NASDAQ:PDCE PDC Energy (PDCE) Stock Forecast, Price & News $70.95 +1.62 (+2.34%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$69.96▼$71.1650-Day Range$60.50▼$71.9852-Week Range$51.72▼$89.22Volume3.05 million shsAverage Volume1.85 million shsMarket Capitalization$6.21 billionP/E Ratio3.02Dividend Yield2.26%Price Target$84.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PDC Energy MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside19.1% Upside$84.50 Price TargetShort InterestBearish5.07% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.67Upright™ Environmental ScoreNews Sentiment0.36Based on 20 Articles This WeekInsider TradingSelling Shares$1.74 M Sold Last QuarterProj. Earnings Growth28.45%From $12.76 to $16.39 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.2.47 out of 5 starsOils/Energy Sector98th out of 245 stocksCrude Petroleum & Natural Gas Industry47th out of 79 stocks 2.2 Analyst's Opinion Consensus RatingPDC Energy has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $84.50, PDC Energy has a forecasted upside of 19.1% from its current price of $70.95.Amount of Analyst CoveragePDC Energy has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.07% of the float of PDC Energy has been sold short.Short Interest Ratio / Days to CoverPDC Energy has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in PDC Energy has recently increased by 2.60%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldPDC Energy pays a meaningful dividend of 2.26%, 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 6.82%. 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 9.76% next year. This indicates that PDC Energy will be able to sustain or increase its dividend. Previous Next 0.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePDC Energy has received a -78.87% 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 -7.67. Previous Next 3.0 News and Social Media Coverage News SentimentPDC Energy has a news sentiment score of 0.36. 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 is a lower news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 20 news articles for PDC Energy this week, compared to 6 articles on an average week.Search Interest6 people have searched for PDCE on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows2 people have added PDC Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $1,736,659.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of PDC Energy is held by insiders.Percentage Held by Institutions96.16% 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 28.45% in the coming year, from $12.76 to $16.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PDC Energy is 3.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.45.Price to Earnings Ratio vs. SectorThe P/E ratio of PDC Energy is 3.02, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 51.22.Price to Earnings Growth RatioPDC Energy has a PEG Ratio of 0.14. 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 1.47. 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. engages in the exploration and production of oil and natural gas. The firm acquires, explores, and develops properties for the production of crude oil, natural gas, and natural gas liquids. Its primary operations are located in the Wattenberg Field in Colorado and the Delaware Basin in Texas. The company was founded in 1969 and is headquartered in Denver, CO.Read More 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 Stock News HeadlinesJune 4, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for PDC Energy, Inc. (NASDAQ:PDCE) Issued By Seaport Res PtnJune 3, 2023 | americanbankingnews.comPDC Energy, Inc. to Post FY2023 Earnings of $11.02 Per Share, Seaport Res Ptn Forecasts (NASDAQ:PDCE)June 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>June 3, 2023 | americanbankingnews.comPDC Energy (NASDAQ:PDCE) Now Covered by StockNews.comJune 2, 2023 | americanbankingnews.comZacks Research Analysts Cut Earnings Estimates for PDC Energy, Inc. (NASDAQ:PDCE)June 1, 2023 | americanbankingnews.comSeaport Res Ptn Lowers PDC Energy (NASDAQ:PDCE) to NeutralMay 31, 2023 | fool.comPDC Energy (NASDAQ: PDCE)May 27, 2023 | msn.comPDC Energy (PDCE) Declares $0.40 DividendJune 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 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 26, 2023 | americanbankingnews.comPDC Energy, Inc. Declares Quarterly Dividend of $0.40 (NASDAQ:PDCE)May 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 reputationMay 24, 2023 | seekingalpha.comChevron Snatches Up PDC Energy For A SongMay 24, 2023 | americanbankingnews.comMizuho Lowers PDC Energy (NASDAQ:PDCE) to NeutralMay 24, 2023 | markets.businessinsider.comPDC Energy (PDCE) was downgraded to a Hold Rating at Mizuho SecuritiesMay 24, 2023 | americanbankingnews.comPDC Energy, Inc. Expected to Earn Q2 2023 Earnings of $3.29 Per Share (NASDAQ:PDCE)May 23, 2023 | finance.yahoo.comChevron To Acquire PDC Energy In $7.6B DealMay 23, 2023 | stockhouse.comMoore Kuehn Encourages RUTH, GHL, PDCE, and UBA Investors to Contact Law FirmMay 22, 2023 | benzinga.comSHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating PDC Energy, Inc. BuyoutMay 22, 2023 | bizjournals.comChevron strikes $7.6 billion deal to buy Colorado's PDC Energy, increase crude productionMay 22, 2023 | benzinga.comShareholder Alert: Ademi LLP investigates