PED

The past six months saw PEDEVCO Corp.'s stock experience a -16.44% change. Key events included a 1-for-20 reverse stock split effective March 13, 2026. The company reported Fourth Quarter and Full-Year 2025 results on March 31, 2026, highlighting a transformational year due to the October 2025 merger, which significantly expanded its Rockies footprint, production, and reserves, leading to Q4 2025 revenue increasing by 118% and average daily production rising by 143%, despite a full-year net loss. First Quarter 2026 results, announced May 14, 2026, showed substantial increases in production (374%) and revenue (360%) from acquired assets, though a net loss of $(25.6) million was reported due to derivative contracts. Second Quarter 2026 results, released August 13, 2026, reported a 561% revenue increase and a 348% rise in average daily production, resulting in a net income of $17.5 million. Around August 2026, President and CEO Douglas Schick stepped down, with COO R.T. Dukes named interim President and CEO. Finally, on September 16, 2026, PEDEVCO acquired approximately 5,678 net acres in Wyoming's Powder River Basin for about $5.9 million, nearly doubling its Mowry position.