PDCE - PDC Energy Non-GAAP EPS of $2.61 misses by $0.26 revenue of $957.67M beats by $207.38M
2023-05-03 16:49:58 ET
- PDC Energy press release ( NASDAQ: PDCE ): Q1 Non-GAAP EPS of $2.61 misses by $0.26 .
- Revenue of $957.67M (+202.6% Y/Y) beats by $207.38M .
- Returned approximately $170 million of capital to shareholders through the repurchase of approximately 2.1 million shares, or approximately 2.5 percent of common stock outstanding, and a $0.40 base dividend.
- Total production of 22.0 million barrels of oil equivalent (“MMBoe”) or approximately 244,000 Boe per day and oil production of 6.9 million barrels (“MMBbls”) or approximately 77,000 Bbls per day.
- Set aggressive, but achievable year-over-year GHG and methane intensity reduction goals for 2023 of approximately 20% and 40%, respectively.
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PDC Energy Non-GAAP EPS of $2.61 misses by $0.26, revenue of $957.67M beats by $207.38M