PDC Energy (PDCE) Reports Q4 Loss of $2.22/Share

February 27, 2019 5:08 PM EST
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Price: $73.85 --0%

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PDC Energy (NASDAQ: PDCE) reported Q4 EPS of ($2.22), versus $1.98 reported last year. Revenue for the quarter came in at $794.81 million, versus $189.52 million reported last year.

The following table provides projected 2019 financial guidance:

Low High
Production (MMBoe) 46.0 50.0
Capital Investments(1) (millions) $810 $870
Operating Expenses
Lease operating expenses (“LOE”)($/Boe) $2.85 $3.15
Transportation, gathering & processing expense (“TGP”)($/Boe) $0.80 $1.00
Production taxes (% of Crude oil, natural gas & NGLs sales) 6% 7%
General and administrative expense ($/Boe) $3.00 $3.40
Estimated Price Realizations (% of NYMEX) (excludes TGP)
Crude Oil 90% 95%
Natural Gas 50% 55%
NGLs 30% 35%

For earnings history and earnings-related data on PDC Energy (PDCE) click here.



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