Should I buy or sell PDC Energy stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PDCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDCE, but not buy additional shares or sell existing shares. View PDCE analyst ratings or view top-rated stocks .

What is PDC Energy's stock price target for 2024?

3 analysts have issued 1-year target prices for PDC Energy's shares. Their PDCE share price targets range from $74.00 to $76.00. On average, they anticipate the company's share price to reach $75.00 in the next year. This suggests a possible upside of 1.6% from the stock's current price. View analysts price targets for PDCE or view top-rated stocks among Wall Street analysts .

How were PDC Energy's earnings last quarter?

PDC Energy, Inc. (NASDAQ:PDCE) announced its quarterly earnings results on Wednesday, February, 22nd. The energy producer reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.17. The energy producer earned $879.50 million during the quarter, compared to analyst estimates of $892.11 million. PDC Energy had a trailing twelve-month return on equity of 28.47% and a net margin of 43.85%. The business's revenue for the quarter was down 41.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.86 earnings per share.

How often does PDC Energy pay dividends? What is the dividend yield for PDC Energy?

PDC Energy announced a quarterly dividend on Wednesday, May 24th. Stockholders of record on Thursday, June 8th will be given a dividend of $0.40 per share on Thursday, June 22nd. This represents a $1.60 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Wednesday, June 7th. Read our dividend analysis for PDCE .

Is PDC Energy a good dividend stock?

PDC Energy (NASDAQ:PDCE) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.17%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCE will have a dividend payout ratio of 10.22% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PDCE .

What ETFs hold PDC Energy's stock?

ETFs with the largest weight of PDC Energy (NASDAQ:PDCE) stock in their portfolio include Distillate Small/Mid Cash Flow ETF (DSMC) . Dimensional US Small Cap Value ETF (DFSV) .

What other stocks do shareholders of PDC Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PDC Energy investors own include Advanced Micro Devices (AMD) , Energy Transfer (ET) , RTX (RTX) , Intel (INTC) , Boeing (BA) , Pfizer (PFE) , Callon Petroleum (CPE) , Walt Disney (DIS) , Diamondback Energy (FANG) and WPX Energy (WPX) .

NASDAQ:PDCE

PDC Energy (PDCE) Stock Price, News & Analysis

→ [Urgent!] Generational Wealth Gameplan (From Crypto 101 Media) (Ad)

Free PDCE Stock Alerts

Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

Today's Range: $73.85
▼
$73.85
50-Day Range: $73.64
▼
$75.89
52-Week Range: $51.85
▼
$82.24

Volume: N/A
Average Volume: 1.35 million shs
Market Capitalization: $6.43 billion

P/E Ratio: 3.15
Dividend Yield: 2.17%
Price Target: $75.00

Stock Analysis

Get PDC Energy alerts:

PDC Energy MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 1.6% Upside
$75.00 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -7.95
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 27.55%
From $12.27 to $15.65 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.84 out of 5 stars

Oils/Energy Sector

180th out of 239 stocks

Crude Petroleum & Natural Gas Industry

63rd out of 76 stocks

1.0

Analyst's Opinion

Consensus Rating
PDC Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
PDC Energy has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PDCE.

2.5

Dividend Strength

Dividend Yield
PDC Energy pays a meaningful dividend of 2.17%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
PDC Energy has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of PDC Energy is 8.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, PDC Energy will have a dividend payout ratio of 10.22% next year. This indicates that PDC Energy will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PDC Energy has received a -103.24% net impact score from Upright. The largest negative impact of PDC Energy in category "GHG emissions" seems to be driven mostly by its "Oil exploration services", "Natural gas drilling services", and "Oil drilling services" products. See details.
Environmental Sustainability
The Environmental Impact score for PDC Energy is -7.95.

N/A

News and Social Media Coverage

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PDC Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.50% of the stock of PDC Energy is held by insiders.
Percentage Held by Institutions
95.18% of the stock of PDC Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for PDC Energy are expected to grow by 27.55% in the coming year, from $12.27 to $15.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PDC Energy is 3.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of PDC Energy is 3.15, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.23.
Price to Earnings Growth Ratio
PDC Energy has a PEG Ratio of 0.16. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
PDC Energy has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad TradeSmith

A.I. Pioneer Issues Urgent Warning to Americans

According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”

Click here to learn more while there’s still time.

