20 May 2025quarterly activities report● Neutral
PEDEVCO published an updated company presentation on its website on May 20, 2025, and furnished it with an 8-K. The filing itself reported no new financial results.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 May 2025quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $8.7 million and net income of $140 thousand for the period ended 2025-03-31.
15 May 2025quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $8.7 million and net income of $140 thousand for the period ended 2025-03-31.
12 May 2025quarterly activities report● Neutral
PEDEVCO filed Amendment No. 1 to its 10-Q for the quarter ended September 30, 2024, solely to add required XBRL tagging to Part II, Item 5. No financial results were changed.
12 May 2025quarterly activities report● Neutral
PEDEVCO filed an amendment to its 10-Q for the quarter ended June 30, 2024, solely to add missing XBRL tagging to Part II, Item 5. It contained no new financial results.
12 May 2025quarterly activities report● Neutral
PEDEVCO filed an amendment to its 10-Q for the quarter ended March 31, 2024, solely to add missing XBRL tagging to Part II, Item 5. It contained no new financial results.
31 Mar 2025financial restatement▼ BadMajor
PEDEVCO restated its audited FY2023 and FY2022 financials after finding depletion-expense accounting errors that had overstated depreciation/depletion/amortization by about $1.4 million and $1.25 million respectively - the second restatement in under two years, with no cash or liquidity impact.
31 Mar 2025quarterly activities report● Neutral
PEDEVCO reported 2024 revenue of $39.6 million, up 28%, and net income of $17.8 million, or $0.20 per share, including a $12.8 million tax benefit. It ended the year with zero debt and $6.6 million of cash.
11 Mar 2025production update▲ Good
PEDEVCO finished drilling four gross (two net) horizontal San Andres wells in its Chaveroo Field, saying they were drilled on time and under budget. It planned to complete them in early Q2 2025, with first production expected in mid-Q2 2025.
10 Feb 2025director interest notice● Neutral
PEDEVCO CORP CHIEF COMMERCIAL OFFICER Jody D. Crook received 294,118 shares as part of the equity award.
27 Jan 2025director interest notice● Neutral
PEDEVCO CORP CHIEF COMMERCIAL OFFICER Jody D. Crook received 350,000 shares as part of the equity award.
27 Jan 2025substantial holder notice● Neutral
Dr. Simon Kukes, PEDEVCO's Executive Chairman, and his SGK 2018 Revocable Trust filed Amendment No. 12 to their Schedule 13D after he was granted 350,000 restricted shares on January 23, 2025. Together they beneficially own about 59.7 million shares, or 65.4%.
27 Jan 2025director interest notice● Neutral
PEDEVCO CORP President and CEO John Douglas Schick acquired 500,000 shares and disposed of 178,334 in a set of related equity transactions.
27 Jan 2025director interest notice● Neutral
PEDEVCO CORP Executive Chairman Simon G Kukes received 350,000 shares as part of the equity award.
27 Jan 2025director interest notice● Neutral
PEDEVCO CORP Executive VP Moore Clark acquired 350,000 shares and disposed of 175,000 in a set of related equity transactions.
27 Jan 2025director interest notice● Neutral
PEDEVCO CORP CAO and PFO and AO Paul Anthony Pinkston acquired 190,000 shares and disposed of 88,000 in a set of related equity transactions.
2 Jan 2025director interest notice● Neutral
Jody D. Crook became a PEDEVCO CORP CHIEF COMMERCIAL OFFICER and company insider (initial ownership filing).
31 Dec 2024director interest notice● Neutral
PEDEVCO CORP CAO and PFO and AO Paul Anthony Pinkston sold 35,000 shares at $0.74.
20 Dec 2024material agreement▲ Good
PEDEVCO signed a sales agreement with Roth Capital Partners and A.G.P./Alliance Global Partners to sell up to $8 million of common stock through at-the-market offerings. The agents will earn a 3% commission, and the company is not obliged to sell any shares.
20 Dec 2024securities registration● Neutral
PEDEVCO CORP filed a prospectus supplement for an offering off its existing shelf.
14 Nov 2024quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $9.1 million and net income of $2.9 million for the period ended 2024-09-30.
14 Nov 2024quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $9.1 million and net income of $2.9 million for the period ended 2024-09-30.
12 Sept 2024security holder rights change▲ GoodMajor
PEDEVCO secured its first conventional bank credit line: a four-year senior secured revolving facility from Citibank with an initial $20 million borrowing base (up to $250 million maximum), secured by nearly all company assets - a marked upgrade from the high-cost private note financing (RJ Credit and similar lenders) that had constrained the company for a decade.
11 Sept 2024securities registration● Neutral
PEDEVCO CORP registered a securities offering with the SEC using its shelf eligibility.
30 Aug 2024director interest notice● Neutral
PEDEVCO CORP insider Harold Douglas Evans received 85,000 shares as part of the equity award.
30 Aug 2024director interest notice● Neutral
PEDEVCO CORP insider John J Scelfo received 125,000 shares as part of the equity award.
14 Aug 2024quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $11.8 million and net income of $2.7 million for the period ended 2024-06-30.
14 Aug 2024quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $11.8 million and net income of $2.7 million for the period ended 2024-06-30.
15 May 2024quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $8.1 million and net income of $773 thousand for the period ended 2024-03-31.
15 May 2024quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $8.1 million and net income of $773 thousand for the period ended 2024-03-31.