PDCE - PDC Energy Looks Like A Buy With The Oil Price Spiking Up And A New Acquisition
- PDCE is an exploration and production company with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas.
- In my view, with the recent increase in proved reserves delivered for the year ended December 31, 2021, PDCE will likely receive a lot of attention from investors.
- It is also very relevant that PDCE does operate a substantial number of its own wells, which means that management has full visibility of what’s going on.
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PDC Energy Looks Like A Buy With The Oil Price Spiking Up And A New Acquisition