PEDEVCO Corp. (PED) 10-Year Financial Performance & Capital Metrics

PED • • Industrial / General

EnergyOil & Gas E&PUnconventional Shale E&POther Shale Play Operators

AboutPEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. As of December 31, 2021, the company held approximately 32,870 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico; and approximately 11,580 net Denver-Julesberg (D-J) Basin acres located in Weld and Morgan Counties, Colorado. It had interests in 385 net wells in Permian Basin Asset; and 78 net wells in (D-J) Basin Asset. The company is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.Show more

Revenue $40M +28.5%
EBITDA $21M +92.5%
Net Income $18M +6638.3%
EPS (Diluted) 0.20 +6566.7%
Gross Margin 28.28% -13.6%
EBITDA Margin 52.45% +49.8%
Operating Margin 11.93% +1954.1%
Net Margin 44.98% +5144.3%
ROE 15.99% +5891.9%
ROIC 3.53% +1886.2%
Debt/Equity 0.00 -39.6%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓FCF machine: 31.8% free cash flow margin
✓Strong 5Y sales CAGR of 25.0%
✓Trading at only 0.4x book value

✗Weaknesses

✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y23.45%

5Y24.98%

3Y35.61%

TTM-6.93%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM307.11%

EPS CAGR

10Y-

5Y-

3Y-

TTM335.32%

ROCE

10Y Avg-15.2%

5Y Avg-6.44%

3Y Avg2.17%

Latest3.97%

Peer Comparison

Other Shale Play Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MGYMagnolia Oil & Gas Corporation	4.12B	22.49	11.59	7.25%	25.9%	17.05%	10.48%	0.21
KGEIKolibri Global Energy Inc.	126.93M	3.59	7.04	15.84%	24.74%	8.88%	6.02%	0.18
REPXRiley Exploration Permian, Inc.	616.01M	28.04	6.58	9.37%	21.73%	15.25%	18.89%	0.54
MNRMach Natural Resources LP	1.85B	11.01	5.79	27.2%	28.51%	14.85%	15.37%	0.64
CHRDChord Energy Corporation	5.23B	91.94	5.74	34.76%	3.31%	2.11%	17.56%	0.12
CIVICivitas Resources, Inc.	2.27B	26.55	3.14	49.76%	13.56%	9.55%	39.44%	0.68
REIRing Energy, Inc.	201.01M	0.97	2.85	1.46%	-5.01%	-1.91%	18.95%	0.45
PEDPEDEVCO Corp.	51.29M	0.54	2.69	28.49%	28.75%	8.29%	24.56%	0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	5.33M	3.97M	3.02M	4.52M	12.97M	8.06M	15.86M	30.03M	30.78M	39.55M
Revenue Growth %	0.11%	-0.25%	-0.24%	0.5%	1.87%	-0.38%	0.97%	0.89%	0.02%	0.28%
Cost of Goods Sold+	6.97M	6.77M	5.1M	9.34M	17.85M	15.78M	13.32M	21.55M	20.71M	28.37M
COGS % of Revenue	1.31%	1.71%	1.69%	2.07%	1.38%	1.96%	0.84%	0.72%	0.67%	0.72%
Gross Profit+	-1.65M	-2.8M	-2.09M	-4.82M	-4.88M	-7.72M	2.54M	8.48M	10.08M	11.18M
Gross Margin %	-0.31%	-0.71%	-0.69%	-1.07%	-0.38%	-0.96%	0.16%	0.28%	0.33%	0.28%
Gross Profit Growth %	-1.76%	-0.7%	0.25%	-1.31%	-0.01%	-0.58%	1.33%	2.34%	0.19%	0.11%
Operating Expenses+	7.66M	4.14M	2.53M	4.19M	5.35M	26.1M	4.4M	5.85M	10.28M	6.47M
OpEx % of Revenue	1.44%	1.04%	0.84%	0.93%	0.41%	3.24%	0.28%	0.19%	0.33%	0.16%
Selling, General & Admin	6.96M	3.91M	2.53M	4.14M	5.79M	6.74M	6.21M	5.85M	6.01M	6.39M
SG&A % of Revenue	1.31%	0.99%	0.84%	0.92%	0.45%	0.84%	0.39%	0.19%	0.2%	0.16%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	701K	1.28M	2K	47K	-434K	19.36M	-1.8M	0	4.27M	76K
Operating Income+	-9.65M	-5.66M	-23.57M	-9M	-10.23M	-33.82M	-1.87M	2.63M	-198K	4.72M
Operating Margin %	-1.81%	-1.43%	-7.82%	-1.99%	-0.79%	-4.2%	-0.12%	0.09%	-0.01%	0.12%
Operating Income Growth %	0.56%	0.41%	-3.16%	0.62%	-0.14%	-2.31%	0.94%	2.41%	-1.08%	24.82%
EBITDA+	-4.5M	-580K	-19.82M	-2.48M	841K	-22.39M	5.61M	13.88M	10.78M	20.75M
EBITDA Margin %	-0.85%	-0.15%	-6.57%	-0.55%	0.06%	-2.78%	0.35%	0.46%	0.35%	0.52%
EBITDA Growth %	0.79%	0.87%	-33.17%	0.87%	1.34%	-27.62%	1.25%	1.48%	-0.22%	0.93%
D&A (Non-Cash Add-back)	5.14M	5.08M	3.75M	6.52M	11.07M	11.43M	7.48M	11.26M	10.97M	16.03M
EBIT	-7.42M	-5.66M	-23.57M	61.31M	-10.28M	-32.69M	-1.3M	2.63M	4.07M	4.79M
