Current PDCE Stock Info

Achieved 44% yearly production growth
PDC Energy (ticker: PDCE) announced fourth quarter results and reserves today, showing earnings of $77.6 million, or $1.18 per share. The company reported a net loss for the full year of $127.5 million, or ($1.94) per share. PDC’s results this quarter saw a boost from the new tax law, which reduced the company’s deferred tax assets and liabilities by $114.4 million.

PDC produced an average of 94.1 MBOEPD in Q4, and 87.2 MBOEPD through the full year. This represents a year-over-year growth rate of 44%, ...

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