PEDEVCO Corp (PED)

PEDEVCO Corp. (NYSE American: PED) has filed pro forma financial information detailing its $179.9 million acquisition of North Peak Oil & Gas, which closed on October 31, 2025. The pro forma results for 2025 indicate a significant increase in scale, with oil and gas sales tripling to $132.2 million and a swing from an operating loss to an operating income of $8.2 million. The merger strategically expands PEDEVCO's oil-weighted producing assets in the Northern DJ and Powder River Basins, adding approximately 281,000 net acres.

PEDEVCO Corp. (PED) has filed an S-3 resale registration statement for up to 11,040,909 shares of common stock, representing 83.1% of its outstanding shares, to be sold by existing stockholders. The company will not receive proceeds from these sales, which are tied to past transactions including a merger, a PIPE offering, and funding from The SGK 2018 Revocable Trust. PEDEVCO warns that these potential sales could negatively impact its stock price and future equity raises.

Pedevco Corp has filed a prospectus with the SEC for the resale of up to 11,040,909 common shares. This SEC filing indicates a potential increase in the number of shares available on the market.

PEDEVCO Corp. (NYSE: PED) has filed an amendment to its 8-K report, providing updated pro forma financial information for the year ended December 31, 2025, related to its acquisition of North Peak Oil & Gas, LLC. The merger, which involved PEDEVCO acquiring North Peak's oil-weighted assets across 281,000 net acres in the Northern DJ and Powder River Basins, also included a concurrent $35 million capital raise through the sale of Series A Convertible Preferred Stock. These pro forma statements illustrate the combined financial picture as if the merger had occurred on January 1, 2025.

Pedevco VP Moore Clark sold 3,765 shares of the company's stock for a total of $48,229.65 on August 17th, reducing his position by 6.92%. This sale is part of several recent transactions by Clark, including sales on August 18th and 19th. Pedevco recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, and maintains a consensus "Buy" rating from analysts.