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PDC Energy Inc (PDCE.OQ)

PDCE.OQ on NASDAQ Stock Exchange Global Select Market

46.96USD
11:57am EDT
Change (% chg)

$-0.30 (-0.63%)
Prev Close
$47.26
Open
$47.59
Day's High
$47.59
Day's Low
$46.76
Volume
121,226
Avg. Vol
443,953
52-wk High
$84.88
52-wk Low
$36.76

Latest Key Developments (Source: Significant Developments)

PDC Energy Q2 earnings per share $0.62
Tuesday, 8 Aug 2017 08:00am EDT 

Aug 8 (Reuters) - PDC Energy Inc ::PDC Energy announces 2017 second quarter results with 54 pct production increase to 8.0 million barrels of oil equivalent.Q2 earnings per share $0.62.Q2 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.Q2 adjusted non-gaap earnings per share $0.19.Q2 revenue $275.2 million versus $20.1 million.Q2 revenue view $212.5 million -- Thomson Reuters I/B/E/S.Qtrly ‍production of 8.0 million barrels of oil equivalent, a 54 percent increase year-over-year​.Qtrly ‍daily production of approximately 88,100 barrels of oil equivalent​.Qtrly ‍oil production of 3.2 million barrels, a 62 percent increase year-over-year​.‍"we expect full-year capital to be approximately $800 million​" for 2017.  Full Article

PDC Energy issues response to Clean Air Act complaint
Monday, 26 Jun 2017 08:37pm EDT 

June 26 (Reuters) - PDC Energy Inc ::PDC Energy issues response to clean air act complaint.PDC Energy Inc says have worked diligently to design, maintain and operate our production facilities in compliance with guidelines.PDC Energy Inc says "very disappointed with today's filing as we have been in continuous discussions with EPA, DoJ and state of colorado for over a year".  Full Article

PDC Energy files for offer and sale, from time to time, of up to 9.4 mln shares - SEC Filing
Monday, 5 Jun 2017 09:00am EDT 

June 5 (Reuters) - Pdc Energy Inc :PDC Energy files for offer and sale, from time to time, of up to 9.4 million shares of co's common stock by selling stockholders - SEC Filing.  Full Article

PDC Energy and subsidiary guarantors entered into fifth amendment to third amended
Tuesday, 16 May 2017 04:22pm EDT 

May 16 (Reuters) - Pdc Energy Inc :On May 10, co and subsidiary guarantors entered into fifth amendment to third amended and restated credit agreement dated as of May 21.Says fifth amendment amends existing credit agreement to reflect increase of borrowing base thereunder to $950 million from $700 million.  Full Article

PDC Energy Q1 earnings per share $0.70
Friday, 5 May 2017 08:00am EDT 

May 5 (Reuters) - PDC Energy Inc :PDC Energy announces 2017 first quarter operating and financial results including production increase of 46% to 6.6 million barrels of oil equivalent.Q1 earnings per share $0.70.Q1 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S.Q1 adjusted non-gaap loss per share $0.06.Qtrly production of 6.6 million barrels of oil equivalent ("mmboe"), a 46 percent increase year-over-year.Qtrly daily production of approximately 73,865 barrels of oil equivalent ("boe").PDC Energy Inc - company anticipates 2017 production to be within top-third of its previously disclosed guidance range of 30 to 33 mmboe.PDC Energy Inc - 2017 capital investments expected to be in top half of its $725 to $775 million range.PDC Energy Inc - company plans to pursue 2017 divestiture of it utica shale asset.  Full Article

PDC Energy sees 2017 production 30.0 MMBoe-33.0 MMBoe
Tuesday, 28 Feb 2017 08:00am EST 

Pdc Energy Inc : Q4 2016 production increased 34% to 69,620 boe/d, compared to 51,980 boe/d in q4 of 2015 . Pdc energy announces 2016 full-year and fourth quarter operating and financial results; production increase of 44 percent to 22.2 mmboe . Q4 loss per share $0.94 . Q4 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Pdc energy inc sees 2017 capital expenditures $ 725 million- $ 775 million .Pdc energy inc sees 2017 production 30.0 mmboe - 33.0 mmboe.  Full Article

PDC Energy announces year-end 2016 proved reserves of nearly 341 MMBoe and full-year 2016 production increase of 44 pct to 22.2 MMBoe
Wednesday, 1 Feb 2017 04:15pm EST 

PDC Energy Inc : PDC Energy announces year-end 2016 proved reserves of approximately 341 mmboe and full-year 2016 production increase of 44% to 22.2 MMBoe . PDC Energy announces year-end 2016 proved reserves of approximately 341 mmboe and full-year 2016 production increase of 44% to 22.2 MMBoe . PDC Energy Inc - Year-end 2016 proved reserves of 341.4 million barrels of oil equivalent .PDC Energy Inc - Estimated 2016 production of 22.2 MMBoe, a 44% increase over 2015..  Full Article

PDC Energy buys about 4,500 net acres in core Delaware basin
Wednesday, 4 Jan 2017 08:30am EST 

PDC Energy Inc : PDC Energy announces bolt-on acquisition of approximately 4,500 net acres in the core Delaware basin . PDC Energy Inc - deal for approximately $118 million .PDC Energy Inc - PDC's working interest in acquired leasehold is 100 percent and PDC expects to operate 100 percent of properties.  Full Article

PDC energy announces 2017 capital budget of $725 to $775 million
Monday, 5 Dec 2016 08:00am EST 

Pdc Energy Inc - : PDC energy announces 2017 capital budget of $725 to $775 million; anticipates greater than 40% annual production growth with projected year-end 2017 debt to ebitdax of approximately 1.8x . Sees annual production of approximately 30.0 to 33.0 million barrels of oil equivalent in 2017 . Sees oil production to account for approximately 43% of total production in 2017 . Sees year-end 2017 cash on hand of about $200 million, debt to ebitdax of about 1.8 times .Q1 2017 production is expected to be in-line with anticipated q4 2016 volumes due to timing of turn-in-lines.  Full Article

PDC Energy Inc appointed David Honeyfield as company's CFO
Thursday, 1 Dec 2016 05:24pm EST 

Pdc Energy Inc :PDC Energy Inc appointed David Honeyfield as company's chief financial officer, such appointment to become effective on December 19, 2016.  Full Article

BRIEF-PDC Energy consolidates core Wattenberg position through Bolt-on acquisition and strategic acreage trade

* PDC Energy consolidates core Wattenberg position through Bolt-on acquisition and strategic acreage trade