PEDEVCO Corp PED
$13.81 $0.78 (5.99%) 1D
Last Updated: Aug 21, 12:00 AM·XASE
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PED Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, PEDEVCO Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
PEDEVCO Corp. Stock Analysis PED
United States Energy Micro Cap PEDEVCO Corp. is an exploration and production company, which engages in the acquisition and development of oil and natural gas assets. The company is headquartered in Houston, Texas and currently employs 25 full-time employees. The company went IPO on 2003-05-02. The firm is a Rockies-focused operator with over 328,000 net acres. The firm's principal assets are its D-J Basin Asset located in the D-J Basin in Weld and Morgan Counties, Colorado and Southeastern Wyoming, and its San Andres Asset located in the Northwest Shelf of the Permian Basin in eastern New Mexico. The firm owns substantial oil-weighted producing assets and significant leasehold interests with future drilling inventory located in the Northern DJ and Powder River Basins. The company has approximately 14,105 net Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico. The company has approximately 17,830 net D-J Basin acres located in Weld and Morgan Counties, Colorado, and Laramie County, Wyoming, through its wholly owned subsidiary, PRH Holdings LLC, and which are operated by its wholly owned operating subsidiary, Red Hawk Petroleum, LLC.
PEDEVCO Corp (PED) Chart
Financial Metrics & Statements of PEDEVCO Corp (PED)
FAQ's for PEDEVCO Corp (PED)
- As of August 2026, PEDEVCO Corp PED is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes PEDEVCO Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in PEDEVCO Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of PEDEVCO Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of PEDEVCO Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of PEDEVCO Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for PEDEVCO Corp (PED)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
