PED · PEDEVCO CORP

PEDEVCO Corp., together with its subsidiaries, operates as an oil and gas company in the United States. It engages in the acquisition, exploration, development, and production of oil and natural gas assets. The company is headquartered in Houston, Texas.

Cap structure and valuation

Cap structure
SP	$12.77
SO	13.3M
Options	0.1M
Warrants	0.2M
FD SO	13.5M
MC	$172.8M

Cash	$10.8M
Total debt	—
EV	$162.0M

TTM Multiples
EV / Revenue	1.5x
EV / EBITDA	3.3x
MC / Net Income	—
EV / FCF	—
MC / FCF	—

Ownership & coverage
Institutional	56.1%
Insiders	37.0%
# Institutions	50
Analysts	2
Consensus	—
Avg target	$18.22

Short % float	1.0%
Days to cover	1.85

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-08-11. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-10-14 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-09-30; the float denominator can be unreliable on tiny floats.

Financial statements

	6/30/26	3/31/26	12/31/25	9/30/25
Total Revenue	46.11	40.22	14.20	6.96
Revenue YoY %	561.4%	360.4%	34.3%	(23.1%)
Cost of Revenue	—	—	7.60	—
Gross Profit	18.77	9.81	6.60	0.69
Gross Profit YoY %	—	461.9%	711.8%	(83.4%)
Gross Margin %	40.7%	24.4%	46.5%	9.9%

SG&A	3.41	3.11	11.97	1.52
Operating Expense	—	—	11.53	—

Operating Income	15.36	6.70	(4.93)	(0.83)
Operating Income YoY %	784.4%	4368.7%	(263.1%)	(129.5%)
Operating Margin %	33.3%	16.7%	(34.7%)	(12.0%)
EBITDA	25.51	19.15	1.87	3.18
EBITDA Margin %	55.3%	47.6%	13.2%	45.6%

Interest Expense	1.97	2.00	1.30	0.10
Other Income / (Expense)	5.10	(31.20)	6.36	—
Pretax Income	18.48	(26.50)	0.13	(0.49)
Tax Provision	1.03	(0.87)	8.63	(0.16)
Net Income	17.45	(25.63)	(8.50)	(0.33)
Net Margin %	37.9%	(63.7%)	(59.9%)	(4.7%)

Diluted EPS	$1.31	-$3.28	-$2.23	$0.00
Basic EPS	$1.31	-$3.28	-$2.23	$0.00
Diluted Avg Shares	13.3	7.8	—	92.2
Basic Avg Shares	13.3	7.8	—	92.2

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Total Revenue	107.50	45.75	39.55	30.78	30.03
Revenue YoY %	135.0%	15.7%	28.5%	2.5%	—
Gross Profit	35.87	8.93	11.11	7.25	8.48
Gross Profit YoY %	301.5%	(19.6%)	53.3%	(14.6%)	—
Gross Margin %	33.4%	19.5%	28.1%	23.5%	28.2%

SG&A	20.01	16.79	6.39	6.01	5.85

Operating Income	16.30	(7.86)	4.72	1.24	2.63
Operating Income YoY %	307.5%	(266.5%)	281.3%	(53.0%)	—
Operating Margin %	15.2%	(17.2%)	11.9%	4.0%	8.8%
EBITDA	49.71	10.15	20.64	12.11	13.78
EBITDA Margin %	46.2%	22.2%	52.2%	39.3%	45.9%

Interest Expense	5.38	1.41	0.00	—	0.00
Other Income / (Expense)	(19.30)	6.96	—	—	—
Pretax Income	(8.37)	(2.31)	5.04	1.70	2.84
Tax Provision	8.63	8.05	(7.25)	0.00	—
Net Income	(17.00)	(10.36)	12.29	1.70	2.84
Net Margin %	(15.8%)	(22.6%)	31.1%	5.5%	9.5%

Diluted EPS	-$4.20	-$2.25	$2.76	$0.02	$0.03
Basic EPS	-$4.20	-$2.25	$2.76	$0.02	$0.03
Diluted Avg Shares	13.3	4.6	4.5	87.0	85.5
Basic Avg Shares	13.3	4.6	4.5	87.0	85.5

