NASDAQ:PDCE PDC Energy (PDCE) Stock Forecast, Price & News $73.85 0.00 (0.00%) (As of 09/5/2023) Add Compare Share Share Today's Range$73.85▼$73.8550-Day Range$71.11▼$75.8952-Week Range$51.85▼$82.24VolumeN/AAverage Volume1.35 million shsMarket Capitalization$6.43 billionP/E Ratio3.15Dividend Yield2.17%Price Target$80.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PDC Energy MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside9.3% Upside$80.75 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainability-8.16Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$177,175 Sold Last QuarterProj. Earnings Growth27.55%From $12.27 to $15.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsOils/Energy Sector143rd out of 236 stocksCrude Petroleum & Natural Gas Industry55th out of 77 stocks 1.1 Analyst's Opinion Consensus RatingPDC Energy has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $80.75, PDC Energy has a forecasted upside of 9.3% from its current price of $73.85.Amount of Analyst CoveragePDC Energy has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PDCE. Previous Next 2.5 Dividend Strength Dividend YieldPDC Energy pays a meaningful dividend of 2.17%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPDC Energy has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of PDC Energy is 8.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PDC Energy will have a dividend payout ratio of 10.22% next year. This indicates that PDC Energy will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePDC Energy has received a -100.37% net impact score from Upright. The largest negative impact of PDC Energy in category "GHG emissions" seems to be driven mostly by its "Natural gas drilling services", "Oil drilling services", and "Natural gas exploration services" products. See details.Environmental SustainabilityThe Environmental Impact score for PDC Energy is -8.16. Previous Next 2.0 News and Social Media Coverage News SentimentPDC Energy has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for PDC Energy this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for PDCE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows6 people have added PDC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PDC Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $177,175.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of PDC Energy is held by insiders.Percentage Held by Institutions95.18% of the stock of PDC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for PDC Energy are expected to grow by 27.55% in the coming year, from $12.27 to $15.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PDC Energy is 3.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.37.Price to Earnings Ratio vs. SectorThe P/E ratio of PDC Energy is 3.15, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.41.Price to Earnings Growth RatioPDC Energy has a PEG Ratio of 0.16. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPDC Energy has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PDC Energy (NASDAQ:PDCE) StockPDC 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. 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 1969 and is headquartered in Denver, Colorado.Read More PDCE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PDCE Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on PDC Energy (NASDAQ:PDCE)September 14, 2023 | americanbankingnews.comPDC Energy (NASDAQ:PDCE) Receives New Coverage from Analysts at StockNews.comSeptember 23, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.August 21, 2023 | bloomberg.comChevron Cancels Debt Exchange With PDC Bondholders After PushbackAugust 15, 2023 | finance.yahoo.comGeorge Soros' Q2 2023 Investment Moves: A Deep DiveAugust 9, 2023 | cbsnews.comChevron acquires PDC Energy, creating the largest oil & gas business in ColoradoAugust 8, 2023 | finance.yahoo.comChevron merger deal rewarded departing PDC Energy execs with more than $100 millionAugust 7, 2023 | finance.yahoo.comChevron Closes PDC Deal On Shareholders' Nod; Oil Touches 10-Month HighSeptember 23, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 7, 2023 | finance.yahoo.comChevron exec explains vision for merged business as $7.6 billion deal for Colorado's PDC Energy closesJuly 23, 2023 | benzinga.