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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
“Amazon Loophole” could hand you $28,544 in “royalty” payouts (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:PDCE

PDC Energy (PDCE) Stock Forecast, Price & News

$70.95
+1.62 (+2.34%)
(As of 06/2/2023 ET)
Compare
Today's Range
$69.96
$71.16
50-Day Range
$60.50
$71.98
52-Week Range
$51.72
$89.22
Volume
3.05 million shs
Average Volume
1.06 million shs
Market Capitalization
$6.21 billion
P/E Ratio
3.02
Dividend Yield
2.26%
Price Target
$84.50

PDC Energy MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
19.1% Upside
$84.50 Price Target
Short Interest
Bearish
5.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.67
Upright™ Environmental Score
News Sentiment
0.56mentions of PDC Energy in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$1.74 M Sold Last Quarter
Proj. Earnings Growth
29.71%
From $12.79 to $16.59 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.48 out of 5 stars

Oils/Energy Sector

99th out of 245 stocks

Crude Petroleum & Natural Gas Industry

46th out of 79 stocks


PDCE stock logo

About PDC Energy (NASDAQ:PDCE) Stock

PDC 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.

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PDCE Stock News Headlines

PDC Energy (NASDAQ:PDCE) Now Covered by StockNews.com
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
Seaport Res Ptn Lowers PDC Energy (NASDAQ:PDCE) to Neutral
PDC Energy (NASDAQ: PDCE)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
PDC Energy declares $0.40 dividend
Chevron Snatches Up PDC Energy For A Song
Mizuho Lowers PDC Energy (NASDAQ:PDCE) to Neutral
Chevron To Acquire PDC Energy In $7.6B Deal
CVX Stock Alert: Chevron Acquires PDC Energy in $6.3 Billion Deal
Why Big Oil Likes Small Deals
See More Headlines

PDCE Price History

PDCE Company Calendar

Last Earnings
2/22/2023
Ex-Dividend for 3/16 Dividend
3/01/2023
Dividend Payable
3/16/2023
Today
6/02/2023
Ex-Dividend for 6/22 Dividend
6/07/2023
Dividend Payable
6/22/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

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
535
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
8 Analysts

Profitability

Net Income
$1.78 billion
Pretax Margin
62.18%

Debt

Sales & Book Value

Annual Sales
$4.23 billion
Cash Flow
$24.89 per share
Book Value
$48.16 per share

Miscellaneous

Free Float
86,188,000
Market Cap
$6.21 billion
Optionable
Optionable
Beta
2.51

Key Executives

  • Barton R. BrookmanBarton R. Brookman
    President, Chief Executive Officer & Director
  • David J. LilloDavid J. Lillo
    Senior Vice President-Operations
  • Richard Scott Meyers
    Chief Financial Officer & Executive Vice President
  • Eric Roach
    Director-Reservoir Engineering & Technology
  • Mahesh Gopalakrishnan
    Vice President-Information Technology













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 Wall Street analysts have issued 1 year price targets for PDC Energy's shares. Their PDCE share price forecasts range from $76.00 to $105.00. On average, they anticipate the company's stock 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 the year. Since then, PDCE shares have 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 data on Wednesday, February, 22nd. The energy producer reported $3.22 earnings per share 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 the consensus estimate 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 business's quarterly revenue was down 41.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.86 earnings per share.

How often does PDC Energy pay dividends? What is the dividend yield for PDC Energy?

PDC Energy announced a quarterly dividend on Wednesday, May 24th. Investors of record on Thursday, June 8th will be paid a dividend of $0.40 per share on Thursday, June 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Wednesday, June 7th.
Read our dividend analysis for PDCE
.

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 2.29%. 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 9.64% 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 many different retail and institutional investors. Top institutional investors 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 $4.23 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 6/3/2023 by MarketBeat.com Staff

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