Analyzing PEDEVCO (NYSE:PED) & Woodside Energy Group (OTCMKTS:WOPEY)

Woodside Energy Group (OTCMKTS:WOPEY) and PEDEVCO (NYSE:PED) are both oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, dividends, analyst recommendations, valuation and risk.

Profitability

This table compares Woodside Energy Group and PEDEVCO’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Woodside Energy Group	N/A	N/A	N/A
PEDEVCO	6.57%	1.58%	1.39%

Analyst Ratings

This is a summary of current recommendations and price targets for Woodside Energy Group and PEDEVCO, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Woodside Energy Group	0	0	0	0	0.00
PEDEVCO	0	0	2	0	3.00

PEDEVCO has a consensus target price of $1.63, indicating a potential upside of 116.09%. Given PEDEVCO’s stronger consensus rating and higher possible upside, analysts clearly believe PEDEVCO is more favorable than Woodside Energy Group.

Insider and Institutional Ownership

3.3% of PEDEVCO shares are held by institutional investors. 70.6% of PEDEVCO shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Woodside Energy Group and PEDEVCO”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Woodside Energy Group	$7.10 billion	2.15	$1.98 billion	N/A	N/A
PEDEVCO	$30.78 million	2.19	$260,000.00	$0.02	37.62

Woodside Energy Group has higher revenue and earnings than PEDEVCO.

Volatility & Risk

Woodside Energy Group has a beta of 1.27, indicating that its stock price is 27% more volatile than the S&P 500. Comparatively, PEDEVCO has a beta of 0.52, indicating that its stock price is 48% less volatile than the S&P 500.

Summary

PEDEVCO beats Woodside Energy Group on 9 of the 12 factors compared between the two stocks.

About Woodside Energy Group

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. The company produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It holds interests in the Greater Browse, Greater Sunrise, Greater Pluto, Greater Exmouth, North West Shelf, Wheatstone, Julimar-Brunello, Canada, Senegal, Greater Scarborough, and Myanmar projects. The company was formerly known as Woodside Petroleum Ltd and changed its name to Woodside Energy Group Ltd in May 2022. Woodside Energy Group Ltd was founded in 1954 and is headquartered in Perth, Australia.

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.