Pedevco (PED) Depreciation and Depletion (2011 - 2023)
Pedevco (PED) reported Depreciation and Depletion of $2.5 million for Q4 2023, down 38.93% on a YoY basis from $4.1 million in Q4 2022, and down 3.98% quarter-over-quarter from $2.6 million in Q3 2023.
Pedevco (PED) Depreciation and Depletion (2011 - 2023) Analysis & Trends
Pedevco has reported Depreciation and Depletion for 12 years, with the latest figure at $2.5 million in Q4 2023.
- For the quarter ending Q4 2023, Depreciation and Depletion fell 38.93% year-over-year to $2.5 million; the trailing twelve-month figure through Dec 2023 stood at $10.3 million (up 1.95% YoY), and the FY2023 full-year result was $10.3 million, up 1.95% from the prior year.
- Depreciation and Depletion for Q4 2023 stood at $2.5 million, down from $2.6 million in the prior quarter.
- The five-year high for Depreciation and Depletion was $4.5 billion in Q3 2020, with the low at -$8.7 billion in Q4 2019.
- Historically, Depreciation and Depletion has averaged -$198.9 million across 5 years, with a median of $2.6 million in 2023.
- The largest YoY upside for Depreciation and Depletion was 433346.33% in 2019 against a maximum downside of 206061.71% in 2019.
- Pedevco's Depreciation and Depletion stood at -$8.7 billion in 2019, then increased by 7.1% to -$8.1 billion in 2020, then jumped by 100.03% to $2.6 million in 2021, then jumped by 56.09% to $4.1 million in 2022, then sank by 38.93% to $2.5 million in 2023.
- The last three Depreciation and Depletion figures came in at $2.5 million (Q4 2023), $2.6 million (Q3 2023), and $2.7 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | - |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | - |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Pedevco | 61.33 Mn | 40.10 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.51 Mn |
| Dec 31, 2023 | 2.51 Mn |
| Sep 30, 2023 | 2.62 Mn |
| Sep 30, 2023 | 2.62 Mn |
| Jun 30, 2023 | 2.69 Mn |
| Jun 30, 2023 | 2.69 Mn |
| Mar 31, 2023 | 2.45 Mn |
| Mar 31, 2023 | 2.45 Mn |
| Dec 31, 2022 | 4.11 Mn |
| Dec 31, 2022 | 4.11 Mn |
| Sep 30, 2022 | 2.08 Mn |
| Sep 30, 2022 | 2.08 Mn |
| Jun 30, 2022 | 2.13 Mn |
| Jun 30, 2022 | 2.13 Mn |
| Mar 31, 2022 | 1.75 Mn |
| Mar 31, 2022 | 1.75 Mn |
| Dec 31, 2021 | 2.64 Mn |
| Dec 31, 2021 | 2.64 Mn |
| Sep 30, 2021 | 1.58 Mn |
| Sep 30, 2021 | 1.58 Mn |