US69327R1014 - Common Stock
PDC ENERGY INC
NASDAQ:PDCE (8/4/2023, 7:23:12 PM)
After market: 73.85 0 (0%)73.85
-0.2 (-0.27%)
PDC Energy, Inc. engages in the exploration and production of oil and natural gas. The company is headquartered in Denver, Colorado and currently employs 616 full-time employees. The firm acquires, explores, and develops properties for the production of crude oil, natural gas and natural gas liquids (NGLs), with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas. Its operations in the Wattenberg Field are focused on the horizontal Niobrara and Codell plays, and its Delaware Basin operations are primarily focused on the horizontal Wolfcamp zones. The firm owns an interest in approximately 4,100 gross productive wells. The firm's wholly owned subsidiaries include PDC Permian, Inc., and Pioneer Water Pipeline LLC.
PDC ENERGY INC
1099 18Th Street, Suite 1500
Denver COLORADO 80203
P: 13038605800.0
CEO: Barton Brookman
Employees: 616
Website: http://www.pdce.com/
ExxonMobil and Chevron announce third-quarter earnings early Friday.
Chevron Corp. terminated its debt exchange offer with PDC Energy Inc.’s bondholders after receiving low turnout, according to a statement Monday.
A substantial majority of PDC Energy Inc.’s bondholders say they won’t tender their bonds following the company’s acquisition by Chevron Corp. because the compensation for the swap is too low, according to people with knowledge of the matter.
Chevron (CVX) said it has officially closed its acquisition of PDC Energy (PDCE) in a $6.3B deal, following approval by PDC shareholders.
Chevron announced Monday PDC Energy shareholders approved its purchase of the company.
These energy stocks have notable catalysts coming down the pipeline.
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