Pedevco (PED) Research & Development (2015 - 2020)

Pedevco (PED) posted Research & Development of $1000.0 for Q3 2020, down 96.67% on a QoQ basis from $30000.0 in Q1 2020, and down 96.3% year-over-year from $27000.0 in Q4 2019.

Pedevco (PED) Research & Development (2015 - 2020) Analysis & Trends

Pedevco's Research & Development history runs 6 years deep, the most recent figure standing at $1000.0 for Q3 2020.

  • Quarterly Research & Development fell 96.3% year-over-year to $1000.0 in Q3 2020, while the trailing twelve-month figure through Jun 2021 was $1000.0 (down 99.15% YoY) and the FY2020 annual result came in at $31000.0, down 71.82% from the prior year.
  • Research & Development was $1000.0 for Q3 2020 at Pedevco, down from $30000.0 in the prior quarter.
  • Across five years, Research & Development topped out at $117000.0 in Q1 2016 and bottomed at $1000.0 in Q3 2020.
  • A 5-year average of $30071.4 and a median of $14000.0 in 2016 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2019 — Research & Development surged 566.67% — and 2020, when it slumped 96.3%.
  • Pedevco's Research & Development stood at $14000.0 in 2016, then tumbled by 85.71% to $2000.0 in 2017, then jumped by 350.0% to $9000.0 in 2018, then jumped by 566.67% to $60000.0 in 2019, then plunged by 98.33% to $1000.0 in 2020.
  • Business Quant data shows PED's Research & Development at $1000.0 in Q3 2020, $30000.0 in Q1 2020, and $60000.0 in Q4 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 109.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 45.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 110.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 25.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 14.00 Mn
10 Pedevco 53.77 Mn 42.18 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2020 1,000.00
Mar 31, 2020 30,000.00
Dec 31, 2019 60,000.00
Sep 30, 2019 27,000.00
Jun 30, 2019 13,000.00
Mar 31, 2019 10,000.00
Dec 31, 2018 9,000.00
Jun 30, 2018 28,000.00
Mar 31, 2018 10,000.00
Dec 31, 2017 2,000.00
Dec 31, 2016 14,000.00
Sep 30, 2016 14,000.00
Jun 30, 2016 86,000.00
Mar 31, 2016 117,000.00
Dec 31, 2015 8,000.00
Sep 30, 2015 165,000.00
Jun 30, 2015 213,000.00
Mar 31, 2015 315,000.00