PED stock forecast, quote, news & analysis
PEDEVCO Corp is an oil and gas company focused on oil and natural gas development, exploration, and production... Show more
Why PEDEVCO (PED) Stock Is Up +22.8% in the Last 30 Days
Key Takeaways
- PEDEVCO (PED) rose roughly 22.8% over the trailing 30 days, from a closing price of $12.81 in early October to about $15.73 in recent trading.
- The move extends a broader rebound: the stock is up more than 50% from its early-August lows near $10.
- Momentum has been driven by a late-October rally ahead of the company's third-quarter earnings report, scheduled for November 12, 2026, alongside sustained strength in domestic oil and gas equities.
- Company-specific catalysts include PEDEVCO's September acquisition of additional Wyoming acreage in a Bureau of Land Management lease sale, expanding its Mowry Shale position.
- Investors are also weighing a leadership transition, cost-optimization efforts, and a 2026 capital program weighted toward the D-J Basin.
- For more detail on this ticker's Price Targets, Earnings, and Forecast, explore the dedicated pages covering these metrics.
- You can also explore Trending AI Robots to see how automated strategies are positioning across the market.
PEDEVCO (PED) Company Overview and Market Position
PEDEVCO Corp. (NYSE American: PED) is a Houston-based oil and natural gas exploration and production (E&P) company focused on acquiring and developing legacy conventional assets where modern drilling and completion techniques can still be applied. The company operates across the Denver-Julesburg (D-J) Basin in Colorado and Wyoming, the Powder River Basin in southeastern Wyoming, and the San Andres formation of the Permian Basin in New Mexico.
The company's scale changed materially following its October 2025 merger with certain portfolio companies controlled by Juniper Capital Advisors, which added more than 300,000 net acres of leasehold and oil-weighted production, bringing output above 6,500 barrels of oil equivalent per day at closing. That transaction also made Juniper the company's majority shareholder. Investors follow PED for its exposure to domestic oil and gas production, its drilling inventory, and its stated focus on capital discipline and cash generation.
PEDEVCO (PED) Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 days, PED advanced approximately 22.8%, moving from a closing price of $12.81 to roughly $15.73 in recent trading. The stock consolidated in a narrow range through the first half of October before breaking higher, closing at $16.64 on October 30 and continuing to trade near the mid-$15 level.
The move is part of a larger recovery. Three months ago, PED traded near $10.44, meaning the shares have gained more than 50% over the trailing quarter. After a volatile post-merger period in mid-2026 that saw a sharp spike followed by a retreat to lows around $10 in late July and early August, the stock has rebuilt steadily on improving sentiment toward domestic energy producers and company-specific operational updates.
What Drove PED Stock Price in the Last 30 Days
The recent advance has been propelled by a combination of sector tailwinds and company-specific developments. Energy equities broadly benefited from firmer crude oil sentiment during the period, supporting small-cap E&P names like PED. On the company level, the late-October rally coincided with PEDEVCO's announcement that it would report third-quarter 2026 results and hold a conference call on November 12, 2026, focusing investor attention on production trends and cost performance.
The stock also continued to reflect a series of operational and strategic updates disclosed in prior weeks, including the September acquisition of approximately 5,678 net acres in Wyoming through a Bureau of Land Management lease sale for about $5.9 million, which expanded the company's Mowry Shale position. Management commentary at recent investor conferences emphasized reinvesting cash flow in high-return drilling, lowering lease operating expense, and pursuing disciplined, selective consolidation, themes that resonated with investors during the rally.
What Drove PED Stock Performance Over the Last Quarter
The trailing-quarter advance of more than 50% reflects a recovery from an oversold base rather than a single catalyst. After the June 2026 spike that followed the post-merger re-rating and a subsequent pullback, PED bottomed near $10 in early August. From there, the stock rebuilt on improving fundamentals and a more constructive tone around U.S. oil and gas equities.
Key developments shaping the quarterly narrative included the Wyoming BLM lease acquisition, the company's participation in multiple investor conferences, and an announced leadership transition toward an interim president and CEO. Underlying fundamentals also supported the move: PEDEVCO reported roughly $45.8 million in 2025 revenue, up 16% year over year, and has guided 2026 net capital expenditures to between $16 million and $20 million, with about 90% allocated to the D-J Basin for drilling and optimization projects aimed at reducing operating costs. The company has also hedged approximately 75% of its crude oil production through November 2027.
Trending AI Robots
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PED Stock Forecast Drivers: What Investors Should Watch Next
The most immediate catalyst is PEDEVCO's third-quarter 2026 earnings report and conference call on November 12, 2026, where investors will focus on production volumes, realized pricing, lease operating expense trends, and updated capital spending guidance. Commodity price direction remains central, given the company's exposure to crude oil and natural gas and its hedging program.
Additional factors to monitor include the pace of D-J Basin development under the 2026 capital program, progress on cost-optimization and margin expansion, the status of the leadership transition, and any further consolidation or acreage additions. Regulatory considerations, including Bureau of Land Management lease litigation affecting Powder River Basin acreage and state-level environmental requirements in Colorado and New Mexico, also represent ongoing risks. Balance-sheet and liquidity metrics, including credit facility usage following the merger, will remain important for a small-cap E&P with elevated debt relative to historical levels.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
PED's RSI Oscillator leaves overbought zone
The 10-day RSI Indicator for PED moved out of overbought territory on November 02, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 instances where the indicator moved out of the overbought zone. In 20 of the 23 cases the stock moved lower in the days that followed. This puts the odds of a move down at 87%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on PED as a result. In 89 of 106 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 84%.
The Moving Average Convergence Divergence Histogram (MACD) for PED turned negative on November 05, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 56 similar instances when the indicator turned negative. In 46 of the 56 cases the stock turned lower in the days that followed. This puts the odds of success at 82%.
PED moved below its 50-day moving average on November 10, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PED declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 80%.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 10-day moving average for PED crossed bullishly above the 50-day moving average on October 21, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 86%.
The 50-day moving average for PED moved above the 200-day moving average on October 20, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +1.46% 3-day Advance, the price is estimated to grow further. Considering data from situations where PED advanced for three days, in 173 of 234 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.
PED may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 96 of 141 cases where PED Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 68%.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 40 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.989) is normal, around the industry mean (3.610). P/E Ratio (-5.552) is within average values for comparable stocks, (3.187). Projected Growth (PEG Ratio) (0.010) is also within normal values, averaging (1.958). Dividend Yield (0.000) settles around the average of (0.050) among similar stocks. P/S Ratio (1.018) is also within normal values, averaging (5.980).
The Tickeron Price Growth Rating for this company is 48 (best 1 - 100 worst), indicating steady price growth. PED’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 94 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 98 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PED’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock worse than average.
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General Information
a provider of oil and gas exploration services
Industry OilGasProduction