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PEDEVCO reports 2025 results with 35% production growth post-Juniper merger, despite net loss from merger costs.

Company Fundamentals
31 Mar 2026
GlobeNewsWire
View Source
Neutral
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PEDEVCO Corp. announced its 2025 financial results, highlighting a 35% increase in average daily production to 2,494 Boe/d, driven by its transformative merger with Juniper Capital Advisors completed in October 2025. Revenue rose 16% to $45.8 million, while Adjusted EBITDA increased 18% to $27.0 million, reflecting operational growth despite a net loss of $10.4 million due to $7.5 million in non-recurring merger costs and other expenses. The merger expanded PEDEVCO's asset base to over 310,000 net acres and nearly doubled its proved reserves to 32.1 MMBoe with a PV-10 value of $357.7 million. For 2026, the company guides capital expenditures of $16-$20 million and expects adjusted EBITDA between $60-$70 million, focusing on disciplined development and cost optimization.

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