PED - Earnings announcements

Q1 2026 Production Exceeds Expectations on Strong Initial Well PerformanceAdjusted EBITDA Increased 404% from Q1 2025(1) HOUSTON, May 14, 2026 (GLOBE NEWSWIRE) -- PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), a publicly traded energy company engaged in the acquisition and development of strategic oil and gas assets in the Rocky Mountain region, today reported unaudited financial results for the first quarter ended March 31, 2026. Financial & Operational Highlights ($000s except as noted)Q1 2026Q1 2025Q4 2025Change YoYChange QoQAverage Daily Production (Boe/d)8,0911,7075,310+374%+52%Revenue$40,222$8,736$23,082+360%+74%Net (Loss) Income$(25,627)$140$(8,501)NM(2)NM(2)Adjusted EBITD

HOUSTON, April 30, 2026 (GLOBE NEWSWIRE) -- PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), a publicly traded energy company engaged in the acquisition and development of strategic oil and gas assets in the Rocky Mountain region, will host a conference call on Thursday, May 14, 2026, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2026. The Company's results will be reported in a press release prior to the call. PEDEVCO's management will host the conference call, followed by a question-and-answer period. Interested parties may submit questions prior to the call by emailing the Company's investor relations team, Elevate IR, at PED@ele

HOUSTON, March 31, 2026 (GLOBE NEWSWIRE) -- PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), a publicly traded energy company engaged in the acquisition and development of strategic oil and gas assets in the Rocky Mountain region, today reported audited financial results for the fourth quarter and full year ended December 31, 2025. The Company's full year 2025 results reflect the closing of its transformative merger with certain portfolio companies controlled by Juniper Capital Advisors, L.P. (the "Juniper Merger") on October 31, 2025, with the consolidated financial results for the year ended December 31, 2025 including only two months of contribution from the acquired assets. The

Record Preliminary* Q4 and Full Year 2025 Financial Results Q4 Revenue Rose Over 2x to $22.5 – 23.5 Million Q4 Adj. EBITDA Grew Nearly 3x to $14.5 – 15.5 Million Q4 Average Daily Production Grew ~140% to 5 – 5.5 Mboe/d Earnings Results and 2026 Financial Outlook to Be Discussed on Wednesday, April 1, 2026, at 11:00 a.m. Eastern time HOUSTON, March 19, 2026 (GLOBE NEWSWIRE) -- PEDEVCO Corp. ("PEDEVCO" or the "Company") (NYSE:PED), a domestic energy company engaged in the acquisition and development of strategic, high growth energy projects in the Rocky Mountain region, today announced preliminary financial results for the fourth quarter and full year ended December 31, 2025. Fourth Qu

HOUSTON, TX / ACCESSWIRE / November 14, 2024 / PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three and nine months ended September 30, 2024, and provided an operations update.Key Financial and Operational Highlights Include:Produced an average of 1,698 barrels of oil equivalent per day ("BOEPD") (85% liquids) in the three months ended September 30, 2024 ("Q3 2024"), compared to 1,376 BOEPD produced in Q3 2023.Q3 2024 revenue of $9.1 million, increasing $1.7 million from Q3 2023.Operating income of $2.8 million, increasing 2

HOUSTON, TX / ACCESSWIRE / August 14, 2024 / PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three and six months ended June 30, 2024, and provided an operations update.Key Financial and Operational Highlights Include:Produced an average of 2,010 barrels of oil equivalent per day ("BOEPD") (87% liquids) in the three months ended June 30, 2024 ("Q2 2024"), compared to 1,660 BOEPD produced in Q2 2023.Q2 2024 revenue of $11.8 million, increasing $3.3 million from Q2 2023.Operating income of $2.6 million, increasing 77% from Q2 2

HOUSTON, TX / ACCESSWIRE / May 15, 2024 / PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three months ended March 31, 2024 and provided an operations update.Key Financial and Operational Highlights Include:Produced an average of 1,478 barrels of oil equivalent per day ("BOEPD") (84% liquids) in the three months ended March 31, 2024 ("Q1 2024"), compared to 1,428 BOEPD produced in Q1 2023.Q1 2024 revenue of $8.12 million, decreasing $48,000 from Q1 2023.Operating income of $0.6 million, decreasing 62% from Q1 2023.Operating e

HOUSTON, TX / ACCESSWIRE / March 18, 2024 / PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the year ended December 31, 2023.Key Highlights Include:Produced an average of 1,427 barrels of oil equivalent per day ("BOEPD") (74% oil) in 2023, increasing 43% over average daily production in 2022.Adjusted EBITDA, a non-GAAP financial measure (discussed in greater detail below), increased 8% to $17.5 million in 2023, compared to $16.1 million in 2022.Reported revenue of $31 million, increasing 2% over 2022 revenue.Reported operating lo

