---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-010661"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:15:21.357066+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO Q2 2024 production rises to 2,010 BOEPD, net income up 69% YoY to $2.7M

## Summary
- Q2 2024 production averaged 2,010 BOEPD (87% liquids), up from 1,660 BOEPD in Q2 2023.
- Revenue $11.8M (+38% YoY); operating income $2.6M (+77%); net income $2.7M ($0.03/share) vs $1.6M ($0.02).
- Adjusted EBITDA $7.4M (+48% YoY); zero debt; cash and restricted cash $8.7M at period end.
- Thirteen non-op D-J Basin wells and three new Permian San Andres wells performed above expectations.
- G&A flat YoY; company planning further D-J Basin and Permian development with partner Evolution Petroleum.

## SEC filing metadata
- accession: 0001654954-24-010661
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495424010661/0001654954-24-010661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495424010661/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-010661
- JSON: https://secwatch.observer/filing/0001654954-24-010661.json
- Plain text: https://secwatch.observer/filing/0001654954-24-010661.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.