PEDEVCO CORP PED

Energy SIC 1311 - Crude Petroleum & Natural Gas NAICS Mining, Quarrying, and Oil and Gas Extraction › Oil and Gas Extraction derived NYSE

We were originally incorporated in September 2000 as Rocker & Spike Entertainment, Inc. In January 2001 we changed our name to Reconstruction Data Group, Inc., and in April 2003 we changed our name to Verdisys, Inc. and were engaged in the business of providing satellite services to agribusiness. In June 2005, we changed our name to Blast Energy Services, Inc. ("Blast") to reflect our new focus on the energy services business, and in 2010 we changed the direction of the Company to focus on the acquisition of oil and gas producing properties.

On July 27, 2012, we acquired, through a reverse acquisition, Pacific Energy Development Corp., a privately held Nevada corporation, which we refer to as Pacific Energy Development. As described below, pursuant to the acquisition, the stockholders of Pacific Energy Development gained control of approximately 95% of the then voting securities of our company. Since the transaction resulted in a change of control, Pacific Energy Development was the acquirer for accounting purposes. In connection with the merger, which we refer to as the Pacific Energy Development merger, Pacific Energy Development became our wholly-owned subsidiary and we changed our name from Blast Energy Services, Inc. to PEDEVCO Corp. Following the merger, we refocused our business plan on the acquisition, exploration, development and production of oil and natural gas resources in the United States.

Last close 14.93 2026-10-23
Market cap $198.4M 2026-06-30 share count
52-week range 8.64 - 18.89

Valuation FY2025 figures against the last close

P/S4.3x
P/E—
P/FCF18.4x
EV/EBITDA—
Dividend yield—
Diluted EPS-2.25

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $45.8M$39.6M$30.8M$30.8M$15.9M$8.1M$13.0M$4.5M$3.0M—
SG&A $16.8M$6.4M$6.0M$5.9M$6.2M$6.7M$5.8M$4.1M$2.5M$3.9M
Total operating expenses $54.8M$34.8M$25.3M$27.4M$19.5M$41.9M$24.2M$13.5M$26.6M$9.6M
Operating income -$7.9M$4.7M$1.2M$2.6M-$1.9M-$33.8M-$10.2M-$9.0M-$23.6M-$5.7M
Interest expense $1.4M$0—$0$1.0K$2.0K$824.0K$7.7M$12.8M$14.0M
Pre-tax income -$2.3M$5.0M$1.7M—-$1.3M-$32.7M————
Income tax $8.1M$7.3M$0—$0$0————
Net income -$10.4M$12.3M$1.7M$2.8M-$1.3M-$32.7M-$11.1M$53.6M-$36.4M-$19.6M
EPS, basic -2.252.760.020.03-0.02-0.45-0.224.80-6.22—
EPS, diluted -2.252.760.020.03-0.02-0.45-0.224.74-6.22-4.02
Shares, diluted (wtd. avg.) 4.6M4.5M87.0M85.5M80.0M45051.2M11.3M5.8M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $3.2M$4.0M$20.7M$33.0M$29.2M$11.3M$25.7M$5.8M$917.0K$659.0K
Receivables $0$293.0K$42.0K$0——————
Inventory $61.0K$0————————
Total current assets $37.8M$13.2M$24.6M$32.1M$28.0M$8.8M$27.1M$6.8M$1.4M$1.3M
Total assets $375.9M$128.3M$122.7M$116.1M$98.2M$79.6M$122.9M$67.5M$36.4M$58.8M
Accounts payable $32.4M$2.6M$6.6M$1.6M$2.6M$212.0K$12.1M$4.5M$101.0K$103.0K
Total current liabilities $64.5M$6.9M$18.9M$17.0M$5.2M$2.0M$15.2M$8.8M$3.4M$3.3M
Long-term debt ——————$0$7.7M——
Total liabilities $168.5M$12.7M$21.3M$19.7M$6.7M$3.9M$15.2M$50.6M$73.5M$60.7M
Retained earnings -$121.9M-$111.5M-$123.8M-$126.7M-$129.6M-$128.3M-$95.6M-$84.5M-$138.1M-$101.7M
Total equity $207.4M$115.6M$101.5M$97.7M$91.5M$75.6M$105.5M$17.0M-$37.1M-$2.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $10.8M$12.8M$23.5M$16.0M$6.0M$12.0K$1.7M-$1.5M-$236.0K-$6.0M
Depreciation and amortisation ——$10.9M$11.2M$7.4M$11.3M$11.0M$7.3M$3.8M$5.1M
Stock-based compensation $2.8M$1.9M$2.0M$2.1M$2.5M$2.8M$1.6M$862.0K$655.0K$1.5M
Capital expenditure ——$45.0K$0———$3.3M$0—
Investing cash flow -$133.2M-$26.9M-$35.7M-$12.3M-$2.8M-$14.8M-$39.7M-$23.1M$0-$75.0K
Financing cash flow $122.1M$0$0$35.0K$14.7M$370.0K$58.0M$29.5M$494.0K$5.6M
Buybacks ————————$0$74.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001654954-26-003098.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -50M -25M 0 25M 50M 75M Net income, FY2016: -19.6M Revenue, FY2017: 3M Net income, FY2017: -36.4M Revenue, FY2018: 4.5M Net income, FY2018: 53.6M Revenue, FY2019: 13M Net income, FY2019: -11.1M Revenue, FY2020: 8.1M Net income, FY2020: -32.7M Revenue, FY2021: 15.9M Net income, FY2021: -1.3M Revenue, FY2022: 30.8M Net income, FY2022: 2.8M Revenue, FY2023: 30.8M Net income, FY2023: 1.7M Revenue, FY2024: 39.6M Net income, FY2024: 12.3M Revenue, FY2025: 45.8M Net income, FY2025: -10.4M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $3.0M $4.5M $13.0M $8.1M $15.9M $30.8M $30.8M $39.6M $45.8M
Gross profit — — — — — — — — — —
Net income -$19.6M -$36.4M $53.6M -$11.1M -$32.7M -$1.3M $2.8M $1.7M $12.3M -$10.4M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Results announced Item 2.02
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 1311

TickerCompanyMarket capP/ERevenue growth
EOG EOG RESOURCES INC $85.51B 17.9x -4.5%
OXY OCCIDENTAL PETROLEUM CORP /DE/ $64.15B 39.9x -5.0%
FANG Diamondback Energy, Inc. $57.62B 35.9x 35.8%
DVN DEVON ENERGY CORP/DE $56.53B 12.3x 5.4%
EQT EQT Corp $34.80B 16.8x 63.9%
EXE EXPAND ENERGY Corp $22.30B 12.3x 186.3%
PR Permian Resources Corp $21.35B 19.9x 1.3%
OVV Ovintiv Inc. $19.91B 15.1x -3.1%