PDC Energy (PDCE) Misses Q3 EPS by 8c

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Go back to PDC Energy (PDCE) Misses Q3 EPS by 8c

Canaccord Genuity Raises Price target on PDC Energy (PDCE) Following a 3Q Production Beat

November 9, 2015 11:03 AM EST

Canaccord Genuity reiterated a Buy rating on PDC Energy (NASDAQ: PDCE), and raised the price target to $67.00 (from $65.00), following the company's 3Q earnings report. Production for Q3 was 47.0 MBoe/d, beating consensus of 44.6 MBoe/d. Liquidity as of September 30, 2015 was ~$392M, consisting of... More