PDC Energy, Inc. (PDCE)

Market Cap	5.67B
Revenue (ttm)	3.85B
Net Income (ttm)	1.78B
Shares Out	88.39M
EPS (ttm)	18.49
PE Ratio	3.47
Forward PE	3.79
Dividend	$2.10 (3.27%)
Ex-Dividend Date	Mar 1, 2023

Volume	621,143
Open	63.42
Previous Close	62.97
Day's Range	63.27 - 64.68
52-Week Range	51.72 - 89.22
Beta	2.55
Analysts	Buy
Price Target	89.25 (+39.06%)
Earnings Date	May 2, 2023

About PDCE

PDC Energy, Inc., an independent exploration and production company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the United States. The company's operations are primarily located in the Wattenberg Field in Colorado and the Delaware Basin in Texas. As of December 31, 2021, it owned interests in approximately 3,500 productive gross wells. The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc. in June 2012. PDC Energy, Inc. was founded in 19...

• Industry: Oil & Gas E&P
• Sector: Energy
• Founded: 1969
• Employees: 535
• Stock Exchange: NASDAQ
• Ticker Symbol: PDCE

Financial Performance

In 2022, PDC Energy's revenue was $3.85 billion, an increase of 107.22% compared to the previous year's $1.86 billion. Earnings were $1.78 billion, an increase of 240.43%.

Analyst Forecast

According to 22 analysts, the average rating for PDCE stock is "Buy." The 12-month stock price forecast is $89.25, which is an increase of 39.06% from the latest price.

Price Target

$89.25

(39.06% upside)

Analyst Consensus: Buy