Stonegate Initiates Coverage on PEDEVCO, Sees 35% FY25 Output Boost

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Stonegate Capital Partners has initiated coverage on PEDEVCO Corp. (NYSE: PED), predicting a 35% increase in production for fiscal year 2025 following its merger with Juniper. The firm project that PEDEVCO’s lease operating expenses could be reduced by up to $1 million per month through optimization efforts, leading to significant margin expansion. The report highlights the company’s expanded asset base and strong financial performance in Q4 2025 post-merger.

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