PDCE

PDC Energy Inc

Energy


Presented:04/27/2020
Price:$10.56
Cap:$1.05B
Current Price:$73.85
Cap:$6.43B

Presented

Date04/27/2020
Price$10.56
Market Cap$1.05B
Ent Value$2.83B
P/E RatioN/A
Book Value$37.90
Div Yield0%
Shares O/S99.43M
Ave Daily Vol2,468,577
Short Int13.65%

Current

Price$73.85
Market Cap$6.43B
PDC Energy, Inc. engages in the exploration and production of oil and natural gas. It acquires, explores, and develops properties for the production of crude oil, natural gas, and natural gas liquids. Its primary operations are located in the Wattenberg Field in Colorado and the Delaware Basin in Texas. The company was founded in 1969 and is headquartered in Denver, CO.

Publicly traded companies mentioned herein: PDC Energy Inc (PDCE)

Highlights

The presenter is bullish on PDC Energy Inc (PDCE), noting that he likes its entire capital structure. His outlook is supported by PDC’s exposure to gas and NGL, which he views as a positive given current market conditions, as well as the company’s strong management team whose focus on FCF is aligned with shareholders. Going forward, the presenter thinks PDC is well-positioned to meet its liabilities and maintain its strong financial position.

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Idea Discussion

Commentor 1 - 2 weeks ago

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