Is PEDEVCO Corp halal to invest in?

According to Musaffa's Shariah screening methodology, PEDEVCO Corp (PED) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is PEDEVCO Corp a Shariah-compliant stock?

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.

Can Muslims buy shares of PEDEVCO Corp?

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.

Why is PEDEVCO Corp classified as NOT HALAL?

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.

How often is the Shariah compliance for PEDEVCO Corp updated?

The Shariah compliance status of PEDEVCO Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like PEDEVCO Corp become non-compliant?

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.

Where can I check the Shariah status of PEDEVCO Corp?

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.

PED Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 03, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for PEDEVCO Corp (PED)

Based on 5 analysts giving stock ratings to PEDEVCO Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

PEDEVCO Corp. Stock Analysis PED

United States Energy Micro Cap Report: 2025 Annual

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.

Key Statistics of PEDEVCO Corp (PED)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$14.23$15.63

Today's Open

$14.60

Volume

46.09K

P/E Ratio (TTM)

52 Week Range

$8.64$18.89

Market Cap

225.84M

Avg. Volume

24.70K

Dividend Yield

Financial Metrics & Statements of PEDEVCO Corp (PED)

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FAQ's for PEDEVCO Corp (PED)

According to Musaffa’s Shariah screening methodology, PEDEVCO Corp (PED) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.