PEDEVCO CORP
PEDEVCO is an oil and gas company that acquires and develops oil and natural gas assets in the United States. It focuses on legacy properties with established production histories, defined geology and existing infrastructure, applying modern drilling, completion and field management techniques. Its assets are in the Denver-Julesburg Basin in Colorado and Wyoming, the Powder River Basin in Wyoming, and the Permian Basin in West Texas and eastern New Mexico. PEDEVCO holds interests in acreage and wells through wholly owned subsidiaries and operates properties in these basins. PEDEVCO makes money by producing and selling crude oil and natural gas. It sells oil to unaffiliated purchasers under short-term agreements, while natural gas is sold to independent marketing and midstream companies at delivery points near producing wells. Its corporate headquarters are in Houston, Texas.
No SEC Form 4 filings for $PED in the last 30 days.
See all $PED insider activity →PEDEVCO reported Q3 GAAP EPS of -$0.70, missing estimates by $0.88, but revenue of $35.54M exceeded expectations by $3.39M. Adjusted EBITDA rose to $14.7M from $4.3M year-over-year, according to the company.
SGK 2018 REVOCABLE TRUST (Chief Executive Officer) purchased 147,070 shares of PEDEVCO CORP (PED) at $13.00 ($1.91M total) on 2026-10-08. Filed jointly with KUKES SIMON G (10% owner).
Pedevco (PED) plans to grow in the Rockies, with 15 gross wells expected by early 2027. The company aims for $10M-$12M in annualized lease operating expense savings by mid-2027 and has reduced debt faster than expected. Pedevco is evaluating acquisitions and expanding its Mowry Shale position, targeting projects with 25%-30% internal rates of return at $60/bbl oil. It reported $37M adjusted EBITDA and $18M net income in Q2 2026.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning PED (PEDEVCO CORP). Coverage has skewed bearish: 0 bullish, 0 neutral, and 1 bearish.
Recent PED coverage spans earnings, corporate actions and insider activity.
PEDEVCO reported Q3 GAAP EPS of -$0.70, missing estimates by $0.88, but revenue of $35.54M exceeded expectations by $3.39M. Adjusted EBITDA rose to $14.7M from $4.3M year-over-year, according to the company.
SGK 2018 REVOCABLE TRUST (Chief Executive Officer) purchased 147,070 shares of PEDEVCO CORP (PED) at $13.00 ($1.91M total) on 2026-10-08. Filed jointly with KUKES SIMON G (10% owner).
The guidance reaffirmation and cost‑saving program suggest earnings upside, while acquisition activity could add growth upside if deals materialize.
Cost cuts may improve margins; CEO search adds uncertainty.
Leadership transition may cause short‑term volatility but no immediate operational change.
AlphAI scores every news story that mentions PED with an AI model for sentiment and relevance, and aggregates insider trades from PEDEVCO CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
PEDEVCO reported Q3 GAAP EPS of -$0.70, missing estimates by $0.88, but revenue of $35.54M exceeded expectations by $3.39M. Adjusted EBITDA rose to $14.7M from $4.3M year-over-year, according to the company.
SGK 2018 REVOCABLE TRUST (Chief Executive Officer) purchased 147,070 shares of PEDEVCO CORP (PED) at $13.00 ($1.91M total) on 2026-10-08. Filed jointly with KUKES SIMON G (10% owner).
Pedevco (PED) plans to grow in the Rockies, with 15 gross wells expected by early 2027. The company aims for $10M-$12M in annualized lease operating expense savings by mid-2027 and has reduced debt faster than expected. Pedevco is evaluating acquisitions and expanding its Mowry Shale position, targeting projects with 25%-30% internal rates of return at $60/bbl oil. It reported $37M adjusted EBITDA and $18M net income in Q2 2026.
Pedevco (PED) plans to drill 15+ wells in H2 2026, with some completions extending into Q1 2027. The company reaffirmed 2026 EBITDA guidance of $60M-$70M and reported Q2 revenue of $46M, adjusted EBITDA of $19M, and net income of $18M. Pedevco aims to cut lease operating expenses by $10M annually and is evaluating acquisitions in the Rockies region. Management prioritizes organic growth, margin expansion, and conservative leverage.
PEDEVCO CORP (PED) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Executive Officer Transition On September 21, 2026 (the “ Transition Date ”), PEDEVCO Corp. (the “ Company ”) announ
PEDEVCO CORP (PED) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) Stockholder Approval of the Third Amendment to the PEDEVCO Corp. 2021 Equity Incentive Plan At the 2026 Annual Meeting
PEDEVCO (PED) reported Q2 2026 revenue of $46.1M, up 561% YoY, and net income of $17.5M ($1.31 per share), reversing a prior-year loss. Adjusted EBITDA rose 516% YoY to $18.7M. Production increased 348% YoY but fell 16% sequentially. Oil prices rose 53% YoY, while gas prices dropped 22%. The company reduced debt and plans to fund drilling through internal cash flow, aiming for $60M-$70M EBITDA in 2026. Management cited operational challenges and permitting bottlenecks as risks.
Clark Moore (Executive VP) sold 10,260 shares of PEDEVCO CORP (PED) at an average of $12.61 ($12.37–$12.81, $0.13M total) across 3 trades over 2026-08-17 to 2026-08-19.
PEDEVCO CORP (PED) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 PEDEVCO Reports Second Quarter 2026 Results Revenue and Net Income Increase QoQ and YoY Adjusted EBITDA of $18.7 Million for the Quarter Enhanced Development Plan Expected to Drive Future Growth HOUSTON, August 13, 2026 (GLOBE NEWSWIRE) — PEDEVCO Corp. (NYSE American
PEDEVCO CORP (PED) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. EX-10.7 3 ped_ex107.htm EMPLOYMENT AGREEMENT ped_ex107.htm EXHIBIT 10.7 EMPLOYMENT AGREEMENT This Employment Agreement (the “ Agreement ”), dated July 21, 2026 (the “ Effective Date ”), is entered into by and between Robert J. Long (“ Executive ”) and PEDEVCO Corp., a Texas corpo
