Every investor in PEDEVCO Corp. (NYSEMKT:PED) should be aware of the most powerful shareholder groups. Generally...

HOUSTON, TX / ACCESSWIRE / August 12, 2019 / PEDEVCO Corp. (NYSE American:PED) (the “Company”) reported 2nd quarter of 2019 results today. Due in large part to the success of the Company’s Phase One development program in the San Andres formation of the Permian Basin over the first half of 2019, compared to the same quarter last year, revenues grew from approximately $898 thousand to over $4 million, with production for the same period growing from approximately 17,451 BOE (barrels of oil equivalent) to approximately 74,220 BOE. Commenting on the results, J. Douglas Schick, President of the Company, stated, "We are very pleased with our 2nd quarter results, which is our first quarter that reflects the partial results from Phase One of our 2019 Permian Basin development program.

HOUSTON, TX / ACCESSWIRE / October 23, 2019 / CEOCFO Magazine, an independent investment, business and resources news publication highlights the rebranding of PEDEVCO Corp. (NYSE American:PED) in an interview (https://www.ceocfointerviews.com/interviews/PEDEVCO19.htm) with J. Douglas Schick, President of PEDEVCO. The company, which formally did business as Pacific Energy Development, was originally headquartered in California with its primary asset in Colorado. Discussing their current assets, Mr. Schick states, "We have over 150 drilling locations in two of our Permian fields and potentially another 50 or more in another Permian field, plus another 100 or more drilling locations in Colorado.

CEO of Pedevco Corp (30-Year Financial, Insider Trades) Simon G Kukes (insider trades) bought 227,924 shares of PED on 08/19/2019 at an average price of $1.51 a share. Continue reading...

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

If you're interested in PEDEVCO Corp. (NYSEMKT:PED), then you might want to consider its beta (a measure of share...

HOUSTON, TX / ACCESSWIRE / July 31, 2019 / PEDEVCO Corp. (NYSE American:PED) (the “Company”) today announced the business’ rebrand as “PEDEVCO,” relaunch of its redesigned logo and website at www.pedevco.com, and the upcoming relocation of its Houston headquarters. Effective immediately, the Company will no longer be doing business as “Pacific Energy Development,” a decision which reinforces and highlights the Company’s balance sheet and management restructuring over the last 12 months which has seen the Company emerge debt-free with new management in place, and the Company’s recent establishment of a significant and growing presence in the prolific Permian Basin.

More companies to consider for the new year that are trading at a discount to net-net working capital Continue reading...

HOUSTON, TX / ACCESSWIRE / October 21, 2019 / PEDEVCO Corp. (NYSE American:PED) (the "Company") announced today that it is in discussions with Dr. Simon Kukes, the Company's Chief Executive Officer and majority shareholder, to evaluate the potential acquisition by the Company of Dr. Kukes' approximately 8.1% ownership stake in Ring Energy, Inc. (NYSE American: REI). Dr. Kukes announced his acquisition of the Ring Energy shares in a Schedule 13D filed today with the U.S. Securities and Exchange Commission.

HOUSTON, TX / ACCESSWIRE / January 27, 2020 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company") announced today that it has been awarded the "Best Independent Company - North America - 2019" by World Finance Magazine Oil and Gas Awards. This prestigious award recognizes PEDEVCO's innovation and accomplishments as an independent North American oil and gas company.

HOUSTON, TX / ACCESSWIRE / November 8, 2019 / PEDEVCO Corp. (NYSE American:PED) (the "Company") reported 3rd quarter of 2019 results today. Due primarily to the success of the Company's 2019 development program in the San Andres formation of the Permian Basin, compared to the same quarter last year, production grew from 25,605 BOE (barrels of oil equivalent) to 69,509 BOE, with revenues similarly growing from approximately $1.2 million to over $3.1 million over the same period. Commenting on these results, J. Douglas Schick, President of the Company, stated, "We are very pleased with our 3rd quarter results, which still only reflect results from 3 new horizontal drills from our 2019 Permian Basin development program.

The simplest way to invest in stocks is to buy exchange traded funds. But one can do better than that by picking...

