Comparing PEDEVCO (NYSE:PED) and Woodside Energy Group (OTCMKTS:WOPEY)

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

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%

Institutional and Insider Ownership

3.3% of PEDEVCO shares are held by institutional investors. 70.6% of PEDEVCO shares are held by company 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.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Woodside Energy Group and PEDEVCO, as provided 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 113.79%. Given PEDEVCO’s stronger consensus rating and higher probable upside, analysts clearly believe PEDEVCO is more favorable than Woodside Energy Group.

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Woodside Energy Group	$7.10 billion	2.09	$1.98 billion	N/A	N/A
PEDEVCO	$30.78 million	2.21	$260,000.00	$0.02	38.02

Woodside Energy Group has higher revenue and earnings than PEDEVCO.

Volatility and Risk

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