Net Interest Income+	-13.86M	-13.96M	-12.8M	-7.7M	-769K	38K	14K	117K	422K	351K
Interest Income	40K	0	0	1K	55K	40K	15K	117K	422K	351K
Interest Expense	13.9M	13.96M	12.8M	7.7M	824K	2K	1K	0	0	0
Other Income/Expense	-11.67M	-13.96M	-12.8M	62.61M	-875K	1.13M	568K	214K	462K	321K
Pretax Income+	-21.32M	-19.62M	-36.37M	53.61M	-11.1M	-32.69M	-1.3M	2.84M	264K	5.04M
Pretax Margin %	-4%	-4.94%	-12.06%	11.85%	-0.86%	-4.06%	-0.08%	0.09%	0.01%	0.13%
Income Tax+	0	0	0	0	0	0	0	0	0	-12.75M
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	3.53%
Net Income+	-21.32M	-19.62M	-36.37M	53.61M	-11.1M	-32.69M	-1.3M	2.84M	264K	17.79M
Net Margin %	-4%	-4.94%	-12.06%	11.85%	-0.86%	-4.06%	-0.08%	0.09%	0.01%	0.45%
Net Income Growth %	0.29%	0.08%	-0.85%	2.47%	-1.21%	-1.94%	0.96%	3.19%	-0.91%	66.38%
Net Income (Continuing)	-21.32M	-19.62M	-36.37M	53.61M	-11.1M	-32.69M	-1.3M	2.84M	264K	17.79M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	-59K	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-5.13	-4.02	-6.22	4.74	-0.23	-0.47	-0.02	0.03	0.00	0.20
EPS Growth %	0.52%	0.22%	-0.55%	1.76%	-1.05%	-1.04%	0.96%	2.8%	-0.91%	-
EPS (Basic)	-5.13	-4.02	-6.22	4.80	-0.23	-0.47	-0.02	0.03	0.00	0.20
Diluted Shares Outstanding	4.15M	4.89M	5.85M	11.31M	51.21M	72.21M	79.96M	85.51M	87.03M	89.24M
Basic Shares Outstanding	4.15M	4.89M	5.85M	11.17M	51.21M	72.21M	79.96M	85.51M	87.03M	89.23M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	4.91M	1.3M	1.39M	6.83M	27.09M	8.75M	28.04M	32.11M	24.61M	13.21M
Cash & Short-Term Investments	1.14M	659K	917K	3.46M	22.41M	8.03M	25.93M	29.43M	18.52M	4.01M
Cash Only	1.14M	659K	917K	3.46M	22.41M	8.03M	25.93M	29.43M	18.52M	4.01M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	633K	464K	301K	842K	4.6M	660K	1.78M	2.43M	5.83M	8.29M
Days Sales Outstanding	43.38	42.68	36.44	67.95	129.49	29.89	41.01	29.53	69.15	76.48
Inventory	252K	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	13.19	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	176K	2.42M	0	66K	0	0	260K	917K
Total Non-Current Assets+	59.74M	57.48M	35.01M	60.7M	95.81M	70.81M	70.18M	84M	104.98M	120.63M
Property, Plant & Equipment	58.77M	57.4M	34.92M	60.46M	92.21M	67.27M	66.64M	80.22M	94.59M	103.74M
Fixed Asset Turnover	0.09x	0.07x	0.09x	0.07x	0.14x	0.12x	0.24x	0.37x	0.33x	0.38x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	4K	4K	0	0	0	3.3M	0	0	3.3M	3.53M
Other Non-Current Assets	969K	85K	85K	238K	3.6M	246K	3.54M	3.78M	243K	613K
Total Assets+	64.65M	58.78M	36.4M	67.53M	122.9M	79.56M	98.22M	116.11M	129.59M	133.84M
Asset Turnover	0.08x	0.07x	0.08x	0.07x	0.11x	0.10x	0.16x	0.26x	0.24x	0.30x
Asset Growth %	0.55%	-0.09%	-0.38%	0.86%	0.82%	-0.35%	0.23%	0.18%	0.12%	0.03%
Total Current Liabilities+	7.57M	3.31M	3.37M	8.85M	15.22M	1.98M	5.18M	16.96M	18.9M	6.91M
Accounts Payable	3.38M	103K	101K	4.51M	12.1M	212K	2.63M	1.56M	6.58M	2.63M
Days Payables Outstanding	176.87	5.56	7.23	176.21	247.43	4.9	71.94	26.35	115.99	33.77
Short-Term Debt	1.35M	888K	588K	0	0	288K	0	0	89K	0
Deferred Revenue (Current)	475K	517K	557K	0	0	0	0	0	0	0
Other Current Liabilities	475K	517K	557K	950K	1.05M	1.07M	49K	472K	12.23M	1.93M
Current Ratio	0.65x	0.39x	0.41x	0.77x	1.78x	4.43x	5.41x	1.89x	1.30x	1.91x
Quick Ratio	0.62x	0.39x	0.41x	0.77x	1.78x	4.43x	5.41x	1.89x	1.30x	1.91x
Cash Conversion Cycle	-120.31	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	42.05M	57.43M	70.17M	41.7M	2.17M	1.95M	1.56M	2.69M	9.23M	5.84M
Long-Term Debt	37.98M	55.91M	66.5M	38.29M	0	82K	0	0	0	0
Capital Lease Obligations	0	0	0	0	300K	195K	81K	0	227K	129K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	6.84M	0
Other Non-Current Liabilities	189K	1.51M	3.67M	3.41M	1.87M	1.67M	1.48M	2.69M	2.17M	5.71M
