PED Stock Summary and Trading Ideas (Pedevco Corp. | AMEX:PED)

PEDEVCO Corp is an oil and gas company focused on oil and natural gas development, exploration, and production. The company focuses on legacy properties where there is a long production history, well-defined geology and existing infrastructure that can be leveraged when applying modern field management technologies. The current properties of the company 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.

Pedevco Corp. trades on the AMEX stock market under the symbol PED.

As of January 6, 2026, PED stock price declined to $0.56 with 76,663 million shares trading.

PED has a beta of 0.72, meaning it tends to be less sensitive to market movements. PED has a correlation of 0.06 to the broad based SPY ETF.

PED has a market cap of $53.51 million. This is considered a Micro Cap stock.

Last quarter Pedevco Corp. reported $7 million in Revenue and $.00 earnings per share. This fell short of revenue expectation by $-656,000 and missed earnings estimates by -$.01.

In the last 3 years, PED traded as high as $1.19 and as low as $.43.

The top ETF exchange traded funds that PED belongs to (by Net Assets): VTI, VXF, BSVO.

PED has underperformed the market in the last year with a price return of -30.4% while the SPY ETF gained +17.4%. PED has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.2% and -1.7%, respectively, while the SPY returned +3.3% and +0.6%, respectively.

PED support price is $.56 and resistance is $.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PED shares will trade within this expected range on the day.