PDC Energy (PDCE) Tops Q1 EPS by 51c

PDC Energy (NASDAQ: PDCE) reported Q1 EPS of $1.40, $0.51 better than the analyst estimate of $0.89.

President and Chief Executive Officer Bart Brookman commented, “Once again, our results clearly reflect the company's priorities: sustainable free cash flow, debt reduction and shareholder returns. Since closing the SRC merger in early 2020, PDC has generated nearly $600 million of free cash flow while reducing debt by approximately $500 million. The Company's financial strength, combined with its focus on shareholder returns and operational excellence, make PDC's story particularly compelling."

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

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