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates UBA, UBP, PDCE, WTT, GHLJuly 15, 2023 | markets.businessinsider.comCVX, COP, or SLB: Which Energy Stock is the Best Pick?July 12, 2023 | finance.yahoo.comHere’s Why Oakmark Equity and Income Fund is Holding PDC Energy (PDCE)July 8, 2023 | finance.yahoo.comPDC Energy, Inc.'s (NASDAQ:PDCE) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?July 6, 2023 | benzinga.comMoore Kuehn Encourages DICE, PDCE, EMAN, and NETI Investors to Contact Law FirmJune 29, 2023 | reuters.comChevron offers to sell oil and gas properties in New Mexico, TexasJune 27, 2023 | finance.yahoo.comEnergy Stocks Have Had a Rough Year. But These 5 Are Thriving.June 21, 2023 | msn.comThis Oil Dividend Stock's $4.7 Billion Deal Takes It in the Opposition Direction as ChevronJune 6, 2023 | finance.yahoo.comPDCE - PDC Energy, Inc.June 5, 2023 | proactiveinvestors.comChevron’s PDC Energy acquisition adds to ‘Outperform’ case, says brokerMay 31, 2023 | fool.comPDC Energy (NASDAQ: PDCE)May 27, 2023 | msn.comPDC Energy (PDCE) Declares $0.40 DividendMay 26, 2023 | seekingalpha.comPDC Energy: $7.6 Billion Acquisition By Chevron Appears To Be At A Fair PriceMay 26, 2023 | forbes.comChevron's PDC Energy Acquisition Signals ConfidenceMay 25, 2023 | businesswire.comPDC ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PDC Energy, Inc. - PDCEMay 24, 2023 | msn.comPDC Energy declares $0.40 dividendMay 24, 2023 | bizjournals.comHow Chevron's $7.6 billion PDC Energy acquisition benefitted from Colorado's bad reputationSee More Headlines Receive PDCE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PDC Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address PDCE Company Calendar Last Earnings8/01/2023Today9/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNASDAQ:PDCE Previous SymbolNASDAQ:PETD CUSIP69327R10 CIK77877 Webwww.pdce.com Phone(303) 860-5800Fax303-831-3988Employees616Year FoundedN/APrice Target and Rating Average Stock Price Forecast$80.75 High Stock Price Forecast$93.00 Low Stock Price Forecast$74.00 Forecasted Upside/Downside+9.3%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$20.01 Trailing P/E Ratio3.15 Forward P/E Ratio6.02 P/E Growth0.16Net Income$1.78 billion Net Margins43.85% Pretax Margin56.59% Return on Equity28.47% Return on Assets14.49% Debt Debt-to-Equity Ratio0.34 Current Ratio0.49 Quick Ratio0.49 Sales & Book Value Annual Sales$4.68 billion Price / Sales1.37 Cash Flow$24.06 per share Price / Cash Flow3.07 Book Value$43.22 per share Price / Book1.71Miscellaneous Outstanding Shares87,005,000Free Float85,700,000Market Cap$6.43 billion OptionableOptionable Beta2.47 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Barton R. Brookman Jr. (Age 61)CEO, Pres & Director Comp: $1.95MMr. R. Scott Meyers (Age 48)Exec. VP & CFO Comp: $953.18kMr. David J. Lillo (Age 57)Sr. VP of Operations Comp: $775.35kMs. Nicole L. Martinet (Age 46)Gen. Counsel, Sr. VP & Corp. Sec. Comp: $851.52kMr. Lance A. Lauck (Age 61)Exec. VP of Corp. Devel. & Strategy Comp: $917.21kMr. Troy Welling (Age 44)Chief Accounting Officer and VP of Change of Control & Severance Plan Mr. Erik RoachDirector of Reservoir Engineering & TechnologyMs. Sandra E. Jacoby (Age 41)Sr. VP of Corp. Admin. Mr. Aaron VandefordDirector of Investor RelationsMr. George B. Courcier (Age 66)VP of Marketing & Midstream More ExecutivesKey CompetitorsSouthwestern EnergyNYSE:SWNMatador ResourcesNYSE:MTDRSM EnergyNYSE:SMKosmos EnergyNYSE:KOSComstock ResourcesNYSE:CRKView All CompetitorsInsiders & InstitutionsBarclays PLCBought 248,896 shares on 9/21/2023Ownership: 0.346%Alberta Investment Management CorpBought 70,500 shares on 8/24/2023Ownership: 0.081%Virginia Retirement Systems ET ALBought 15,200 shares on 8/22/2023Ownership: 0.017%Osaic Holdings Inc.Sold 1,924 shares on 8/21/2023Ownership: 0.003%BOKF NASold 5,618 shares on 8/21/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions PDCE Stock - Frequently Asked Questions Should I buy or sell PDC Energy stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PDCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDCE, but not buy additional shares or sell existing shares. View PDCE analyst ratings or view top-rated stocks. What is PDC Energy's stock price forecast for 2023? 