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Stock impact report

Pedevco projects $60M-$70M 2026 adjusted EBITDA as it targets up to $1M monthly LOE cuts [Seeking Alpha]

Pedevco Corp. (PED) 
NASDAQ:AMEX Investor Relations: pacificenergydevelopment.com
Company Research Source: Seeking Alpha
CEO, President & Director John Schick framed 2025 as “a transformational year” and said the October 31, 2025 Juniper merger created “a scaled Rockies-focused energy platform,” highlighting a shift from “approximately 1,500 barrels of oil equivalent per day” to “a combined Fresh Stock Ideas, Every Day Quick Insights PEDEVCO's daily production increased from 1,500 to over 5,300 BOE per day post-merger, proved reserves nearly doubled, insider and Juniper capital support increased, and the platform became more Rockies-focused with a substantially larger asset base. PEDEVCO projects 2026 adjusted EBITDA of $60-70 million at $65 oil and $3.50 gas, with upside possible if more high-return development is pursued; maintaining leverage at 1.5x or less is a core target. Management is implementing a $10-$13 million capital program targeting LOE savings of up to $12 million annually, with significant LOE improvements expected by mid-2026 and further optimization work into 2027. More T Show less Read more
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