PEDEVCO (NYSE:PED – Get Free Report) and Woodside Energy Group (OTCMKTS:WOPEY – Get Free Report) are both oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their valuation, profitability, institutional ownership, risk, earnings, dividends and analyst recommendations.
Insider & Institutional Ownership
3.3% of PEDEVCO shares are owned by institutional investors. 70.6% of PEDEVCO shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Risk & Volatility
PEDEVCO has a beta of 0.52, indicating that its stock price is 48% less volatile than the S&P 500. Comparatively, Woodside Energy Group has a beta of 1.27, indicating that its stock price is 27% more volatile than the S&P 500.
Earnings & Valuation
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
PEDEVCO | $30.78 million | 2.21 | $260,000.00 | $0.02 | 38.02 |
Woodside Energy Group | $7.10 billion | 2.09 | $1.98 billion | N/A | N/A |
Woodside Energy Group has higher revenue and earnings than PEDEVCO.
Profitability
This table compares PEDEVCO and Woodside Energy Group’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
PEDEVCO | 6.57% | 1.58% | 1.39% |
Woodside Energy Group | N/A | N/A | N/A |
Analyst Ratings
This is a breakdown of recent recommendations and price targets for PEDEVCO and Woodside Energy Group, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
PEDEVCO | 0 | 0 | 2 | 0 | 3.00 |
Woodside Energy Group | 0 | 0 | 0 | 0 | 0.00 |
PEDEVCO currently has a consensus price target of $1.63, suggesting a potential upside of 113.79%. Given PEDEVCO’s stronger consensus rating and higher probable upside, equities analysts clearly believe PEDEVCO is more favorable than Woodside Energy Group.
Summary
PEDEVCO beats Woodside Energy Group on 9 of the 12 factors compared between the two stocks.
About PEDEVCO
PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming. The company is headquartered in Houston, Texas.
About Woodside Energy Group
Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. The company produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It holds interests in the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Julimar-Brunello, Canada, Senegal, Greater Scarborough, and Myanmar projects. The company was formerly known as Woodside Petroleum Ltd and changed its name to Woodside Energy Group Ltd in May 2022. Woodside Energy Group Ltd was founded in 1954 and is headquartered in Perth, Australia.
Receive News & Ratings for PEDEVCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PEDEVCO and related companies with MarketBeat.com's FREE daily email newsletter.