9M in FY2021 to $30.0M in FY2022, $30.8M in FY2023, $39.6M in FY2024, and reached $45.8M in FY2025, representing a 5-year revenue CAGR of 41.5% from FY2020 to FY2025. Gross margin expanded to 58.2% in FY2025, but operating margin turned to -17.2%, resulting in net income of -$10.4M and EPS of -$0.62. Over the trailing twelve months, revenue totaled $116.4M with an operating margin of 33.2% and EPS of -$2.62. In the quarter ended June 30, 2026, quarterly revenue increased 561.4% year-over-year, while quarterly earnings fell 82.3%.

As of June 30, 2026, PEDEVCO Corp. held $10.8M in cash and short-term investments alongside total debt of $85.0M, resulting in net debt of $74.2M. The company reported a current ratio of 0.78, shareholders' equity of $200.1M, and a debt-to-equity ratio of 0.42. In FY2025, operating cash flow stood at $10.8M, while capital expenditures reached $20.5M, yielding free cash flow of -$9.7M. Financing activities in FY2025 included $35.1M in share issuance, contributing to a 5-year share count increase of 234.8%.

PEDEVCO Corp. trades at a forward P/E of 11.3x and an EV/EBITDA of 8.3x, compared to medians of 12.7x and 8.0x for its US-listed Energy peers. The stock's price-to-sales multiple is 1.6x, below the US-listed Energy median of 1.8x, alongside a price-to-book ratio of 0.9x. Over the past 12 months, PED shares rose 22.2%, outperforming the S&P 500 return of 16.8%. Over a 5-year period, however, the stock fell 61.1%, trailing the S&P 500 gain of 83.0%.

Wall Street coverage includes 1 Strong Buy and 1 Buy rating. The mean price target is $18.22, which is 33.1% above the last close of $13.69 on October 16, 2026. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $150.0M and EPS of $0.82, reflecting expected EPS growth of 217.7%. For the following fiscal year, 2 analysts project revenue of $141.9M and EPS of $1.19. The company beat EPS estimates in 1 of the last 4 quarters, with the next earnings date scheduled for November 13, 2026.

This page is an AI-written research summary of PEDEVCO Corp. (PED). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PED income statement, PED balance sheet, PED key metrics, PED analyst forecast, PED chart. See the PED stock overview for the latest quote and news.