Analyzing PEDEVCO (NYSE:PED) and Ring Energy (NYSE:REI)

PEDEVCO (NYSE:PEDGet Rating) and Ring Energy (NYSE:REIGet Rating) are both small-cap oils/energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, valuation, risk, profitability, analyst recommendations, earnings and institutional ownership.

Institutional & Insider Ownership

5.0% of PEDEVCO shares are held by institutional investors. Comparatively, 29.2% of Ring Energy shares are held by institutional investors. 70.3% of PEDEVCO shares are held by company insiders. Comparatively, 1.3% of Ring Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Earnings and Valuation

This table compares PEDEVCO and Ring Energy’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
PEDEVCO $15.86 million 6.79 -$1.30 million N/A N/A
Ring Energy $196.31 million 2.32 $3.32 million $0.22 19.36

Ring Energy has higher revenue and earnings than PEDEVCO.

Volatility & Risk

PEDEVCO has a beta of 0.98, suggesting that its stock price is 2% less volatile than the S&P 500. Comparatively, Ring Energy has a beta of 1.86, suggesting that its stock price is 86% more volatile than the S&P 500.

Profitability

This table compares PEDEVCO and Ring Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PEDEVCO -3.54% -0.77% -0.72%
Ring Energy 13.11% 14.87% 6.22%

Analyst Recommendations

This is a summary of recent recommendations for PEDEVCO and Ring Energy, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PEDEVCO 0 0 0 0 N/A
Ring Energy 0 0 0 0 N/A

Summary

Ring Energy beats PEDEVCO on 7 of the 9 factors compared between the two stocks.

About PEDEVCO (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.

About Ring Energy (Get Rating)

Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company's proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008. Ring Energy, Inc. was incorporated in 2004 and is headquartered in The Woodlands, Texas.

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