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
DateValue
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