PEDEVCO Corp. reports Q3 net loss as revenue falls 13%

Reuters

2025/11/17

PEDEVCO Corp. reports Q3 net loss as revenue falls 13%

PEDEVCO Corp. reported a Q3 2025 net loss of $0.3 million, or $0.00 per share, compared to net income of $2.9 million, or $0.03 per share, in Q3 2024. Revenue for the quarter was $7.0 million, down $2.1 million from Q3 2024. The company produced an average of 1,471 barrels of oil equivalent per day (BOEPD), a 13% decrease from 1,698 BOEPD in the same period last year. Operating expenses rose 12% to $7.8 million, and adjusted EBITDA decreased 24% to $4.3 million from $5.7 million in Q3 2024. Cash and cash equivalents were $13.7 million as of September 30, 2025. The financial results do not reflect the impact of PEDEVCO's October 2025 merger with certain Juniper Capital Advisors portfolio companies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PEDEVCO Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-013122), on November 17, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PEDEVCO Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-013122), on November 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PED","symbol_name":"Pedevco Corp.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nNDL4mdNVg:1","article_id":"2584174625","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584174625","pubTimestamp":1763384917,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PEDEVCO Corp. reported a Q3 2025 net loss of $0.3 million, or $0.00 per share, compared to net income of $2.9 million, or $0.03 per share, in Q3 2024. 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