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Pedevco Nyseamericanped Issues Quarterly Earnings Results Misses Estimates by 3 90 Eps

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AI insight

AI-generated

Pedevco (PED) is a small-cap E&P company. The large EPS miss is due to a non-cash derivative loss, not operational weakness. Revenue beat and reaffirmed guidance suggest underlying production is on track. The stock reaction may be muted if investors look through the derivative loss. Impact is company-specific, not sector-wide.

Signals our AI researcher identified

Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.

  • Pedevco reported Q1 2026 EPS of -$3.28 vs consensus $0.62, a miss of $3.90.
  • Revenue was $40.22M vs estimate $37.65M, beating by $2.57M.
  • Net loss of $25.6M driven by a $31.3M derivative loss.
  • Production averaged 8,091 BOE/day post-Juniper merger.
  • Full-year guidance reaffirmed at 6,500-7,000 BOE/day.
Sector verdictOIL_GAS_UPSTREAMFlatmagnitude 2/3 · confidence 3/5

Pedevco's reaffirmed guidance and revenue beat suggest no operational impact; sector remains neutral.

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Sector impact at a glance

  • OIL_GAS_UPSTREAMmid

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Pedevco Nyseamericanped Issues Quarterly Earnings Results Misses Estimates by 3 90 Eps — News Analysis