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

We hear a lot about the major averages on a day-to-day basis. But what we don't hear about nearly as much are the low-priced stocks and the small-cap stocks to buy that are primed to do well in this kind of market.Assuming all works out in the trade wars, we have going now and we don't pick any more trade fights with major trade partners, the U.S. economy should do well this year.And small cap companies can leverage growth far better than big ones, so this will be an ideal time for small caps in general, especially now that the Federal Reserve has announced it's will to err on the side of growth and lower interest rates if necessary, to keep growth moving.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best Stocks for 2019 -- So Far What's more, these stocks are all in strong growth sectors that won't be harmed by the current trade wars. That also makes my Portfolio Grader's seven A-rated stocks to buy under $10 attractive buyout targets for larger companies that can borrow at very low rates for acquisitions. Recro Pharma (REPH)Recro Pharma (NASDAQ:REPH) is a biotech that is in phase 3 trials for a non-opioid drug for acute post-operative pain. That has garnered it a great deal of attention over the past couple of years.With a market cap of $250 million, it has the wherewithal to mount a good effort in getting this drug over the finish line. Once it finishes trials successfully, it then can either shop the big drug firms for a licensing agreement, go on its own or get acquired by a pharma firm looking to diversify its portfolio.But the fact that taking a drug through drug trials can cost around $2 billion today means that small firms with good ideas can find it hard to keep generating revenue until they make it through trials.REPH is generating revenue now as it works on getting its Meloxicam through phase 3 trials. It has two other drugs in the pipeline as well. And its Q1 earnings report was very encouraging.While earnings were negative, they beat estimates by 87% and revenues were positive. It looks like it will break even by the end of this year and once Meloxicam gets through its hurdles, it may well be off to the races. Paysign (PAYS)Paysign (NASDAQ:PAYS) is a leader in the prepaid card business. Whether it's a phone card, rewards card or payment card, it does it all.This has become a very hot sector recently for temporary and unbanked workers. Instead of dealing with all the issues around delivery a check to workers, they can be given a prepaid card with their earnings on it to use as they please.Many of the big pharmaceutical firms are also using prepaid cards to give to patients as co-pay help for name brand pharmaceuticals. Local and state governments are also choosing prepaid cards rather then issuing checks to citizens as well as vendors. * 7 Stocks to Buy That Don't Care About Tariffs In the past year, PAYS is up a whopping 344%, 184% of that is year to date performance. Given that massive run, the stock is already at the $10 mark, but it's close enough and its potential is big enough that it makes this list. India Globalization Capital Inc (IGC)India Globalization Capital Inc (NYSE:IGC) is an odd combination of businesses. On the one hand, and as its name implies, it has a heavy-duty construction business and an industrial commodities trading business that has been in operation in India for 35 years.And then recently, it has added a cannabinoid therapeutics business, looking for and delivering alternative therapies for Alzheimer's and Parkinson's diseases.It was delisted from the NYSE after the price fell below $1 last year. But it won a relisting in February and the stock rose 234% on its first day of relisting. For the year, the stock is up 64% and year-to-date it's still up 232%. Its cannabis business is likely attracting much of the attention since many companies in the sector are getting purchased at massive premiums. At current prices, this isn't the stock to bet your retirement on, but it's certainly worth some fun money. Pedvco (PED)Pedvco Corp (NYSE:PED) stands for Pacific Energy Development Corp. It's an independent exploration and production company (E&P) that looks for oil and natural gas in Colorado's Niobrara Shale and Eagle Ford Shale in Texas.This is a good time to be an E&P, as the U.S. begins to ramp up energy exports. Not only does the solid economy bode well for demand growth, but overseas markets are paying premium prices for energy supplies, especially natural gas.There are new natural gas export facilities opening in the next few years, which will make natural gas an even more valuable commodity. * 7 Best ETFs for a Well-Balanced Portfolio What's more, the consolidation underway in the E&P sector bodes well for PED prospects of getting bought out by a bigger E&P or a diversified player. Up 560% in the past year, the stock is still trading a P/E below of 0.5. Yowza. Flexible Solutions International (FSI)Flexible Solutions International Inc (NYSE:FSI) is a Canada-based firm that has some interesting products built to conserve water and energy. One of its key products is a liquid blanket that you put over open water sources like swimming pools or fracking ponds to inhibit evaporation and maintain a stable temperature.Its other big product line is used by energy, utility, chemical and mining firms to prevent scaling and corrosion in water piping.This is an increasingly important aspect of the unconventional drilling methods that are used to get oil and natural gas out of the U.S. and Canadian shale regions. As those operations expand, so does FSI's potential business.The stock is up 94% year to date and still delivers an impressive 4.6% dividend. And its Q1 earnings report shows that growth is continuing. Sales were up 108% compared to the same quarter last year, and that includes a payment of $250,000 in U.S. tariffs. Net income was up almost 15%. And the P/E is still around 13. Sachem Capital (SACH)Sachem Capital Corp (NYSE:SACH) is a regional mortgage originator and lender of short-term loans (1-3 years) secured by first mortgage liens in the Connecticut, Massachusetts, New York and Rhode Island area.SACH primarily lends to acquire or renovate residential properties, acquire or construct properties or simply buy and hold existing properties. Given the short-term nature of the loans, much of the lending is to developers who build out properties and then sell them within the window.Given the low interest rate environment we're in currently, business is going to get even better since this is a great time to take on debt and lending is easier than it has been. * 10 Stocks to Buy That Could Be Takeover Targets This is borne out SACH's recent Q1 earnings in mid-May. Revenue was up 23% and net income was up 4%. The stock is up 33% for the year and it's still delivering a whopping 9.2% dividend. DHT Holdings (DHT)DHT Holdings Inc (NYSE:DHT) is an independent crude oil tanker company, with more than two dozen ships in its fleet.Most of these tankers are leased out to integrated oil companies to ship products around the world. Given the general growth in the global economy, and the expansion of export efforts in the U.S. market, tankers as a sector are doing well now. Usually, the summer is a slow time for them since much of the summer oil was delivered earlier for refining and in tanks for the summer demand season.The thing is, lower oil prices always mean that import-dependent countries stock up on oil and that keeps tanker fleets busy as well. DHT is up 47% YTD and that momentum should only increase if the trade wars dissipate. Plus, DHT also sports a 2.9% dividend, which comes in handy.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 7 A-Rated Stocks to Buy Under $10 appeared first on InvestorPlace.

