PEDEVCO Corp. ($PED) reported second-quarter 2026 revenue of $46.1 million, up sharply from a year earlier and above the $41.3 million estimate. Gross profit matched revenue at $46.1 million, reflecting a strong jump in profitability on a year-over-year basis.
The company posted net income attributable to common shareholders of $17.5 million, while diluted earnings per share came in at $1.31, both ahead of expectations. Operating profit was $15.4 million, and cash from operating activities reached $15.3 million.
On the balance sheet, PEDEVCO ended the quarter with $10.9 million in cash and cash equivalents. Total liabilities rose to $159.6 million, while capital spending totaled $3.5 million during the quarter. The stock rose 3.22% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
PEDEVCO Corp. Insider Trading Activity
PEDEVCO Corp. insiders have traded $PED stock on the open market 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $PED stock by insiders over the last 6 months:
- MARTYN WILLSHER has made 2 purchases buying 20,000 shares for an estimated $288,723 and 0 sales.
- MOORE CLARK (Executive VP) sold 18,797 shares for an estimated $275,789
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
PEDEVCO Corp. Hedge Fund Activity
We have seen 23 institutional investors add shares of PEDEVCO Corp. stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JUNIPER CAPITAL ADVISORS, L.P. added 6,851,746 shares (+69787.6%) to their portfolio in Q1 2026, for an estimated $109,627,936
- BLACKROCK, INC. added 123,311 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,659,766
- MORGAN STANLEY added 115,442 shares (+30702.7%) to their portfolio in Q2 2026, for an estimated $1,553,849
- GEODE CAPITAL MANAGEMENT, LLC added 22,263 shares (+149.5%) to their portfolio in Q2 2026, for an estimated $299,659
- AMERICAN CENTURY COMPANIES INC added 20,349 shares (+inf%) to their portfolio in Q2 2026, for an estimated $273,897
- MILLENNIUM MANAGEMENT LLC added 20,340 shares (+inf%) to their portfolio in Q1 2026, for an estimated $325,440
- UBS GROUP AG added 12,886 shares (+186.6%) to their portfolio in Q2 2026, for an estimated $173,445
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
