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PEDEVCO (PED) Competitors

$0.96
+0.02 (+2.13%)
(As of 05/31/2024 ET)

PED vs. GTE, AMPY, PNRG, PHX, EPSN, MVO, BATL, PVL, INDO, and BRN

Should you be buying PEDEVCO stock or one of its competitors? The main competitors of PEDEVCO include Gran Tierra Energy (GTE), Amplify Energy (AMPY), PrimeEnergy Resources (PNRG), PHX Minerals (PHX), Epsilon Energy (EPSN), MV Oil Trust (MVO), Battalion Oil (BATL), Permianville Royalty Trust (PVL), Indonesia Energy (INDO), and Barnwell Industries (BRN). These companies are all part of the "crude petroleum & natural gas" industry.

PEDEVCO vs.

PEDEVCO (NYSE:PED) and Gran Tierra Energy (NYSE:GTE) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings, media sentiment, valuation and community ranking.

PEDEVCO has higher earnings, but lower revenue than Gran Tierra Energy. Gran Tierra Energy is trading at a lower price-to-earnings ratio than PEDEVCO, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
PEDEVCO$30.78M2.79$260K$0.0196.10
Gran Tierra Energy$650.34M0.45-$6.29M$0.1093.00

PEDEVCO has a beta of 0.5, indicating that its share price is 50% less volatile than the S&P 500. Comparatively, Gran Tierra Energy has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500.

Gran Tierra Energy has a consensus target price of $10.00, suggesting a potential upside of 7.53%. Given Gran Tierra Energy's higher probable upside, analysts plainly believe Gran Tierra Energy is more favorable than PEDEVCO.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PEDEVCO
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Gran Tierra Energy
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

PEDEVCO has a net margin of 3.99% compared to Gran Tierra Energy's net margin of 0.51%. PEDEVCO's return on equity of 1.31% beat Gran Tierra Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
PEDEVCO3.99% 1.31% 1.16%
Gran Tierra Energy 0.51%0.85%0.25%

3.3% of PEDEVCO shares are owned by institutional investors. Comparatively, 31.7% of Gran Tierra Energy shares are owned by institutional investors. 71.1% of PEDEVCO shares are owned by insiders. Comparatively, 6.5% of Gran Tierra Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Gran Tierra Energy had 3 more articles in the media than PEDEVCO. MarketBeat recorded 5 mentions for Gran Tierra Energy and 2 mentions for PEDEVCO. Gran Tierra Energy's average media sentiment score of 0.75 beat PEDEVCO's score of 0.00 indicating that Gran Tierra Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
PEDEVCO
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Gran Tierra Energy
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Gran Tierra Energy received 1 more outperform votes than PEDEVCO when rated by MarketBeat users. Likewise, 100.00% of users gave Gran Tierra Energy an outperform vote while only 0.00% of users gave PEDEVCO an outperform vote.

CompanyUnderperformOutperform
PEDEVCOOutperform Votes
No Votes
Underperform Votes
31
100.00%
Gran Tierra EnergyOutperform Votes
1
100.00%
Underperform Votes
No Votes

Summary

Gran Tierra Energy beats PEDEVCO on 9 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PED and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PED vs. The Competition

MetricPEDEVCOCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$85.79M$9.07B$8.49B$17.79B
Dividend YieldN/A17.04%11.64%3.55%
P/E Ratio96.1016.2611.4325.81
Price / Sales2.794.8977.8411.40
Price / Cash7.306.879.5718.95
Price / Book0.862.003.005.90
Net Income$260,000.00$1.26B$976.81M$976.46M
7 Day Performance4.92%4.37%1.53%0.62%
1 Month Performance2.30%5.40%5.80%4.79%
1 Year PerformanceN/A16.64%9.75%24.00%

PEDEVCO Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GTE
Gran Tierra Energy
0.2072 of 5 stars
$9.26
+9.1%
$10.00
+8.0%
N/A$290.12M$636.96M92.61N/A
AMPY
Amplify Energy
2.5329 of 5 stars
$6.38
+3.4%
$9.83
+54.1%
-7.5%$252.71M$307.60M8.74214Short Interest ↑
PNRG
PrimeEnergy Resources
0.6962 of 5 stars
$120.93
+9.0%
N/A+24.5%$215.26M$123.12M8.26115Insider Selling
News Coverage
Gap Down
PHX
PHX Minerals
4.1076 of 5 stars
$3.40
+3.0%
$5.20
+52.9%
+13.6%$127.36M$36.36M30.9120Short Interest ↑
EPSN
Epsilon Energy
2.9068 of 5 stars
$5.46
+0.6%
N/A+9.6%$119.68M$30.73M23.7410Short Interest ↓
Positive News
MVO
MV Oil Trust
2.2873 of 5 stars
$9.40
+0.5%
N/A-23.6%$108.10M$18.07M6.14N/AShort Interest ↓
News Coverage
Positive News
BATL
Battalion Oil
0 of 5 stars
$5.81
-0.7%
$18.60
+220.1%
-9.9%$95.63M$220.76M-1.3038
PVL
Permianville Royalty Trust
0 of 5 stars
$1.36
-2.1%
N/A-43.6%$44.91M$45.21M3.162,020Short Interest ↑
INDO
Indonesia Energy
0 of 5 stars
$3.20
+7.0%
N/A-33.1%$32.64M$3.53M0.0030Gap Up
BRN
Barnwell Industries
0 of 5 stars
$2.84
+2.9%
N/A+1.1%$28.49M$25.27M-8.6136Positive News
Gap Up

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This page (NYSE:PED) was last updated on 6/2/2024 by MarketBeat.com Staff

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