Comparing Extraction Oil & Gas (OTCMKTS:XOGAQ) & PEDEVCO (NYSE:PED)

Extraction Oil & Gas (OTCMKTS:XOGAQ) and PEDEVCO (NYSE:PED) are both small-cap energy companies, but which is the better business? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, earnings, risk, valuation and institutional ownership.

Valuation & Earnings

This table compares Extraction Oil & Gas and PEDEVCO”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Extraction Oil & Gas	$906.64 million	0.01	-$1.39 billion	($0.46)	-0.13
PEDEVCO	$33.25 million	1.72	$260,000.00	$0.11	5.43

PEDEVCO has lower revenue, but higher earnings than Extraction Oil & Gas. Extraction Oil & Gas is trading at a lower price-to-earnings ratio than PEDEVCO, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings and recommmendations for Extraction Oil & Gas and PEDEVCO, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Extraction Oil & Gas	0	0	0	0	0.00
PEDEVCO	0	1	1	1	3.00

PEDEVCO has a consensus target price of $1.50, suggesting a potential upside of 151.26%. Given PEDEVCO’s stronger consensus rating and higher probable upside, analysts plainly believe PEDEVCO is more favorable than Extraction Oil & Gas.

Risk and Volatility

Extraction Oil & Gas has a beta of 2.1, suggesting that its stock price is 110% more volatile than the S&P 500. Comparatively, PEDEVCO has a beta of 0.26, suggesting that its stock price is 74% less volatile than the S&P 500.

Profitability

This table compares Extraction Oil & Gas and PEDEVCO’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Extraction Oil & Gas	-223.86%	-56.20%	-11.52%
PEDEVCO	6.57%	1.58%	1.39%

Insider & Institutional Ownership

38.6% of Extraction Oil & Gas shares are owned by institutional investors. Comparatively, 3.3% of PEDEVCO shares are owned by institutional investors. 6.0% of Extraction Oil & Gas shares are owned by insiders. Comparatively, 70.4% of PEDEVCO shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

PEDEVCO beats Extraction Oil & Gas on 12 of the 15 factors compared between the two stocks.

About Extraction Oil & Gas

Extraction Oil & Gas, Inc., an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. The company also engages in the construction and support of midstream assets to gather, process, and produce crude oil and gas. As of December 31, 2019, it had approximately 169,900 net acres of contiguous acreage blocks in the productive areas of the DJ Basin; held approximately 125,500 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 254.1 MMBoe; and had 1,509 gross producing wells. The company was founded in 2012 and is headquartered in Denver, Colorado. On June 14, 2020, Extraction Oil & Gas, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

About PEDEVCO

PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming. The company is headquartered in Houston, Texas.