29 Jan 2024director interest notice● Neutral
PEDEVCO CORP Chief Executive Officer Simon G Kukes received 550,000 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
29 Jan 2024director interest notice● Neutral
PEDEVCO CORP Executive VP Moore Clark acquired 450,000 shares and disposed of 50,000 in a set of related equity transactions.
29 Jan 2024director interest notice● Neutral
PEDEVCO CORP President John Douglas Schick acquired 525,000 shares and disposed of 50,000 in a set of related equity transactions.
29 Jan 2024director interest notice● Neutral
PEDEVCO CORP CAO and PFO and AO Paul Anthony Pinkston acquired 250,000 shares and disposed of 35,000 in a set of related equity transactions.
23 Jan 2024director interest notice● Neutral
PEDEVCO CORP CAO and PFO and AO Paul Anthony Pinkston sold 39,300 shares.
23 Jan 2024director interest notice● Neutral
PEDEVCO CORP President John Douglas Schick sold 100,000 shares.
23 Jan 2024director interest notice● Neutral
PEDEVCO CORP Executive VP Moore Clark sold 95,000 shares.
9 Nov 2023asset acquisition disposition● Neutral
PEDEVCO sold a smaller package of oil & gas assets - including its EOR Operating Company subsidiary, part of the 2018 Permian entry - to Tilloo Exploration for $1.12 million, financed by a 5-year seller note at 10% interest, trimming a non-core piece of its portfolio.
9 Nov 2023quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $7.3 million and net income of $949 thousand for the period ended 2023-09-30.
16 Oct 2023quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $7.3 million and net income of $949 thousand for the period ended 2023-09-30.
16 Oct 2023financial restatement▼ BadMajor
PEDEVCO's Audit Committee determined its Q2 2023 financials needed restatement after finding a revenue-accrual error - unreversed accruals from new third-party well operators had overstated net revenue on 14 wells and skewed reported production, costs and depletion for the quarter. No misconduct was found and the fix was still preliminary.
13 Sept 2023material agreement▲ GoodMajor
PEDEVCO farmed out half its working interest in the Chaveroo Field (Permian Basin, New Mexico) to Evolution Petroleum, covering 16,000 gross acres across twelve development blocks where the two will jointly drill up to nine San Andres wells per block - Evolution paid $401,733 for the first two blocks with options to expand block-by-block, and PEDEVCO stays operator - a capital-light way to accelerate development of the asset it bought in 2018.
1 Sept 2023director interest notice● Neutral
PEDEVCO CORP insider Harold Douglas Evans received 85,000 shares as part of the equity award.
1 Sept 2023director interest notice● Neutral
PEDEVCO CORP insider John J Scelfo received 125,000 shares as part of the equity award.
14 Aug 2023quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $8.5 million and net income of $1.6 million for the period ended 2023-06-30.
14 Aug 2023quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $8.5 million and net income of $1.6 million for the period ended 2023-06-30.
14 July 2023director interest notice● Neutral
PEDEVCO CORP insider John J Scelfo sold 40,000 shares at $0.92.
14 July 2023director interest notice● Neutral
PEDEVCO CORP insider Ivar Siem sold 30,000 shares at $0.91.
20 June 2023director interest notice● Neutral
PEDEVCO CORP Chief Executive Officer Simon G Kukes bought 130,453 shares on the open market at $0.89.
15 May 2023quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $8.2 million and net income of $1.8 million for the period ended 2023-03-31.
15 May 2023quarterly activities report● Neutral
PEDEVCO CORP reported quarterly revenue of $8.2 million and net income of $1.8 million for the period ended 2023-03-31.
3 Apr 2023director interest notice● Neutral
PEDEVCO CORP Executive VP Moore Clark sold 174,666 shares at $1.05.
3 Apr 2023director interest notice● Neutral
PEDEVCO CORP Chief Executive Officer Simon G Kukes bought 500,000 shares on the open market at $1.04.
30 Mar 2023director interest notice● Neutral
PEDEVCO CORP Chief Executive Officer Simon G Kukes bought 263,931 shares on the open market at $0.94.
27 Jan 2023director interest notice● Neutral
PEDEVCO CORP President John Douglas Schick sold 40,000 shares at $1.06.
27 Jan 2023director interest notice● Neutral
PEDEVCO CORP Executive VP Moore Clark sold 50,000 shares at $1.06.
27 Jan 2023director interest notice● Neutral
PEDEVCO CORP CAO and PFO and AO Paul Anthony Pinkston sold 20,000 shares at $1.06.
23 Jan 2023director interest notice● Neutral
PEDEVCO CORP Executive VP Moore Clark acquired 300,000 shares and disposed of 45,000 in a set of related equity transactions.
23 Jan 2023director interest notice● Neutral
PEDEVCO CORP Chief Executive Officer Simon G Kukes received 400,000 shares as part of the equity award.
23 Jan 2023director interest notice● Neutral
PEDEVCO CORP President John Douglas Schick acquired 350,000 shares and disposed of 33,333 in a set of related equity transactions.