PDCE - PDC Energy, Inc.
| Previous Close | 7.88 |
| Open | 8.20 |
| Bid | 7.61 x 800 |
| Ask | 7.61 x 1100 |
| Day's Range | 7.24 - 8.34 |
| 52 Week Range | 4.51 - 47.29 |
| Volume | 1,438,284 |
| Avg. Volume | 2,504,812 |
| Market Cap | 759.425M |
| Beta (5Y Monthly) | 1.26 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.89 |
| Earnings Date | Apr 28, 2020 - May 03, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 26.96 |
- Barrons.com
6 Stocks That Can Survive the Oil Shock, Even if It Lasts Years, According to One Analyst
Hope for a quick rebound in oil prices has faded, and now some analysts are extending their forecasts for extremely low prices beyond 2021.
- American City Business Journals
Market collapse cuts $63B from Colorado oil producers' stock value
The stock market dive has been especially rough on oil and gas producers in Colorado, which collectively lost more than $63 billion in market value since the start of 2020. The companies' share prices have been hit by double shocks. Experts projected a drop in global oil demand due to the novel coronavirus epidemic slowing major economies.
- Thomson Reuters StreetEvents
Edited Transcript of PDCE earnings conference call or presentation 27-Feb-20 4:00pm GMT
Q4 2019 PDC Energy Inc Earnings Call
- GlobeNewswire
PDC Energy Announces Update to 2020 Operating Plan
The Company expects to reduce its full-year capital investments by 20 to 25 percent compared to its original guidance range of $1.0 to $1.1 billion and projects free cash flow(1) in excess of $150 million for the year. Production is now expected to average similar levels as pro forma 2019 volumes of approximately 200,000 barrels of oil equivalent per day, while oil production is expected to average approximately 73,000 barrels per day. Both total production and oil production estimates reflect the mid-January closing date of the Company’s merger with SRC Energy.
- Zacks
PDCE vs. NBL: Which Stock Is the Better Value Option?
PDCE vs. NBL: Which Stock Is the Better Value Option?
- Zacks
PDC Energy (PDCE) Q4 Earnings Top Estimates
PDC Energy (PDCE) delivered earnings and revenue surprises of 66.67% and -20.50%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
PDC Energy Announces 2019 Operating and Financial Results, 2020 Guidance and 2021 Outlook
DENVER, Feb. 26, 2020 -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced its 2019 full-year and fourth quarter operating and financial results. The.
- GlobeNewswire
PDC Energy Announces Results and Settlement of Purchase Offer of Outstanding 6.25% Senior Notes
PDC Energy, Inc. (“PDC” or the “Company”) (PDCE) announced today the final results and settlement of its offer to purchase for cash any and all of its outstanding 6.25% Senior Notes due 2025 (CUSIP No. 78470VAC2) (the “Notes”). PDC assumed the Notes pursuant to the Agreement and Plan of Merger, dated as of August 25, 2019, by and between PDC and SRC Energy Inc. PDC had previously offered to purchase for cash any and all aggregate principal amount of the outstanding Notes at a purchase price equal to 101% of the aggregate principal amount of such Notes, plus any accrued and unpaid interest to the date of payment, on the terms and subject to the conditions set forth in the Offer to Purchase and accompanying Letter of Transmittal, each dated January 17, 2020.
- Zacks
PDC Energy (PDCE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
- GuruFocus.com
T. Boone Pickens' BP Capital Adds 3 Energy Stocks to Portfolio
Firm of the late oil tycoon releases 4th-quarter trades Continue reading...
- Simply Wall St.
Does The PDC Energy, Inc. (NASDAQ:PDCE) Share Price Tend To Follow The Market?
If you own shares in PDC Energy, Inc. (NASDAQ:PDCE) then it's worth thinking about how it contributes to the...
- GlobeNewswire
PDC Energy Announces Fourth Quarter and Full-Year 2019 Conference Call – Thursday, February 27, 2020
DENVER, Jan. 24, 2020 -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced plans to host a conference call to discuss fourth quarter and full-year 2019.
