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NASDAQ:PDCE

PDC Energy (PDCE) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$73.85
$73.85
50-Day Range
$73.64
$75.89
52-Week Range
$51.85
$82.24
Volume
N/A
Average Volume
1.35 million shs
Market Capitalization
$6.43 billion
P/E Ratio
3.15
Dividend Yield
2.17%
Price Target
$74.00

PDC Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.2% Upside
$74.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.95
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
27.55%
From $12.27 to $15.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.66 out of 5 stars

Oils/Energy Sector

202nd out of 238 stocks

Crude Petroleum & Natural Gas Industry

66th out of 74 stocks

PDCE stock logo

About PDC Energy Stock (NASDAQ: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. 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.

PDCE Stock News Headlines

Tracking George Soros' 13F Portfolio - Q3 2023 Update
PDC Energy Stock Hits New 52-Week High (PDCE)
George Soros' Q2 2023 Investment Moves: A Deep Dive
CVX, COP, or SLB: Which Energy Stock is the Best Pick?
See More Headlines
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Company Calendar

Last Earnings
2/22/2023
Today
6/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
Current Symbol
NASDAQ:PDCE
Previous Symbol
NASDAQ:PETD
CUSIP
69327R10
Employees
616
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$74.00
High Stock Price Target
$74.00
Low Stock Price Target
$74.00
Potential Upside/Downside
+0.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$1.78 billion
Pretax Margin
56.59%

Debt

Sales & Book Value

Annual Sales
$4.68 billion
Cash Flow
$24.06 per share
Book Value
$43.22 per share

Miscellaneous

Free Float
85,700,000
Market Cap
$6.43 billion
Optionable
Optionable
Beta
2.47
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PDCE Stock Analysis - Frequently Asked Questions

Should I buy or sell PDC Energy stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last year. There are currently 1 hold 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 target for 2024?

1 brokers have issued twelve-month price objectives for PDC Energy's stock. Their PDCE share price targets range from $74.00 to $74.00. On average, they predict the company's stock price to reach $74.00 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price.
View analysts price targets for PDCE
or view top-rated stocks among Wall Street analysts.

How were PDC Energy's earnings last quarter?

PDC Energy, Inc. (NASDAQ:PDCE) released its earnings results on Wednesday, February, 22nd. The energy producer reported $3.22 earnings per share for the quarter, topping analysts' consensus estimates of $3.05 by $0.17. The energy producer had revenue of $879.50 million for the quarter, compared to analysts' expectations of $892.11 million. PDC Energy had a trailing twelve-month return on equity of 28.47% and a net margin of 43.85%. The business's quarterly revenue was down 41.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.86 EPS.

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 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).

Who are PDC Energy's major shareholders?

PDC Energy's stock is owned by many different retail and institutional investors. Top institutional investors include New Mexico Educational Retirement Board (0.02%). Insiders that own company stock include Barton R Brookman Jr, Barton R Brookman, Jr, David C Parke, David Lillo, Lance Lauck, Lynn A Peterson, Nicole L Martinet, Pamela R Butcher, R Scott Meyers and Troy M Welling.
View institutional ownership trends
.

This page (NASDAQ:PDCE) was last updated on 6/14/2024 by MarketBeat.com Staff

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