EnerCom Denver - The Energy Investment Conference will celebrate its 27th year of bringing a broad group of public and private energy companies, energy analysts, industry leaders and investors to Denver, Aug. 7-10, 2022 Registration is Open for EnerCom Denver - The Energy Investment Conference EnerCom, Inc. today announced that it has published its preliminary line-up of presenting companies for EnerCom Denver on the [...]
PDC Energy Inc. today announced its 2022 first quarter financial and operating results. 2022 First Quarter Highlights: Net cash from operating activities of approximately $489 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $539 million and oil and gas capital investments of approximately $220 million. Approximately $319 million of adjusted free cash flow , a non-U.S [...]
PDC Energy Inc. today announced plans to host a conference call to discuss first quarter 2022 operating and financial results. The Company plans to issue its news release after market close on Wednesday, May 4, followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. Conference Call and Webcast: Date/Time: Thursday, May 5, 2022 at 11:00 a.m. ET [...]
Acquisition Adds Significant Scale to Core Wattenberg Position, is Accretive to Key Financial and Operating Metrics, Maintains Strong Balance Sheet Increases Quarterly Base Dividend More Than 100% to $0.25 per Share with Expectations to Further Increase to $0.35 per Share Upon Acquisition Closing Commits to Returning a Minimum of 60% of Annual Post-Dividend FCF to Shareholders via Systematic Share Repurchases and Special [...]
PDC Energy Inc. today announced plans to reschedule its conference call to discuss its fourth quarter and full-year 2021 operating and financial results. The Company now plans to issue its news release before market open tomorrow - Monday, February 28 - followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. Conference Call and Webcast: Date/Time [...]
PDC Energy Inc. today announced plans to host a conference call to discuss fourth quarter and full-year 2021 operating and financial results. The Company plans to issue its news release after market close on Monday, February 28, followed thereafter by additional materials. The release and materials will be available on the Company's website, www.pdce.com. Conference Call and Webcast: Date/Time: Tuesday, March 1, 2022 at [...]
PDC Energy Inc. announced today that it appointed Pamela R. Butcher to its board of directors on February 2, 2022. Ms. Butcher brings nearly 40 years of leadership experience in the chemical industry, most recently as CEO, President and Chief Operating Officer at Pilot Chemical Corp. , a position she retired from in January 2021. Prior to Pilot, Ms. Butcher worked 29 years for Dow Inc. in a variety of executive positions [...]
PDC Energy Inc. announced today that its Board of Directors declared a special dividend of $0.50 per share in addition to a quarterly cash dividend of $0.12 per share on PDC's outstanding common stock. The dividends are payable on December 29, 2021 to stockholders of record at the close of business on December 17, 2021. PDC's total 2021 shareholder returns, consisting of share repurchases and base dividend payments [...]
PDC Energy Inc. today announced its 2021 third quarter financial and operating results, increased its anticipated adjusted free cash flow expectations and amount of targeted shareholder returns in 2021. Third Quarter Company Highlights: Net cash from operating activities of approximately $450 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $417 million and oil and gas [...]
PDC Energy Inc. announced today that it has given notice to U.S. Bank National Association that it will redeem the remaining $102,324,000.00 in aggregate principal amount of its 6.250% Senior Notes due 2025 on December 1, 2021. The redemption price for the Notes will be equal to 103.125% of the principal amount thereof plus accrued and unpaid interest, pursuant to the Indenture, dated as of November 29, 2017, among PDC [...]
PDC Energy Inc. announced today that the Colorado Oil and Gas Conservation Commission approved the Company's Spinney Oil & Gas Development Plan permit application. The Spinney, an eight-well pad in rural Weld County, Colorado, marks PDC's first approved permit under the new rules, which were enacted in January 2021. As of September 30, and inclusive of the Spinney OGDP, PDC's estimated combined approved permits and [...]
PDC Energy Inc. announced today that is has given notice to U.S. Bank National Association that it will redeem $200 million in aggregate principal amount of its 6.125% Senior Notes due 2024 on November 3, 2021. The redemption price for the Notes will be equal to 101.531% of the principal amount thereof plus accrued and unpaid interest, pursuant to the Indenture, dated as of September 15, 2016, among PDC and the Trustee [...]