- Kiplinger
13 Super Small-Cap Stocks to Buy for 2020 and Beyond
Small-cap stocks lagged the S&P; 500 by a wide margin last year. However, strategists say these smaller companies are set to catch up (and more) in 2020."We see three favorable factors in place for small-cap stocks: a slow economy, an accommodative Fed, and the calendar, all of which add up to positive prospects for this asset class," asset manager Legg Mason says.To get an idea of which small-cap stocks are set to break away from the pack, we scoured the S&P; SmallCap 600 Index - which includes stocks worth between $450 million and $2.1 billion at the time they enter the index - looking for names with an average broker recommendation of Buy or Strong Buy. Why? Small caps can be a risky lot given their often narrow businesses and access to capital - but a bullish consensus from the pros is at least a signal that those risks might be smaller compared to their peers, and that the potential upside is worth it.S&P; Global Market Intelligence surveys analysts' stock ratings and scores them on a five-point scale, where 1.0 equals Strong Buy and 5.0 means Strong Sell. Any score of 2.0 or lower means that analysts, on average, rate the stock a Buy. The closer the score gets to 1.0, the stronger the Buy call.We further culled that pool by considering only stocks with market values of at least $1 billion and a minimum of five Strong Buy recommendations. Lastly, we dug into research, fundamentals and headlines. The result is a list of 13 promising small-cap stocks to buy for 2020. SEE ALSO: 20 Top Stock Picks the Analysts Love for 2020
- Moody's
SRC Energy Inc. -- Moody's upgrades PDC Energy's CFR to Ba2 post SRC acquisition; outlook stable
Moody's Investors Service ("Moody's") upgraded PDC Energy's (PDC) Corporate Family Rating (CFR) to Ba2 from Ba3 and its Probability of Default Rating (PDR) to Ba2-PD from Ba3-PD. PDC's Speculative Grade Liquidity Rating was changed to SGL-1 from SGL-2.
- GlobeNewswire
PDC Energy Announces Offer to Repurchase 6.250% Senior Notes Due 2025
PDC Energy, Inc. (“PDC” or the “Company”) (PDCE) announced today that is has commenced an offer to repurchase its outstanding $550 million aggregate principal amount of 6.250% Senior Notes due 2025 (CUSIP No. 78470VAC2) (the “Notes”) at 101% of the principal amount thereof plus accrued and unpaid interest (the “Offer”), pursuant to the Indenture, dated as of November 29, 2017, as amended by that First Supplemental Indenture, dated January 14, 2020, and that Second Supplemental Indenture, dated January 14, 2020 (as so amended, the “Indenture”), among PDC (as successor to SRC Energy Inc.) and U.S. Bank National Association, as trustee. The Offer is being conducted in connection with the consummation on January 14, 2020 of the transactions contemplated by the Agreement and Plan of Merger, dated as of August 25, 2019 (the “Merger Agreement”), by and between PDC and SRC Energy Inc. (“SRC”).
- GlobeNewswire
PDC Energy, Inc. Completes Merger with SRC Energy Inc.
PDC Energy, Inc. (PDCE) (“PDC”) today announced that it has completed its acquisition of SRC Energy Inc. (SRCI) (“SRC”). The merger was previously approved by PDC stockholders and SRC shareholders at special meetings held on January 13, 2020. Each eligible share of SRC common stock issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive 0.158 shares of PDC’s common stock, with cash paid in lieu of any fractional shares.
- PR Newswire
PC Connection and Dorian LPG Set to Join S&P SmallCap 600
S&P; Dow Jones Indices will make the following changes to the S&P; SmallCap 600:
- American City Business Journals
How Colorado's oil and gas rules shaped the $1.7 billion PDC-SRC Energy merger
Colorado’s tightening oil and gas regulations played a key role in the $1.7 billion deal of the two largest oil producers based in the state. SRC Energy focused on being acquired by PDC Energy and didn’t shop itself more broadly because it believed Colorado’s strict regulatory environment would discourage out-of-state oil companies. SRC Energy Inc. (NYSE: SRCI) and PDC Energy Inc. (Nasdaq: PDCE) announced their all-stock deal Aug. 26 combining to the two Denver-based companies.
- Simply Wall St.
Investors Who Bought PDC Energy (NASDAQ:PDCE) Shares Three Years Ago Are Now Down 71%
As an investor, mistakes are inevitable. But you have a problem if you face massive losses more than once in a while...
- Insider Monkey
Here is What Hedge Funds Think About PDC Energy Inc (PDCE)
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
- American City Business Journals
Dealmaking in oil and gas is running dry. Here's what it means for Colorado.
A flurry of oil and gas industry mergers in early fall buoyed what has been a quiet market for deals. Experts says its a sign of declining investor confidence even as companies producing oil and natural gas from onshore shale basins like Colorado’s Denver-Julesburg Basin set new records in production. The industry is caught between debt taken on in 2017 and 2018 as companies raced to establish growth amid high oil prices and the sudden lack of confidence in the sector now that lower oil prices have lingered and U.S. oil production continues to boom and contribute to oversupply.
- Thomson Reuters StreetEvents
Edited Transcript of PDCE earnings conference call or presentation 7-Nov-19 4:00pm GMT
Q3 2019 PDC Energy Inc Earnings Call
- Zacks
PDC Energy (PDCE) Reports Q3 Loss, Tops Revenue Estimates
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?
