Head to Head Comparison: PEDEVCO (PED) vs. Its Competitors

PEDEVCO (NYSE:PEDGet Rating) is one of 279 publicly-traded companies in the “Crude petroleum & natural gas” industry, but how does it weigh in compared to its competitors? We will compare PEDEVCO to related companies based on the strength of its dividends, risk, valuation, institutional ownership, analyst recommendations, earnings and profitability.

Volatility & Risk

PEDEVCO has a beta of 0.88, suggesting that its share price is 12% less volatile than the S&P 500. Comparatively, PEDEVCO’s competitors have a beta of 1.34, suggesting that their average share price is 34% more volatile than the S&P 500.

Insider & Institutional Ownership

7.5% of PEDEVCO shares are owned by institutional investors. Comparatively, 48.6% of shares of all “Crude petroleum & natural gas” companies are owned by institutional investors. 70.3% of PEDEVCO shares are owned by company insiders. Comparatively, 9.8% of shares of all “Crude petroleum & natural gas” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current ratings and price targets for PEDEVCO and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PEDEVCO 0 0 0 0 N/A
PEDEVCO Competitors 2211 10909 15675 600 2.50

As a group, “Crude petroleum & natural gas” companies have a potential upside of 7.20%. Given PEDEVCO’s competitors higher possible upside, analysts clearly believe PEDEVCO has less favorable growth aspects than its competitors.

Profitability

This table compares PEDEVCO and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PEDEVCO -8.19% -1.49% -1.41%
PEDEVCO Competitors -14.35% 0.23% 6.76%

Earnings & Valuation

This table compares PEDEVCO and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PEDEVCO $15.86 million -$1.30 million -128.00
PEDEVCO Competitors $8.94 billion $557.26 million 3.77

PEDEVCO’s competitors have higher revenue and earnings than PEDEVCO. PEDEVCO is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

PEDEVCO competitors beat PEDEVCO on 7 of the 9 factors compared.

PEDEVCO Company Profile (Get Rating)

PEDEVCO 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.

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