NASDAQ:PDCE PDC Energy - PDCE Stock Forecast, Price & News 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. $64.13 +1.16 (+1.84%) (As of 03/31/2023 02:27 PM ET) Add Compare Share Share Today's Range$63.29▼$64.6850-Day Range$57.94▼$71.3852-Week Range$51.72▼$89.22Volume266,446 shsAverage Volume914,692 shsMarket Capitalization$5.67 billionP/E Ratio3.47Dividend Yield2.49%Price Target$83.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PDC Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside29.0% Upside$83.33 Price TargetShort InterestBearish5.30% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.63Upright™ Environmental ScoreNews Sentiment0.60Based on 13 Articles This WeekInsider TradingSelling Shares$1.48 M Sold Last QuarterProj. Earnings Growth22.83%From $13.62 to $16.73 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.2.72 out of 5 starsOils/Energy Sector60th out of 249 stocksCrude Petroleum & Natural Gas Industry30th out of 82 stocks 3.3 Analyst's Opinion Consensus RatingPDC Energy has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $83.33, PDC Energy has a forecasted upside of 29.0% from its current price of $64.58.Amount of Analyst CoveragePDC Energy has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.30% 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 5.2.Change versus previous monthShort interest in PDC Energy has recently increased by 2.44%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldPDC Energy pays a meaningful dividend of 2.59%, 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 8.65%. 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 9.56% 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 -136.73% 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 "Oil exploration services" products. See details.Environmental SustainabilityThe Environmental Impact score for PDC Energy is -7.63. Previous Next 2.6 News and Social Media Coverage News SentimentPDC Energy has a news sentiment score of 0.60. 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 higher news sentiment than the 0.45 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 13 news articles for PDC Energy this week, compared to 3 articles on an average week.Search InterestOnly 13 people have searched for PDCE on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added PDC Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% 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 $1,479,995.00 in company stock.Percentage Held by InsidersOnly 1.20% 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 22.83% in the coming year, from $13.62 to $16.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PDC Energy is 3.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.94.Price to Earnings Ratio vs. SectorThe P/E ratio of PDC Energy is 3.49, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 62.15.Price to Earnings Growth RatioPDC Energy has a PEG Ratio of 0.11. 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 1.49. 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 HeadlinesMarch 29, 2023 | americanbankingnews.comCapital One Financial Comments on PDC Energy, Inc.'s Q1 2023 Earnings (NASDAQ:PDCE)March 27, 2023 | finance.yahoo.comTop Stocks for April 2023March 31, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 24, 2023 | finance.yahoo.comWhy Is PDC Energy (PDCE) Down 9.6% Since Last Earnings Report?March 13, 2023 | finance.yahoo.comLacklustre Performance Is Driving PDC Energy, Inc.'s (NASDAQ:PDCE) Low P/EMarch 4, 2023 | seekingalpha.comPDC Energy (PDCE) Presents at the 28th Annual Vail Summit - SlideshowFebruary 26, 2023 | finance.yahoo.comPDC Energy, Inc. (NASDAQ:PDCE) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Utilities Companies: PDC Energy (PDCE) and Denbury (DEN)March 31, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!February 24, 2023 | finance.yahoo.comQ4 2022 PDC Energy Inc Earnings CallFebruary 24, 2023 | finance.yahoo.comPDC Energy Full Year 2022 Earnings: EPS Beats Expectations, Revenues LagFebruary 23, 2023 | benzinga.comPDC Energy's Earnings OutlookFebruary 22, 2023 | finance.yahoo.comPDC Energy (PDCE) Tops Q4 Earnings and Revenue EstimatesFebruary 22, 2023 | finance.yahoo.comPDC Energy, Inc. Announces Full-Year and Fourth Quarter 2022 Financial and Operating Results; Provides 2023 GuidanceFebruary 21, 2023 | thestreet.comPDC Energy (PDCE) Showing Signs Of Being A Roof LeakerFebruary 21, 2023 | finance.yahoo.comPDC Energy (NASDAQ:PDCE) Is Increasing Its Dividend To $0.40February 16, 2023 | finance.yahoo.comPDC Energy Declares Increased Quarterly Cash Dividend on Common Shares and Announces $750 Million Increase to Share Buyback AuthorizationJanuary 31, 2023 | finance.yahoo.comPDC Energy Announces 2022 Fourth Quarter and Year-End Conference Call – Thursday February 23, 2023January 29, 2023 | seekingalpha.comPDCE PDC Energy, Inc.January 17, 2023 | bbc.comQ School: Fallon Sherrock misses out on PDC Tour cardJanuary 2, 2023 | finance.yahoo.comCould The Market Be Wrong About PDC Energy, Inc. (NASDAQ:PDCE) Given Its Attractive Financial Prospects?December 27, 2022 | thestreet.comEyes On PDC Energy (PDCE): Highlighted Storm The Castle StockDecember 20, 2022 | finance.yahoo.com13 Best Undervalued Stocks To Buy NowDecember 9, 2022 | finance.yahoo.comColorado regulators OK oil company's well plan across 