Pedevco (PED) Set to Post Earnings on Thursday

Pedevco (NYSEAMERICAN:PED – Get Free Report) is projected to release its Q3 2026 results after the market closes on Thursday, November 12th. Analysts expect Pedevco to announce earnings of $0.18 per share and revenue of $31.05 million for the quarter. Investors can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 12, 2026 at 4:30 PM ET.

Pedevco (NYSEAMERICAN:PED – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $0.36 by $0.95. The business had revenue of $46.11 million during the quarter, compared to analyst estimates of $38.00 million. Pedevco had a negative net margin of 14.61% and a positive return on equity of 0.67%. On average, analysts expect Pedevco to post $0.82 EPS for the current fiscal year and $1.19 EPS for the next fiscal year.

Pedevco Stock Performance

Pedevco stock opened at $14.51 on Tuesday. Pedevco has a fifty-two week low of $8.64 and a fifty-two week high of $18.89. The stock’s 50 day simple moving average is $14.22 and its two-hundred day simple moving average is $13.71. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market cap of $192.84 million, a price-to-earnings ratio of 483.83 and a beta of 0.32.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Pedevco from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Read Our Latest Research Report on PED

Insider Activity

In related news, VP Moore Clark sold 5,277 shares of Pedevco stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $12.53, for a total transaction of $66,120.81. Following the completion of the transaction, the vice president directly owned 45,385 shares of the company’s stock, valued at $568,674.05. This trade represents a 10.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Simon G. Kukes acquired 147,070 shares of the company’s stock in a transaction that occurred on Thursday, October 8th. The shares were acquired at an average cost of $13.00 per share, for a total transaction of $1,911,910.00. Following the purchase, the insider directly owned 4,137,543 shares of the company’s stock, valued at $53,788,059. This represents a 3.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders sold 10,260 shares of company stock valued at $129,417. 54.90% of the stock is owned by company insiders.

About Pedevco

(Get Free Report)

PEDEVCO Corp. (NYSE American: PED) is an independent energy company engaged in the acquisition, development and production of oil and natural gas properties in the United States. Its operations are focused on onshore assets, with production consisting primarily of crude oil, natural gas and natural gas liquids.

The company has historically pursued opportunities in the Permian Basin of New Mexico and the Denver-Julesburg Basin in Colorado. PEDEVCO has used acquisitions, drilling and development activities to build its portfolio of producing and prospective properties in these regions.

PEDEVCO was formerly known as Pacific Energy Development Corporation and adopted its current name in 2018.

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Earnings History for Pedevco (NYSEAMERICAN:PED)

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