Inactive Instrument

PDC Energy, Inc.

Equities

PDCE

US69327R1014

Oil & Gas Exploration and Production

PDC Energy, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

August 01, 2023 at 04:32 pm EDT

PDC Energy, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 871.81 million compared to USD 1,138.49 million a year ago. Net income was USD 288.71 million compared to USD 662.38 million a year ago. Basic earnings per share from continuing operations was USD 3.31 compared to USD 6.83 a year ago. Diluted earnings per share from continuing operations was USD 3.28 compared to USD 6.74 a year ago.
For the six months, revenue was USD 1,829.48 million compared to USD 1,454.94 million a year ago. Net income was USD 702.84 million compared to USD 630.42 million a year ago. Basic earnings per share from continuing operations was USD 8.01 compared to USD 6.52 a year ago. Diluted earnings per share from continuing operations was USD 7.93 compared to USD 6.42 a year ago.

Latest news about PDC Energy, Inc.

Chevron U.S.A. Inc. Announces to Terminate the Offer to Exchange Any and All Validly Tendered 5.750% Senior Notes Due 2026 Issued by PDC Energy, Inc	23-08-21	CI
Chevron Corporation and Chevron U.S.A. Inc. Extends Early Participation Date to August 18, 2023 and Expiration Date to September 1, 2023 of Its Offer to Exchange 5.750% Senior Notes Due 2026	23-08-14	CI
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from S&P 400 Oil, Gas & Consumable Fuels	23-08-08	CI
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from S&P 400 Energy	23-08-08	CI
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from S&P 400 Oil & Gas Exploration & Production (Sub Ind)	23-08-08	CI
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from S&P 400	23-08-08	CI
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from S&P TMI Index	23-08-08	CI
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from S&P 1000	23-08-08	CI
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from S&P Global BMI Index	23-08-08	CI
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from S&P Composite 1500	23-08-08	CI
Sector Update: Energy Stocks Slightly Higher Late Monday	23-08-07	MT
Sector Update: Energy Stocks Rising Monday Afternoon	23-08-07	MT
Chevron Completes Acquisition of PDC Energy	23-08-07	MT
PDC Energy, Inc.(NasdaqGS:PDCE) dropped from NASDAQ Composite Index	23-08-07	CI
PDC Energy, Inc.'s Equity Buyback announced on May 1, 2019, has expired.	23-08-06	CI
Chevron Corporation completed the acquisition of PDC Energy, Inc. from The Vanguard Group, Inc., BlackRock, Inc., FMR LLC, Dimensional Fund Advisors LP and others.	23-08-06	CI
Chevron Corporation Offers to Exchange 5.750% Senior Notes Due 2026 Issued by PDC Energy, Inc	23-08-03	CI
Penske Automotive Group to Replace Univar Solutions in S&P MidCap 400 Index	23-08-02	MT
Tranche Update on PDC Energy, Inc.'s Equity Buyback Plan announced on May 1, 2019.	23-08-01	CI
PDC Energy, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-01	CI
Great Power Rivalry Looms Over Ukraine Grain Deal -- Commodities Roundup	23-07-28	DJ
US oil M&A jumps as private equity unloads shale assets	23-07-25	RE
Chevron's Q2 Adjusted Earnings Fall	23-07-24	MT
Chevron Reports Better-Than-Expected Second-Quarter Earnings Update; Hires New Finance Chief	23-07-24	MT
Chevron's $6 billion second-quarter profit tops analysts' outlook	23-07-23	RE

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Company Profile

PDC Energy, Inc. is an exploration and production company. The Company acquires, explores, and develops properties for the production of crude oil, natural gas and natural gas liquids (NGLs), with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas. Its operations in the Wattenberg Field are focused on the horizontal Niobrara and Codell plays, and its Delaware Basin operations are primarily focused on the horizontal Wolfcamp zones. The Company owns an interest in approximately 4,100 gross productive wells. The Company's wholly owned subsidiaries include PDC Permian, Inc., and Pioneer Water Pipeline LLC.

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