Every 10-K that PEDEVCO Corp. (PED) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PED and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PED filings page.
PEDEVCO Corp. filed its annual report detailing a transformative year marked by a 1-for-20 reverse stock split, a large Rockies-focused acquisition and expanded financing capacity. The reverse split became effective on March 13, 2026, and the stock now trades on a post-split basis under the symbol PED.
Through an October 2025 merger, PEDEVCO acquired North Peak Oil & Gas and Century Oil and Gas Sub-Holdings, adding substantial leasehold in the D-J and Powder River Basins. The company issued 10,650,000 shares of Series A Convertible Preferred Stock, which automatically converted into 5,325,000 common shares in February 2026.
PEDEVCO also completed a $35 million PIPE offering of 6,363,637 Series A preferred shares at $5.50 each, converted into 3,181,818 common shares. An amended and restated credit facility now provides a $120 million borrowing base (up to $250 million total), with $98 million outstanding, supporting a 2026 capital program estimated at $16–20 million and 32.1 million Boe of proved reserves.
PEDEVCO Corp. (PED) filed Amendment No. 3 to its Annual Report to correct and restate financial statements. The filing fixes an administrative reference in the auditor’s report and confirms a restatement of the 2024, 2023, and 2022 audited financials due to an error in the tax provision that overstated the tax benefit and deferred tax balances. It also reiterates prior corrections for depletion accounting.
Management reports disclosure controls and procedures remained ineffective as of December 31, 2024, and identified an additional material weakness in internal control over financial reporting.
Operationally, 2024 revenue was $39,553,000. Total production reached 671,796 Boe (average 1,835 Boe/d), including 492,396 Bbls of oil at an average price of $73.50/Bbl, 608,382 Mcf of gas at $2.00/Mcf, and 78,003 Bbls of NGLs at $27.48/Bbl. Average production cost was $10.36/Boe. Proved reserves totaled 18.1 million Boe at year-end 2024.
Liquidity tools include a $250 million reserve-based lending facility with an initial $20 million borrowing base and an ATM program up to $8.0 million. As of March 28, 2025, 91,339,385 common shares were outstanding.
PEDEVCO Corp. (PED) filed Amendment No. 2 to its Annual Report, restating audited 2024 financials to correct an error in accounting for prior-period net operating losses that overstated the tax benefit and deferred tax balances. The filing also carries forward prior restatements addressing depletion expense errors in 2023 and 2022.
The company reports disclosure controls and procedures remained ineffective as of December 31, 2024, and identified an additional material weakness in internal control over financial reporting tied to these errors. The amendment updates oil and gas disclosures to align with Regulation S‑K Items 1200–1208.
Operationally, 2024 total revenues were $39,553,000, with total production of 671,796 Boe at average production costs of $10.36 per Boe. Proved reserves were 18.1 million Boe, including 14.2 million Bbls of crude oil and NGLs and 23.4 million Mcf of natural gas. For 2025, planned capital expenditures are $27–$33 million, with 70%–75% allocated to the D‑J Basin under joint development arrangements. The company entered a $250 million reserve‑based lending facility with a $20 million initial borrowing base, undrawn to date. As of March 28, 2025, 91,339,385 common shares were outstanding.