Total Liabilities	49.62M	60.74M	73.54M	50.55M	17.39M	3.93M	6.74M	19.65M	28.13M	12.74M
Total Debt+	43.21M	56.8M	67.08M	38.29M	397K	670K	195K	81K	316K	228K
Net Debt	42.07M	56.14M	66.17M	34.83M	-22.02M	-7.36M	-25.73M	-29.35M	-18.2M	-3.78M
Debt / Equity	2.87x	-	-	2.26x	0.00x	0.01x	0.00x	0.00x	0.00x	0.00x
Debt / EBITDA	-	-	-	-	0.47x	-	0.03x	0.01x	0.03x	0.01x
Net Debt / EBITDA	-	-	-	-	-26.18x	-	-4.59x	-2.11x	-1.69x	-0.18x
Interest Coverage	-0.69x	-0.41x	-1.84x	-1.17x	-12.41x	-16911.00x	-1867.00x	-	-	-
Total Equity+	15.04M	-1.96M	-37.14M	16.97M	105.5M	75.64M	91.48M	96.46M	101.45M	121.1M
Equity Growth %	11.57%	-1.13%	-17.99%	1.46%	5.22%	-0.28%	0.21%	0.05%	0.05%	0.19%
Book Value per Share	3.62	-0.40	-6.35	1.50	2.06	1.05	1.14	1.13	1.17	1.36
Total Shareholders' Equity	15.1M	-1.96M	-37.14M	16.97M	105.5M	75.64M	91.48M	96.46M	101.45M	121.1M
Common Stock	45K	55K	7K	16K	71K	72K	84K	86K	87K	89K
Retained Earnings	-82.11M	-101.73M	-138.1M	-84.49M	-95.6M	-128.29M	-129.59M	-126.74M	-123.79M	-106M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	-11.07M	-33.64M	-21.05M	0	0	0	0	0	0
Minority Interest	-59K	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-7.62M	-5.97M	-236K	-1.49M	1.67M	12K	5.97M	15.98M	23.48M	12.77M
Operating CF Margin %	-1.43%	-1.51%	-0.08%	-0.33%	0.13%	0%	0.38%	0.53%	0.76%	0.32%
Operating CF Growth %	-0.57%	0.22%	0.96%	-5.33%	2.12%	-0.99%	496.5%	1.68%	0.47%	-0.46%
Net Income	-21.32M	-19.62M	-36.37M	53.61M	-11.1M	-32.69M	-1.3M	2.84M	264K	17.79M
Depreciation & Amortization	5.14M	5.08M	3.75M	6.52M	11.07M	11.43M	7.48M	11.26M	10.97M	16.03M
Stock-Based Compensation	3.6M	1.48M	655K	862K	1.56M	2.82M	2.45M	2.1M	2.04M	1.86M
Deferred Taxes	337K	0	18.95M	0	-1.04M	0	0	-25.41M	0	-12.75M
Other Non-Cash Items	6.85M	11.18M	10.32M	-64.94M	161K	19.36M	-2.18M	25.41M	4.27M	114K
Working Capital Changes	-2.24M	-4.09M	2.45M	2.45M	1.02M	-910K	-481K	-215K	5.93M	-10.28M
Change in Receivables	1.96M	962K	163K	-541K	-3.76M	3.94M	-1.12M	-648K	0	-2.2M
Change in Inventory	516K	0	0	0	0	0	0	0	0	0
Change in Payables	-4.05M	-3.28M	-2K	408K	5.41M	-3.2M	-356K	-159K	-11K	541K
Cash from Investing+	265K	-75K	0	-23.12M	-39.74M	-14.77M	-2.76M	-12.27M	-35.74M	-26.87M
Capital Expenditures	-235K	-75K	0	-22.96M	-1.2M	0	-35K	-12.25M	-35M	-169K
CapEx % of Revenue	0.04%	0.02%	-	5.08%	0.09%	-	0%	0.41%	1.14%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-735K	-75K	0	-155K	-38.52M	-14.77M	-4.6M	-14K	-747K	-26.7M
Cash from Financing+	1.82M	5.57M	494K	29.47M	58M	370K	14.69M	35K	0	0
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	2.68M	0	0	-1.03M	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-7.85M	-6.05M	-236K	-24.46M	468K	12K	5.93M	3.73M	23.44M	12.6M
FCF Margin %	-1.47%	-1.52%	-0.08%	-5.41%	0.04%	0%	0.37%	0.12%	0.76%	0.32%
FCF Growth %	0.77%	0.23%	0.96%	-102.63%	1.02%	-0.97%	493.58%	-0.37%	5.28%	-0.46%
FCF per Share	-1.89	-1.24	-0.04	-2.16	0.01	0.00	0.07	0.04	0.27	0.14
FCF Conversion (FCF/Net Income)	0.36x	0.30x	0.01x	-0.03x	-0.15x	-0.00x	-4.60x	5.62x	88.94x	0.72x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-313.15%	-299.96%	-	315.86%	-18.13%	-36.09%	-1.55%	3.03%	0.27%	15.99%
Return on Invested Capital (ROIC)	-18.29%	-7.63%	-42.49%	-16.71%	-11.34%	-33.43%	-2.09%	2.97%	-0.2%	3.53%
Gross Margin	-30.96%	-70.54%	-69.22%	-106.5%	-37.59%	-95.78%	16%	28.25%	32.74%	28.28%
Net Margin	-400.23%	-494.43%	-1206.3%	1185.21%	-85.58%	-405.63%	-8.19%	9.47%	0.86%	44.98%
Debt / Equity	2.87x	-	-	2.26x	0.00x	0.01x	0.00x	0.00x	0.00x	0.00x
Interest Coverage	-0.69x	-0.41x	-1.84x	-1.17x	-12.41x	-16911.00x	-1867.00x	-	-	-
FCF Conversion	0.36x	0.30x	0.01x	-0.03x	-0.15x	-0.00x	-4.60x	5.62x	88.94x	0.72x
Revenue Growth	10.68%	-25.5%	-24.02%	50.02%	186.8%	-37.87%	96.8%	89.37%	2.5%	28.49%

