PDC Energy, Inc., an independent exploration and production company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the United States. The company's operations are primarily located in the Wattenberg Field in Colorado and the Delaware Basin in Texas. As of December 31, 2020, it owned interests in approximately 3,727 productive gross wells. The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc. in June 2012. PDC Energy, Inc. was founded in 1969 and is headquartered in Denver, Colorado.
IPO Year:
Exchange: NASDAQ
Website: pdce.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/31/2023 | Buy → Neutral | Seaport Research Partners | |
| 1/10/2023 | $97.00 | Buy | Mizuho |
| 12/12/2022 | $68.00 | Buy → Hold | Truist |
| 10/18/2022 | $74.00 | Buy → Neutral | Goldman |
| 9/20/2022 | Sector Weight | KeyBanc Capital Markets | |
| 7/20/2022 | $76.00 | Buy | MKM Partners |
| 3/3/2022 | $69.00 → $72.00 | Overweight | Keybanc |
| 3/1/2022 | $72.00 → $84.00 | Buy | MKM Partners |
| 2/3/2022 | $64.00 → $67.00 | Overweight | Keybanc |
| 1/20/2022 | $62.00 → $64.00 | Overweight | Keybanc |
Seaport Research Partners downgraded PDC Energy from Buy to Neutral
Mizuho initiated coverage of PDC Energy with a rating of Buy and set a new price target of $97.00
Truist downgraded PDC Energy from Buy to Hold and set a new price target of $68.00
Goldman downgraded PDC Energy from Buy to Neutral and set a new price target of $74.00
KeyBanc Capital Markets initiated coverage of PDC Energy with a rating of Sector Weight
MKM Partners resumed coverage of PDC Energy with a rating of Buy and set a new price target of $76.00
Keybanc reiterated coverage of PDC Energy with a rating of Overweight and set a new price target of $72.00 from $69.00 previously
MKM Partners reiterated coverage of PDC Energy with a rating of Buy and set a new price target of $84.00 from $72.00 previously
Keybanc reiterated coverage of PDC Energy with a rating of Overweight and set a new price target of $67.00 from $64.00 previously
Keybanc reiterated coverage of PDC Energy with a rating of Overweight and set a new price target of $64.00 from $62.00 previously
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)
4 - PDC ENERGY, INC. (0000077877) (Issuer)