PEDEVCO CORP: insider trades · United States · SEC (Form 4)

About PEDEVCO CORP

PEDEVCO Corp. (ticker: PED) is a U.S.-listed energy company traded on NYSE American, with headquarters in Houston, Texas, United States. For French-speaking investors, the company should be viewed as a small-cap exploration and production (E&P) name focused on acquiring, developing, and optimizing conventional oil and gas assets where modern drilling and completion techniques can still unlock incremental value. Its investment case is built less on scale than on asset selection, operational execution, capital discipline, and selective development in established producing basins. The company has gone through several strategic phases over time. According to PEDEVCO’s corporate materials, the business was materially restructured beginning in 2018, when a new management team came in and the balance sheet was simplified. That restructuring helped reposition the company around a clearer U.S. upstream strategy. In a major step in October 2025, PEDEVCO completed a merger with certain portfolio companies controlled by Juniper Capital Advisors, L.P. Management described the deal as transformational and framed it as a move toward becoming a leading public Rockies-focused oil and gas operator. Operationally, PEDEVCO now concentrates on three main areas: the Denver-Julesburg Basin in Colorado and Wyoming, the Powder River Basin in Wyoming, and the San Andres formation in the Permian Basin in New Mexico and Texas. The company emphasizes legacy conventional properties with existing infrastructure and long production histories, which can support more disciplined capital deployment than some higher-cost unconventional projects. After the 2025 merger, its asset base expanded significantly, adding producing oil-weighted properties and meaningful future drilling inventory in the northern DJ Basin and Powder River Basin, alongside its Permian exposure. From a competitive standpoint, PEDEVCO remains small relative to the large U.S. independents, but its niche is clear: a Rockies-centered upstream platform with U.S. onshore exposure, operational upside, and potential for regional consolidation. The company’s messaging consistently highlights a strategy of organic growth, low-cost operations, and prudent capital structure, rather than rapid scale at any cost. That makes PED more of a specialized upstream value and growth story than a diversified energy major. Recent milestones include the release of 2025 financial results and operations updates, the disclosure of year-end 2025 proved reserves, and the broader integration of the Juniper-related assets. Those developments suggest a company that is still in a post-transaction repositioning phase, with a larger production base, a broader acreage footprint, and a longer runway of drilling opportunities than it had before the merger. For investors, PEDEVCO is therefore best understood as a U.S. upstream operator on NYSE American with a concentrated Rockies thesis, supported by selective Permian exposure and a management team focused on consolidating and developing conventional oil and gas assets.