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PDC Energy (PDCE) stood firm as oil prices plunged in the second quarter and now, after WTI's climb to $40 a barrel, the company looks all set to grow earnings and generate strong levels of free cash flows. Its debt will also likely decline as the company uses free cash flows to repay borrowings. The Denver, Colorado-based company's output has held up well during the downturn. Although its production might decline in the second quarter but should gradually recover back to Q1-2020 levels by the final quarter of next year. PDC Energy stock