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PEDEVCO Announces Q2 2025 Financial Results and Operations Update

1. PEDEVCO Q2 2025 oil production down 25% from the previous year. 2. Average production at 1,517 BOEPD primarily consisting of liquids.

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FAQ

Why Bearish?

The significant drop in production suggests operational challenges. Historically, declines in production can lead to reduced investor confidence and share price declines.

How important is it?

The production drop is crucial for future revenue and profitability, raising investor concerns.

Why Short Term?

Immediate impacts on share price likely due to negative investor reaction. Past examples show that production decreases often result in short-term sell-offs.

Related Companies

HOUSTON, TX / ACCESS Newswire / August 14, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three months ended June 30, 2025 and provided an operations update. Key Financial and Operational Highlights Include: Produced an average of 1,517 barrels of oil equivalent per day ("BOEPD") (86% liquids) in the three months ended June 30, 2025 ("Q2 2025"), compared to 2,010 BOEPD produced in Q1 2024, decreasing 25% from Q2 2024.

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