PDC Energy (PDCE) is scheduled to report 3rd quarter earnings on 11/01/2023.
Regarding Q3 estimates, Wall Street analysts expect PDC Energy to post earnings of $3.14 per share. Revenue expectations are pegged at $821.74 million. Last quarter, PDC Energy missed earnings estimates, reporting EPS of $2.69 on estimates of $2.89. The stock fell by -1.65% the day after the last earnings release.
Year-to-date, PDCE stock has risen by 17.71%.
Is PDC Energy Stock a Buy?
Wall Street’s consensus rating for PDCE stock is a Hold, with an average analyst price target of $82.00, implying upside potential of 11.04% from current levels.
PDCE shares have gained about 14.18% in the past six months.
About PDC Energy
PDC Energy, Inc. engages in the exploration and production of oil and natural gas. It acquires, explores, and develops properties for the production of crude oil, natural gas, and natural gas liquids. Its primary operations are located in the Wattenberg Field in Colorado and the Delaware Basin in Texas. The company was founded in 1969 and is headquartered in Denver, CO.
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