PDC Energy Inc.

Board Believes Electing Kimmeridge Destroys Valueand Puts the Safety of PDC’s Employees at Risk ISS Report Ignores the Facts About PDC’s Performance, Fails to Take Into Accountthe Critical Importance of Industry, Operational and Colorado Regulatory Expertisein Effectively Running the Company ISS Report Does Not Endorse Kimmeridge’s Radical, Misguided and Dangerous Plans for PDC Company Urges Shareholders [...]

Urges Shareholders to Vote "FOR" All Three of Company’s Nominees on the WHITE Proxy Card Highlights Proven Track Record of Operational Excellence; Addresses Kimmeridge’s Inaccurate, Misleading, and Disingenuous Claims DENVER, May 17, 2019 -- PDC Energy Inc. today mailed a letter to shareholders in connection with its 2019 Annual Meeting of Stockholders , scheduled for May 29, 2019. PDC shareholders of record [...]

PDC Energy Inc. today announced that leading independent advisory firm Glass, Lewis & Co. has recommended that PDC Energy Inc. shareholders vote “FOR” the three Company directors standing for reelection this year – PDC’s President and Chief Executive Officer Barton R. Brookman and independent directors Mark E. Ellis and Larry F. Mazza – on the WHITE proxy card in connection with the [...]

Kimmeridge Energy Management Company, LLC today released a presentation setting the record straight on PDC Energy, Inc. operating performance and refuting data presented by PDC. A copy of the Kimmeridge presentation can be found here: http://kimmeridge.com/pdc_part5 Setting the record straight: The facts. Since Bart Brookman has been appointed CEO of PDC , the Company has reported1 Cumulative Net Income : million [...]

Highlights Kimmeridge’s Faulty Assertions and Ongoing Efforts to Mislead PDC Shareholders Urges Shareholders to Vote “For” All Three of Company’s Nominees on the WHITE Proxy Card DENVER, May 14, 2019 -- PDC Energy Inc. today announced it has filed a presentation in connection with its 2019 Annual Meeting of Stockholders , scheduled for May 29, 2019. The presentation highlights PDC’s [...]

PDC's portrayal of its performance relative to that of the PDC Peer Group skews the results in favor of PDC, creating the appearance that PDC has performed well. NEW YORK and Kimmeridge Energy Management Company, LLC , beneficial owners of 5.1% of the shares of common stock of PDC Energy Inc. , today issued a letter to PDC shareholders explaining why PDC's self-selected "peer group" are not appropriate comparators to PDC [...]

PDC Energy Inc. today filed a presentation in connection with its 2019 Annual Meeting of Stockholders , scheduled for May 29, 2019. PDC shareholders of record as of the close of business on April 1, 2019 will be entitled to vote at the 2019 Annual Meeting. Highlights of the presentation include: PDC Energy has repositioned its portfolio and is executing a long-term strategy to capitalize on the Company’s [...]

NEW YORK and Kimmeridge Energy Management Company, LLC , beneficial owners of 5.1% of the shares of common stock of PDC Energy Inc. , today released a presentation highlighting a pathway for PDC to achieve profitability. You can access the presentation here: http://kimmeridge.com/pdc_part3 In its comprehensive presentation, Kimmeridge highlights PDC's historical underperformance, both operationally and financially, as [...]

PDC Energy Inc. today reported its 2019 first quarter operating and financial results. Additionally, the Company announced it has entered into two definitive agreements to divest its gas and water midstream assets in the Delaware Basin for a combined total of approximately $310 million, subject to post-closing adjustments. First Quarter Highlights: Total production of 11.2 million barrels of oil equivalent , or [...]

Mails Letter to Shareholders Highlighting Strength of Long-Term Strategy and Operating Plan Highly-Qualified and Engaged Board Urges Shareholders to Vote “For” All Three of Company’s Nominees on the WHITE Proxy Card PDC Energy Inc. today mailed a letter to shareholders in connection with its 2019 Annual Meeting of Stockholders , scheduled for May 29, 2019. PDC shareholders of record as of the close of [...]