PEDEVCO (PED) News & Sentiment

HOUSTON, TX / ACCESS Newswire / March 10, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that the Company is scheduled to participate in the 37th Annual ROTH Conference to be held at the Laguna Cliffs Marriott Resort & Spa located in Dana Point, California on March 16-18, 2025. J. Douglas Schick, President and Chief Executive Officer of the Company, will host one-on-one meetings with investors.

HOUSTON, TX / ACCESS Newswire / March 3, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that it has entered into a joint development agreement ("Agreement") with a large, Denver, Colorado-based private equity-backed D-J Basin E&P Company with extensive operational experience ("Operator"), pursuant to which the companies have agreed to jointly participate in the expansion and development of the Company's Roth and Amber DSUs located in Weld County, Colorado. Pursuant to the Agreement, in exchange for the Operator's payment to the Company of approximately $1.7 million, the Company agreed to submit to the Colorado Energy and Carbon Management Commission (the "ECMC") spacing applications to amend the Company's existing Roth and Amber DSUs to increase each of their sizes from ~1,280 acres to ~1,600 acres, transfer operatorship of the DSUs to the Operator, and jointly participate in the development of the Roth DSU with each party having not less than a 40% working interest.

Oil States International, PEDEVCO, and Kodiak Gas Services are included in the Zacks Industry Outlook report.

Positive developments in upstream activities are increasing the need for drilling and production equipment, improving the prospects for the Zacks Oil and Gas-Mechanical and Equipment sector. Key players in this industry include Oil States (OIS), Profire Energy (PFIE), and PEDEVCO (PED).

Pedevco Corp. (PED) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.01 per share a year ago.

HOUSTON, TX / ACCESSWIRE / November 14, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three and nine months ended September 30, 2024, and provided an operations update. Key Financial and Operational Highlights Include: Produced an average of 1,698 barrels of oil equivalent per day ("BOEPD") (85% liquids) in the three months ended September 30, 2024 ("Q3 2024"), compared to 1,376 BOEPD produced in Q3 2023.

Pedevco (PED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

HOUSTON, TX / ACCESSWIRE / October 1, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO") today announced that it has entered into a five year Participation Agreement ("PA") and Area of Mutual Interest ("AMI") with a large, Denver, Colorado-based private equity-backed D-J Basin E&P Company with extensive operational experience ("Operator"), pursuant to which the companies have agreed to participate in the joint development of approximately 10,750 net acres collectively held by the companies in the SW Pony Prospect located in Weld County, Colorado. The parties have formed an approximately 16,900 gross acre AMI in the prospect, with PEDVCO holding a 30% interest and the Operator holding a 70% interest in the combined acreage.