PDCE News and Press, PDC Energy Inc. From 02/22/23

PDC Energy press release ( NASDAQ: PDCE ): Q4 Non-GAAP EPS of $3.22 beats by $0.14 . Revenue of $879.5M (+2.9% Y/Y) misses by $12.61M . Total production of 22.7 million barrels of oil equivalent (“MMBoe”) or approximately 247,000 Boe per day and oil produ...

DENVER, Feb. 22, 2023 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) announced its full year and fourth quarter 2022 financial and operating results and provided 2023 guidance. 2022 Fourth Quarter Highlights: Total productio...

PDC Energy ( NASDAQ: PDCE ) declares $0.40/share quarterly dividend , 14.3% increase from prior dividend of $0.35. Forward yield 2.44% Payable March 16; for shareholders of record March 2; ex-div March 1. PDC also announced that the Board of Directors approved an i...

DENVER, Feb. 16, 2023 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) announced today that its Board of Directors declared an increase to its quarterly cash dividend from $0.35 to $0.40 per share on PDC’s outstanding common stock. The...

Summary PDC is projected to generate $1.075 billion in free cash flow in 2023 at current strip, before the effect of cash income taxes. It received approval for its Guanella CAP, which includes approximately 450 wells. This gives it line of sight for DJ Basin development activity in...

DENVER, Jan. 31, 2023 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced plans to host a conference call to discuss fourth quarter and full-year 2022 operating and financial results. The Company plans to issue its news release a...

Summary The company’s financial position looks healthy and it reported strong Q3 results. It is focused on returning value to shareholders through dividends and share repurchases. Demand for energy commodities will drive the stock’s future performance. Investment...

Summary Harris Associates is an asset management firm that serves as the investment adviser to the Oakmark Funds. We are value investors. The Equity and Income Fund increased 7.2% in the fourth quarter, compared to a 6.4% increase for the Lipper Balanced Fund Index. Energy was the c...

Summary If you're a dividend investor, don't just look at high dividend yields lest your returns are undermined by capital depreciation. Healthy yields in companies showing relative strength are optimal. Lack of O&G upstream capex makes E&P players relative outperformers. Ch...

DENVER, Dec. 08, 2022 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (“COGCC”) unanimously approved, with overwhelming support of PDC’s efforts, the...