PEDEVCO Corp. showed a big jump in production and revenue for Q3 2026, with production up 298% and revenue up 411%.

Nov 13, 2026, 4:34 PM ETResultsRead the original at SEC EDGAR

Neutral

PED's production and revenue climbed sharply from a year earlier, helped by assets acquired in 2025. But it lost $9.2 million after a $17.5 million profit in the prior quarter, and key measures fell from that quarter, leaving a mixed report.

PED · PEDEVCO Corp.

AI read · Neutral

The AI's read

The added assets and higher oil prices lifted production and sales compared with a year earlier. But PED still lost money, and production, sales, and its adjusted cash-earnings measure all fell from the prior quarter. That measure also leaves out $2.1 million in severance costs this quarter. The results point in different directions.

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