|Bid||24.06 x 900|
|Ask||24.07 x 900|
|Day's Range||23.06 - 24.33|
|52 Week Range||19.57 - 47.29|
|Beta (3Y Monthly)||0.93|
|PE Ratio (TTM)||11.05|
|Earnings Date||Nov 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||43.32|
With oil prices low, what M&A; has happened occurs amid expectations of a tough 2020 for oil and gas companies.
PDC Energy (PDCE) delivered earnings and revenue surprises of -230.00% and 10.22%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
DENVER, Nov. 06, 2019 -- PDC Energy, Inc. ("PDC", "Company", “we” or “us”) (NASDAQ: PDCE) today reported its 2019 third quarter financial and operating results. Third.
PDC Energy (PDCE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Legendary investors such as Jeffrey Talpins and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don't publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That's why we analyze the […]
The oil and gas industry is pouring money into the campaigns of candidates in local elections this fall, motivated by the changed Colorado law allowing local governments more control over well sites. Listeners to KOA radio in recent days heard an $80,575 oil and gas-backed radio ad campaign supporting three candidates running for city council in Greeley, a northeastern Colorado city in the oil-rich Denver-Julesburg Basin. The radio spots are part of $147,785 spent Oct. 17 by the Denver-based Colorado Petroleum Council on digital, radio and mail advertising in support of Greeley council candidates John Gates, Dale Hall and Blythe Driver, campaign finance records show.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of PDC Energy and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Running an oil and gas company is a well-paying gig, no matter how you look at it. The industry is famed for making company leaders rich, especially in boom times. The CEOs of oil and natural gas businesses based in Denver receive annual compensation worth millions of dollars, ranking them among the top-paid executives in the city.
DENVER, Oct. 07, 2019 -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced plans to host a conference call to discuss third quarter 2019 results. The.
Mangrove Partners was founded by Nathaniel August, who is also the fund’s president and portfolio manager. Mr August holds a B.A. from Brown University, and prior to launching his fund, he worked as a director at White Eagle Partners, as an Investment Analyst at K Capital Partners, as a Senior Analyst at Brahman Capital Partners, […]
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of PDC Energy, Inc...
BP plc (BP) farmed out of Alaska, selling its entire business to Hilcorp Energy for $5.6 billion, while Equinor (EQNR) indicated an earlier-than-expected start up of the giant Johan Sverdrup field.
Read the beginning of this article here. The most valuable stake Mangrove Partners held in its equity portfolio at the end of Q2 2019, was in an oil and gas producer, PDC Energy, Inc. (NASDAQ: PDCE). The fund reported holding 2.02 million company’s shares, with a value of $72.92 million, amassing 8.24% of its 13F […]
NEW YORK , Aug. 29, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of SRC Energy Inc. ("SRC" or ...
The acquisition of SRC Energy will make PDC Energy (PDCE) the second-largest oil producer in the Denver-Julesburg Basin after Houston-based Occidental Petroleum.
Moody's Investors Service ("Moody's") placed the ratings of PDC Energy (PDC, Ba3) under review for upgrade following the August 26, 2019 announcement of a definitive agreement to acquire SRC Energy Inc. (SRC, B1). Concurrent with this action, SRC's ratings were also placed under review for upgrade.
Oil prices rallied slightly at the start of the week on the back of what many consider false hope of a trade war de-escalation and a thawing of tensions between the U.S. and Iran.
NEW YORK, Aug. 27, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased SRC Energy Inc. (“SRC” or the.
It’s been another difficult year for oil stock investors so far, and one analyst adjusted his ratings on two exploration and production stocks. The Analyst MKM Partners analyst John Gerdes downgraded SRC ...