PEDEVCO PED Impairment Of Oil And Gas Properties
Impairment Of Oil And Gas Properties at other companies
Other financials
Where this comes from
Reported directly by PEDEVCO in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfOilAndGasProperties.
The official record: PEDEVCO’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is PEDEVCO's impairment of oil and gas properties?
- PEDEVCO (PED) reported impairment of oil and gas properties of $1.61M in Q1 2026.
- How has PEDEVCO's impairment of oil and gas properties changed year-over-year?
- PEDEVCO's impairment of oil and gas properties increased by 591.8% year-over-year, from $232K to $1.61M.
- What does impairment of oil and gas properties mean?
- This represents the non-cash charge recognized when the carrying value of oil and gas assets exceeds their estimated recoverable fair value. It reflects downward revisions in reserve valuations or adverse changes in commodity price outlooks. Investors monitor this to assess the quality of the company's asset base and the accuracy of historical capital expenditure valuations.