---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-005763"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T04:33:13.172854+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO Q1 2025 net income $0.1M ($0.00/share); production up 15% to 1,707 BOEPD

## Summary
- Q1 2025 net income $0.1M vs $0.8M in Q1 2024; operating income $0.15M, down 76% YoY.
- Production averaged 1,707 BOEPD (82% liquids), up 15% YoY; revenue $8.74M, up 8%.
- Adjusted EBITDA decreased to $4.3M from $4.7M in Q1 2024; cash $13.2M, zero debt.
- Drilled/completed four new horizontal San Andres wells in Chaveroo Field; first production in mid-Q2 exceeding expectations.
- Divested 17 low-producing operated D-J Basin wells effective Jan 1, 2025, to cut costs and P&A liabilities.

## SEC filing metadata
- accession: 0001654954-25-005763
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1141197/000165495425005763/0001654954-25-005763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495425005763/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-005763
- JSON: https://secwatch.observer/filing/0001654954-25-005763.json
- Plain text: https://secwatch.observer/filing/0001654954-25-005763.txt

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