PED
PEDEVCO Corp.0.5309
+0.0309+6.18%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A details DJ drill flexibility
Q&A spotlighted PEDEVCO's flexibility to ramp DJ Basin activity within months if oil prices hold, citing quick rig access, one permitted 6-7 well DSU, another nearing, Wyoming infills, and partner AFEs. Optimization projects target LOE cuts with most work done by Q3/Q4 2026 for $13-15 million annualized EBITDA lift by late 2026/early 2027. Merger wells outperformed type curves, juicing Q1 but not the full-year run-rate. Management affirmed PRB evaluation ongoing with nearer-term spots possible, plus opportunistic M&A there to build scale toward mid-cap. Answers directly tackled capex triggers and post-merger views without hedges. Q&A largely reinforced prepared optimism. Watch development pace.
Key Stats
Market Cap
50.71MP/E (TTM)
4.83Basic EPS (TTM)
0.11Dividend Yield
0%Recent Filings
8-K
1-for-20 reverse split filed
8-K
1-for-20 reverse split approved
PEDEVCO approved a 1-for-20 reverse stock split on March 3, 2026, effective March 13 at 12:01 a.m. ET, slashing outstanding shares from 266 million to 13.3 million. Post-merger, it streamlines capital structure and boosts per-share metrics to attract institutions. Cash pays fractional shares. Forward-looking benefits carry execution risks.
8-K
Geiser seizes 51.6% control
PEDEVCO's merger preferred and PIPE shares auto-converted on February 27, 2026, issuing 170 million common shares and handing Edward Geiser 51.6% voting control via Juniper affiliates. Charter amended to authorize 300 million shares, expand equity plan by 5 million, and renounce corporate opportunities for Juniper and Kukes groups. New board seats Geiser as director and committee chair. Control shifted decisively.
8-K
32.1 MMBoe reserves, $357.7M PV-10
PEDEVCO disclosed year-end 2025 proved reserves of 32.1 MMBoe across Colorado, New Mexico, and Wyoming properties, with PV-10 value of $357.7 million at SEC pricing. Reserves split 51% developed (16.38 MMBoe) versus undeveloped, reflecting full post-merger asset base and 71 horizontal drilling locations. PV-10 beats taxes. Forward-looking risks include commodity volatility.
8-K
PEDEVCO draws $5M credit
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