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Companies / Energy / PEDEVCO CORP
PED

PEDEVCO CORP

EnergyOil & Gas Extraction
Ticker PEDHOUSTON, TXFiscal year ends DecemberBook value per share $18.84Diluted shares 10.6M

PEDEVCO Corp. (NYSE American: PED) is an independent oil and gas exploration and production company focused on the acquisition, development, and optimization of conventional oil and natural gas assets in the United States. The company operates primarily in three core regions: the Denver-Julesberg Basin in Colorado and… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$45.75M
+15.7% year over year
Last 12 mo $116.38M
-17.17%
−29.1 percentage points
Last 12 mo 14.01%
$-10.36M
−184.3% year over year
Last 12 mo $-17.00M
-5.00%
−15.6 percentage points
Last 12 mo -8.50%
Cash & financing
$10.76M
−15.7% year over year
Last 12 mo $31.12M
$10.76M
−14.6% year over year
Last 12 mo $31.12M
0.42
Last 12 mo 0.42
4.6M
−94.8% year over year
Last 12 mo 10.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What PEDEVCO CORP does

In the company’s own words

PEDEVCO Corp. (NYSE American: PED) is an independent oil and gas exploration and production company focused on the acquisition, development, and optimization of conventional oil and natural gas assets in the United States. The company operates primarily in three core regions: the Denver-Julesberg Basin in Colorado and Wyoming, the Powder River Basin in Wyoming, and the San Andres formation of the Permian Basin in West Texas and eastern New Mexico.

As of December 31, 2025, PEDEVCO held approximately 99,561 net acres in the Denver-Julesberg Basin, 201,886 net acres in the Powder River Basin, and 14,105 net acres in the Permian Basin. The company's asset base includes interests in 378 gross wells across all three regions, comprising producing wells, injection wells, saltwater disposal wells, and drilled but uncompleted wells. The company operates a significant portion of its acreage directly through wholly-owned subsidiaries including Red Hawk Petroleum, North Silo Resources, and Longs Peak Resources.

PEDEVCO's business strategy centers on applying modern drilling and completion techniques to legacy proven properties with long production histories and well-defined geology. The company emphasizes horizontal development, optimization of well density and configuration, and leveraging existing infrastructure to maximize returns. The company maintains operational control or significant working interests in the majority of its acreage to dictate development pace and execution.

In October 2025, PEDEVCO completed a transformational merger with North Peak Oil & Gas and Century Oil and Gas Sub-Holdings, substantially expanding its asset base and production capacity. The company funded this transaction through a combination of equity financing and debt, including a $120 million initial borrowing base under an amended and restated credit agreement with Citibank.

PEDEVCO's management team brings extensive experience in sourcing, evaluating, and executing acquisition opportunities in oil and gas exploration and production. The company maintains a disciplined financial approach designed to preserve flexibility across commodity and market cycles while pursuing both organic growth through development of existing acreage and external growth through strategic acquisitions. The company's 2026 capital expenditure program is estimated between $16 million to $20 million, focused primarily on drilling, completions, and optimization projects across its asset portfolio.

Company details
Sector
Energy
Industry
Oil & Gas Extraction
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
1141197
SIC
1311

Financial performance, year by year

Fiscal 2013–2025 · USD
$-51.64M$-5.82M$40.00M$85.83M$131.65M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns PEDEVCO CORP — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

26
funds hold it
0 of 35
superinvestors hold it
$2.78M
held by funds, at market
1.6%
of shares held by funds

Largest fund holders · PEDEVCO CORP’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Ultra-Small Company Market Fund
BRSIX · Bridgeway Funds, Inc.
0.07%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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