Top-Rated Dividend Stocks NASDAQ:PDCE PDC Energy Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $59.65 -1.96 (-3.18%) (As of 07/1/2022 12:11 PM ET) Add Compare Share Today's Range$59.08▼$62.4350-Day Range$59.07▼$86.1852-Week Range$34.52▼$89.22Volume49,874 shsAverage Volume1.57 million shsMarket Capitalization$5.69 billionP/E Ratio11.88Dividend Yield2.12%Price Target$88.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Forecast (MarketRank)Overall MarketRank™2.91 out of 5 starsOils/Energy Sector34th out of 391 stocksCrude Petroleum & Natural Gas Industry16th out of 127 stocksAnalyst Opinion: 3.5Community Rank: 5.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 - 3.5 Analyst's Opinion Consensus RatingPDC Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $88.00, PDC Energy has a forecasted upside of 45.1% from its current price of $60.64.Amount of Analyst CoveragePDC Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Community Rank Outperform VotesPDC Energy has received 1,041 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPDC Energy has received 332 “underperform” votes. (Add your “underperform” vote.)Community SentimentPDC Energy has received 75.82% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about PDC Energy and other stocks. Vote “Outperform” if you believe PDCE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PDCE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldPDC Energy pays a meaningful dividend of 2.12%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPDC Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of PDC Energy is 27.89%. 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 7.00% next year. This indicates that PDC Energy will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PDC Energy insiders have sold 6,117.74% more of their company's stock than they have bought. Specifically, they have bought $63,910.00 in company stock and sold $3,973,756.00 in company stock.Percentage Held by InsidersOnly 1.20% of the stock of PDC Energy is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for PDC Energy are expected to grow by 6.73% in the coming year, from $18.73 to $19.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PDC Energy is 12.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.73.Price to Earnings Ratio vs. SectorThe P/E ratio of PDC Energy is 12.08, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.50.Price to Book Value per Share RatioPDC Energy has a P/B Ratio of 2.03. 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)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 1969 and is headquartered in Denver, Colorado.Read More PDCE Stock News HeadlinesJune 29, 2022 | finance.yahoo.comPDC Energy Announces Approval of Broe Oil and Gas Development Plan Permit Adding to Existing Multi-Year Inventory of Colorado Development Drilling LocationsJune 29, 2022 | americanbankingnews.comPDC Energy (NASDAQ:PDCE) Stock Price Up 7.1%June 27, 2022 | finance.yahoo.comIs the Options Market Predicting a Spike in PDC Energy (PDCE) Stock?June 27, 2022 | americanbankingnews.comCritical Survey: PDC Energy (NASDAQ:PDCE) versus Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR)June 25, 2022 | americanbankingnews.comBrokerages Set PDC Energy, Inc. (NASDAQ:PDCE) Target Price at $88.00June 23, 2022 | bizjournals.comDenver Energy Center office complex sells in foreclosure auction following 45% drop in valueJune 23, 2022 | nasdaq.comPDCE Makes Notable Cross Below Critical Moving AverageJune 18, 2022 | americanbankingnews.comPDC Energy (NASDAQ:PDCE) Shares Down 8.8% on Insider SellingJune 17, 2022 | nasdaq.comPDC Energy Passes Through 2% Yield MarkJune 17, 2022 | nasdaq.comSnag This Bargain Energy Stock Even Cheaper Than Director Butcher DidJune 17, 2022 | finance.yahoo.comHere's How Much a $1000 Investment in PDC Energy Made 10 Years Ago Would Be Worth TodayJune 13, 2022 | finance.yahoo.comPDC Energy (PDCE) Gets Approval for Kenosha Development PlanJune 9, 2022 | finance.yahoo.comColorado companies' drilling plans for 101 oil wells approved by Colorado regulatorsSee More Headlines Industry, 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/ACompany Calendar Last Earnings5/04/2022Ex-Dividend for 6/23 Dividend6/08/2022Dividend Payable6/23/2022Today7/01/2022Next Earnings (Estimated)8/03/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$88.00 High Stock Price Forecast$97.00 Low Stock Price Forecast$73.00 Forecasted Upside/Downside+47.5%Consensus RatingBuy Rating Score (0-4)3 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$5.02 Trailing P/E Ratio11.88 Forward P/E Ratio3.18 P/E GrowthN/ANet Income$522.31 million Net Margins26.48% Pretax Margin27.94% Return on Equity38.99% Return on Assets19.13% Debt Debt-to-Equity Ratio0.34 Current Ratio0.58 Quick Ratio0.58 Sales & Book Value Annual Sales$1.86 billion Price / Sales3.07 Cash Flow$14.95 per share Price / Cash Flow3.99 Book Value$29.89 per share Price / Book2.00Miscellaneous Outstanding Shares95,429,000Free Float94,284,000Market Cap$5.69 billion OptionableOptionable Beta2.74 PDC Energy Frequently Asked Questions Should I buy or sell PDC Energy stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PDC Energy stock. View analyst ratings for PDC Energy or view top-rated stocks. What is PDC Energy's stock price forecast for 2022? 