	6/30/26	3/31/26	12/31/25	9/30/25
Cash & Equivalents	10.80	7.70	3.22	10.92
Receivables	24.01	27.41	25.67	0.00
Inventory	0.14	0.14	0.06	—
Other Current Assets	4.86	7.28	8.80	5.23
Total Current Assets	39.82	42.53	37.75	16.15

Net PPE	295.68	301.52	303.41	—
Operating Lease ROU	0.12	0.17	0.21	0.26
Other Assets	24.08	25.86	34.49	119.48
Total Assets	359.70	370.08	375.87	135.89

Accounts Payable	6.55	9.92	32.44	10.29
Current Lease Liabilities	0.12	0.17	0.18	0.18
Other Current Liabilities	44.07	52.87	31.86	4.16
Total Current Liabilities	50.74	62.96	64.48	14.64
Long-term Lease Liabilities	0.00	0.00	0.03	0.08
Other Liabilities	108.91	124.94	104.00	5.80
Total Liabilities	159.65	187.90	168.50	20.52

Retained Earnings	(130.03)	(147.49)	(121.86)	(113.36)
Total Equity	200.05	182.19	207.36	115.37

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Cash & Equivalents	10.80	3.22	4.01	18.52	29.43
Receivables	24.01	25.67	0.29	0.04	0.00
Inventory	0.14	0.06	0.00	—	—
Other Current Assets	4.86	8.80	8.91	6.05	2.68
Total Current Assets	39.82	37.75	13.21	24.61	32.11

Net PPE	295.68	303.41	103.51	94.28	81.40
Operating Lease ROU	0.12	0.21	0.22	0.32	0.07
Other Assets	24.08	34.49	11.40	3.54	2.53
Total Assets	359.70	375.87	128.35	122.74	116.11

Accounts Payable	6.55	32.44	2.62	6.58	1.56
Current Lease Liabilities	0.12	0.18	0.10	0.09	0.08
Other Current Liabilities	44.07	31.86	4.18	12.23	15.32
Total Current Liabilities	50.74	64.48	6.91	18.90	16.96
Long-term Lease Liabilities	0.00	0.03	0.13	0.23	0.00
Other Liabilities	108.91	104.00	5.71	2.17	2.69
Total Liabilities	159.65	168.50	12.74	21.29	19.65

Retained Earnings	(130.03)	(121.86)	(111.50)	(123.79)	(126.74)
Total Equity	200.05	207.36	115.60	101.45	96.46

	6/30/26	3/31/26	12/31/25	9/30/25
Net Income	17.45	(25.63)	(8.50)	(0.33)
D&A	10.15	12.45	6.80	4.01
Stock-Based Comp	0.41	0.49	—	0.54
Δ Working Cap & Other	(12.68)	23.22	(0.44)	3.17
Operating Cash Flow	15.34	10.54	(2.15)	7.40

Other Investing	(1.53)	(16.48)	(127.20)	(4.94)
Investing Cash Flow	(1.53)	(16.48)	(127.20)	(4.94)

Debt Issuance	0.00	11.00	—	—
Stock Issuance	—	—	0.00	0.00
Other Financing	(13.00)	—	122.00	—
Financing Cash Flow	(13.00)	10.96	122.00	0.00

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Net Income	(17.00)	(10.36)	12.29	1.70	2.84
D&A	33.41	18.01	15.92	10.88	11.15
Stock-Based Comp	2.72	2.76	1.86	2.04	2.10
Δ Working Cap & Other	12.00	0.35	(17.31)	8.86	(0.11)
Operating Cash Flow	31.12	10.76	12.77	23.48	15.98

CapEx	—	—	—	(0.04)	0.00
Other Investing	(150.15)	(133.18)	(26.87)	(35.70)	(12.27)
Investing Cash Flow	(150.15)	(133.18)	(26.87)	(35.74)	(12.27)

Stock Issuance	—	0.14	0.00	0.00	0.04
Other Financing	119.96	122.00	—	—	—
Financing Cash Flow	119.96	122.14	0.00	0.00	0.04

Free Cash Flow	—	—	—	23.44	15.98

	6/30/26	3/31/26	12/31/25	9/30/25
Current Ratio	0.78	0.68	0.59	1.10
Quick Ratio	0.78	0.67	0.58	—
Debt / Equity	—	—	—	—
EBITDA Margin %	55.3%	47.6%	13.2%	45.6%
Working Capital	(10.92)	(20.43)	(26.73)	1.52
Net Debt	—	—	—	—
ROE %	8.7%	(14.1%)	(4.1%)	(0.3%)
ROA %	4.9%	(6.9%)	(2.3%)	(0.2%)

