PDCE News and Press, PDC Energy Inc. From 05/22/23

2023-05-22 09:40:42 ET Chevron (NYSE: CVX) is making a big splash. The oil giant has agreed to acquire PDC Energy (NASDAQ: PDCE) in an all-stock deal valuing the oil and gas producer at $7.6 billion, including the assumption of debt. The company expects the hig...

Complementary to Chevron’s operations in important U.S. production basins Adds 10% to oil equivalent proved reserves for under $7 per barrel Accretive to earnings per share and return on capital employed (ROCE) Expected to add $1 billion to annual free cash flow ...

2023-05-04 16:31:09 ET PDC Energy, Inc. (PDCE) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Aaron Vandeford – Director-Investor Relations Bart Brookman – President and Chief Executive Officer Scott Meyers – Ex...

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 approxima...

DENVER, May 03, 2023 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” the “Company”, “we”, “us”, “our’) (Nasdaq:PDCE) today announced its 2023 first quarter financial and operating results and updates second quarter production and f...

2023-04-25 22:17:59 ET Summary PDC Energy looks capable of generating approximately $900 million in free cash flow during 2023 at current strip. This is more than the $825 million it estimated in late February, as current strip is a bit more favorable than the $75 oil and $3 gas t...

2023-04-24 10:14:29 ET Summary The March trifecta of oil prices in the $60s, crashing natural gas and the banking crisis did serious damage to onshore oilfield services stocks. Yet, the fundamentals for Liberty Energy are holding steady; the company beat its Q1 earnings estimates....

2023-04-11 08:55:03 ET Summary Thirty-eight mid-cap energy producers were evaluated using a quality matrix with factors including Price/Sales, Net Income Margin, Free Cash Flow Margin, and Total Debt/Market Cap. The quality matrix is a broad effort to identify those mid-cap produc...

DENVER, April 10, 2023 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced plans to host a conference call to discuss first quarter 2023 operating and financial results. The Company plans to issue its news release after market cl...

2023-04-05 00:18:19 ET Summary OPEC+ decided to cut oil production starting in May by 1.16 million barrels per day. This cut should last through the rest of the year and it seems to solve the disparity that existed between OPEC and the EIA. The move higher is warranted, and in...