6 Wall Street research analysts have issued twelve-month price objectives for PDC Energy's stock. Their PDCE stock forecasts range from $73.00 to $97.00. On average, they anticipate PDC Energy's stock price to reach $88.00 in the next year. This suggests a possible upside of 47.7% from the stock's current price. View analysts' price targets for PDC Energy or view top-rated stocks among Wall Street analysts. How has PDC Energy's stock performed in 2022? PDC Energy's stock was trading at $48.78 at the beginning of the year. Since then, PDCE stock has increased by 22.2% and is now trading at $59.59. View the best growth stocks for 2022 here. When is PDC Energy's next earnings date? PDC Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for PDC Energy. How were PDC Energy's earnings last quarter? PDC Energy, Inc. (NASDAQ:PDCE) issued its quarterly earnings results on Wednesday, May, 4th. The energy producer reported $3.66 earnings per share for the quarter, beating analysts' consensus estimates of $3.18 by $0.48. The energy producer earned $316.45 million during the quarter, compared to analyst estimates of $702.98 million. PDC Energy had a trailing twelve-month return on equity of 38.99% and a net margin of 26.48%. The company's quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.41 EPS. View PDC Energy's earnings history. How often does PDC Energy pay dividends? What is the dividend yield for PDC Energy? PDC Energy announced a quarterly dividend on Tuesday, May 31st. Shareholders of record on Thursday, June 9th will be given a dividend of $0.35 per share on Thursday, June 23rd. This represents a $1.40 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Wednesday, June 8th. This is a boost from PDC Energy's previous quarterly dividend of $0.25. View PDC Energy's dividend history. Is PDC Energy a good dividend stock? PDC Energy(NASDAQ:PDCE) pays an annual dividend of $1.40 per share and currently has a dividend yield of 2.12%. PDC Energy does not yet have a strong track record of dividend growth. The dividend payout ratio of PDC Energy is 27.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDC Energy will have a dividend payout ratio of 7.00% next year. This indicates that PDC Energy will be able to sustain or increase its dividend. View PDC Energy's dividend history. Who are PDC Energy's key executives? PDC Energy's management team includes the following people: Mr. Barton R. Brookman Jr., CEO, Pres & Director (Age 60, Pay $2.47M)Mr. R. Scott Meyers, Sr. VP & CFO (Age 47, Pay $1.21M) (LinkedIn Profile)Mr. David J. Lillo, Sr. VP of Operations (Age 56, Pay $970.25k)Ms. Nicole L. Martinet, Gen. Counsel, Sr. VP & Corp. Sec. (Age 45, Pay $1.06M) (LinkedIn Profile)Mr. Lance A. Lauck, Exec. VP of Corp. Devel. & Strategy (Age 60, Pay $1.17M) (LinkedIn Profile)Mr. Douglas J. Griggs, Chief Accounting Officer (Age 62)Mr. Erik Roach, Director of Reservoir Engineering & TechnologyMs. Sandra Jacoby, VP of Corp. Admin.Mr. Bill Crawford, Director Corp. Fin. & Investor RelationsMr. George B. Courcier, VP of Marketing & Midstream (Age 65) Who are some of PDC Energy's key competitors? Some companies that are related to PDC Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Continental Resources (CLR), Diamondback Energy (FANG), Marathon Oil (MRO), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), Matador Resources (MTDR), SM Energy (SM), Comstock Resources (CRK), Kosmos Energy (KOS) and Whiting Petroleum (WLL). View all of PDCE's competitors. 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." How do I buy shares of PDC Energy? Shares of PDCE 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 $59.59. How much money does PDC Energy make? PDC Energy (NASDAQ:PDCE) has a market capitalization of $5.69 billion and generates $1.86 billion in revenue each year. The energy producer earns $522.31 million in net income (profit) each year or $5.02 on an earnings per share basis. How many employees does PDC Energy have? PDC Energy 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 PDC Energy is www.pdce.com. The energy producer can be reached via phone at (303) 860-5800, via email at [email protected], or via fax at 303-831-3988. This page (NASDAQ:PDCE) was last updated on 7/1/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 Risk-Free Trial Subscription Here 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. MarketBeat Resources Premium Research Tools MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Discover All Access Market Data and Calendars Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free. View Market Data Investing Education and Resources Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. Financial Terms Details Here
