PDC Energy Inc.

PDC Energy Inc. today announced its 2023 first quarter financial and operating results and updates second quarter production and full-year capital guidance. 2023 First Quarter Highlights: Net cash from operating activities of approximately $590 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $520 million and oil and gas capital investments of approximately $415 million [...]

PDC Energy Inc. today announced plans to host a conference call to discuss first quarter 2023 operating and financial results. The Company plans to issue its news release after market close on Wednesday, May 3, 2023, followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. The Company will host a conference call and simultaneous webcast on Thursday [...]

PDC Energy Inc. announced its full year and fourth quarter 2022 financial and operating results and provided 2023 guidance. 2022 Fourth Quarter Highlights: Total production of 22.7 million barrels of oil equivalent or approximately 247,000 Boe per day and oil production of 7.4 million barrels or approximately 80,000 Bbls per day. Net cash from operating activities of approximately $690 million, adjusted cash flows from [...]

PDC Energy Inc. announced today that its Board of Directors declared an increase to its quarterly cash dividend from $0.35 to $0.40 per share on PDC's outstanding common stock. The dividend is payable on March 16, 2023, to stockholders of record at the close of business on March 2, 2023. This marks the second consecutive annual increase since implementing the dividend in 2021. PDC also announced that the Board of [...]

PDC Energy Inc. today announced plans to host a conference call to discuss fourth quarter and full-year 2022 operating and financial results. The Company plans to issue its news release after market close on Wednesday, February 22, 2023, followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. The Company will host a conference call and simultaneous [...]

PDC Energy Inc. announced today that the Colorado Oil and Gas Conservation Commission unanimously approved, with overwhelming support of PDC's efforts, the Company's Guanella Comprehensive Area Plan , which encompasses approximately 33,000 consolidated net acres, 22 locations and approximately 450 wells in Weld County, Colorado. The Guanella CAP further supports the Company's long-term planning and permitting efforts [...]

PDC Energy Inc. announced today that its Board of Directors declared a special dividend of $0.65 per share in addition to a quarterly cash dividend of $0.35 per share on PDC's outstanding common stock. The dividends are payable on December 28, 2022, to stockholders of record at the close of business on December 19, 2022. For the full year of 2022, PDC anticipates returning approximately $1 billion to shareholders through [...]

PDC Energy Inc. today announced its 2022 third quarter financial and operating results. 2022 Third Quarter Highlights: Net cash from operating activities of approximately $850 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $700 million and oil and gas capital investments of approximately $260 million. Approximately $440 million of adjusted free cash flow , a non-U.S [...]

PDC Energy Inc. today announced plans to host a conference call to discuss third quarter 2022 operating and financial results. The Company plans to issue its news release after market close on Wednesday, November 2, followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. The Company will host a conference call and simultaneous webcast on Thursday [...]

PDC Energy Inc. announced today the publication of the Company's 2022 environmental, social and governance materials. The 2022 ESG reports are aligned with the Sustainability Accounting Standards Board , the Taskforce on Climate-related Financial Disclosures , and the American Exploration and Production Council ESG metrics framework. "As a leader in the energy industry, we understand it is incumbent upon us to safely [...]