Kinder Morgan Q3 Earnings Miss Estimates, Revenues Fall YY

PED Stock  USD 0.76  0.04  4.88%   
About 67% of PEDEVCO Corp's investor base is looking to short. The current sentiment of investing in PEDEVCO Corp suggests that many traders are alarmed. The current market sentiment, together with PEDEVCO Corp's historical and current headlines, can help investors time the market. In addition, many technical investors use PEDEVCO Corp stock news signals to limit their universe of possible portfolio assets.
  
KMI Q3 earnings get affected by decreased financial contributions from two segments. However, this is partially offset by lower total costs and expenses.

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PEDEVCO Corp Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards PEDEVCO Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

PEDEVCO Corp Fundamental Analysis

We analyze PEDEVCO Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PEDEVCO Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PEDEVCO Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Book Value Per Share

Book Value Per Share Comparative Analysis

PEDEVCO Corp is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

PEDEVCO Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PEDEVCO Corp stock to make a market-neutral strategy. Peer analysis of PEDEVCO Corp could also be used in its relative valuation, which is a method of valuing PEDEVCO Corp by comparing valuation metrics with similar companies.

Peers

PEDEVCO Corp Related Equities

EPSNEpsilon Energy   1.21   
0%
24.0%
EGYVaalco Energy   0.85   
0%
17.0%
EPMEvolution Petroleum   0.38   
0%
7.0%
SBRSabine Royalty   0.51   
10.0%
0%
MVOMV Oil   0.60   
12.0%
0%
REIRing Energy   0.75   
15.0%
0%
PNRGPrimeEnergy   1.02   
20.0%
0%
PRPermian Resources   1.27   
25.0%
0%
CRGYCrescent Energy   1.62   
32.0%
0%
PTALFPetroTal Corp   2.44   
48.0%
0%
GTEGran Tierra   2.66   
53.0%
0%
PRTPermRock Royalty   4.66   
93.0%
0%
SJTSan Juan   4.69   
93.0%
0%
OBEObsidian Energy   4.99   
100.0%
0%

Complementary Tools for PEDEVCO Stock analysis

When running PEDEVCO Corp's price analysis, check to measure PEDEVCO Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PEDEVCO Corp is operating at the current time. Most of PEDEVCO Corp's value examination focuses on studying past and present price action to predict the probability of PEDEVCO Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PEDEVCO Corp's price. Additionally, you may evaluate how the addition of PEDEVCO Corp to your portfolios can decrease your overall portfolio volatility.
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