PEDEVCO — Q3 2026 Earnings Summary

PEDEVCO Corp. reported a net loss of $9.2 million for the third quarter of 2026, driven by a $16.6 million net loss on derivative contracts that offset higher operating income from an expanded asset base. Average daily production surged 298% year-over-year to 5,850 barrels of oil equivalent per day following the October 2025 merger with Juniper Capital Advisors, while revenue increased 411% to $35.5 million. Adjusted EBITDA rose 239% to $14.7 million, reflecting increased production volumes and a 31% rise in the average realized oil price to $83.81 per barrel. The company updated its full-year 2026 net capital expenditure guidance to a range of $37 million to $42 million and reiterated its Adjusted EBITDA guidance of $60 million to $70 million.