About PDC Energy Stock (NASDAQ:PDCE)

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. 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.

Ad TradeSmith

A.I. Pioneer Issues Urgent Warning to Americans

According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”

Click here to learn more while there’s still time.

PDCE Stock News Headlines

January 19, 2024 | investing.com

Chevron to begin marketing shale-gas assets in Canada's Duvernay

January 3, 2024 | ca.news.yahoo.com

PDC World Darts Championship 2024: Schedule today, results, draw, how to watch and latest odds

April 18, 2024 | TradeSmith (Ad)

A.I. Pioneer Issues Urgent Warning to Americans

According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”

January 2, 2024 | msn.com

7 Dividend Aristocrats With Boatloads of Passive Income Potential

November 19, 2023 | seekingalpha.com

Tracking George Soros' 13F Portfolio - Q3 2023 Update

November 14, 2023 | msn.com

Chevron reviewing options for East Texas assets after shale acquisitions

October 30, 2023 | markets.businessinsider.com

Hold Rating on Chevron’s Stock Amid Earnings Miss and M&A Challenges: An Analyst’s Perspective

October 11, 2023 | investing.com

Pioneer's mega-sale to Exxon will trigger $71 million in exec windfalls

April 18, 2024 | TradeSmith (Ad)

A.I. Pioneer Issues Urgent Warning to Americans

According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”

October 10, 2023 | investing.com

US would struggle to block Exxon's politically unpopular megadeal

October 9, 2023 | finance.yahoo.com

Matador Resources Co's Meteoric Rise: Unpacking the 15% Surge in Just 3 Months

October 1, 2023 | thestreet.com

PDC Energy Stock Hits New 52-Week High (PDCE)

August 21, 2023 | bloomberg.com

Chevron Cancels Debt Exchange With PDC Bondholders After Pushback

August 15, 2023 | finance.yahoo.com

George Soros' Q2 2023 Investment Moves: A Deep Dive

August 9, 2023 | cbsnews.com

Chevron acquires PDC Energy, creating the largest oil & gas business in Colorado

August 8, 2023 | finance.yahoo.com

Chevron merger deal rewarded departing PDC Energy execs with more than $100 million

August 7, 2023 | finance.yahoo.com

Chevron Closes PDC Deal On Shareholders' Nod; Oil Touches 10-Month High

August 7, 2023 | finance.yahoo.com

Chevron exec explains vision for merged business as $7.6 billion deal for Colorado's PDC Energy closes

July 23, 2023 | benzinga.com

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates UBA, UBP, PDCE, WTT, GHL

July 15, 2023 | markets.businessinsider.com

CVX, COP, or SLB: Which Energy Stock is the Best Pick?

July 12, 2023 | finance.yahoo.com

Here’s Why Oakmark Equity and Income Fund is Holding PDC Energy (PDCE)

July 8, 2023 | finance.yahoo.com

PDC Energy, Inc.'s (NASDAQ:PDCE) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?

July 6, 2023 | benzinga.com

Moore Kuehn Encourages DICE, PDCE, EMAN, and NETI Investors to Contact Law Firm

June 29, 2023 | reuters.com

Chevron offers to sell oil and gas properties in New Mexico, Texas

June 27, 2023 | finance.yahoo.com

Energy Stocks Have Had a Rough Year. But These 5 Are Thriving.

June 21, 2023 | msn.com

This Oil Dividend Stock's $4.7 Billion Deal Takes It in the Opposition Direction as Chevron

June 6, 2023 | finance.yahoo.com

PDCE - PDC Energy, Inc.

