Company: PED
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013092
Chunk: 163

Company: PEDEVCO CORP
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 163
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 benefit of $0.6 million (see Note 13 – Income Taxes, in the notes to the consolidated financial statements above under “Part I – Financial Information—Item 1. Financial Statements”). 

 30Table of Contents

Net Revenues

The following table sets forth the operating results and production data for the periods indicated:

  Nine Months Ended         September 30,   Increase  % Increase   2025  2024  (Decrease)  (Decrease) Sale Volumes:            Crude Oil (Bbls)  299,795   349,185   (49,390) (14%) Natural Gas (Mcf)  414,596   420,182   (5,586) (1%) NGL (Bbls)  58,013   54,148   3,865   7%Total (Boe) (1)  426,907   473,363   (46,546) (10%)                  Crude Oil (Bbls per day)  1,098   1,274   (176) (14%) Natural Gas (Mcf per day)  1,519   1,534   (15)   (1%)NGL (Bbls per day)  213   198   15   8%Total (Boe per day) (1)  1,564   1,728   (164)   (9%)                 Average Sale Price:                Crude Oil ($/Bbl) $64.81  $76.34  $(11.53) (15%) Natural Gas ($/Mcf)  3.72   1.90   1.82   96%NGL ($/Bbl)  29.25   28.11   1.14   4%                 Net Operating Revenues (in thousands):                Crude Oil $19,430  $26,656  $(7,226) (27%) Natural Gas  1,542   799   743   93%NGL  1,697   1,522   175   11%Total Revenues