	LTM	12/31/25	12/31/24	12/31/23	12/31/22
Current Ratio	0.78	0.59	1.91	1.30	1.89
Quick Ratio	0.78	0.58	1.91	—	—
Debt / Equity	—	—	—	—	—
EBITDA Margin %	46.2%	22.2%	52.2%	39.3%	45.9%
Working Capital	(10.92)	(26.73)	6.31	5.71	15.15
Net Debt	—	—	—	—	—
ROE %	(8.5%)	(5.0%)	10.6%	1.7%	2.9%
ROA %	(4.7%)	(2.8%)	9.6%	1.4%	2.4%

Insider activity (last 2 years)

Date Filed	Reporter	Relationship	Trans. Date	Code	Shares	Price	Total Value
2026-10-13	KUKES SIMON G	10% Owner	2026-10-08	P	147,070	$13.00	$1,911,910
2026-08-19	Clark Moore	Officer (Executive VP)	2026-08-19	S	(1,218)	$12.37	-$15,067
2026-08-19	Clark Moore	Officer (Executive VP)	2026-08-18	S	(5,277)	$12.53	-$66,121
2026-08-19	Clark Moore	Officer (Executive VP)	2026-08-17	S	(3,765)	$12.81	-$48,230
2026-08-14	Howie John K	Director	2026-08-12	A	1,111	$11.25	$12,499
2026-07-23	DUKES REAGAN TUCK	Officer (COO)	2026-07-21	A	17,190	—	$0
2026-07-23	DUKES REAGAN TUCK	Officer (COO)	2026-07-21	A	7,520	—	$0
2026-07-23	Long Robert Joseph	Officer (CFO and Treasurer)	2026-07-21	A	18,050	—	$0
2026-07-23	Long Robert Joseph	Officer (CFO and Treasurer)	2026-07-21	A	4,010	—	$0
2026-07-02	Clark Moore	Officer (Executive VP)	2026-06-30	S	(18,797)	$14.67	-$275,790
2026-06-23	Crook Jody D.	Officer (Chief Commercial Officer)	2026-06-22-05:00	A	16,050	—	$0
2026-06-23	Crook Jody D.	Officer (Chief Commercial Officer)	2026-06-22-05:00	A	7,020	—	$0
2026-06-23	Schick John Douglas	Director, Officer (President and CEO)	2026-06-22-05:00	A	22,830	—	$0
2026-06-23	Schick John Douglas	Director, Officer (President and CEO)	2026-06-22-05:00	A	15,220	—	$0
2026-06-23	Clark Moore	Officer (Executive VP)	2026-06-22-05:00	A	18,950	—	$0
2026-06-23	Clark Moore	Officer (Executive VP)	2026-06-22-05:00	A	5,270	—	$0
2026-05-27	Willsher Martyn	Director	2026-05-26-05:00	P	13,428	$14.29	$191,859
2026-05-27	Willsher Martyn	Director	2026-05-22-05:00	P	6,572	$14.74	$96,865
2026-05-01	Howie John K	Director	2026-04-30-05:00	A	782	$15.98	$12,496
2026-03-03	Crook Jody D.	Officer (CHIEF COMMERCIAL OFFICER)	2026-02-27	M	45,460	—	$0
2026-03-03	Crook Jody D.	Officer (CHIEF COMMERCIAL OFFICER)	2026-02-27	M	(4,546)	—	$-0
2026-03-03	Clark Moore	Officer (Executive VP)	2026-02-27	M	45,460	—	$0
2026-03-03	Clark Moore	Officer (Executive VP)	2026-02-27	M	(4,546)	—	$-0
2026-03-03	DUKES REAGAN TUCK	Officer (COO)	2026-02-27	C	95,460	—	$0
2026-03-03	DUKES REAGAN TUCK	Officer (COO)	2026-02-27	C	1,022,400	—	$0
2026-03-03	DUKES REAGAN TUCK	Officer (COO)	2026-02-27	C	(9,546)	—	$-0
2026-03-03	Long Robert Joseph	Officer (CFO and Treasurer)	2026-02-27	C	95,460	—	$0
2026-03-03	Long Robert Joseph	Officer (CFO and Treasurer)	2026-02-27	C	830,700	—	$0
2026-03-03	Long Robert Joseph	Officer (CFO and Treasurer)	2026-02-27	C	(9,546)	—	$-0