5 Wall Street analysts have issued 1 year price targets for PDC Energy's stock. Their PDCE share price forecasts range from $74.00 to $93.00. On average, they expect the company's stock price to reach $80.75 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price. View analysts price targets for PDCE or view top-rated stocks among Wall Street analysts. How have PDCE shares performed in 2023? PDC Energy's stock was trading at $63.48 at the beginning of 2023. Since then, PDCE shares have increased by 16.3% and is now trading at $73.85. View the best growth stocks for 2023 here. How were PDC Energy's earnings last quarter? PDC Energy, Inc. (NASDAQ:PDCE) issued its quarterly earnings data on Tuesday, August, 1st. The energy producer reported $2.65 EPS for the quarter, missing analysts' consensus estimates of $2.95 by $0.30. The energy producer earned $871.81 million during the quarter, compared to analyst estimates of $801.61 million. PDC Energy had a trailing twelve-month return on equity of 28.47% and a net margin of 43.85%. How often does PDC Energy pay dividends? What is the dividend yield for PDC Energy? PDC Energy declared a quarterly dividend on Wednesday, May 24th. Stockholders of record on Thursday, June 8th will be given a dividend of $0.40 per share on Thursday, June 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Wednesday, June 7th. Read our dividend analysis for PDCE. What ETFs hold PDC Energy's stock? ETFs with the largest weight of PDC Energy (NASDAQ:PDCE) stock in their portfolio include IQ Merger Arbitrage ETF (MNA), AltShares Merger Arbitrage ETF (ARB), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), AltShares Event-Driven ET (EVNT), ProShares Merger ETF (MRGR), AXS Astoria Inflation Sensitive ETF (PPI), Invesco S&P MidCap 400 Pure Growth ETF (RFG) and Invesco Energy Exploration & Production ETF (PXE). Is PDC Energy a good dividend stock? PDC Energy (NASDAQ:PDCE) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.17%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCE will have a dividend payout ratio of 10.22% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PDCE. What other stocks do shareholders of PDC Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other PDC Energy investors own include Advanced Micro Devices (AMD), Energy Transfer (ET), RTX (RTX), Intel (INTC), Boeing (BA), Pfizer (PFE), Callon Petroleum (CPE), Walt Disney (DIS), Diamondback Energy (FANG) and WPX Energy (WPX). What is PDC Energy's stock symbol? PDC Energy trades on the NASDAQ under the ticker symbol "PDCE." Who are PDC Energy's major shareholders? PDC Energy's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.06%), Dimensional Fund Advisors LP (5.06%), State Street Corp (3.87%), Alpine Associates Management Inc. (2.12%), Victory Capital Management Inc. (1.75%) and Harris Associates L P (1.65%). Insiders that own company stock include Anthony J Crisafio, Barton R Brookman Jr, Barton R Brookman, Jr, David C Parke, David Lillo, Lance Lauck, Lynn A Peterson, Nicole L Martinet, Pamela R Butcher, Paul Korus, R Scott Meyers, Randy S Nickerson and Troy M Welling. View institutional ownership trends. How do I buy shares of PDC Energy? Shares of PDCE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is PDC Energy's stock price today? One share of PDCE stock can currently be purchased for approximately $73.85. How much money does PDC Energy make? PDC Energy (NASDAQ:PDCE) has a market capitalization of $6.43 billion and generates $4.68 billion in revenue each year. The energy producer earns $1.78 billion in net income (profit) each year or $20.01 on an earnings per share basis. How many employees does PDC Energy have? The company employs 616 workers across the globe. How can I contact PDC Energy? PDC Energy's mailing address is 1775 SHERMAN STREET SUITE 3000, DENVER CO, 80203. The official website for the company is www.pdce.com. The energy producer can be reached via phone at (303) 860-5800, via email at kyle.sourk@pdce.com, or via fax at 303-831-3988. This page (NASDAQ:PDCE) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PDC Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.