PEDEVCO Q2 FY26 returns to profit with net income USD 17.45 million; revenue rises 15% QoQ to USD 46.11 million

Reuters2026/08/13 20:12

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PEDEVCO posted Q2 2026 net income of USD 17.45 million, swinging from a loss; EPS was USD 1.31.
Revenue rose 15% from Q1 to USD 46.11 million, while average daily production fell 16% to 6,801 Boe/d.
Adjusted EBITDA (non-GAAP) edged up 3% sequentially to USD 18.67 million.
Revolver borrowings declined to USD 85 million from USD 98 million at March 31; cash and restricted cash totaled USD 12.14 million.
Management plans to drill or participate in over 20 gross wells in 2H 2026, targeting added production in late 2026 into 2027.

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 GlobeNewswire (Ref. ID: 202608131605PRIMZONEFULLFEED9809877) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PEDEVCO Q2 FY26 returns to profit with net income USD 17.45 million; revenue rises 15% QoQ to USD 46.11 million

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