52 square miles in Weld CountyDecember 8, 2022 | finance.yahoo.comPDC Energy Announces Unanimous Approval of The Guanella Comprehensive Area Plan Adding Clear Line of Sight for Sustainable Long-Term Colorado Development ActivitiesDecember 7, 2022 | finance.yahoo.comPDC Energy Declares Quarterly Cash Dividend and Additional Special Dividend on Common SharesDecember 6, 2022 | finance.yahoo.comShould You Be Adding PDC Energy (NASDAQ:PDCE) To Your Watchlist Today?See More Headlines 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 Company Calendar Last Earnings2/22/2023Ex-Dividend for 3/16 Dividend3/01/2023Dividend Payable3/16/2023Today3/31/2023Next Earnings (Estimated)5/03/2023Fiscal 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$83.33 High Stock Price Forecast$105.00 Low Stock Price Forecast$68.00 Forecasted Upside/Downside+30.7%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$18.50 Trailing P/E Ratio3.45 Forward P/E Ratio4.68 P/E Growth0.11Net Income$1.78 billion Net Margins46.24% Pretax Margin58.05% Return on Equity42.84% Return on Assets20.47% Debt Debt-to-Equity Ratio0.33 Current Ratio0.42 Quick Ratio0.42 Sales & Book Value Annual Sales$3.85 billion Price / Sales1.47 Cash Flow$24.82 per share Price / Cash Flow2.57 Book Value$43.22 per share Price / Book1.48Miscellaneous Outstanding Shares88,390,000Free Float87,328,000Market Cap$5.64 billion OptionableOptionable Beta2.54 Key ExecutivesBarton R. BrookmanPresident, Chief Executive Officer & DirectorDavid J. LilloSenior Vice President-OperationsRichard Scott MeyersChief Financial Officer & Senior Vice PresidentEric RoachDirector-Reservoir Engineering & TechnologyMahesh GopalakrishnanVice President-Information TechnologyKey CompetitorsMatador ResourcesNYSE:MTDRSouthwestern EnergyNYSE:SWNRange ResourcesNYSE:RRCSM EnergyNYSE:SMKosmos EnergyNYSE:KOSView All CompetitorsInsiders & InstitutionsLynn A PetersonSold 7,000 sharesTotal: $434,000.00 ($62.00/share)R Scott MeyersSold 2,500 sharesTotal: $150,000.00 ($60.00/share)B. Riley Wealth Advisors Inc.Sold 575 shares on 3/15/2023Ownership: 0.010%Goehring & Rozencwajg Associates LLCBought 142,095 shares on 3/1/2023Ownership: 0.161%Voya Investment Management LLCSold 4,560 shares on 2/28/2023Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions PDCE Stock - Frequently Asked Questions Should I buy or sell PDC Energy stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PDCE shares. View PDCE analyst ratings or view top-rated stocks. What is PDC Energy's stock price forecast for 2023? 7 Wall Street research analysts have issued 1 year price objectives for PDC Energy's stock. Their PDCE share price forecasts range from $68.00 to $105.00. On average, they anticipate the company's stock price to reach $83.33 in the next twelve months. This suggests a possible upside of 29.2% 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 1.6% and is now trading at $64.50. 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, May 3rd 2023. View our PDCE earnings forecast. How were PDC Energy's earnings last quarter? PDC Energy, Inc. (NASDAQ:PDCE) posted its quarterly earnings results on Wednesday, February, 22nd. The energy producer reported $3.22 earnings per share for the quarter, beating the consensus estimate 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 trailing twelve-month return on equity of 42.84% and a net margin of 46.24%. PDC Energy's quarterly revenue was down 41.8% compared to the same quarter last year. During the same period 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 Thursday, February 16th. Shareholders of record on Thursday, March 2nd will be paid a dividend of $0.40 per share on Thursday, March 16th. This represents a $1.60 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Wednesday, March 1st. 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), First Trust Nasdaq Oil & Gas ETF (FTXN), Invesco Dynamic Energy Exploration & Production ETF (PXE), iShares Focused Value Factor ETF (FOVL), First Trust Natural Gas ETF (FCG), AXS Astoria Inflation Sensitive ETF (PPI) 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 2.59%. 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 8.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCE will have a dividend payout ratio of 9.56% 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 retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.05%), Jennison Associates LLC (2.71%), First Trust Advisors LP (2.54%), Victory Capital Management Inc. (2.44%), Victory Capital Management Inc. (2.34%) and Macquarie Group Ltd. (2.22%). Insiders that own company stock include Anthony J Crisafio, Barton R Brookman Jr, Barton R Brookman, Jr, David C Parke, David Lillo, Jeffrey C Swoveland, Lance Lauck, Lynn A Peterson, Nicole L Martinet, Pamela R Butcher, Paul Korus, R Scott Meyers and Randy S Nickerson. 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 $64.50. How much money does PDC Energy make? PDC Energy (NASDAQ:PDCE) has a market capitalization of $5.70 billion and generates $3.85 billion in revenue each year. The energy producer earns $1.78 billion in net income (profit) each year or $18.50 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 3/31/2023 by MarketBeat.com Staff 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. 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