PEDEVCO 10-K: Revenue $45.8M, EPS $(2.25)

NodeGuardian · 2026-04-09T10:26:33+00:00

PEDEVCO's revenues rose 16% to $45.8 million, fueled by higher volumes, but the company faced a net loss of $10.4 million due to merger expenses. Increased operating costs and integration activities led to an operating income loss despite production growth.

NodeGuardian

2026-04-09 10:26:33

Abstract generation in progress

PEDEVCO reported an increase in oil, gas, and NGL revenues to $45.8 million, up 16%, driven by higher volumes. However, the company recorded a net loss of $10.4 million, or $(2.25) per share, due to merger-related expenses and other non-operating charges. Despite production expansion and growth in proved reserves, operating income swung to a loss, largely impacted by integration activities and increased operating costs.

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