Pedevco (PED) Operating Expenses (2010 - 2025)
Pedevco (PED) reported Operating Expenses of $29.6 million for Q4 2025, up 166.0% on a YoY basis from $11.1 million in Q4 2024, and up 279.54% quarter-over-quarter from $7.8 million in Q3 2025.
Pedevco (PED) Operating Expenses (2010 - 2025) Analysis & Trends
Pedevco has reported Operating Expenses for 15 years, with the latest figure at $29.6 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 166.0% year-over-year to $29.6 million; the trailing twelve-month figure through Dec 2025 stood at $54.8 million (up 57.72% YoY), and the FY2025 full-year result was $54.8 million, up 57.72% from the prior year.
- Operating Expenses for Q4 2025 stood at $29.6 million, up from $7.8 million in the prior quarter.
- The five-year high for Operating Expenses was $29.6 million in Q4 2025, with the low at -$19.9 million in Q4 2022.
- Historically, Operating Expenses has averaged $6.7 million across 5 years, with a median of $6.5 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 425.34% — and 2025, when it jumped 166.0%.
- Pedevco's Operating Expenses stood at $6.1 million in 2021, then tumbled by 425.34% to -$19.9 million in 2022, then soared by 126.23% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 103.33 Mn |
| 10 | Pedevco | 63.42 Mn | 42.19 Mn | - | 29.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -19.86 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 |
| Mar 31, 2021 | 4.61 Mn |