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 | $12.68 |
| SO | 13.3M |
| Options | 0.1M |
| Warrants | 0.2M |
| FD SO | 13.5M |
| MC | $171.7M |
| Cash | $7.7M |
| Total debt | — |
| EV | $164.0M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 2.4x |
| EV / EBITDA | 6.4x |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 53.4% |
| Insiders | 37.2% |
| # Institutions | 19 |
| Analysts | 1 |
| Consensus | — |
| Avg target | $18.00 |
| Short % float | 7.6% |
| Days to cover | 2.10 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-13. 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 2026-07-13 — 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 2026-06-29; the float denominator can be unreliable on tiny floats.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 40.22 | 14.20 | 6.96 | 6.97 |
| Revenue YoY % | 360.4% | 34.3% | (23.1%) | (41.0%) |
| Cost of Revenue | — | 7.60 | — | — |
| Gross Profit | 9.81 | 6.60 | 0.69 | — |
| Gross Profit YoY % | 461.9% | 711.8% | (83.4%) | — |
| Gross Margin % | 24.4% | 46.5% | 9.9% | — |
| SG&A | 3.11 | 11.97 | 1.52 | 1.69 |
| Operating Expense | — | 11.53 | — | — |
| Operating Income | 6.70 | (4.93) | (0.83) | (2.24) |
| Operating Income YoY % | 4368.7% | (263.1%) | (129.5%) | (185.1%) |
| Operating Margin % | 16.7% | (34.7%) | (12.0%) | (32.2%) |
| EBITDA | 19.15 | 1.87 | 3.18 | 1.61 |
| EBITDA Margin % | 47.6% | 13.2% | 45.6% | 23.1% |
| Interest Expense | 2.00 | 1.30 | 0.10 | — |
| Other Income / (Expense) | (31.20) | 6.36 | — | — |
| Pretax Income | (26.50) | 0.13 | (0.49) | (2.17) |
| Tax Provision | (0.87) | 8.63 | (0.16) | (0.49) |
| Net Income | (25.63) | (8.50) | (0.33) | (1.68) |
| Net Margin % | (63.7%) | (59.9%) | (4.7%) | (24.0%) |
| Diluted EPS | -$3.28 | -$2.23 | $0.00 | -$0.02 |
| Basic EPS | -$3.28 | -$2.23 | $0.00 | -$0.02 |
| Diluted Avg Shares | 7.8 | — | 92.2 | 91.4 |
| Basic Avg Shares | 7.8 | — | 92.2 | 91.4 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 68.36 | 45.75 | 39.55 | 30.78 | 30.03 |
| Revenue YoY % | 49.4% | 15.7% | 28.5% | 2.5% | — |
| Gross Profit | 17.00 | 8.93 | 11.11 | 7.25 | 8.48 |
| Gross Profit YoY % | 90.3% | (19.6%) | 53.3% | (14.6%) | — |
| Gross Margin % | 24.9% | 19.5% | 28.1% | 23.5% | 28.2% |
| SG&A | 18.30 | 16.79 | 6.39 | 6.01 | 5.85 |
| Operating Income | (1.30) | (7.86) | 4.72 | 1.24 | 2.63 |
| Operating Income YoY % | 83.4% | (266.5%) | 281.3% | (53.0%) | — |
| Operating Margin % | (1.9%) | (17.2%) | 11.9% | 4.0% | 8.8% |
| EBITDA | 25.81 | 10.15 | 20.64 | 12.11 | 13.78 |
| EBITDA Margin % | 37.8% | 22.2% | 52.2% | 39.3% | 45.9% |
| Interest Expense | 3.40 | 1.41 | 0.00 | — | 0.00 |
| Other Income / (Expense) | (24.31) | 6.96 | — | — | — |
| Pretax Income | (29.02) | (2.31) | 5.04 | 1.70 | 2.84 |
| Tax Provision | 7.11 | 8.05 | (7.25) | 0.00 | — |
| Net Income | (36.13) | (10.36) | 12.29 | 1.70 | 2.84 |
| Net Margin % | (52.9%) | (22.6%) | 31.1% | 5.5% | 9.5% |
| Diluted EPS | -$5.53 | -$2.25 | $2.76 | $0.02 | $0.03 |
| Basic EPS | -$5.53 | -$2.25 | $2.76 | $0.02 | $0.03 |
| Diluted Avg Shares | 7.8 | 4.6 | 4.5 | 87.0 | 85.5 |
| Basic Avg Shares | 7.8 | 4.6 | 4.5 | 87.0 | 85.5 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 7.70 | 3.22 | 10.92 | 8.47 |
| Receivables | 27.41 | 25.67 | 0.00 | 0.00 |
| Inventory | 0.14 | 0.06 | — | — |
| Other Current Assets | 7.28 | 8.80 | 5.23 | 9.12 |
| Total Current Assets | 42.53 | 37.75 | 16.15 | 17.59 |
| Net PPE | 301.52 | 303.41 | — | 107.83 |
| Operating Lease ROU | 0.17 | 0.21 | 0.26 | 0.30 |
| Other Assets | 25.86 | 34.49 | 119.48 | 11.10 |
| Total Assets | 370.08 | 375.87 | 135.89 | 136.82 |
| Accounts Payable | 9.92 | 32.44 | 10.29 | 5.78 |
| Current Lease Liabilities | 0.17 | 0.18 | 0.18 | 0.17 |
| Other Current Liabilities | 52.87 | 31.86 | 4.16 | 4.61 |
| Total Current Liabilities | 62.96 | 64.48 | 14.64 | 10.56 |
