PEDEVCO Stock Price. Everything You Need To Know About The PEDEVCO Stock!
PEDEVCO Corp. is an oil and natural gas company that specializes in the acquisition, exploration, and development of energy assets. The company, headquartered in Houston, Texas, went public on May 2, 2003, and currently employs 14 full-time employees.
PEDEVCO Corp.’s energy assets are primarily located in two basins – the San Andres formation of the Permian Basin in West Texas and eastern New Mexico, and the Denver-Julesberg Basin (D-J Basin) in Colorado. The company holds approximately 32,870 net Permian Basin acres and approximately 11,580 net D-J Basin acres, providing a strong foundation for future growth.
To manage these energy assets, PEDEVCO Corp. has two wholly-owned operating subsidiaries, Pacific Energy Development Corp. (PEDCO) and Red Hawk Petroleum, LLC (Red Hawk). PEDCO manages the Permian Basin Asset, which includes 385 gross (381 net) wells, while Red Hawk manages the D-J Basin Asset.
PEDEVCO Corp. recognizes the importance of sustainable and responsible energy exploration and development. The company’s focus on the Permian Basin and D-J Basin allows it to tap into some of the richest sources of oil and natural gas in the United States, making it a potentially attractive investment opportunity for those interested in the stock price, shares, and market cap of the company.
However, it’s important to conduct thorough research and analysis before considering investing in any company, including PEDEVCO Corp. By keeping up-to-date with the latest trends and developments in the energy industry, investors can make more informed investment decisions.
PEDEVCO Stock Price. Everything You Need To Know About The PEDEVCO Stock! performance
- Employees 14
- Company HQ Houston
- Website https://www.pacificenergydevelopment.com/
- PED Asset Type Common Stock
- PED Market Capitalization 86.7M
- Earnings Per Share 0
- Dividends Per Share None
- Dividend Date 2017-04-10
- Quarterly Earnings Growth 0
PEDEVCO Corp. (PEDEVCO) is an emerging energy company that focuses on the development and production of oil and natural gas resources in the United States. With a strong presence in key producing areas such as the Permian Basin and the Eagle Ford shale, PEDEVCO offers a compelling investment opportunity for retail investors from Malaysia, Thailand, Indonesia, and Vietnam. By investing in PEDEVCO stock, investors can gain exposure to the promising US energy sector and potentially benefit from the company’s growth potential. To invest in PEDEVCO from these countries, retail investors can utilize the services of Zorion, an investment platform that provides access to US stocks and offers investment insights and recommendations. By leveraging these resources, investors can make informed decisions and further their investment knowledge to maximize their returns.
