PEDEVCO Corp.

Equities

PED

US70532Y3036

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:10:00 2024-04-26 pm EDT			5-day change	1st Jan Change
0.97 ^USD	-0.48%		-5.83%	+25.96%

Apr. 17	PEDEVCO Corp. Provides Update on New Permian Basin Wells	CI
Mar. 18	PEDEVCO Corp. Announces Production Results for the Year Ended December 31, 2023	CI

PEDEVCO Corp. Announces Approval of D-J Basin Development Plan for Roth 2-11 Wells and Operations Update

February 05, 2024 at 05:21 pm EST

PEDEVCO Corp. announced that it received approval on January 31, 2024 from the Colorado Energy and Carbon Management Commission (ECMC) of the Company's Roth 2-11 Oil and Gas Development Plan (OGDP), which covers 2,560 acres and up to 11 horizontal Niobrara wells in Weld County, Colorado. The Company plans to commence drilling operations in second quarter 2024, with initial production anticipated in the second half of 2024.

Latest news about PEDEVCO Corp.

PEDEVCO Corp. Provides Update on New Permian Basin Wells	Apr. 17	CI
PEDEVCO Corp. Announces Production Results for the Year Ended December 31, 2023	Mar. 18	CI
PEDEVCO Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 18	CI
PEDEVCO Corp. Announces Approval of D-J Basin Development Plan for Roth 2-11 Wells and Operations Update	Feb. 05	CI
Earnings Flash (PED) PEDEVCO Posts Q3 Revenue $7.3M	Nov. 09	MT
Earnings Flash (PED) PEDEVCO Posts Q3 Revenue $7.3M	Nov. 09	MT
PEDEVCO Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Evolution Petroleum Corporation and PEDEVCO Corp. Enter into Strategic Partnership to Jointly Develop PEDEVCO?s Chaveroo Field in Permian Basin	23-09-13	CI
EF Hutton Adjusts PEDEVCO's Price Target to $2.50 From $2.40, Keeps Buy Rating	23-08-15	MT
PEDEVCO Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
PEDEVCO Corp. Announces Demise of Ivar Siem, Director	23-07-19	CI
EF Hutton Assumes PEDEVCO at Buy With $2.40 Price Target	23-07-05	MT
PEDEVCO Corp.(NYSEAM:PED) dropped from Russell 3000E Growth Index	23-06-23	CI
PEDEVCO Corp.(NYSEAM:PED) dropped from Russell Microcap Value Index	23-06-23	CI
PEDEVCO Corp.(NYSEAM:PED) dropped from Russell 3000E Value Index	23-06-23	CI
PEDEVCO Corp.(NYSEAM:PED) dropped from Russell Microcap Growth Index	23-06-23	CI
PEDEVCO Corp.(NYSEAM:PED) dropped from Russell 3000E Index	23-06-23	CI
PEDEVCO Corp.(NYSEAM:PED) dropped from Russell Microcap Index	23-06-23	CI
Insider Buy: Pedevco	23-06-20	MT
PEDEVCO Corp. Announces Expansion into Wyoming D-J Basin Codell Play	23-06-14	CI
PEDEVCO Corp. acquired 4,000 Net Leasehold Acres in Southeastern Wyoming's D-J Basin.	23-06-13	CI
PEDEVCO Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Insider Buy: Pedevco	23-04-03	MT
PEDEVCO Corp. Reports Production Results for the Year Ended December 31, 2022	23-03-29	CI
EF Hutton Assumes Coverage on PEDEVCO With Buy Rating, $2.40 Price Target	22-12-22	MT

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Company Profile

PEDEVCO Corp. is an oil and gas company focused on the acquisition and development of oil and natural gas assets. Its properties 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. The Company holds approximately 22,721 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico, through its wholly owned subsidiary, Pacific Energy Development Corp. (PEDCO), which is referred to as Permian Basin Asset and approximately 19,214 net D-J Basin acres located in Weld and Morgan Counties, Colorado, and Laramie County, Wyoming, through its wholly owned operating subsidiary, Red Hawk Petroleum, LLC (Red Hawk), which is referred to as D-J Basin Asset. It holds interests in 300 gross and net wells in its Permian Basin Asset, of which 25 are active producers, two wells are active injectors and two are active saltwater disposal wells.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-12 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.97 USD

Average target price

2.2 USD

Spread / Average Target

+126.80%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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