PEDEVCO Interest Coverage

What does PEDEVCO do? PEDEVCO Corp is an energy company based in Houston, Texas that has been publicly traded since 2012. The company was founded in 2012 as Pacific Energy Development and later renamed to PEDEVCO Corp. PEDEVCO specializes in the exploration and production of oil and gas in the United States. The company focuses on the exploration, development, and production of conventional and unconventional oil and gas, with a focus on the Permian Basin in western Texas and New Mexico. PEDEVCO's business model involves finding, developing, and producing oil and gas reserves through drilling. The company utilizes advanced technologies such as horizontal drilling and fracking to access oil and gas resources. PEDEVCO has several business segments, including subsidiaries DFW Midstream Services LLC, Pacific Energy Alaska Holdings LLC, and Pacific Energy Development Asia Co. Ltd. DFW Midstream Services LLC is a midstream energy company specializing in the processing and transportation of natural gas and oil. The company owns multiple processing facilities and pipelines in Texas and Oklahoma. Pacific Energy Alaska Holdings LLC is an energy company specializing in the exploration and production of oil and gas on the Alaska Peninsula. Pacific Energy Development Asia Co. Ltd is an energy company based in Thailand specializing in the exploration and production of oil and gas in the Asia-Pacific region. PEDEVCO also offers various energy and commodity products and services. These products include concentrates, oils and gas, as well as commodities such as copper and gold. In the past, PEDEVCO has conducted multiple oil drilling operations on different properties, and there are plans to continue drilling activities to access additional oil and gas resources. PEDEVCO operates its business in compliance with US environmental and safety laws and regulations. The company also has a responsibility to the communities in which it operates and is therefore involved in social and charitable activities. PEDEVCO Corp is a reputable energy company specializing in the exploration and production of oil and gas. With advanced technologies and a clear focus on quality and safety, the company has established its position in the energy market in the United States. PEDEVCO is one of the most popular companies on Eulerpool.