Current PDCE Stock Info

$750 Million CapEx split between Wattenberg and Delaware
Wattenberg producer PDC Energy (ticker: PDCE) reported first quarter results on May 5, showing net income of $46.1 million, or $0.70 per diluted share. This significantly outperforms the $71.5 million net loss in Q1 2016 or the $55.6 million loss in Q4 2016.
Average sale price up 73%
First quarter production was 6.65 MMBOE, an increase of 45.5% over the 4.57 MMBOE PDC produced in Q1 2016. The commodity price recovery makes this increase even more meaningful, as PDC’s weighted average s...

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