Revenue by Segment

	2022	2023	2024
Oil Sales	27.67M	27.93M	36.19M
Oil Sales Growth	-	0.93%	29.61%
Natural Gas Liquids Sales	788K	1.42M	2.14M
Natural Gas Liquids Sales Growth	-	80.33%	50.88%
Natural Gas Sales	1.58M	1.44M	1.22M
Natural Gas Sales Growth	-	-8.81%	-15.44%

Frequently Asked Questions

Valuation & Price

PEDEVCO Corp. (PED) has a price-to-earnings (P/E) ratio of 2.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

PEDEVCO Corp. (PED) reported $33.2M in revenue for fiscal year 2024. This represents a 7345% increase from $0.4M in 2011.

PEDEVCO Corp. (PED) grew revenue by 28.5% over the past year. This is strong growth.

Yes, PEDEVCO Corp. (PED) is profitable, generating $9.6M in net income for fiscal year 2024 (45.0% net margin).

Dividend & Returns

PEDEVCO Corp. (PED) has a return on equity (ROE) of 16.0%. This is reasonable for most industries.

PEDEVCO Corp. (PED) generated $17.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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PEDEVCO Corp. (PED) 10-Year Financial Performance & Capital Metrics

PED • • Industrial / General

EnergyOil & Gas E&PUnconventional Shale E&POther Shale Play Operators

Revenue $40M +28.5%
EBITDA $21M +92.5%
Net Income $18M +6638.3%
EPS (Diluted) 0.20 +6566.7%
Gross Margin 28.28% -13.6%
EBITDA Margin 52.45% +49.8%
Operating Margin 11.93% +1954.1%
Net Margin 44.98% +5144.3%
ROE 15.99% +5891.9%
ROIC 3.53% +1886.2%
Debt/Equity 0.00 -39.6%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓FCF machine: 31.8% free cash flow margin
✓Strong 5Y sales CAGR of 25.0%
✓Trading at only 0.4x book value