whether PDC Energy, Inc. has obtained a Fair Price in its transaction with ChevronMay 22, 2023 | markets.businessinsider.comCVX Stock Alert: Chevron Acquires PDC Energy in $6.3 Billion DealMay 22, 2023 | msn.comChevron's PDC Energy deal a surprise, may see regulatory scrutiny - analystMay 22, 2023 | msn.comChevron to Acquire PDC Energy, Sending Its Shares SoaringSee More Headlines PDCE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PDCE Company Calendar Last Earnings2/22/2023Ex-Dividend for 3/16 Dividend3/01/2023Dividend Payable3/16/2023Today6/03/2023Ex-Dividend for 6/22 Dividend6/07/2023Dividend Payable6/22/2023Next Earnings (Estimated)8/02/2023Fiscal 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) 860-5800Fax303-831-3988Employees535Year FoundedN/APrice Target and Rating Average Stock Price Forecast$84.50 High Stock Price Forecast$105.00 Low Stock Price Forecast$76.00 Forecasted Upside/Downside+19.1%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$23.47 Trailing P/E Ratio3.02 Forward P/E Ratio5.56 P/E Growth0.14Net Income$1.78 billion Net Margins49.57% Pretax Margin62.18% Return on Equity35.66% Return on Assets17.31% Debt Debt-to-Equity Ratio0.31 Current Ratio0.43 Quick Ratio0.43 Sales & Book Value Annual Sales$3.85 billion Price / Sales1.61 Cash Flow$24.64 per share Price / Cash Flow2.88 Book Value$48.16 per share Price / Book1.47Miscellaneous Outstanding Shares87,500,000Free Float86,188,000Market Cap$6.21 billion OptionableOptionable Beta2.51 Key ExecutivesBarton R. BrookmanPresident, Chief Executive Officer & DirectorDavid J. LilloSenior Vice President-OperationsRichard Scott MeyersChief Financial Officer & Executive Vice PresidentEric RoachDirector-Reservoir Engineering & TechnologyMahesh GopalakrishnanVice President-Information TechnologyKey CompetitorsRange ResourcesNYSE:RRCSouthwestern EnergyNYSE:SWNMatador ResourcesNYSE:MTDRSM EnergyNYSE:SMKosmos EnergyNYSE:KOSView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardBought 15,268 shares on 6/1/2023Ownership: 0.088%ProShare Advisors LLCSold 5,822 shares on 5/26/2023Ownership: 0.006%Brandywine Global Investment Management LLCSold 1,795 shares on 5/25/2023Ownership: 0.067%Toroso Investments LLCBought 7,336 shares on 5/23/2023Ownership: 0.008%Ameriprise Financial Inc.Sold 67,477 shares on 5/22/2023Ownership: 0.210%View All Insider TransactionsView All Institutional Transactions PDCE Stock - Frequently Asked Questions Should I buy or sell PDC Energy stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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? 8 brokers have issued 12 month price targets for PDC Energy's stock. Their PDCE share price forecasts range from $76.00 to $105.00. On average, they predict the company's share price to reach $84.50 in the next year. This suggests a possible upside of 19.1% 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 stock has increased by 11.8% and is now trading at $70.95. View the best growth stocks for 2023 here. When is PDC Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our PDCE earnings forecast. How were PDC Energy's earnings last quarter? PDC Energy, Inc. (NASDAQ:PDCE) announced its quarterly earnings results on Wednesday, February, 22nd. The energy producer reported $3.22 EPS for the quarter, beating analysts' consensus estimates of $3.05 by $0.17. The energy producer had revenue of $879.50 million for the quarter, compared to analyst estimates of $892.11 million. PDC Energy had a net margin of 49.57% and a trailing twelve-month return on equity of 35.66%. The firm's revenue for the quarter was down 41.8% on a year-over-year basis. During the same quarter last year, the business posted $2.86 earnings per share. 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. Shareholders 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 annualized dividend and a dividend yield of 2.26%. 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 First Trust Energy AlphaDEX Fund (FXN), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Invesco Dynamic Energy Exploration & Production ETF (PXE), AXS Astoria Inflation Sensitive ETF (PPI), iShares Focused Value Factor ETF (FOVL), Invesco S&P MidCap 400 Pure Growth ETF (RFG), First Trust Natural Gas ETF (FCG) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP). 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 2.31%. 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 6.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCE will have a dividend payout ratio of 9.76% 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), Raytheon Technologies (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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.65%), FMR LLC (6.02%), Dimensional Fund Advisors LP (4.90%), Wellington Management Group LLP (4.44%), State Street Corp (4.15%) and Jennison Associates LLC (3.00%). 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 $70.95. How much money does PDC Energy make? PDC Energy (NASDAQ:PDCE) has a market capitalization of $6.21 billion and generates $3.85 billion in revenue each year. The energy producer earns $1.78 billion in net income (profit) each year or $23.47 on an earnings per share basis. How many employees does PDC Energy have? The company employs 535 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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