Pacific Energy Development (PEDEVCO)

OverviewSuggest Edit

PEDEVCO Corp. is an energy company engaged primarily in the acquisition, exploration, development, and production of oil and natural gas shale plays in the Denver-Julesberg Basin in Colorado, which contains hydrocarbon bearing deposits in several formations, including the Niobrara, Codell, Greenhorn, Shannon, J-Sand, and D-Sand.

TypePublic
Founded2011
HQDanville, US
Websitepacificenergydevelopment.com

Latest Updates

Employees (est.) (Dec 2018)14(+134%)
Revenue (FY, 2019)$13 M(+187%)
Share Price (Oct 2020)$1.8 (+19%)
Cybersecurity ratingAMore

Key People/Management at Pacific Energy Development (PEDEVCO)

Simon Kukes

Simon Kukes

CEO
Douglas Schick

Douglas Schick

President
Clark Moore

Clark Moore

EVP & General Counsel
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Pacific Energy Development (PEDEVCO) Office Locations

Pacific Energy Development (PEDEVCO) has offices in Danville and Houston
Danville, US (HQ)
4125 Blackhawk Plaza Cir #201
Houston, US
575 N Dairy Ashford Rd
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Pacific Energy Development (PEDEVCO) Financials and Metrics

Pacific Energy Development (PEDEVCO) Revenue

Pacific Energy Development (PEDEVCO)'s revenue was reported to be $12.97 m in FY, 2019
USD

Revenue (Q2, 2020)

656.0k

Net income (Q2, 2020)

(2.7m)

EBIT (Q2, 2020)

(3.4m)

Market capitalization (16-Oct-2020)

132.6m

Closing stock price (16-Oct-2020)

1.8

Cash (30-Jun-2020)

10.2m

EV

123.1m
Pacific Energy Development (PEDEVCO)'s current market capitalization is $132.6 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

446.5k503.2k744.0k4.8m5.3m4.0m3.0m4.5m13.0m

Revenue growth, %

547%11%(25%)

Cost of goods sold

278.8k231.0k

Gross profit

167.7k3.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

136.5k95.9k118.2k108.4k175.2k269.1k156.1k198.8k749.0k2.1m1.1m1.5m1.8m1.3m582.0k1.2m1.2m734.0k812.0k744.0k644.0k898.0k1.3m1.6m4.1m3.1m2.8m656.0k

Cost of goods sold

1.4k989.067.4k297.2k17.1m

Gross profit

135.2k95.0k50.9k(188.9k)(16.4m)

Gross profit Margin, %

99%99%43%(174%)(2186%)
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(4.1m)(12.0m)(18.1m)(32.6m)(21.3m)(19.6m)(36.4m)53.6m(11.1m)

Depreciation and Amortization

147.6k131.7k437.0k954.0k5.1m5.1m3.8m6.5m11.0m

Inventories

396.0k

Accounts Payable

54.6k(38.3k)19.8k586.0k(4.0m)(3.3m)(2.0k)408.0k5.4m
USDQ2, 2011

Financial Leverage

5.7 x
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Pacific Energy Development (PEDEVCO) Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

Pacific Energy Development (PEDEVCO) Online and Social Media Presence

Embed Graph

Pacific Energy Development (PEDEVCO) Blogs

PEDEVCO Announces Year-End Results and New Cost-Reduction Initiatives

PEDEVCO Announces Year-End Results and New Cost-Reduction Initiatives

PEDEVCO Awarded "Best Independent Company in North America - 2019" by World Finance Oil and Gas Awards

PEDEVCO Awarded "Best Independent Company in North America - 2019" by World Finance Oil and Gas Awards

PEDEVCO Announces 3rd Quarter Results with Production Increasing Over 2.7x and Revenues Increasing 2.5x Over the Same Period Last Year

PEDEVCO Announces 3rd Quarter Results with Production Increasing Over 2.7x and Revenues Increasing 2.5x Over the Same Period Last Year

PEDEVCO CEO Announces Acquisition of over 8% of Ring Energy, Inc.

PEDEVCO CEO Announces Acquisition of over 8% of Ring Energy, Inc.

PEDEVCO Raises $25 Million Through Private Offering to Fund Permian Basin Development and Acquisitions

PEDEVCO Raises $25 Million Through Private Offering to Fund Permian Basin Development and Acquisitions

PEDEVCO Announces 2nd Quarter Results with Production Increasing Over 4x and Revenues Increasing Approximately 4.3x Over the Same Period Last Year

PEDEVCO Announces 2nd Quarter Results with Production Increasing Over 4x and Revenues Increasing Approximately 4.3x Over the Same Period Last Year
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Pacific Energy Development (PEDEVCO) Frequently Asked Questions

  • When was Pacific Energy Development (PEDEVCO) founded?

    Pacific Energy Development (PEDEVCO) was founded in 2011.

  • Who are Pacific Energy Development (PEDEVCO) key executives?

    Pacific Energy Development (PEDEVCO)'s key executives are Simon Kukes, Douglas Schick and Clark Moore.

  • How many employees does Pacific Energy Development (PEDEVCO) have?

    Pacific Energy Development (PEDEVCO) has 14 employees.

  • What is Pacific Energy Development (PEDEVCO) revenue?

    Latest Pacific Energy Development (PEDEVCO) annual revenue is $13 m.

  • What is Pacific Energy Development (PEDEVCO) revenue per employee?

    Latest Pacific Energy Development (PEDEVCO) revenue per employee is $926.6 k.

  • Who are Pacific Energy Development (PEDEVCO) competitors?

    Competitors of Pacific Energy Development (PEDEVCO) include SECURE Energy Services, ThompsonGas and Kibbe.

  • Where is Pacific Energy Development (PEDEVCO) headquarters?

    Pacific Energy Development (PEDEVCO) headquarters is located at 4125 Blackhawk Plaza Cir #201, Danville.

  • Where are Pacific Energy Development (PEDEVCO) offices?

    Pacific Energy Development (PEDEVCO) has offices in Danville and Houston.

  • How many offices does Pacific Energy Development (PEDEVCO) have?

    Pacific Energy Development (PEDEVCO) has 2 offices.