Estados financieros detallados de PEDEVCO Corp. (PED): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
PEDEVCO Corp. registró ingresos de $45.8M en el último ejercicio fiscal, con un CAGR de 5 años del 41.5%.
Márgenes de los últimos 12 meses: margen bruto 40.8%, margen operativo 14.2%, margen neto -14.6%.
Al precio actual de $15.49, PED presenta beneficios negativos (P/E no significativo) y un ROE del -9.65%. La capitalización bursátil es de $206M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $4.0M | $3.0M | $4.5M | $13.0M | $8.1M | $15.9M | $30.0M | $30.8M | $39.6M | $45.8M |
| Coste de Ventas | $6.8M | $5.1M | $9.3M | $17.8M | $15.8M | $13.3M | $21.6M | $20.7M | $28.4M | $19.1M |
| Beneficio Bruto | -$2.8M | -$2.1M | -$4.8M | -$4.9M | -$7.7M | $2.5M | $8.5M | $10.1M | $11.2M | $26.6M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $3.9M | $2.5M | $4.1M | $5.8M | $6.7M | $6.2M | $5.9M | $6.0M | $6.4M | $16.8M |
| Gastos Operativos | $4.1M | $2.5M | $4.2M | $5.4M | $26.1M | $4.4M | $5.9M | $10.3M | $6.5M | $34.5M |
| Beneficio Operativo | -$5.7M | -$23.6M | -$9.0M | -$10.2M | -$33.8M | -$1.9M | $2.6M | -$198000 | $4.7M | -$7.9M |
| EBITDA | -$580000 | -$19.8M | $67.8M | $790000 | -$21.3M | $6.2M | $14.1M | $15.0M | $20.8M | $17.7M |
| Gastos por Intereses | $14.0M | $12.8M | $7.7M | $824000 | $2000 | $1000 | 0 | 0 | 0 | $1.4M |
| Beneficio Antes de Impuestos | -$19.6M | -$36.4M | $53.6M | -$11.1M | -$32.7M | -$1.3M | $2.8M | $264000 | $5.0M | -$2.3M |
| Impuestos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -$12.8M | $8.1M |
| Beneficio Neto | -$19.6M | -$36.4M | $53.6M | -$11.1M | -$32.7M | -$1.3M | $2.8M | $264000 | $17.8M | -$10.4M |
| BPA | $-80.40 | $-124.40 | $96.00 | $-4.60 | $-9.40 | $-0.37 | $0.67 | $0.06 | $4.00 | $-2.25 |
| BPA Diluido | $-80.40 | $-124.40 | $94.80 | $-4.60 | $-9.40 | $-0.37 | $0.67 | $0.06 | $4.00 | $-2.25 |
| Acciones en Circulación (Diluidas) | $244301 | $292369 | $565662 | $2.6M | $3.6M | $4.0M | $4.3M | $4.4M | $4.5M | $4.6M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $7.0M | $23.1M | $40.2M | $46.1M |
| Beneficio Bruto | $856000 | $5.5M | $11.4M | $29.7M |
| Beneficio Operativo | -$669000 | -$6.5M | $8.3M | $15.4M |
| EBITDA | $3.7M | $8.3M | -$12.1M | $20.5M |
| Beneficio Neto | -$325000 | -$8.5M | -$25.6M | $17.5M |
| BPA | $-0.07 | $-1.84 | $-3.28 | $1.31 |
| BPA Diluido | $-0.07 | $-1.84 | $-3.28 | $1.31 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $659000 | $917000 | $3.5M | $22.4M | $8.0M | $25.9M | $29.4M | $18.5M | $4.0M | $3.2M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $464000 | $301000 | $842000 | $4.6M | $660000 | $1.8M | $2.4M | $5.8M | $8.3M | $25.7M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $61000 |
| Activos Corrientes | $1.3M | $1.4M | $6.8M | $27.1M | $8.8M | $28.0M | $32.1M | $24.6M | $13.2M | $37.8M |