HOUSTON, TX / ACCESSWIRE / June 13, 2019 / PEDEVCO Corp. (NYSE American: PED) (the "Company") today announced that, effective June 10, 2019, it closed the acquisition of an additional 2,076 net acres in the Permian Basin and approximately 30 gross barrels of oil per day of operated oil production from a private operator. 1,280 acres of the newly acquired asset are contiguous with the Company's Chaveroo field and are offset to the Company's recently drilled Haley Chaveroo SA Unit 305H horizontal well.

HOUSTON, TX / ACCESSWIRE / September 18, 2019 / PEDEVCO Corp. (NYSE American:PED) (the "Company") today announced that it has raised an aggregate of $25 million of unrestricted cash through the sale of restricted common stock, including $12 million at approximately $1.43 per share from Mr. Viktor Tkachev, a seasoned oil and gas industry executive and investor who formerly served in several executive level positions at various oil companies which merged with BP, and $13 million at approximately $1.58 per share from SK Energy LLC, an investment firm owned by Dr. Simon Kukes, the Company's Chief Executive Officer. The Company plans to use the proceeds from these offerings to fund its continued Permian Basin development program and additional acquisition activities. Dr. Simon Kukes, the Company's Chief Executive Officer, commented, "We are pleased with Mr. Tkachev's investment in our Company.

CEO of Pedevco Corp (30-Year Financial, Insider Trades) Simon G Kukes (insider trades) bought 227,710 shares of PED on 08/19/2019 at an average price of $1.51 a share. Continue reading...

HOUSTON, TX / ACCESSWIRE / March 31, 2020 / On March 30, 2020, PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company") reported its year-end results for 2019, and today announced new efforts initiated to reduce operating and corporate costs. Over the year-ended December 31, 2019, the Company generated nearly $13 million in gross oil and gas revenue from the production and sale of 266,070 barrels of oil equivalent ("BOE") from its Permian Basin and D-J Basin assets, representing a 186% increase in both year-over-year production and revenues, with a corresponding direct lease operating expense ("LOE") increase of only 122%, demonstrating efficiencies of cost and scale as the Company significantly increased its production. In addition, the Company reported $0.644 million in net cash flow provided by operating activities before changes in working capital, which is the first time the Company has had positive cash flow in over 10 years.

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...