
PDC Predicts 50% Production Growth in 2017
CapEx up 87% from 2016 levels PDC Energy (ticker: PDCE) released fourth quarter results and reserves yesterday, showing a net loss of $55.6 million, or ($0.94) per diluted share. Total 2016 results are a loss of $245.9 million, or ($5.01) per diluted share. After adjusting for derivative results, fourth quarter and full year results are $0.18 and ($0.75) per share,