✗Weaknesses

✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y23.45%

5Y24.98%

3Y35.61%

TTM-6.93%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM307.11%

EPS CAGR

10Y-

5Y-

3Y-

TTM335.32%

ROCE

10Y Avg-15.2%

5Y Avg-6.44%

3Y Avg2.17%

Latest3.97%

Peer Comparison

Other Shale Play Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MGYMagnolia Oil & Gas Corporation	4.12B	22.49	11.59	7.25%	25.9%	17.05%	10.48%	0.21
KGEIKolibri Global Energy Inc.	126.93M	3.59	7.04	15.84%	24.74%	8.88%	6.02%	0.18
REPXRiley Exploration Permian, Inc.	616.01M	28.04	6.58	9.37%	21.73%	15.25%	18.89%	0.54
MNRMach Natural Resources LP	1.85B	11.01	5.79	27.2%	28.51%	14.85%	15.37%	0.64
CHRDChord Energy Corporation	5.23B	91.94	5.74	34.76%	3.31%	2.11%	17.56%	0.12
CIVICivitas Resources, Inc.	2.27B	26.55	3.14	49.76%	13.56%	9.55%	39.44%	0.68
REIRing Energy, Inc.	201.01M	0.97	2.85	1.46%	-5.01%	-1.91%	18.95%	0.45
PEDPEDEVCO Corp.	51.29M	0.54	2.69	28.49%	28.75%	8.29%	24.56%	0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	5.33M	3.97M	3.02M	4.52M	12.97M	8.06M	15.86M	30.03M	30.78M	39.55M
Revenue Growth %	0.11%	-0.25%	-0.24%	0.5%	1.87%	-0.38%	0.97%	0.89%	0.02%	0.28%
Cost of Goods Sold+	6.97M	6.77M	5.1M	9.34M	17.85M	15.78M	13.32M	21.55M	20.71M	28.37M
COGS % of Revenue	1.31%	1.71%	1.69%	2.07%	1.38%	1.96%	0.84%	0.72%	0.67%	0.72%
Gross Profit+	-1.65M	-2.8M	-2.09M	-4.82M	-4.88M	-7.72M	2.54M	8.48M	10.08M	11.18M
Gross Margin %	-0.31%	-0.71%	-0.69%	-1.07%	-0.38%	-0.96%	0.16%	0.28%	0.33%	0.28%
Gross Profit Growth %	-1.76%	-0.7%	0.25%	-1.31%	-0.01%	-0.58%	1.33%	2.34%	0.19%	0.11%
Operating Expenses+	7.66M	4.14M	2.53M	4.19M	5.35M	26.1M	4.4M	5.85M	10.28M	6.47M
OpEx % of Revenue	1.44%	1.04%	0.84%	0.93%	0.41%	3.24%	0.28%	0.19%	0.33%	0.16%
Selling, General & Admin	6.96M	3.91M	2.53M	4.14M	5.79M	6.74M	6.21M	5.85M	6.01M	6.39M
SG&A % of Revenue	1.31%	0.99%	0.84%	0.92%	0.45%	0.84%	0.39%	0.19%	0.2%	0.16%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	701K	1.28M	2K	47K	-434K	19.36M	-1.8M	0	4.27M	76K
Operating Income+	-9.65M	-5.66M	-23.57M	-9M	-10.23M	-33.82M	-1.87M	2.63M	-198K	4.72M
Operating Margin %	-1.81%	-1.43%	-7.82%	-1.99%	-0.79%	-4.2%	-0.12%	0.09%	-0.01%	0.12%
Operating Income Growth %	0.56%	0.41%	-3.16%	0.62%	-0.14%	-2.31%	0.94%	2.41%	-1.08%	24.82%
EBITDA+	-4.5M	-580K	-19.82M	-2.48M	841K	-22.39M	5.61M	13.88M	10.78M	20.75M
EBITDA Margin %	-0.85%	-0.15%	-6.57%	-0.55%	0.06%	-2.78%	0.35%	0.46%	0.35%	0.52%
EBITDA Growth %	0.79%	0.87%	-33.17%	0.87%	1.34%	-27.62%	1.25%	1.48%	-0.22%	0.93%
D&A (Non-Cash Add-back)	5.14M	5.08M	3.75M	6.52M	11.07M	11.43M	7.48M	11.26M	10.97M	16.03M
EBIT	-7.42M	-5.66M	-23.57M	61.31M	-10.28M	-32.69M	-1.3M	2.63M	4.07M	4.79M
Net Interest Income+	-13.86M	-13.96M	-12.8M	-7.7M	-769K	38K	14K	117K	422K	351K
