Pedevco (PED) Operating Expenses (2010 - 2026)
Pedevco's (PED) quarterly Operating Expenses came in at $29.6 million in Q4 2025, up 166.0% YoY from $11.1 million in Q4 2024, and up 279.54% on a QoQ basis from $7.8 million in Q3 2025.
Pedevco (PED) Operating Expenses (2010 - 2026) Analysis & Trends
Pedevco (PED) has 15 years of Operating Expenses data on file, last reported at $29.6 million in Q4 2025.
- Quarterly Operating Expenses rose 166.0% year-over-year to $29.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $54.8 million (up 57.72% YoY) and the FY2025 annual result came in at $54.8 million, up 57.72% from the prior year.
- Operating Expenses advanced to $29.6 million in Q4 2025, from $7.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $29.6 million in Q4 2025 to a low of $4.4 million in Q2 2021.
- A 5-year average of $8.1 million and a median of $6.7 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2021 — Operating Expenses plunged 75.94% — and 2025, when it jumped 166.0%.
- Tracing PED's Operating Expenses over 5 years: stood at $6.1 million in 2021, then jumped by 44.03% to $8.8 million in 2022, then tumbled by 40.75% to $5.2 million in 2023, then jumped by 113.47% to $11.1 million in 2024, then jumped by 166.0% to $29.6 million in 2025.
- The last three Operating Expenses figures came in at $29.6 million (Q4 2025), $7.8 million (Q3 2025), and $8.9 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 5.03 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 54.24 Mn |
| 10 | Pedevco | 181.95 Mn | 166.46 Mn | - | 30.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.81 Mn |
| Dec 31, 2025 | 29.59 Mn |
| Sep 30, 2025 | 7.80 Mn |
| Jun 30, 2025 | 8.86 Mn |
| Mar 31, 2025 | 8.59 Mn |
| Dec 31, 2024 | 11.12 Mn |
| Sep 30, 2024 | 6.95 Mn |
| Jun 30, 2024 | 9.17 Mn |
| Mar 31, 2024 | 7.51 Mn |
| Dec 31, 2023 | 5.21 Mn |
| Sep 30, 2023 | 6.47 Mn |
| Jun 30, 2023 | 7.06 Mn |
| Mar 31, 2023 | 6.54 Mn |
| Dec 31, 2022 | 8.79 Mn |
| Sep 30, 2022 | 6.45 Mn |
| Jun 30, 2022 | 6.33 Mn |
| Mar 31, 2022 | 5.83 Mn |
| Dec 31, 2021 | 6.11 Mn |
| Sep 30, 2021 | 4.43 Mn |
| Jun 30, 2021 | 4.39 Mn |