2026-03-03	Schick John Douglas	Director, Officer (President and CEO)	2026-02-27	M	454,550	—	$0
2026-03-03	Schick John Douglas	Director, Officer (President and CEO)	2026-02-27	M	(45,455)	—	$-0
2026-03-03	KUKES SIMON G	10% Owner	2026-02-27	M	28,018,140	—	$0
2026-03-03	KUKES SIMON G	10% Owner	2026-02-27	M	2,801,814	—	$0
2026-03-03	Juniper Capital III GP, L.P.	10% Owner	2026-02-27	C	62,793,710	—	$0
2026-03-03	Juniper Capital III GP, L.P.	10% Owner	2026-02-27	J	(154,600)	—	$-0
2026-03-03	Juniper Capital III GP, L.P.	10% Owner	2026-02-27	J	90,400	—	$0
2026-03-03	Juniper Capital III GP, L.P.	10% Owner	2026-02-27	C	(6,279,371)	—	$-0
2026-03-03	Juniper Capital II GP, L.P.	10% Owner	2026-02-27	C	37,658,222	—	$0
2026-03-03	Juniper Capital II GP, L.P.	10% Owner	2026-02-27	J	(3,235,117)	—	$-0
2026-03-03	Juniper Capital II GP, L.P.	10% Owner	2026-02-27	J	49,679	—	$0
2026-03-03	Juniper Capital II GP, L.P.	10% Owner	2026-02-27	C	(3,765,822)	—	$-0
2026-03-03	Juniper Capital IV GP, L.P.	10% Owner	2026-02-27	C	33,727,280	—	$0
2026-03-03	Juniper Capital IV GP, L.P.	10% Owner	2026-02-27	J	48,675	—	$0
2026-03-03	Juniper Capital IV GP, L.P.	10% Owner	2026-02-27	C	(3,372,728)	—	$-0
2026-03-03	Geiser Edward	Director, 10% Owner	2026-02-27	C	140,227,280	—	$0
2026-03-03	Geiser Edward	Director, 10% Owner	2026-02-27	J	(3,389,717)	—	$-0
2026-03-03	Geiser Edward	Director, 10% Owner	2026-02-27	A	197,482	—	$0
2026-03-03	Geiser Edward	Director, 10% Owner	2026-02-27	J	(197,482)	—	$-0
2026-03-03	Geiser Edward	Director, 10% Owner	2026-02-27	J	137,231,404	—	$0
2026-03-03	Geiser Edward	Director, 10% Owner	2026-02-27	C	(14,022,728)	—	$-0
2026-02-06	Howie John K	Director	2026-02-05	A	21,499	$0.58	$12,500
2026-01-27	Clark Moore	Officer (Executive VP)	2026-01-26	F	(61,771)	$0.59	-$36,630
2026-01-27	Schick John Douglas	Director, Officer (President and CEO)	2026-01-26	F	(76,132)	$0.59	-$45,146
2026-01-27	Crook Jody D.	Officer (CHIEF COMMERCIAL OFFICER)	2026-01-26	F	(6,919)	$0.59	-$4,103
2026-01-27	PINKSTON PAUL ANTHONY	Officer (CAO)	2026-01-26	F	(24,709)	$0.59	-$14,652
2026-01-27	Clark Moore	Officer (Executive VP)	2026-01-23	F	(41,181)	$0.58	-$23,885
2026-01-27	Schick John Douglas	Director, Officer (President and CEO)	2026-01-23	F	(34,592)	$0.58	-$20,063
2026-01-27	PINKSTON PAUL ANTHONY	Officer (CAO)	2026-01-23	F	(19,767)	$0.58	-$11,465
2025-12-04	Juniper Capital IV GP, L.P.	10% Owner	2025-11-13	J	48,398	—	$0
2025-11-25	Clark Moore	Officer (Executive VP)	2025-11-24	S	(58,333)	$0.46	-$26,588
2025-11-25	Schick John Douglas	Director, Officer (President and CEO)	2025-11-24	S	(66,666)	$0.46	-$30,400
2025-11-25	Crook Jody D.	Officer (CHIEF COMMERCIAL OFFICER)	2025-11-24	S	(34,314)	$0.46	-$15,651