| Inmovilizado Material | $57.4M | $34.9M | $60.5M | $92.2M | $67.3M | $66.6M | $80.2M | $94.6M | $103.7M | $213000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $58.8M | $36.4M | $67.5M | $122.9M | $79.6M | $98.2M | $116.1M | $129.6M | $133.8M | $375.9M |
| Cuentas por Pagar | $103000 | $101000 | $4.5M | $12.1M | $212000 | $2.6M | $1.6M | $6.6M | $2.6M | $32.4M |
| Deuda a Corto | $888000 | $588000 | 0 | 0 | $288000 | 0 | 0 | 0 | 0 | $182000 |
| Pasivos Corrientes | $3.3M | $3.4M | $8.8M | $15.2M | $2.0M | $5.2M | $17.0M | $18.9M | $6.9M | $64.5M |
| Deuda a Largo | $55.9M | $66.5M | $38.3M | 0 | $82000 | 0 | 0 | 0 | 0 | $32000 |
| Pasivos Totales | $60.7M | $73.5M | $50.6M | $17.4M | $3.9M | $6.7M | $19.7M | $28.1M | $12.7M | $168.5M |
| Reservas | -$101.7M | -$138.1M | -$84.5M | -$95.6M | -$128.3M | -$129.6M | -$126.7M | -$123.8M | -$106.0M | -$121.9M |
| Patrimonio Neto | -$2.0M | -$37.1M | $17.0M | $105.5M | $75.6M | $91.5M | $96.5M | $101.5M | $121.1M | $207.4M |
| Deuda Total | $56.8M | $67.1M | $38.3M | $397000 | $670000 | $195000 | $81000 | $316000 | $228000 | $214000 |
| Deuda Neta | $56.1M | $66.2M | $34.8M | -$22.0M | -$7.4M | -$25.7M | -$29.3M | -$18.2M | -$3.8M | -$3.0M |
| Capital Circulante | -$2.0M | -$2.0M | -$2.0M | $11.9M | $6.8M | $22.9M | $15.1M | $5.7M | $6.3M | -$26.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $10.9M | $3.2M | $7.7M | $10.8M |
| Activos Totales | $135.9M | $375.9M | $370.1M | $359.7M |
| Pasivos Totales | $20.5M | $168.5M | $187.9M | $159.6M |
| Patrimonio Neto | $115.4M | $207.4M | $182.2M | $200.1M |
| Deuda Total | $257000 | $214000 | $170000 | $85.0M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$19.6M | -$36.4M | $53.6M | -$11.1M | -$32.7M | -$1.3M | $2.8M | $1.7M | $17.8M | -$10.4M |
| Amortizaciones | $5.1M | $3.8M | $6.5M | $11.1M | $11.4M | $7.5M | $11.3M | $9.5M | $16.0M | $18.0M |
| Compensación en Acciones | $1.5M | $655000 | $862000 | $1.6M | $2.8M | $2.5M | $2.1M | $2.0M | $1.9M | $2.8M |
| Cambio en Capital Circulante | -$4.1M | $2.5M | $2.5M | $1.0M | -$910000 | -$481000 | -$215000 | $5.9M | -$10.3M | -$3.7M |
| Flujo de Caja Operativo | -$6.0M | -$236000 | -$1.5M | $1.7M | $12000 | $6.0M | $16.0M | $23.5M | $12.8M | $10.8M |
| Inversiones (CapEx) | -$75000 | 0 | -$23.0M | -$1.2M | 0 | -$35000 | -$12.3M | -$45000 | -$169000 | -$20.5M |
| Adquisiciones | 0 | 0 | 0 | $1.2M | 0 | $1.9M | 0 | 0 | 0 | -$115.6M |
| Recompra de Acciones | -$74000 | 0 | -$1.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$6.0M | -$236000 | -$24.5M | $468000 | $12000 | $5.9M | $3.7M | $23.4M | $12.6M | -$9.7M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $7.4M | -$2.1M | $10.5M | $15.3M |
| Inversiones (CapEx) | -$5.2M | -$20.5M | 0 | -$3.5M |
| Flujo de Caja Libre | $2.2M | -$22.6M | $10.5M | $11.8M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $537000 | $1.8M | $492000 | $412000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -24.0% | +50.0% | +186.8% | -37.9% | +96.8% | +89.4% | +2.5% | +28.5% | +15.7% |
