Welcome to our dedicated page for Pedevco news (Ticker: PED), a resource for investors and traders seeking the latest updates and insights on Pedevco stock.
PEDEVCO Corp. (NYSE American: PED) generates a steady flow of news as an energy company focused on the acquisition and development of strategic, high growth oil and natural gas projects in the United States. Company press releases highlight its activities in key onshore basins, including the Permian Basin in eastern New Mexico and multiple Rockies basins such as the D-J Basin, Northern DJ Basin, and Powder River Basin.
News coverage for PED often centers on quarterly and annual financial results, where the company reports production volumes, revenue trends, operating income or loss, and non-GAAP measures like EBITDA and Adjusted EBITDA. These updates typically include operational detail, such as the number and type of wells drilled or completed, working interests in non-operated wells, and changes in lease operating expenses and capital spending.
Another major theme in PEDEVCO news is corporate and strategic transactions. Recent releases describe the closing of a transformative merger with North Peak entities that own substantial oil-weighted producing assets and leasehold interests in the Northern DJ and Powder River Basins. Related announcements discuss the issuance of Series A Convertible Preferred Stock, a private placement of preferred shares, and amendments to a reserve-based lending facility with Citibank.
Investors following PED news will also see operations updates on horizontal San Andres wells in the company’s Chaveroo Field in the Permian Basin, participation in multi-mile lateral non-operated wells in the D-J Basin, and selective divestitures of low-producing legacy wells. Governance and capital markets items, such as changes in the board of directors, auditor transitions, and conference participation, are also disclosed through press releases and Form 8-K filings.
For readers tracking PED, this news stream provides insight into PEDEVCO’s production profile, asset base, capital structure, and strategic direction across its Rockies and Permian positions.
Pedevco Corp (NYSE: PED) saw material scale-up after the Juniper merger, exiting FY25 with production up 35% y/y to 910.1 Mboe, revenue of $45.8M, and adjusted EBITDA of $27.0M.
4Q25 (two months acquired) showed production of 483.2 Mboe, reserves of 32.1 MMBoe, PV-10 of $357.7M, and 1,000+ locations beyond proved reserves.
PEDEVCO (NYSE American: PED) reported audited Q4 and full-year 2025 results reflecting the Oct 31, 2025 Juniper Merger. Q4 2025 revenue was $23.1M and Adjusted EBITDA $15.4M; FY 2025 revenue was $45.8M with Adjusted EBITDA $27.0M. The company reported a FY net loss of $(10.4)M. Year-end proved reserves rose to 32.1 MMBoe with PV-10 $357.7M. Revolver balance was $87.0M. 2026 guidance: capex $16–20M and Adjusted EBITDA $60–70M based on $65/bbl oil and $3.50/Mscf gas.
PEDEVCO (NYSE American: PED) announced that CEO J. Douglas Schick, COO Reagan Tuck (R.T.) Dukes, and EVP & General Counsel Clark Moore will attend the 38th Annual ROTH Conference in Dana Point, California, March 22–24, 2026.
Management will host on-site investor meetings and an updated investor presentation is available on the company website.
PEDEVCO (NYSE: PED) reported preliminary, unaudited Q4 and full-year 2025 results after closing the Juniper merger on October 31, 2025. Q4 revenue rose to $22.5–23.5M (+~117% YoY) and Q4 adjusted EBITDA was $14.5–15.5M (+~196% YoY). Q4 average daily production grew to 5.0–5.5 Mboe/d (~141% YoY).
The company said the results reflect only a partial-quarter contribution from acquired assets and expects to file final audited results in its 2025 Form 10-K. A conference call is scheduled for April 1, 2026 at 11:00 a.m. ET.
PEDEVCO (NYSE American: PED) will effect a 1-for-20 reverse stock split at 12:01 a.m. EDT on March 13, 2026, consolidating roughly 266.0 million shares into approximately 13.3 million shares. The trading symbol will remain PED and the CUSIP will change to 70532Y402.
The Board says the split aims to reduce share count, raise the per-share trading price, streamline capital structure after a transformative merger, and broaden institutional investor access. No change to authorized shares or par value ($0.001). Fractions will be settled in cash; outstanding options and equity awards will be adjusted.
PEDEVCO (NYSE: PED) reported year-end 2025 total proved reserves of ~32.12 MMBoe with a PV-10 of $357.7 million (SEC pricing, effective 12/31/2025).
Estimated future net cash flows before federal income taxes are ~$674.8 million. Proved reserves include 16.38 MMBoe developed and 15.74 MMBoe undeveloped, with 71 planned horizontal drilling locations across CO, WY and NM.
PEDEVCO (NYSE:PED) reported Q3 2025 results on November 17, 2025, before its October 31, 2025 merger closing. Q3 2025 revenue was $7.0M (down 23% YoY) with a net loss of $0.3M and Adjusted EBITDA $4.3M (down 24% YoY). Production averaged 1,471 BOEPD (84% liquids), a 13% decline versus Q3 2024. Cash and cash equivalents totaled $13.7M and the company reported zero debt.
The October 31 merger with Juniper portfolio companies transforms PED into a Rockies-focused operator with over 6,500 BOEPD and ~320,000 net acres, and multiple D-J Basin wells coming online in Q4 2025–early 2026.
PEDEVCO (NYSE American: PED) closed a merger with Juniper-controlled portfolio companies, issuing 10,650,000 Series A Convertible Preferred (convertible into 106.5M common shares) and refinancing the portfolio companies' debt.
Simultaneously, PEDEVCO completed a private placement of 6,363,637 Convertible Preferred, raising $35.0M gross. On a pro forma basis Juniper and affiliates will own ~53% of the combined company; total debt is expected to be ~$87M with ~$10M cash. The combined company reports >6,500 BOEPD (>80% oil) and ~328,000 net acres. PEDEVCO increased its borrowing base to $120M and drew ~$87M. Board and senior management changes completed; 32 wells are slated for completion in Q4 2025–Q1 2026.
PEDEVCO (NYSE:PED) closed a merger with Juniper Capital portfolio companies on November 3, 2025, creating a Rockies-focused public operator with over 6,500 BOEPD (>80% oil) and ~328,000 net acres. PEDEVCO issued 10,650,000 Series A convertible preferred shares (convertible into 106.5M common) to Juniper and completed a private placement of 6,363,637 convertible preferred shares, raising $35M.
After the deals PEDEVCO expects ~$87M total debt, ~$10M cash and ~266M common shares outstanding; Juniper would own ~53% upon conversion. Management and board changes and a $250M RBL borrowing base increase to $120M (drawn ~$87M) were announced.
PEDEVCO (NYSE American:PED) reported challenging Q2 2025 financial results, with a net loss of $1.7 million ($0.02 loss per share) compared to a net income of $2.7 million in Q2 2024. Revenue declined to $7.0 million, down $4.8 million year-over-year, while production decreased 25% to 1,517 BOEPD.
Despite setbacks, the company maintains a strong financial position with $11.2 million in cash and zero debt. PEDEVCO received first production from four new Permian Basin wells and is participating in 18 non-operated wells in the D-J Basin. The company's average realized sales price decreased 22% to $50.51 per Boe, contributing to the quarterly performance decline.
Production challenges included offline non-operated D-J Basin pad, shut-in Permian Basin wells, and natural declines from Q4 2024 flush production. Management expects significant improvement in coming quarters, supported by new well completions and an untouched $250 million RBL facility with Citibank.