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home / news releases / PDCE - PDC Energy Is Biding Its Time


PDCE - PDC Energy Is Biding Its Time

PDC Energy (PDCE) is one of the financially stronger producers in the industry. As such, this management can simply wait for more favorable industry conditions. That appears to be exactly what this management is going to do.

The second quarter could throw a lot of company ratios way off in the industry. But that quarter is likely to be treated as an anomaly. Some competitors will be sufficiently hedged to get through the quarter without major changes to key debt ratios while others may need to get a covenant variance as a result

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Stock Information

Company Name: PDC Energy Inc.
Stock Symbol: PDCE
Market: NASDAQ
Website: pdce.com

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