| Crecimiento Beneficio Neto (anual) | | -85.4% | +247.4% | -120.7% | -194.5% | +96.0% | +318.9% | -90.7% | +6638.3% | -158.2% |
| Crecimiento BPA (anual) | | -54.7% | +177.2% | -104.8% | -104.3% | +96.1% | +280.0% | -91.0% | +6566.7% | -156.2% |
| Cambio en Acciones (anual) | | +19.7% | +93.5% | +352.7% | +41.0% | +10.7% | +6.9% | +1.8% | +2.5% | +3.4% |
| Crecimiento FCF (anual) | | +96.1% | -10263.1% | +101.9% | -97.4% | +49358.3% | -37.2% | +528.5% | -46.2% | -177.2% |
| Margen Bruto | -70.5% | -69.2% | -106.5% | -37.6% | -95.8% | 16.0% | 28.2% | 32.7% | 28.3% | 58.2% |
| Margen Operativo | -142.6% | -781.8% | -199.1% | -78.8% | -419.7% | -11.8% | 8.8% | -0.6% | 11.9% | -17.2% |
| Margen EBITDA | -14.6% | -657.3% | 1499.6% | 6.1% | -263.7% | 39.0% | 46.9% | 48.9% | 52.6% | 38.8% |
| Margen Neto | -494.4% | -1206.3% | 1185.2% | -85.6% | -405.6% | -8.2% | 9.5% | 0.9% | 45.0% | -22.6% |
| Margen FCF | -152.4% | -7.8% | -540.7% | 3.6% | 0.1% | 37.4% | 12.4% | 76.1% | 31.8% | -21.3% |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | 0.0% | -0.0% | -0.0% | -0.0% | 0.0% | 0.0% | -253.1% | -349.2% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-24.76 | $-0.81 | $-43.24 | $0.18 | $0.00 | $1.48 | $0.87 | $5.39 | $2.82 | $-2.11 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $244301 | $292363 | $558425 | $2.6M | $3.6M | $4.0M | $4.3M | $4.4M | $4.5M | $4.6M |
Qué mirar en empresas de Energy
- FCF yield (>8%) — Caja generada / capitalización. En energía el FCF importa más que el EPS.
- ROIC medio 5a (≥10%) — Incluir años buenos y malos para filtrar las realmente disciplinadas.
- FCF positivo en 8 de los últimos 10 años (≥8/10) — Nombres disciplinados (XOM, CVX, EOG) sobreviven los crashes de 2014-16 y 2020.
- Cobertura del dividendo (FCF / div) (≥1,2x) — Dividendo cubierto por FCF, no por deuda. <1x = recorte probable.
- Deuda Neta / EBITDA (<2x en pico) — Mirarlo con EBITDA en valle, no en pico.
- Capex / Ingresos (10-20% saludable) — Energía necesita reinversión agresiva para mantener reservas.
Rentabilidad
| Rentabilidad sobre capital | -9.65% |
| Rentabilidad sobre capital invertido | 5.34% |
| Rentabilidad sobre activos | -4.73% |
| Margen bruto | 40.77% |
| Margen operativo | 14.17% |
| Margen neto | -14.61% |
Salud financiera
| Deuda / Patrimonio | 0.42 |
| Ratio corriente | 0.78 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -0.28 | -0.05 | 0.16 | -7.22 | -3.21 | -57.30 | 33.03 | 256.67 | 3.89 | -4.98 |
| P/VC | -2.80 | -0.05 | 0.50 | 0.81 | 1.44 | 0.93 | 0.98 | 0.66 | 0.57 | 0.25 |
| P/V | 1.38 | 0.62 | 1.87 | 6.55 | 13.53 | 5.34 | 3.13 | 2.18 | 1.76 | 1.13 |
| Margen Bruto | -70.5% | -69.2% | -106.5% | -37.6% | -95.8% | 16.0% | 28.2% | 32.7% | 28.3% | 58.2% |
| Margen Operativo | -142.6% | -781.8% | -199.1% | -78.8% | -419.7% | -11.8% | 8.8% | -0.6% | 11.9% | -17.2% |
| Margen Neto | -494.4% | -1206.3% | 1185.2% | -85.6% | -405.6% | -8.2% | 9.5% | 0.9% | 45.0% | -22.6% |