PDC Energy Inc (NASDAQ:PDCE) COO Scott J. Reasoner sold 1,000 shares of the company’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $55.83, for a total transaction of $55,830.00. Following the completion of the transaction, the chief operating officer now owns 62,338 shares of the company’s stock, valued at $3,480,330.54. The sale was disclosed in a filing with the SEC, which is available at this link.
PDC Energy Inc (PDCE) traded up $0.19 during trading hours on Thursday, hitting $53.87. 1,144,463 shares of the stock were exchanged, compared to its average volume of 840,067. The stock has a market cap of $3,570.00, a P/E ratio of -13.27 and a beta of 0.79. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.43. PDC Energy Inc has a 12-month low of $36.74 and a 12-month high of $78.61.
PDC Energy (NASDAQ:PDCE) last released its earnings results on Monday, November 6th. The energy producer reported $0.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.06. PDC Energy had a negative net margin of 29.31% and a positive return on equity of 0.94%. analysts expect that PDC Energy Inc will post -3.55 EPS for the current fiscal year.
PDCE has been the subject of several research reports. KeyCorp restated a “buy” rating and issued a $55.00 price objective on shares of PDC Energy in a report on Tuesday, September 26th. Stifel Nicolaus set a $69.00 price objective on shares of PDC Energy and gave the stock a “buy” rating in a report on Thursday, October 5th. Jefferies Group initiated coverage on shares of PDC Energy in a report on Monday, October 9th. They issued a “buy” rating and a $60.00 price objective for the company. BMO Capital Markets set a $53.00 price objective on shares of PDC Energy and gave the stock a “hold” rating in a report on Tuesday, October 10th. Finally, Barclays upped their price objective on shares of PDC Energy from $59.00 to $63.00 and gave the stock an “overweight” rating in a report on Wednesday, October 11th. Eleven research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $67.30.
PDC Energy Company Profile
PDC Energy, Inc is an independent exploration and production company. The Company produces, develops, acquires and explores for crude oil, natural gas and natural gas liquids (NGLs) with operations in the Wattenberg Field in Colorado and the Utica Shale in southeastern Ohio. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing.
Receive News & Ratings for PDC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDC Energy and related companies with MarketBeat.com's FREE daily email newsletter.