Current PDCE Stock Info

Oil production up 47% YOY
PDC Energy (ticker: PDCE) announced third quarter results today, showing a net loss of $292.5 million, or ($4.44) per diluted share.

This loss was entirely due to PDC’s Western Delaware activities. As reported in the previous quarter, the company’s two exploratory wells in the Western portion of its acreage had diminished results, and were not judged to be competitive with the Central and Eastern locations. This led PDC to take an impairment on the Western properties. Not including the costs related to the Western ...

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