PEDEVCO CORP (PED) Form 10-Q — Aug 13, 2026
PEDEVCO swung to Q2 2026 net income of $17.5 million, or $1.31 per share, on oil and gas revenue of $46.1 million — up 561% from $7.0 million a year earlier — driven primarily by the October 2025 acquisitions of North Peak and Century and realized oil prices of $94.07 per barrel. The company ended the quarter with $10.8 million in cash and $85 million drawn on its Citibank-agented revolver, whose borrowing base was raised to $125 million in May 2026, while guiding 2026 net capex to $16-20 million, roughly 90% aimed at the D-J Basin.
Key figures
- Eps
- 1.31
- Revenue
- 46113000
- Guidance
- 2026 net capital expenditures estimated at $16 million to $20 million, with ~90% allocated to the D-J Basin
- Net Income
- 17454000
- Total Debt
- 85000000
- Revenue Yoy
- 561%
- Total Assets
- 359699000
- Cash Position
- 10805000
- Interest Rate
- 4.6% effective per annum (six months ended June 30, 2026)
- Maturity Date
- October 31, 2029
- Shares Outstanding
- 13290902
- Borrowing base
- 125000000
- Q2 production boe
- 618912
- Six month revenue
- 86335000
- Q2 production boepd
- 6801
- Reverse split ratio
- 1-for-20
- Shareholders equity
- 200051000
- Q2 derivative income
- 5014000
- Impairment six months
- 2422000
- Realized oil price q2
- $94.07/Bbl
- Six month interest expense
- 3968000
- Six month operating cash flow
- 25873000
Price after filing
Close on the filing date to close N calendar days later (from $12.05). Historical, not a forecast.
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