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| Date | Value |
|---|---|
| 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 |