PDCE - PDC Energy EPS beats by $0.42 misses on revenue

PDC Energy (NASDAQ:PDCE): Q2 Non-GAAP EPS of $1.66 beats by $0.42; GAAP EPS of -$0.88 misses by $2.13. Revenue of $228.87M (+320.6% Y/Y) misses by $246.72M. The company updated its Full-Year 2021 guidance and now expects oil production of 64,000 to 66,000 Bbls per day and expected total production of 190,000 to 195,000 Boe per day. It further anticipates over $800M of FCF assuming $65 per Bbl WTI, $3.50 per Mcf NYMEX natural gas and NGL realizations of ~$20 per Bbl for the remainder of the year. Press Release

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PDC Energy EPS beats by $0.42, misses on revenue