Interest Income	40K	0	0	1K	55K	40K	15K	117K	422K	351K
Interest Expense	13.9M	13.96M	12.8M	7.7M	824K	2K	1K	0	0	0
Other Income/Expense	-11.67M	-13.96M	-12.8M	62.61M	-875K	1.13M	568K	214K	462K	321K
Pretax Income+	-21.32M	-19.62M	-36.37M	53.61M	-11.1M	-32.69M	-1.3M	2.84M	264K	5.04M
Pretax Margin %	-4%	-4.94%	-12.06%	11.85%	-0.86%	-4.06%	-0.08%	0.09%	0.01%	0.13%
Income Tax+	0	0	0	0	0	0	0	0	0	-12.75M
Effective Tax Rate %	1%	1%	1%	1%	1%	1%	1%	1%	1%	3.53%
Net Income+	-21.32M	-19.62M	-36.37M	53.61M	-11.1M	-32.69M	-1.3M	2.84M	264K	17.79M
Net Margin %	-4%	-4.94%	-12.06%	11.85%	-0.86%	-4.06%	-0.08%	0.09%	0.01%	0.45%
Net Income Growth %	0.29%	0.08%	-0.85%	2.47%	-1.21%	-1.94%	0.96%	3.19%	-0.91%	66.38%
Net Income (Continuing)	-21.32M	-19.62M	-36.37M	53.61M	-11.1M	-32.69M	-1.3M	2.84M	264K	17.79M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	-59K	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-5.13	-4.02	-6.22	4.74	-0.23	-0.47	-0.02	0.03	0.00	0.20
EPS Growth %	0.52%	0.22%	-0.55%	1.76%	-1.05%	-1.04%	0.96%	2.8%	-0.91%	-
EPS (Basic)	-5.13	-4.02	-6.22	4.80	-0.23	-0.47	-0.02	0.03	0.00	0.20
Diluted Shares Outstanding	4.15M	4.89M	5.85M	11.31M	51.21M	72.21M	79.96M	85.51M	87.03M	89.24M
Basic Shares Outstanding	4.15M	4.89M	5.85M	11.17M	51.21M	72.21M	79.96M	85.51M	87.03M	89.23M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	4.91M	1.3M	1.39M	6.83M	27.09M	8.75M	28.04M	32.11M	24.61M	13.21M
Cash & Short-Term Investments	1.14M	659K	917K	3.46M	22.41M	8.03M	25.93M	29.43M	18.52M	4.01M
Cash Only	1.14M	659K	917K	3.46M	22.41M	8.03M	25.93M	29.43M	18.52M	4.01M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	633K	464K	301K	842K	4.6M	660K	1.78M	2.43M	5.83M	8.29M
Days Sales Outstanding	43.38	42.68	36.44	67.95	129.49	29.89	41.01	29.53	69.15	76.48
Inventory	252K	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	13.19	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	176K	2.42M	0	66K	0	0	260K	917K
Total Non-Current Assets+	59.74M	57.48M	35.01M	60.7M	95.81M	70.81M	70.18M	84M	104.98M	120.63M
Property, Plant & Equipment	58.77M	57.4M	34.92M	60.46M	92.21M	67.27M	66.64M	80.22M	94.59M	103.74M
Fixed Asset Turnover	0.09x	0.07x	0.09x	0.07x	0.14x	0.12x	0.24x	0.37x	0.33x	0.38x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	4K	4K	0	0	0	3.3M	0	0	3.3M	3.53M
Other Non-Current Assets	969K	85K	85K	238K	3.6M	246K	3.54M	3.78M	243K	613K
Total Assets+	64.65M	58.78M	36.4M	67.53M	122.9M	79.56M	98.22M	116.11M	129.59M	133.84M
Asset Turnover	0.08x	0.07x	0.08x	0.07x	0.11x	0.10x	0.16x	0.26x	0.24x	0.30x
Asset Growth %	0.55%	-0.09%	-0.38%	0.86%	0.82%	-0.35%	0.23%	0.18%	0.12%	0.03%
Total Current Liabilities+	7.57M	3.31M	3.37M	8.85M	15.22M	1.98M	5.18M	16.96M	18.9M	6.91M
Accounts Payable	3.38M	103K	101K	4.51M	12.1M	212K	2.63M	1.56M	6.58M	2.63M
