Pedevco (PED) Expected to Release Quarterly Earnings on Thursday

Pedevco (NYSEAMERICAN:PEDGet Free Report) is expected to post its Q2 2026 results after the market closes on Thursday, August 13th. Analysts expect the company to post earnings of $0.36 per share and revenue of $38.00 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 13, 2026 at 5:00 PM ET.

Pedevco (NYSEAMERICAN:PEDGet Free Report) last posted its earnings results on Thursday, May 14th. The company reported ($3.28) earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($3.90). The business had revenue of $40.22 million for the quarter, compared to the consensus estimate of $37.65 million. Pedevco had a negative return on equity of 3.20% and a negative net margin of 46.78%. On average, analysts expect Pedevco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Pedevco Price Performance

PED stock opened at $11.39 on Wednesday. The company has a fifty day moving average price of $12.16 and a 200-day moving average price of $13.61. The company has a market capitalization of $151.37 million, a P/E ratio of 379.79 and a beta of 0.23. Pedevco has a 52-week low of $8.64 and a 52-week high of $18.89. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.67 and a current ratio of 0.68.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on Pedevco

Insider Buying and Selling

In other news, VP Moore Clark sold 18,797 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $14.67, for a total value of $275,751.99. Following the transaction, the vice president owned 54,428 shares in the company, valued at approximately $798,458.76. The trade was a 25.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Martyn Willsher acquired 13,428 shares of Pedevco stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average cost of $14.29 per share, for a total transaction of $191,886.12. Following the completion of the purchase, the director owned 25,727 shares in the company, valued at approximately $367,638.83. The trade was a 109.18% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 54.90% of the company’s stock.

Pedevco Company Profile

(Get Free Report)

Pedevco Corp is an independent oil and gas exploration and production company incorporated in Delaware and listed on the NYSE American under the ticker symbol PED. The firm focuses on acquiring, developing and producing hydrocarbon assets, with a strategic emphasis on shallow water and onshore properties in Trinidad and Tobago. Since its listing, Pedevco has pursued opportunities to expand reserves through targeted exploration and development projects in one of the Caribbean’s most prolific hydrocarbon-producing regions.

The company’s portfolio centers on two primary concession areas in Trinidad and Tobago: the O-55 shallow water offshore block and the onshore Block 3(a) license.

Read More

Earnings History for Pedevco (NYSEAMERICAN:PED)

Receive News & Ratings for Pedevco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pedevco and related companies with MarketBeat.com's FREE daily email newsletter.