| Long-term Lease Liabilities | 0.00 | 0.03 | 0.08 | 0.12 |
| Other Liabilities | 124.94 | 104.00 | 5.80 | 5.48 |
| Total Liabilities | 187.90 | 168.50 | 20.52 | 16.17 |
| Retained Earnings | (147.49) | (121.86) | (113.36) | (107.54) |
| Total Equity | 182.19 | 207.36 | 115.37 | 120.65 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 7.70 | 3.22 | 4.01 | 18.52 | 29.43 |
| Receivables | 27.41 | 25.67 | 0.29 | 0.04 | 0.00 |
| Inventory | 0.14 | 0.06 | 0.00 | — | — |
| Other Current Assets | 7.28 | 8.80 | 8.91 | 6.05 | 2.68 |
| Total Current Assets | 42.53 | 37.75 | 13.21 | 24.61 | 32.11 |
| Net PPE | 301.52 | 303.41 | 103.51 | 94.28 | 81.40 |
| Operating Lease ROU | 0.17 | 0.21 | 0.22 | 0.32 | 0.07 |
| Other Assets | 25.86 | 34.49 | 11.40 | 3.54 | 2.53 |
| Total Assets | 370.08 | 375.87 | 128.35 | 122.74 | 116.11 |
| Accounts Payable | 9.92 | 32.44 | 2.62 | 6.58 | 1.56 |
| Current Lease Liabilities | 0.17 | 0.18 | 0.10 | 0.09 | 0.08 |
| Other Current Liabilities | 52.87 | 31.86 | 4.18 | 12.23 | 15.32 |
| Total Current Liabilities | 62.96 | 64.48 | 6.91 | 18.90 | 16.96 |
| Long-term Lease Liabilities | 0.00 | 0.03 | 0.13 | 0.23 | 0.00 |
| Other Liabilities | 124.94 | 104.00 | 5.71 | 2.17 | 2.69 |
| Total Liabilities | 187.90 | 168.50 | 12.74 | 21.29 | 19.65 |
| Retained Earnings | (147.49) | (121.86) | (111.50) | (123.79) | (126.74) |
| Total Equity | 182.19 | 207.36 | 115.60 | 101.45 | 96.46 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | (25.63) | (8.50) | (0.33) | (1.68) |
| D&A | 12.45 | 6.80 | 4.01 | 3.86 |
| Stock-Based Comp | 0.49 | — | 0.54 | 0.47 |
| Δ Working Cap & Other | 23.22 | (0.44) | 3.17 | (3.08) |
| Operating Cash Flow | 10.54 | (2.15) | 7.40 | (0.42) |
| Other Investing | (16.48) | (127.20) | (4.94) | (1.67) |
| Investing Cash Flow | (16.48) | (127.20) | (4.94) | (1.67) |
| Debt Issuance | 11.00 | — | — | — |
| Stock Issuance | — | 0.00 | 0.00 | — |
| Other Financing | — | 122.00 | — | — |
| Financing Cash Flow | 10.96 | 122.00 | 0.00 | 0.14 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | (36.13) | (10.36) | 12.29 | 1.70 | 2.84 |
| D&A | 27.11 | 18.01 | 15.92 | 10.88 | 11.15 |
| Stock-Based Comp | 2.78 | 2.76 | 1.86 | 2.04 | 2.10 |
| Δ Working Cap & Other | 21.60 | 0.35 | (17.31) | 8.86 | (0.11) |
| Operating Cash Flow | 15.37 | 10.76 | 12.77 | 23.48 | 15.98 |
| CapEx | — | — | — | (0.04) | 0.00 |
| Other Investing | (150.28) | (133.18) | (26.87) | (35.70) | (12.27) |
| Investing Cash Flow | (150.28) | (133.18) | (26.87) | (35.74) | (12.27) |
| Stock Issuance | — | 0.14 | 0.00 | 0.00 | 0.04 |
| Other Financing | 133.09 | 122.00 | — | — | — |
| Financing Cash Flow | 133.09 | 122.14 | 0.00 | 0.00 | 0.04 |
| Free Cash Flow | — | — | — | 23.44 | 15.98 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | 0.68 | 0.59 | 1.10 | 1.67 |
| Quick Ratio | 0.67 | 0.58 | — | — |
| Debt / Equity | 1.03 | 0.81 | 0.18 | 0.13 |
| EBITDA Margin % | 47.6% | 13.2% | 45.6% | 23.1% |
| Working Capital | (20.43) | (26.73) | 1.52 | 7.03 |
| Net Debt | — | — | — | — |
| ROE % | (14.1%) | (4.1%) | (0.3%) | (1.4%) |
| ROA % | (6.9%) | (2.3%) | (0.2%) | (1.2%) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | 0.68 | 0.59 | 1.91 | 1.30 | 1.89 |
| Quick Ratio | 0.67 | 0.58 | 1.91 | — | — |
| Debt / Equity | 1.03 | 0.81 | 0.11 | 0.21 | 0.20 |
| EBITDA Margin % | 37.8% | 22.2% | 52.2% | 39.3% | 45.9% |
| Working Capital | (20.43) | (26.73) | 6.31 | 5.71 | 15.15 |
| Net Debt | — | — | — | — | — |
| ROE % | (19.8%) | (5.0%) | 10.6% | 1.7% | 2.9% |
| ROA % | (9.8%) | (2.8%) | 9.6% | 1.4% | 2.4% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-05-27 | 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 |
| 2024-08-30 | SCELFO JOHN J | Director | 2024-08-29 | A | 125,000 | — | $0 |
| 2024-08-30 | Evans Harold Douglas | Director | 2024-08-29 | A | 85,000 | — | $0 |