Days Payables Outstanding	176.87	5.56	7.23	176.21	247.43	4.9	71.94	26.35	115.99	33.77
Short-Term Debt	1.35M	888K	588K	0	0	288K	0	0	89K	0
Deferred Revenue (Current)	475K	517K	557K	0	0	0	0	0	0	0
Other Current Liabilities	475K	517K	557K	950K	1.05M	1.07M	49K	472K	12.23M	1.93M
Current Ratio	0.65x	0.39x	0.41x	0.77x	1.78x	4.43x	5.41x	1.89x	1.30x	1.91x
Quick Ratio	0.62x	0.39x	0.41x	0.77x	1.78x	4.43x	5.41x	1.89x	1.30x	1.91x
Cash Conversion Cycle	-120.31	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	42.05M	57.43M	70.17M	41.7M	2.17M	1.95M	1.56M	2.69M	9.23M	5.84M
Long-Term Debt	37.98M	55.91M	66.5M	38.29M	0	82K	0	0	0	0
Capital Lease Obligations	0	0	0	0	300K	195K	81K	0	227K	129K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	6.84M	0
Other Non-Current Liabilities	189K	1.51M	3.67M	3.41M	1.87M	1.67M	1.48M	2.69M	2.17M	5.71M
Total Liabilities	49.62M	60.74M	73.54M	50.55M	17.39M	3.93M	6.74M	19.65M	28.13M	12.74M
Total Debt+	43.21M	56.8M	67.08M	38.29M	397K	670K	195K	81K	316K	228K
Net Debt	42.07M	56.14M	66.17M	34.83M	-22.02M	-7.36M	-25.73M	-29.35M	-18.2M	-3.78M
Debt / Equity	2.87x	-	-	2.26x	0.00x	0.01x	0.00x	0.00x	0.00x	0.00x
Debt / EBITDA	-	-	-	-	0.47x	-	0.03x	0.01x	0.03x	0.01x
Net Debt / EBITDA	-	-	-	-	-26.18x	-	-4.59x	-2.11x	-1.69x	-0.18x
Interest Coverage	-0.69x	-0.41x	-1.84x	-1.17x	-12.41x	-16911.00x	-1867.00x	-	-	-
Total Equity+	15.04M	-1.96M	-37.14M	16.97M	105.5M	75.64M	91.48M	96.46M	101.45M	121.1M
Equity Growth %	11.57%	-1.13%	-17.99%	1.46%	5.22%	-0.28%	0.21%	0.05%	0.05%	0.19%
Book Value per Share	3.62	-0.40	-6.35	1.50	2.06	1.05	1.14	1.13	1.17	1.36
Total Shareholders' Equity	15.1M	-1.96M	-37.14M	16.97M	105.5M	75.64M	91.48M	96.46M	101.45M	121.1M
Common Stock	45K	55K	7K	16K	71K	72K	84K	86K	87K	89K
Retained Earnings	-82.11M	-101.73M	-138.1M	-84.49M	-95.6M	-128.29M	-129.59M	-126.74M	-123.79M	-106M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	-11.07M	-33.64M	-21.05M	0	0	0	0	0	0
Minority Interest	-59K	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-7.62M	-5.97M	-236K	-1.49M	1.67M	12K	5.97M	15.98M	23.48M	12.77M
Operating CF Margin %	-1.43%	-1.51%	-0.08%	-0.33%	0.13%	0%	0.38%	0.53%	0.76%	0.32%
Operating CF Growth %	-0.57%	0.22%	0.96%	-5.33%	2.12%	-0.99%	496.5%	1.68%	0.47%	-0.46%
Net Income	-21.32M	-19.62M	-36.37M	53.61M	-11.1M	-32.69M	-1.3M	2.84M	264K	17.79M
Depreciation & Amortization	5.14M	5.08M	3.75M	6.52M	11.07M	11.43M	7.48M	11.26M	10.97M	16.03M
Stock-Based Compensation	3.6M	1.48M	655K	862K	1.56M	2.82M	2.45M	2.1M	2.04M	1.86M
Deferred Taxes	337K	0	18.95M	0	-1.04M	0	0	-25.41M	0	-12.75M
Other Non-Cash Items	6.85M	11.18M	10.32M	-64.94M	161K	19.36M	-2.18M	25.41M	4.27M	114K
Working Capital Changes	-2.24M	-4.09M	2.45M	2.45M	1.02M	-910K	-481K	-215K	5.93M	-10.28M
