PDC Energy Inc. today provided several Company updates including preliminary third quarter operating results and revised 2021 full-year guidance. Further, the Company announced its third quarter earnings call, scheduled for Thursday, November 4, 2021. 2021 Third Quarter Highlights: Anticipate total daily production between 197,000 and 200,000 barrels of oil equivalent per day and daily oil production between 63,000 and [...]
PDC Energy Inc. today announced publication of its 2021 Sustainability Report, highlighting the Company's continued efforts and commitments to responsibly developing oil and natural gas. The report highlights the Company's goal of increased transparency and accountability, while further aligning with the Sustainability Accounting Standards Board and other frameworks. Further, it includes new data points identified as [...]
PDC Energy Inc. announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share on PDC's outstanding common stock. The dividend is payable on September 22, 2021 to stockholders of record at the close of business on September 8, 2021. About PDC Energy, Inc. PDC Energy Inc. is a domestic independent exploration and production company that acquires, explores and develops properties for the [...]
PDC Energy Inc. today announced its 2021 second quarter financial and operating results, updated its full-year guidance and multi-year outlook and provided an environmental, social and governance update, including the establishment of new quantitative environmental performance targets. 2021 Second Quarter Highlights: Net cash from operating activities of approximately $225 million, adjusted cash flows from operations, a [...]
PDC Energy Inc. today announced plans to host a conference call to discuss second quarter 2021 operating and financial results. The Company plans to issue its news release after market close on Wednesday, August 4, followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. Conference Call and Webcast: Date/Time: Thursday, August 5, 2021 at 11:00 a.m. ET [...]
PDC Energy Inc. announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share on PDC's outstanding common stock. The dividend will be paid on June 24, 2021 to stockholders of record at the close of business on June 10, 2021. "We are excited to begin a new era for PDC and its shareholders," said Bart Brookman, President and CEO. "We welcome the opportunity to return cash to shareholders [...]
PDC Energy Inc. today announced its 2021 first quarter financial and operating results. 2021 First Quarter Highlights: Net cash from operating activities of approximately $355 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $300 million and oil and gas capital investments of approximately $125 million. Approximately $175 million of adjusted free cash flow , a non-U.S [...]
PDC Energy Inc. today announced plans to host a conference call to discuss first quarter 2021 operating and financial results. The Company plans to issue its news release after market close on Wednesday, May 5, followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. Conference Call and Webcast: Date/Time: Thursday, May 6, 2021 at 11:00 a.m. ET [...]
PDC Energy Inc. today announced its 2020 fourth quarter and full-year operating and financial results. The Company also provided detailed 2021 guidance and a preliminary multi-year outlook. 2020 Fourth Quarter and Full-Year Highlights: Net cash from operating activities of approximately $220 million and $870 million in the fourth quarter and full-year 2020, respectively. Adjusted cash flows from operations, a non-U.S [...]
PDC Energy Inc. announced today that it has appointed Diana L. Sands to its board of directors on February 18, 2021. Ms. Sands brings over 30 years of experience in complex and dynamic environments to PDC, having held senior executive finance and governance positions across multiple industries. Ms. Sands most recently served as Executive Officer and Senior Vice President, Office of Internal Governance and Administration [...]
PDC Energy Inc. today announced plans to host a conference call to discuss fourth quarter and year-end 2020 operating and financial results. The Company plans to issue its news release after market close on Wednesday, February 24, followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. Conference Call and Webcast: Date/Time: Thursday, February 25 [...]
PDC Energy Inc. today announced its 2020 third quarter operating and financial results. 2020 Third Quarter Highlights: Net cash from operating activities of approximately $280 million and adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $260 million. Oil and gas capital investments of approximately $35 million. Approximately $225 million of adjusted free cash flow, a non-U.S [...]