PDC Energy Stock Forecast, Price & News

PDC Energy's stock was trading at $7.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PDCE stock has increased by 162.9% and is now trading at $18.85.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last year. There are currently 1 hold rating, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for PDC Energy.

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PDC Energy is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for PDC Energy.

PDC Energy, Inc. (NASDAQ:PDCE) announced its quarterly earnings results on Wednesday, November, 4th. The energy producer reported $1.04 EPS for the quarter, topping the consensus estimate of $0.62 by $0.42. The energy producer had revenue of $249.22 million for the quarter, compared to analysts' expectations of $385.30 million. PDC Energy had a negative net margin of 47.97% and a negative return on equity of 2.57%. The business's quarterly revenue was down 31.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.39) EPS.
View PDC Energy's earnings history.

16 brokerages have issued 1 year target prices for PDC Energy's shares. Their forecasts range from $15.00 to $36.00. On average, they anticipate PDC Energy's stock price to reach $23.85 in the next year. This suggests a possible upside of 26.5% from the stock's current price.
View analysts' price targets for PDC Energy.

Some companies that are related to PDC Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Oasis Petroleum (OAS), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Continental Resources (CLR), Devon Energy (DVN), Apache (APA), Marathon Oil (MRO), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC) and Range Resources (RRC).
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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), The Boeing (BA), Pfizer (PFE), Callon Petroleum (CPE), The Walt Disney (DIS), Diamondback Energy (FANG) and WPX Energy (WPX).

PDC Energy trades on the NASDAQ under the ticker symbol "PDCE."

PDC Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (4.57%), Deep Basin Capital LP (4.26%), Fisher Asset Management LLC (1.76%), Arrowstreet Capital Limited Partnership (1.49%), Westwood Holdings Group Inc. (1.24%) and JPMorgan Chase & Co. (1.14%). Company insiders that own PDC Energy stock include Anthony J Crisafio, Barton R Brookman Jr, Jeffrey C Swoveland, Lance Lauck, Mark E Ellis, Nicole L Martinet and Scott J Reasoner.
View institutional ownership trends for PDC Energy.

PDCE stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., SIR Capital Management L.P., JPMorgan Chase & Co., Morgan Stanley, LSV Asset Management, Squarepoint Ops LLC, First Trust Advisors LP, and Federated Hermes Inc.. Company insiders that have sold PDC Energy company stock in the last year include Anthony J Crisafio, and Barton R Brookman Jr.
View insider buying and selling activity for PDC Energy.

PDCE stock was bought by a variety of institutional investors in the last quarter, including Deep Basin Capital LP, Fisher Asset Management LLC, Segall Bryant & Hamill LLC, Jennison Associates LLC, Westwood Holdings Group Inc., Palisade Capital Management LLC NJ, AXA S.A., and William Blair Investment Management LLC. Company insiders that have bought PDC Energy stock in the last two years include Jeffrey C Swoveland, and Mark E Ellis.
View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PDCE stock can currently be purchased for approximately $18.85.

PDC Energy has a market capitalization of $1.88 billion and generates $1.16 billion in revenue each year. The energy producer earns $-56,670,000.00 in net income (profit) each year or $0.83 on an earnings per share basis. PDC Energy employs 540 workers across the globe.

The official website for PDC Energy is www.pdce.com.

PDC Energy's mailing address is 1775 SHERMAN STREET SUITE 3000, DENVER CO, 80203. The energy producer can be reached via phone at 303-860-5800 or via email at [email protected]