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Pedevco (PED)

(Delayed Data from AMEX)

$0.91 USD

0.91
60,594

0.00 (0.01%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $0.90 -0.01 (-1.09%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 30% (175 out of 250)

Industry: Oil and Gas - Mechanical and and Equipment

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Zacks News

Petrobras Offers Constellation Two Drillship Contracts Worth $1B

by Zacks Equity Research

PBR's contract with Constellation involves two ultra-deepwater drillships, Laguna Star and Tidal Action, expected to begin new contracts in third-quarter 2025.

Shell Struggles to Divest Its Stake in German Schwedt Refinery

by Zacks Equity Research

SHEL's planned sale of a 37.5% stake in the Schwedt refinery encounters challenges owing to certain pending lawsuits by third parties.

SLB and Aramco to Develop Digital Solutions to Curb GHG Emissions

by Zacks Equity Research

SLB and Aramco are working to develop digital solutions aimed at reducing greenhouse gas emissions. The idea is to consolidate these solutions into SLB's digital sustainability platform.

TechnipFMC Secures Two Petrobras Subsea Contracts in Brazil

by Zacks Equity Research

FTI bags two major contracts from Petrobras to enhance subsea production systems, extending its expertise in Brazil's pre-salt oil fields.

Saipem Wins Major Offshore Contract for Marjan Field in Saudi Arabia

by Zacks Equity Research

SAPMF's latest offshore contract falls under its existing Long-Term Agreement with Saudi Aramco. The contract is valued at approximately $2 billion.

ConocoPhillips Lands Natural Gas Supply Deal With German Energy Firm

by Zacks Equity Research

COP signs a long-term agreement with Uniper to supply natural gas via pipelines and not as liquefied natural gas.

Chesapeake Energy's Merger Deal to Close Early in Q4 2024

by Zacks Equity Research

CHK and SWN's all-stock deal is set to close early in the fourth quarter of this year after the FTC???s request for additional information postponed it.

Vallourec to Enhance Tubular Solutions Portfolio With New Acquisition

by Zacks Equity Research

VLOWY is set to acquire 100% of the shares in Mattr's subsidiary, Thermotite do Brasil. The transaction is expected to take place on a cash-free and debt-free basis.

Saipem Secures Major Offshore Contract Worth $4B From QatarEnergy

by Zacks Equity Research

SAPMF's latest contract win is part of the North Field production sustainability offshore compression complexes program.

Saipem's Scarabeo 8 Semi-Submersible Rig to Stay in Norway till 2026

by Zacks Equity Research

SAPMF's sixth-generation semi-submersible drilling rig secures a contract extension with Aker BP, prolonging its stay in the Norwegian Continental Shelf.

BP Launches Green Hydrogen Initiative to Promote Decarbonization

by Zacks Equity Research

BP's 25 MW green hydrogen project, in partnership with Iberdrola, is set to be developed through their 50-50 joint venture Castellon Green Hydrogen S.L.

TC Energy's Pipeline Deal With Indigenous Communities Hits Snag

by Zacks Equity Research

TRP continues to focus on finalizing a deal with an indigenous-owned investment partnership for the NGTL System and the Foothills Pipeline assets.

Saipem Launches XolarSurf's First Prototype for Testing in Norway

by Zacks Equity Research

SAPMF's XolarSurf is a floating solar energy system designed for harsh offshore environments. The solution can produce electricity from solar panels fitted on floaters.

Transocean Secures New Drilling Assignment in the Gulf of Mexico

by Zacks Equity Research

Work related to RIG's new eighth-generation drillship, Deepwater Atlas, is expected to begin in the second quarter of 2028.

Zacks Industry Outlook Highlights Oil States International, PEDEVCO and Profire Energy

by Zacks Equity Research

Oil States International, PEDEVCO and Profire Energy have been highlighted in this Industry Outlook article.

Enbridge Vacates Gulf of Mexico Platforms as Francine Nears Landfall

by Zacks Equity Research

ENB plans to evacuate its staff from three offshore platforms. The platforms are likely to continue operations via remote operators.

Nilanjan Banerjee headshot

3 Oil & Gas Equipment Stocks Set to Gain From a Prospering Industry

by Nilanjan Banerjee

Handsome upstream activities are boosting the demand for drilling & production equipment, brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are Oil States (OIS), Profire Energy (PFIE), and PEDEVCO (PED).

Shell Plans a 20% Cut in Its Workforce to Focus on Profitability

by Zacks Equity Research

SHEL's exploration & development and subsurface divisions are expected to undergo restructuring. Its layoff strategy is likely to adversely impact the workforce in Houston.

ExxonMobil Partners With ADNOC on Low-Carbon Hydrogen Project

by Zacks Equity Research

XOM's partnership with ADNOC on the low-carbon hydrogen project should allow both companies to progress toward their net-zero target.

Saipem Secures 2 New Offshore Contracts Worth $1B From Saudi Aramco

by Zacks Equity Research

SAPMF is responsible for the installation of production deck modules, pipelines and power cables for the Marjan, Zuluf and Safaniyah oil fields in Saudi Arabia.

Is Central Puerto (CEPU) Stock Outpacing Its Oils-Energy Peers This Year?

by Zacks Equity Research

Here is how Central Puerto S.A. Sponsored ADR (CEPU) and Pedevco Corp. (PED) have performed compared to their sector so far this year.

Best Momentum Stocks to Buy for September 4th

by Zacks Equity Research

MHO, SMFG and PED made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 4, 2024.

Is Pedevco (PED) Stock Undervalued Right Now?

by Zacks Equity Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Shell to Supply LNG to Turkey, Strengthen Energy Security

by Zacks Equity Research

SHEL's supply agreement with Turkey should support its energy needs and make up for almost 8% of its current gas requirement.

New Strong Buy Stocks for September 4th

by Zacks Equity Research

FLIC, MHO, SMFG, PED and UL have been added to the Zacks Rank #1 (Strong Buy) List on September 4, 2024.