PEDEVCO projects full-year 2026 net capital expenditures of $16M to $20M, including $6M to $7M for D-J Basin drilling, and adjusted EBITDA of $60 million to $70 million.
Bullish
PEDEVCO achieved significant Q4 production and revenue growth, more than doubling both, driven by the Juniper Merger which also nearly doubled the company's proved reserve base and PV-10 value.
Bearish
PEDEVCO reported a significant net loss in Q4 and FY 2025, driven by increased operating and administrative expenses due to merger costs, partially offset by a decline in average realized crude oil prices.