PEDEVCO Corp. PED

PED Company Overview

PEDEVCO Corp. is a U.S.-based energy company focused on the acquisition, development, and production of oil and natural gas assets. The company operates primarily in the upstream energy sector and is publicly traded on the NYSE American under the ticker PED. Its core activities involve the exploration and production of hydrocarbons from onshore U.S. basins, with a concentration on conventional and unconventional resource plays. Revenue is generated primarily through the sale of crude oil, natural gas, and natural gas liquids produced from operated and non-operated wells.

The company’s principal operating focus has evolved toward low-cost, resource-rich acreage positions in the D-J Basin in Colorado and Wyoming and oil-focused assets in Texas. Historically, PEDEVCO pursued international and diversified energy opportunities, including ventures tied to Chinese energy markets and extractive technologies, but over time the company transitioned into a more concentrated domestic upstream operator. Its strategy emphasizes disciplined capital allocation, reserve growth, and operational efficiency through selective acquisitions and development partnerships.