PEDEVCO Q2 2026 revenue up 561% YoY to $46.1M; net income swings to $17.5M profit

PEDEVCO CORP

Q2 2026 revenue $46.1M, up 561% YoY from $7.0M and 15% QoQ from $40.2M.
Net income $17.5M vs $(1.7)M loss in Q2 2025 and $(25.6)M loss in Q1 2026.
Adjusted EBITDA $18.7M, up 516% YoY from $3.0M and 3% QoQ from $18.1M.
Average daily production 6,801 Boe/d, up 348% YoY from 1,517 Boe/d, down 16% QoQ.
Company cites enhanced development plan expected to drive future growth.

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