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PEDEVCO (PED) investor relations material
PEDEVCO Noble Capital Markets Virtual Equity Investor Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Leadership and positioning
Interim CEO, President and COO appointment began weeks before Oct. 1; board search underway for a permanent CEO, with operating-team continuity emphasized.
Production cited as rising from 130 bpd to ~7,000 bpd; portfolio spans ~300,000 net acres and 1,000-1,100 gross drillable locations.
Oil-weighted portfolio at 88% liquids; Q2 2026 production averaged 6,800 Boe/d.
Financial position and efficiency
First-half adjusted EBITDA nearly $37m; Q2 net debt $73m; FY 2026 EBITDA guidance remains $60m-$70m; PV-10 cited at ~$27/share.
Net-debt target multiple reached in 6-9 months versus an initial 12-18-month expectation.
Annualized LOE savings target of $10m-$12m; more than halfway achieved in 2026, with full run-rate savings expected by mid-Q3 2027.
Merger G&A synergies estimated at 20%-30% reduction; 2026 LOE optimization accelerated, with the full program expected to support margin expansion.
Development and growth plans
H2 2026 activity includes participation in ~15 gross wells; expanded operator activity is planned through the remainder of 2026 and into early 2027.
Production and cash-flow growth expected to accelerate in 2027; management characterized potential growth as a multiple of industry high-single- to low-double-digit growth, with more detail planned in Q4 2026.
Investment hurdle stress-tested at 25%-30% IRR near $60 oil rather than $90; cash flow expected to favor organic inventory development over debt reduction.
Reinvestment plans assume $60-$80 oil; activity may be scaled back in the $50s or lower, with hedges intended to protect baseline operations and investment returns.
- Rockies-focused growth, margin expansion, and disciplined consolidation drive value creation.PED
Lytham Partners Fall 2026 Investor Conference - Over 83% of shares registered for resale after merger and PIPE, reshaping ownership and liquidity.PED
Registration filing - Q2 2026 revenue up 561% to $46.1M, net income $17.5M, and strong liquidity position.PED
Q2 2026 - Annual meeting set for August 27, 2026, with full proxy materials mailed to all stockholders.PED
Proxy filing - Stockholders will vote virtually on directors, auditor, executive pay, and a key equity plan amendment.PED
Proxy filing - Merger-driven growth quadrupled production and EBITDA, with Rockies consolidation as the core strategy.PED
16th Annual LD Micro Invitational Conference - Q1 2026 delivered record production and EBITDA, but derivative losses led to a net loss.PED
Q1 2026 - Merger-driven scale, cost synergies, and multi-basin assets drive growth and value creation.PED
Investor presentation - Transformative merger doubled reserves, scaled production, and drove strong EBITDA growth.PED
Q4 2025
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