Company: PED
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001654954-25-003703
Chunk: 725

Company: PEDEVCO CORP
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 725
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 market for our common stock is and may remain sporadic and volatile in the future.

We currently have a highly sporadic and volatile market for our common stock, which market is anticipated to remain sporadic and volatile in the future. Factors that could affect our stock price or result in fluctuations in the market price or trading volume of our common stock include:

 ·our actual or anticipated operating and financial performance and drilling locations, including reserves estimates;    ·quarterly variations in the rate of growth of our financial indicators, such as net income per share, net income and cash flows, or those of companies that are perceived to be similar to us;    ·changes in revenue, cash flows or earnings estimates or publication of reports by equity research analysts;    ·speculation in the press or investment community;    ·public reaction to our press releases, announcements and filings with the SEC;    ·sales of our common stock by us or other stockholders, or the perception that such sales may occur;    ·the limited amount of our freely tradable common stock available in the public marketplace;    ·general financial market conditions and oil and natural gas industry market conditions, including fluctuations in commodity prices;    ·the realization of any of the risk factors presented in this Annual Report;    ·the recruitment or departure of key personnel;    ·commencement of, or involvement in, litigation;    ·the prices of oil and natural gas;    ·the success of our exploration and development operations, and the marketing of any oil and natural gas we produce;    ·changes in market valuations of companies similar to ours; and    ·domestic and international economic, health, legal and regulatory factors unrelated to our performance.

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Our common stock is listed on the NYSE American under the symbol “PED.” Our stock price may be impacted by factors that are unrelated or disproportionate to our operating performance. The stock markets in general have experienced extreme volatility that has often been unrelated to the operating performance of particular companies. These broad market fluctuations may adversely affect the trading price of our common stock. Additionally, general economic, political and market conditions, such as recessions, interest rates or international currency fluctuations may adversely affect the market price of our common stock. Due to the limited volume of our shares which trade, we believe that our stock prices (bid, ask and closing prices) may not be related to our actual value, and not reflect the actual value of our