HOUSTON, TX / ACCESSWIRE / November 9, 2023 / PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three and nine months ended September 30, 2023 and provided an operations update.Key Financial and Operational Highlights Include:Produced an average of 1,376 barrels of oil equivalent per day ("BOEPD") (81.0% liquids) in the three months ended September 30, 2023 ("Q3 2023"), compared to 960 BOEPD produced in Q3 2022.Q3 2023 revenue of $7.33 million, decreasing 2% from Q3 2022.Operating income of $0.9 million, decreasing 16% from Q3

HOUSTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Evolution Petroleum Corporation (NYSE:EPM) ("Evolution") and PEDEVCO Corp. (NYSE:PED) ("PEDEVCO") today announced entry into a definitive Participation Agreement to jointly develop PEDEVCO's Chaveroo oilfield in the Northwest Shelf ("NWS") of southeastern New Mexico, a conventional oil-bearing San Andres field in the Permian Basin located in Chaves and Roosevelt Counties. The Chaveroo field was originally developed with vertical wells on 40-acre spacing. PEDEVCO has drilled ten horizontal infill wells on ~20-acre spacing which yields most of the field's current production. The agreement covers approximately 16,000 acres with average working inter

HOUSTON, TX / ACCESSWIRE / August 14, 2023 / PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the six months ended June 30, 2023 and provided an operations update.Key Highlights Include:Produced an average of approximately 2,006 barrels of oil equivalent per day ("BOEPD") (75.5% oil) in the three months ended June 30, 2023 ("Q2 2023"), compared to 1,085 BOEPD produced in the three months ended June 30, 2022 ("Q2 2022").Reported Q2 2023 revenue of $10.9 million, increasing 14% over revenue earned during Q2 2022.Reported operating i

HOUSTON, TX / ACCESSWIRE / March 29, 2023 / PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the year ended December 31, 2022 and provided an operations update.Key Highlights Include:Produced an average of approximately 1,000 barrels of oil equivalent per day ("BOEPD") (83.5% oil) in 2022, with 2022 revenue of $30 million increasing 89% over 2021 revenue.Reported operating income of $2.6 million and operating expenses (inclusive of general and administrative expenses, depreciation, depletion and amortization expenses and lease ope

HOUSTON, TX / ACCESSWIRE / November 14, 2022 / PEDEVCO Corp. (NYSE:PED)("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three and nine months ended September 30, 2022 and provided an operations update.Key Highlights Include:Produced an average of 960 barrels of oil equivalent per day ("BOEPD") (87% oil) in the three months ended September 30, 2022 ("Q3 2022"), with Q3 2022 revenue of $7.47 million increasing 84% over revenue earned during the three months ended September 30, 2021 ("Q3 2021").Reported Q3 2022 operating income of $1.02 million, increasi

HOUSTON, TX / ACCESSWIRE / August 15, 2022 / PEDEVCO Corp. (NYSE:PED)("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three and six months ended June 30, 2022 and provided an operations update.Key Highlights Include:Produced an average of 1,085 barrels of oil equivalent per day ("BOEPD") (80% oil) in the three months ended June 30, 2022 ("Q2 2022"), with Q2 2022 revenue of $9.55 million increasing 155% over revenue earned during the three months ended June 30, 2021 ("Q2 2021").Reported Q2 2022 operating income of $3.22 million, increasing nearly 600%

HOUSTON, TX / ACCESSWIRE / May 16, 2022 / ­­ PEDEVCO Corp. (NYSE:PED)("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three months ended March 31, 2022 and provided an operations update.Key Highlights Include:Produced an average of 1,074 barrels of oil equivalent per day ("BOEPD") (80% oil) in the three months ended March 31, 2022 ("Q1 2022"), with Q1 2022 revenue of $7.1 million increasing 101% over revenue earned during the three months ended March 31, 2021 ("Q1 2021").Reported Q1 2022 operating income of $1.26 million, increasing 74% from Q1 2021.R

HOUSTON, TX / ACCESSWIRE / March 11, 2022 / PEDEVCO Corp. (NYSE:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the year ended December 31, 2021 and provided an operations update.Key Highlights Include:Produced an average of 727 barrels of oil equivalent per day ("BOEPD") (86% oil) in 2021, with 2021 revenue of $15.9 million increasing 97% over 2020 revenue.Reported an operating loss of $1.9 million and operating expenses (inclusive of general and administrative expenses, depreciation, depletion and amortization expenses and lease operating expenses

Second Quarter Revenues Increased 470% to $3.74 MillionHOUSTON, TX / ACCESSWIRE / August 17, 2021 / PEDEVCO Corp. (NYSE:PED), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the second quarter ended June 30, 2021 and provided an operations update.Second Quarter 2021 Financial SummaryOil and gas production for the second quarter of 2021 increased 40% to 718 barrels of oil equivalent per day ("BOEPD") (84% oil), as compared to 511 BOEPD (77% oil) in the same quarter last year. The increase in production was primarily attributable to the production from the Company's operated wells thro