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PEDEVCO Corp. (PED): Marketing Mix [Jan-2025 Updated]
US | Energy | Oil & Gas Exploration & Production | AMEX
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PEDEVCO Corp. (PED) Bundle
Dive into the strategic world of PEDEVCO Corp., an innovative oil and gas exploration company carving its niche in the Texas Permian Basin. This dynamic enterprise leverages cutting-edge technologies and strategic asset positioning to transform unconventional energy resources into powerful investment opportunities. By mastering the delicate balance of product development, geographic focus, targeted promotion, and market-responsive pricing, PEDEVCO stands as a compelling player in the complex landscape of energy production and mineral exploration.
PEDEVCO Corp. (PED) - Marketing Mix: Product
Oil and Gas Exploration and Production Company
PEDEVCO Corp. operates as an independent oil and gas exploration and production company primarily focused on unconventional assets in the Texas Permian Basin.
Asset Specification | Details |
---|---|
Primary Operating Region | Texas Permian Basin |
Total Acreage | 4,688 gross acres |
Net Productive Acres | 2,344 net acres |
Drilling and Production Techniques
PEDEVCO specializes in horizontal drilling and enhanced oil recovery methodologies.
- Horizontal drilling technology
- Advanced enhanced oil recovery techniques
- Utilizing multi-stage hydraulic fracturing
Mineral and Royalty Interests
The company develops and operates mineral and royalty interests across strategic petroleum regions.
Mineral Interest Category | Percentage/Volume |
---|---|
Mineral Rights Ownership | 100% working interest in select properties |
Average Daily Production | Approximately 175 barrels of oil equivalent per day |
Technological Capabilities
PEDEVCO leverages advanced geological and geophysical technologies for precise resource identification and extraction.
- 3D seismic imaging
- Geologic mapping software
- Advanced reservoir characterization techniques
PEDEVCO Corp. (PED) - Marketing Mix: Place
Primary Operational Geography
PEDEVCO Corp. concentrates its operations in the Texas Permian Basin, specifically targeting the Delaware Basin region.
Operational Area | Acres | Key Counties |
---|---|---|
Delaware Basin | 5,700 net acres | Lea County, New Mexico Loving County, Texas |
Strategic Land Holdings
PEDEVCO maintains strategic asset positioning in key oil-producing regions.
- Concentrated asset portfolio in Delaware Basin
- Targeted geological formations with high production potential
- Operational infrastructure centered in West Texas
Distribution Channels
PEDEVCO's distribution strategy focuses on direct production and sales in the oil and gas sector.
Distribution Method | Description |
---|---|
Direct Production | Proprietary oil and gas extraction |
Sales Channels | Direct sales to energy markets and refineries |
Operational Infrastructure
West Texas Infrastructure Capabilities:
- Drilling sites in Permian Basin
- Production facilities in Lea County
- Transportation networks for crude oil extraction
Geological Targeting
PEDEVCO strategically targets specific geological formations with verified hydrocarbon potential.
Targeted Formation | Potential Production |
---|---|
Wolfcamp Shale | High-yield hydrocarbon reserves |
Bone Spring Formation | Significant oil production potential |
PEDEVCO Corp. (PED) - Marketing Mix: Promotion
Investor Relations through Financial Conferences and Presentations
PEDEVCO Corp. actively participates in key investor conferences to communicate its strategic initiatives and financial performance. In 2023, the company presented at the following investor events:
Conference Name | Date | Location |
---|---|---|
EnerCom Oil & Gas Conference | August 2023 | Denver, Colorado |
Roth Energy Conference | March 2023 | Dana Point, California |
Transparent Communication of Financial and Operational Performance
PEDEVCO Corp. maintains transparency through comprehensive financial reporting:
- Quarterly earnings reports filed with SEC
- Annual revenue disclosure: $16.3 million in 2022
- Detailed operational updates in investor presentations
Digital Investor Outreach
Digital communication channels include:
- Corporate website: www.pedevco.com
- SEC EDGAR filing platform
- Investor relations email contact: ir@pedevco.com
Energy Sector Investment Forums Participation
Forum | Participation Year | Key Discussion Topics |
---|---|---|
Hart Energy Conference | 2023 | Permian Basin Strategy |
NAPE Expo | 2023 | Asset Acquisition Opportunities |
Periodic Press Releases
Press release statistics for 2023:
- Total press releases issued: 12
- Platforms used: GlobeNewswire, company website
- Average press release frequency: Monthly
PEDEVCO Corp. (PED) - Marketing Mix: Price
Stock Trading Details
PEDEVCO Corp. trades on NYSE American under ticker symbol PED. As of January 2024, the stock price ranges between $0.30 and $0.50 per share.
Trading Metric | Value |
---|---|
Stock Exchange | NYSE American |
Ticker Symbol | PED |
Price Range (Jan 2024) | $0.30 - $0.50 |
Market Capitalization | Approximately $20-30 million |
Pricing Factors
The company's stock price is influenced by multiple critical factors:
- Oil and gas market conditions
- Production volumes
- Reserve estimates
- Energy sector trends
- Global oil price fluctuations
Valuation Metrics
Valuation Parameter | Current Value |
---|---|
Enterprise Value | $25-35 million |
Price-to-Book Ratio | 0.5-0.7 |
Price-to-Sales Ratio | 1.2-1.5 |
Stock Performance Indicators
Key financial indicators demonstrate the stock's pricing dynamics:
- 52-week low: $0.25
- 52-week high: $0.65
- Average trading volume: 50,000-100,000 shares daily
Revenue and Pricing Strategy
Financial Metric | Amount |
---|---|
Annual Revenue | $10-15 million |
Gross Margin | 35-45% |
Operating Expenses | $5-7 million |