Pedevco (PED) Projected to Release Quarterly Earnings on Thursday

Pedevco (NYSEAMERICAN:PED) is expected to announce 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. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 12, 2026 at 4:30 PM ET.

Pedevco (NYSEAMERICAN:PED) last issued its quarterly earnings results on Thursday, August 13th. The company reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.95. Pedevco had a negative net margin of 14.61% and a positive return on equity of 0.67%. The business had revenue of $46.11 million during the quarter, compared to analyst estimates of $38.00 million. 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 $15.14 on Thursday. The company has a market cap of $201.21 million, a PE ratio of 504.83 and a beta of 0.32. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.42. Pedevco has a 1 year low of $8.64 and a 1 year high of $18.89. The company’s 50-day moving average is $14.14 and its two-hundred day moving average is $13.66.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Pedevco from a “strong sell” rating to a “hold” rating in a research 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. According to MarketBeat, the company presently has a consensus rating of “Buy”.

Insider Transactions at Pedevco

In other Pedevco news, major shareholder Simon G. Kukes purchased 147,070 shares of Pedevco stock in a transaction that occurred on Thursday, October 8th. The stock was acquired at an average price of $13.00 per share, for a total transaction of $1,911,910.00. Following the completion of the acquisition, the insider owned 4,137,543 shares of the company’s stock, valued at approximately $53,788,059. This trade represents a 3.69% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Moore Clark sold 5,277 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $12.53, for a total value of $66,120.81. Following the completion of the sale, the vice president owned 45,385 shares in the company, valued at $568,674.05. This represents a 10.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 10,260 shares of company stock valued at $129,417. Insiders own 54.90% of the company’s stock.

About Pedevco

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.