|Bid||0.00 x 1100|
|Ask||0.00 x 1000|
|Day's Range||38.25 - 41.47|
|52 Week Range||38.13 - 66.20|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Some of Colorado’s independent oil exploration companies this week notched big jumps in quarterly production and sales from new wells drilled in Colorado and Texas oil fields. Extraction Oil and Gas, PDC Energy and Jagged Peak, public companies all based in Denver, topped 20 percent year-over-year growth as new wells were brought into production and reaped relatively healthy oil prices in the third quarter.
It’s a green day on Wall Street after the Democrats won back control of the House. Although a split Congress likely means less laws passed, investors evidently like the more ‘checks’ part in the checks and balances of government. Among the stocks that are on the move after election day are Newell Brands Inc. (NYSE:NWL), Office Depot […]
Shares of oil and gas companies with operations in Colorado jumped on Wednesday. Voters rejected a ballot proposal that would have placed tough restrictions on drilling in the Centennial State. Bonanza Creek Energy, Extraction Oil and Gas and PDC Energy are posting strong stock price gains.
The two explorers collectively control drilling rights to about 750,000 acres -- assets they might not be able to drill if voters approve Proposition 112, a measure that would curb oil and gas development across more than half the Rocky Mountain state. Other exposed companies include BP Plc, Extraction Oil & Gas Inc., PDC Energy Inc., SRC Energy Inc., HighPoint Resources Corp., and Bonanza Creek Energy Inc., according to Bloomberg Intelligence.
PDC Energy (PDCE) delivered earnings and revenue surprises of -18.64% and -18.30%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Denver-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs, were 48 cents per share. The results fell short of Wall Street expectations. The ...
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.
Investors need to pay close attention to PDC Energy (PDCE) stock based on the movements in the options market lately.
Between September 7 and 14, integrated energy stock Petrobras (PBR) fell the most on our list of energy stocks, which also included the following: SPDR S&P Oil & Gas Exploration & Production ETF (XOP) Energy Select Sector SPDR ETF (XLE) Alerian MLP ETF (AMLP) VanEck Vectors Oil Services ETF (OIH)
HighPoint Resources (HPR), which is primarily based in the Denver-Julesburg and Uintah basins, was the weakest E&P (exploration and production) stock last week, falling 21.6%. It fell sharply after the company’s second-quarter earnings missed analysts’ estimate—HPR posted EPS of -$0.22, while analysts had expected it to see a marginal profit. Moreover, the company lowered its natural gas and NGL (natural gas liquid) production guidance for this year due to pipeline constraints. However, the company maintained its 2019 production guidance.
PDC Energy (PDCE) delivered earnings and revenue surprises of -8.20% and -29.79%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Denver-based company said it had a loss of $2.43. Earnings, adjusted for asset impairment costs and non-recurring costs, were 56 cents per share. The results missed Wall Street ...
The EIA (U.S. Energy Information Administration) released its gasoline inventory data on July 25. The EIA reported that US gasoline inventories decreased by 2.3 MMbbls (million barrels) to 233.5 MMbbls on July 13–20. However, the inventories increased by 3.3 MMbbls or 1.4% from a year ago.
The EIA (U.S. Energy Information Administration) estimates that the US crude oil output was steady at 11 MMbpd (million barrels per day) on July 13–20. The production was steady at a record high for the second consecutive week. The production increased by ~2 MMbpd or 22.2% from a year ago.
The EIA (U.S. Energy Information Administration) released its gasoline inventory data yesterday, reporting that US gasoline inventories fell by 3.2 MMbbls (million barrels) to 235.8 MMbbls last week but rose by 4.6 MMbbls (2%) YoY (year-over-year). Reuters had earlier estimated that US gasoline inventories would drop by ~44,000 barrels during the week. US gasoline futures rose 0.9% to $2.04 per gallon yesterday due to gasoline inventories falling more than expected. The drop also supported oil prices, with WTI crude oil futures rising 1%.
NOC (National Oil Corporation) is Libya’s state-owned oil company. On July 2, NOC announced a force majeure on loadings from its Zueitina and Hariga ports. The expected production loss is ~850,000 bpd (barrels per day) due to the shutdown of Libya’s eastern oilfields and ports.