Pedevco (PED) Operating Expenses (2010 - 2025)
Pedevco (PED) posted Operating Expenses of $29.6 million for Q4 2025, up 279.54% on a QoQ basis from $7.8 million in Q3 2025, and up 166.0% year-over-year from $11.1 million in Q4 2024.
Pedevco (PED) Operating Expenses (2010 - 2025) Analysis & Trends
Pedevco's Operating Expenses history runs 15 years deep, the most recent figure standing at $29.6 million for 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 was $29.6 million for Q4 2025 at Pedevco, up from $7.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $29.6 million in Q4 2025 and bottomed at $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 tumbled 75.94% — and 2025, when it jumped 166.0%.
- Pedevco's Operating Expenses stood at $6.1 million in 2021, then soared by 44.03% to $8.8 million in 2022, then sank by 40.75% to $5.2 million in 2023, then soared by 113.47% to $11.1 million in 2024, then soared by 166.0% to $29.6 million in 2025.
- Business Quant data shows PED's Operating Expenses at $29.6 million in Q4 2025, $7.8 million in Q3 2025, and $8.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Pedevco | 53.77 Mn | 42.18 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 | 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 |
| Mar 31, 2021 | 4.61 Mn |