PEDEVCO Corp (PED)

Sep 26, 2026

PEDEVCO Corp (PED) shares recently declined by 4.1%, with its current price of $13.11 indicating a 45.9% undervaluation compared to its GF Value™ of $24.22. Despite this, GuruFocus labels it a possible value trap due to its unprofitability and negative cash flow, suggesting a Price-to-Sales analysis might be more appropriate. The company has a GF Score™ of 65/100, with strong momentum but weak growth, and insider activity shows net selling.

Sep 22, 2026

Pedevco (NYSEAMERICAN:PED) shares recently rose 3.2% to $13.38, moving above its 50-day moving average of $12.74, although still below its 200-day average. The company significantly beat Q2 earnings and revenue estimates, reporting $1.31 EPS on $46.11 million revenue. Despite insider selling, analysts maintain a "Buy" rating, with institutional ownership at 3.26%.

Sep 22, 2026

J. Douglas Schick has stepped down as President and CEO of Pedevco, with no explanation provided for his departure. R.T. Dukes, the current COO, has been appointed as the interim President and CEO, effective immediately. The company, trading under the ticker PED on the NYSE, announced this change on Monday.

Sep 21, 2026

PEDEVCO Corp. announced a leadership transition with J. Douglas Schick stepping down as President, CEO, and board member. R.T. Dukes, the current Chief Operating Officer, has been appointed interim President and CEO effective September 21, 2026. Schick will continue as a non-executive Senior Advisor until December 31, 2026, and will receive a separation package including 2.5 times his annual base salary plus target bonus, a $255,000 cash payment, health coverage, legal fee reimbursement, and accelerated equity vesting.