Pedevco (PED)
:PED
Earnings Data
Report Date
May 18, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
<0.01Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a constructive post-merger outlook: management delivered meaningful scale, large proved reserves (32.1 MM BOE), immediate adjusted EBITDA uplift (+203% YoY in Q4) and identified concrete cost-savings projects that could materially lower LOE (~$10M–$12M annual savings). At the same time, the company faces near-term merger-related GAAP losses, higher unit LOE from acquired assets, commodity-price pressure (realized oil -16% YoY), and limited near-term liquidity with $98M drawn on the credit facility. Most execution and cash-flow upside depends on completing optimization projects (benefits visible mid-2026 into 2027), commodity price realization, and permitting/timing in the basins. Overall, the positives from scale, reserve base, and clear optimization/capital plans materially outweigh the near-term lowlights.Company Guidance
Scale and Production Growth from Juniper Merger
Merger closed Oct 31, 2025 expanded scale: Q4 combined production averaged over 5,300 BOE/day (483,159 BOE in the quarter). Company increased from ~1,500 BOE/day pre-transaction to a combined platform producing in the mid-thousands.
Large Proved Reserves and Development Inventory
Proved reserves nearly doubled to 32.1 million BOE (management cites ~ $27 per share post 1-for-20 reverse split). Company holds >310,000 net acres across DJ, Powder River and Permian and >1,000 identified drilling locations across multiple formations.
Strong Adjusted EBITDA Growth
Q4 adjusted EBITDA of $15.4 million; adjusted EBITDA grew 203% year-over-year despite commodity headwinds, demonstrating immediate cash-flow contribution from the acquired assets.
Material Cost Optimization Opportunity
Identified $10M–$13M of capital projects (pump conversions, compression optimization, recompletions) expected to reduce LOE by up to $1M/month (~$10M–$12M annual savings). Management also referenced potential ~$13M–$15M of annualized EBITDA uplift as optimization/phasing completes into late 2026–2027.
Clear 2026 Financial Guidance and Capital Plan
2026 adjusted EBITDA guidance $60M–$70M (assumes $65/bo and $3.50/Mcf). Known 2026 capital expenditures $16M–$20M (approx. $6M–$7M DJ drilling/completions including ~$3M carryover; $10M–$13M optimization projects).
Liquidity and Leverage Targets
Credit facility drawn $98M as of Feb 5, 2026 (borrowing base $120M under a $250M commitment) with ~ $25M total liquidity remaining. At $65 oil management projects year-end net debt/EBITDA ~1.2–1.3x and stated goal to maintain leverage ≤1.5x.
Operational Progress — Wells Online
In 2025 the company participated in 32 DJ Basin wells (31 came online late 2025) and drilled/completed 4 operated Permian wells. Newly online wells are contributing to elevated Q1 2026 flush production and provide short-term production uplift.
Strong Insider Alignment and Sponsor Support
Insiders/management own a significant majority of the company; Juniper Capital invested approximately $18.6M of new equity at the merger, signaling sponsor commitment.
PED Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PED Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 31, 2026 | $16.00 | $16.25 | +1.56% |
Nov 17, 2025 | $11.48 | $11.20 | -2.46% |
Aug 14, 2025 | $12.40 | $11.98 | -3.35% |
May 15, 2025 | $13.70 | $12.52 | -8.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pedevco (PED) report earnings?
Pedevco (PED) is schdueled to report earning on May 18, 2026, TBA (Confirmed).
What is Pedevco (PED) earnings time?
Pedevco (PED) earnings time is at May 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is PED EPS forecast?
Currently, no data Available