See More Headlines

Receive PDCE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PDC Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/22/2023
Today: 4/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: Oil & Gas Exploration & Production
Current Symbol: NASDAQ:PDCE
Previous Symbol: NASDAQ:PETD
CUSIP: 69327R10
CIK: 77877
Web: www.pdce.com
Phone: (303) 860-5800
Fax: 303-831-3988
Employees: 616
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $75.00
High Stock Price Target: $76.00
Low Stock Price Target: $74.00
Potential Upside/Downside: +1.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $20.01
Trailing P/E Ratio: 3.15
Forward P/E Ratio: 6.02
P/E Growth: 0.16
Net Income: $1.78 billion
Net Margins: 43.85%
Pretax Margin: 56.59%
Return on Equity: 28.47%
Return on Assets: 14.49%

Debt

Debt-to-Equity Ratio: 0.34
Current Ratio: 0.49
Quick Ratio: 0.49

Sales & Book Value

Annual Sales: $4.68 billion
Price / Sales: 1.37
Cash Flow: $24.06 per share
Price / Cash Flow: 3.07
Book Value: $43.22 per share
Price / Book: 1.71

Miscellaneous

Outstanding Shares: 87,005,000
Free Float: 85,700,000
Market Cap: $6.43 billion
Optionable: Optionable
Beta: 2.47

A Guide To High-Short-Interest Stocks

MarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. Barton R. Brookman Jr. (Age 61)
CEO, Pres & Director
Comp: $1.95M
Mr. R. Scott Meyers (Age 48)
Exec. VP & CFO
Comp: $953.18k
Mr. David J. Lillo (Age 57)
Sr. VP of Operations
Comp: $775.35k
Ms. Nicole L. Martinet (Age 46)
Gen. Counsel, Sr. VP & Corp. Sec.
Comp: $851.52k
Mr. Lance A. Lauck (Age 61)
Exec. VP of Corp. Devel. & Strategy
Comp: $917.21k
Mr. Troy Welling (Age 44)
Chief Accounting Officer and VP of Change of Control & Severance Plan
Mr. Erik Roach
Director of Reservoir Engineering & Technology
Ms. Sandra E. Jacoby (Age 41)
Sr. VP of Corp. Admin.
Mr. Aaron Vandeford
Director of Investor Relations
Mr. George B. Courcier (Age 66)
VP of Marketing & Midstream

Key Competitors

View All Competitors

Insiders

PDCE Stock Analysis - Frequently Asked Questions

Should I buy or sell PDC Energy stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PDCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDCE, but not buy additional shares or sell existing shares.
View PDCE analyst ratings or view top-rated stocks.
What is PDC Energy's stock price target for 2024?: 3 analysts have issued 1-year target prices for PDC Energy's shares. Their PDCE share price targets range from $74.00 to $76.00. On average, they anticipate the company's share price to reach $75.00 in the next year. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for PDCE or view top-rated stocks among Wall Street analysts.
How were PDC Energy's earnings last quarter?: PDC Energy, Inc. (NASDAQ:PDCE) announced its quarterly earnings results on Wednesday, February, 22nd. The energy producer reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.17. The energy producer earned $879.50 million during the quarter, compared to analyst estimates of $892.11 million. PDC Energy had a trailing twelve-month return on equity of 28.47% and a net margin of 43.85%. The business's revenue for the quarter was down 41.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.86 earnings per share.
How often does PDC Energy pay dividends? What is the dividend yield for PDC Energy?: PDC Energy announced a quarterly dividend on Wednesday, May 24th. Stockholders of record on Thursday, June 8th will be given a dividend of $0.40 per share on Thursday, June 22nd. This represents a $1.60 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Wednesday, June 7th.
Read our dividend analysis for PDCE.

Is PDC Energy a good dividend stock?: PDC Energy (NASDAQ:PDCE) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.17%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PDCE will have a dividend payout ratio of 10.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PDCE.
What ETFs hold PDC Energy's stock?: ETFs with the largest weight of PDC Energy (NASDAQ:PDCE) stock in their portfolio include Distillate Small/Mid Cash Flow ETF (DSMC).Dimensional US Small Cap Value ETF (DFSV).
What other stocks do shareholders of PDC Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PDC Energy investors own include Advanced Micro Devices (AMD), Energy Transfer (ET), RTX (RTX), Intel (INTC), Boeing (BA), Pfizer (PFE), Callon Petroleum (CPE), Walt Disney (DIS), Diamondback Energy (FANG) and WPX Energy (WPX).

This page (NASDAQ:PDCE) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

PDC Energy (PDCE) Stock Price, News & Analysis

PDC Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

Company Ownership

Earnings and Valuation

About PDC Energy Stock (NASDAQ:PDCE)

PDCE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PDCE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™