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PDCE - PDC Energy Shoulders Too Much Future Burden From Colorado Regulations
June, 01 2021 02:54 AM
PDC Energy Inc.
PDC Energy is a Wattenberg (Colorado)-focused producer and thus subject to the state’s new, strict regulations on future oil and gas drilling. The company’s market cap is $4.2 billion. It has just announced a $0.12/quarter dividend (yield of 1.1%). Its 1Q21 production mix was 31% oil. Current higher oil and gas prices have benefited the economics of PDC Energy’s project slate, as is true for all oil and gas companies. For further details see:
PDC Energy Shoulders Too Much Future Burden From Colorado Regulations
Stock Information
Company Name:
PDC Energy Inc.
Stock Symbol:
PDCE
Market:
NASDAQ
Website:
pdce.com
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