Change in Receivables	1.96M	962K	163K	-541K	-3.76M	3.94M	-1.12M	-648K	0	-2.2M
Change in Inventory	516K	0	0	0	0	0	0	0	0	0
Change in Payables	-4.05M	-3.28M	-2K	408K	5.41M	-3.2M	-356K	-159K	-11K	541K
Cash from Investing+	265K	-75K	0	-23.12M	-39.74M	-14.77M	-2.76M	-12.27M	-35.74M	-26.87M
Capital Expenditures	-235K	-75K	0	-22.96M	-1.2M	0	-35K	-12.25M	-35M	-169K
CapEx % of Revenue	0.04%	0.02%	-	5.08%	0.09%	-	0%	0.41%	1.14%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-735K	-75K	0	-155K	-38.52M	-14.77M	-4.6M	-14K	-747K	-26.7M
Cash from Financing+	1.82M	5.57M	494K	29.47M	58M	370K	14.69M	35K	0	0
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	2.68M	0	0	-1.03M	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-7.85M	-6.05M	-236K	-24.46M	468K	12K	5.93M	3.73M	23.44M	12.6M
FCF Margin %	-1.47%	-1.52%	-0.08%	-5.41%	0.04%	0%	0.37%	0.12%	0.76%	0.32%
FCF Growth %	0.77%	0.23%	0.96%	-102.63%	1.02%	-0.97%	493.58%	-0.37%	5.28%	-0.46%
FCF per Share	-1.89	-1.24	-0.04	-2.16	0.01	0.00	0.07	0.04	0.27	0.14
FCF Conversion (FCF/Net Income)	0.36x	0.30x	0.01x	-0.03x	-0.15x	-0.00x	-4.60x	5.62x	88.94x	0.72x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-313.15%	-299.96%	-	315.86%	-18.13%	-36.09%	-1.55%	3.03%	0.27%	15.99%
Return on Invested Capital (ROIC)	-18.29%	-7.63%	-42.49%	-16.71%	-11.34%	-33.43%	-2.09%	2.97%	-0.2%	3.53%
Gross Margin	-30.96%	-70.54%	-69.22%	-106.5%	-37.59%	-95.78%	16%	28.25%	32.74%	28.28%
Net Margin	-400.23%	-494.43%	-1206.3%	1185.21%	-85.58%	-405.63%	-8.19%	9.47%	0.86%	44.98%
Debt / Equity	2.87x	-	-	2.26x	0.00x	0.01x	0.00x	0.00x	0.00x	0.00x
Interest Coverage	-0.69x	-0.41x	-1.84x	-1.17x	-12.41x	-16911.00x	-1867.00x	-	-	-
FCF Conversion	0.36x	0.30x	0.01x	-0.03x	-0.15x	-0.00x	-4.60x	5.62x	88.94x	0.72x
Revenue Growth	10.68%	-25.5%	-24.02%	50.02%	186.8%	-37.87%	96.8%	89.37%	2.5%	28.49%

Revenue by Segment

	2022	2023	2024
Oil Sales	27.67M	27.93M	36.19M
Oil Sales Growth	-	0.93%	29.61%
Natural Gas Liquids Sales	788K	1.42M	2.14M
Natural Gas Liquids Sales Growth	-	80.33%	50.88%
Natural Gas Sales	1.58M	1.44M	1.22M
Natural Gas Sales Growth	-	-8.81%	-15.44%

Frequently Asked Questions

Valuation & Price

PEDEVCO Corp. (PED) has a price-to-earnings (P/E) ratio of 2.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

PEDEVCO Corp. (PED) reported $33.2M in revenue for fiscal year 2024. This represents a 7345% increase from $0.4M in 2011.

PEDEVCO Corp. (PED) grew revenue by 28.5% over the past year. This is strong growth.

Yes, PEDEVCO Corp. (PED) is profitable, generating $9.6M in net income for fiscal year 2024 (45.0% net margin).

Dividend & Returns

PEDEVCO Corp. (PED) has a return on equity (ROE) of 16.0%. This is reasonable for most industries.

PEDEVCO Corp. (PED) generated $17.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.