---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-014471"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:16:31.300185+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO Q3 net income $2.9M; revenue up 23% to $9.1M; production 1,698 BOEPD

## Summary
- Net income $2.9M ($0.03 EPS) vs $0.9M ($0.01 EPS) in Q3 2023.
- Revenue $9.1M, production 156,096 Boe (85% liquids); average realized price $57.97/boe.
- Zero debt; cash $7.2M including restricted cash; adjusted EBITDA $5.7M up 30% YoY.
- Entered 5-year Participation Agreement to jointly develop ~10,750 net acres in D-J Basin (30% WI).
- Planning four Permian Basin wells with Evolution Petroleum in early 2025.

## SEC filing metadata
- accession: 0001654954-24-014471
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495424014471/0001654954-24-014471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495424014471/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-014471
- JSON: https://secwatch.observer/filing/0001654954-24-014471.json
- Plain text: https://secwatch.observer/filing/0001654954-24-014471.txt

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