PED PEDEVCO Corp

$PED I am now even more bullish on PED! The news that Simon Kukes purchased nearly $2 million in additional shares, even after stepping down as CEO and Chairman, speaks volumes. To me, this sends a powerful signal to the market about his continued confidence in the company’s future. I’ve held PED in my portfolio for many years, and this latest development only strengthens my conviction. I believe PED remains significantly undervalued, and I plan to add substantially to my position!

$PED Very encouraging to see today’s news that Dr. Simon Kukes purchased nearly $2MM more of PED shares, increasing his stake to over 34%. Strong show of support and belief in PED and its future!

$PED This could be heading to $25.00 to $35.00 that made profit of $1.31 last earning that paid off 10 million of debt than a few weeks later bought 6,000 more acres that paid cash also. $PED did a merger back in November of last year that has 3 times the amount of Revs, and earning and 3 times more oil wells and land that the CEO has bought shares over the years to never sell a single share

$PED Dr. Simon Kukes (~34% shareholder) has never sold a share in 8 years (clearly no pump and dump by him), and his $2MM position increase last week is hugely bullish and shows his high confidence in the company as a long term hold.

$PED R.T. Dukes Interim President, CEO, and COO, PEDEVCO Yeah. We're going to share more in Q4. Obviously going to grow. The thing I've been saying, and I might've said this on the call earlier, lots of meetings today and yesterday, so I feel like I'm repeating myself, a little bit of a broken record, but if you think about the industry growing at high single digits to low double digits, I think it's fair to say at our size, we're going to be some multiple of that. Where we land exactly, we'll share more in the coming months, but you can expect high growth from us. That's what we're going to be able to offer at our size, and that's what differentiates us.

PED $PED Profit per barrel: • $95 – $45 ≈ $50 profit per barrel Annual profit: • 5,500 × $50 × 365 ≈ ~$100 million/year ⸻ 📈 Company valuation Small oil producers usually trade at: • P/E = 4 to 6 (low due to risk) 👉 Estimated market value: • Conservative: 100M × 4 = $400M • Normal: 100M × 6 = $600M

$PED Fundamentally, Pedevco's Price-to-Book (P/B) ratio sits at an extremely low 0.37, which implies that its true accounting book value is actually substantially higher than the current market price (closer to $35.00 per share mathematically).

$PED Middle East supply risks lift energy sector, driving EPD 2.3% higher intraday Reuters overnight cited Hormuz disruptions and Thursday's larger-than-expected U.S. crude draw AP reported midday that elevated oil reflected continuing Iran-war supply pressure