PEDEVCO (PEDEVCO) 12-1 Month Momentum % : 13.10% (As of Jun. 09, 2024)

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What is PEDEVCO 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-06-09), PEDEVCO's 12-1 Month Momentum % is 13.10%.

The industry rank for PEDEVCO's 12-1 Month Momentum % or its related term are showing as below:

PED's 12-1 Month Momentum % is ranked better than
61.24% of 1081 companies
in the Oil & Gas industry
Industry Median: 3.53 vs PED: 13.10

Competitive Comparison of PEDEVCO's 12-1 Month Momentum %

For the Oil & Gas E&P subindustry, PEDEVCO's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PEDEVCO's 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PEDEVCO's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where PEDEVCO's 12-1 Month Momentum % falls into.

PEDEVCO (AMEX:PED) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PEDEVCO (AMEX:PED) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

PEDEVCO 12-1 Month Momentum % Related Terms

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PEDEVCO (PEDEVCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PEDEVCO Corp (AMEX:PED) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

UD1P:Germany

Address

575 N. Dairy Ashford, Suite 210, Houston, TX, USA, 77079

Website

https://www.pedevco.com

PEDEVCO Corp is an oil and gas company focused on the acquisition and development of oil and natural gas assets where the latest in modern drilling and completion techniques and technologies have yet to be applied. In particular, the company focuses on legacy proved properties where there is a long production history, well-defined geology and existing infrastructure that can be leveraged when applying modern field management technologies. The current properties of the company are located in the San Andres formation of the Permian Basin situated in West Texas and eastern New Mexico (the Permian Basin) and in the Denver-Julesberg Basin (D-J Basin) in Colorado.

Executives

John Douglas Schick	officer: President	514 BRIAR KNOLL DR., HOUSTON TX 77079
Paul Anthony Pinkston	officer: CAO and PFO and AO	450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Moore Clark	officer: Executive VP	12244 SANTA TERESA DRIVE, SAN RAMON CA 94538
John J Scelfo	director	333 LAS OLAJ WAY, 1010, FORT LAUDERDALE FL 33301
Ivar Siem	director	710 N. POST OAK RD., STE. 512, HOUSTON TX 77024
Simon G Kukes	10 percent owner
Sgk 2018 Revocable Trust	10 percent owner	575 N. DAIRY ASHFORD, ENERGY CENTER II, SUITE 210, HOUSTON TX 77079
Viktor Tkachev	10 percent owner	ARHITEKTORA VLASOVA STREET 22, APT 93, MOSCOW 1Z 117393
Harold Douglas Evans	director	20711 FAIRWATER DRIVE, KATY TX 77450
Sk Energy Llc	director, 10 percent owner, officer: Chif Executive Officer	5100 WESTHEIMER, SUITE 200, HOUSTON TX 77056
Gregory L Overholtzer	officer: Chief Financial Officer	120 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael L Peterson	director, officer: CEO and President	17 CANARY COURT, DANVILLE CA 94526
Frank C Ingriselli	director, 10 percent owner, officer: President	250 EAST HARTSDALE AVE, HARTSDALE NY 10530
Adam Mccune Mcafee	director	4125 BLACKHAWK PLAZA CIRCLE, SUITE 201, DANVILLE CA 94506
David Z Steinberg	director	4125 BLACKHAWK PLAZA CIRCLE, SUITE 201, DANVILLE CA 94506