2025-11-25	PINKSTON PAUL ANTHONY	Officer (CAO)	2025-11-24	S	(19,000)	$0.46	-$8,662
2025-11-17	Geiser Edward	10% Owner	2025-11-13	J	196,359	—	$0
2025-11-17	Juniper Capital II GP, L.P.	10% Owner	2025-11-13	J	49,396	—	$0
2025-11-17	Juniper Capital III GP, L.P.	10% Owner	2025-11-13	J	89,886	—	$0
2025-11-17	Schmidt Joshua	Director	2025-11-13	A	196,359	—	$0
2025-11-17	Schmidt Joshua	Director	2025-11-13	J	(196,359)	—	$-0
2025-11-14	Willsher Martyn	Director	2025-11-13	A	114,543	—	$0
2025-11-14	FRANKLIN KRISTEL MARY	Director	2025-11-13	A	114,543	—	$0
2025-11-10	KUKES SIMON G	Director, Officer (Executive Chairman), 10% Owner	2025-10-31	A	2,801,814	$5.50	$15,409,977
2025-11-04	Schick John Douglas	Director, Officer (President and CEO)	2025-10-31	A	2,000,000	—	$0
2025-11-04	Schick John Douglas	Director, Officer (President and CEO)	2025-10-31	A	45,455	$5.50	$250,002
2025-11-04	Crook Jody D.	Officer (CHIEF COMMERCIAL OFFICER)	2025-10-31	A	300,000	—	$0
2025-11-04	Crook Jody D.	Officer (CHIEF COMMERCIAL OFFICER)	2025-10-31	A	4,546	$5.50	$25,003
2025-11-04	SCELFO JOHN J	Director	2025-10-31	A	100,000	$5.50	$550,000
2025-11-04	Clark Moore	Officer (Executive VP)	2025-10-31	A	500,000	—	$0
2025-11-04	Clark Moore	Officer (Executive VP)	2025-10-31	A	4,546	$5.50	$25,003
2025-08-29	Evans Harold Douglas	Director	2025-08-28	A	140,000	—	$0
2025-08-29	KUKES SIMON G	Director, Officer (Executive Chairman), 10% Owner	2025-08-28	A	200,000	—	$0
2025-08-29	SCELFO JOHN J	Director	2025-08-28	A	200,000	—	$0
2025-02-10	Crook Jody D.	Officer (CHIEF COMMERCIAL OFFICER)	2025-01-23	A	294,118	—	$0
2025-01-27	PINKSTON PAUL ANTHONY	Officer (CAO and PFO and AO)	2025-01-27	S	(65,000)	$0.76	-$49,562
2025-01-27	Clark Moore	Officer (Executive VP)	2025-01-27	S	(125,000)	$0.76	-$95,212
2025-01-27	Schick John Douglas	Director, Officer (President and CEO)	2025-01-27	S	(120,000)	$0.76	-$91,260
2025-01-27	KUKES SIMON G	Director, Officer (Executive Chairman), 10% Owner	2025-01-23	A	350,000	—	$0
2025-01-27	Crook Jody D.	Officer (CHIEF COMMERCIAL OFFICER)	2025-01-23	A	350,000	—	$0
2025-01-27	PINKSTON PAUL ANTHONY	Officer (CAO and PFO and AO)	2025-01-23	S	(23,000)	$0.85	-$19,656
2025-01-27	PINKSTON PAUL ANTHONY	Officer (CAO and PFO and AO)	2025-01-23	A	190,000	—	$0
2025-01-27	Clark Moore	Officer (Executive VP)	2025-01-23	S	(50,000)	$0.86	-$42,755
2025-01-27	Clark Moore	Officer (Executive VP)	2025-01-23	A	350,000	—	$0
2025-01-27	Schick John Douglas	Director, Officer (President and CEO)	2025-01-23	S	(58,334)	$0.86	-$49,922
2025-01-27	Schick John Douglas	Director, Officer (President and CEO)	2025-01-23	A	500,000	—	$0
2024-12-31	PINKSTON PAUL ANTHONY	Officer (CAO and PFO and AO)	2024-12-27	S	(35,000)	$0.74	-$25,764