PDC Energy (PDCE) Misses Q4 EPS by 16c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. FISV
10. CVS

Go back to PDC Energy (PDCE) Misses Q4 EPS by 16c

PDC Energy Announces 2015 Year-End and Fourth Quarter Operating and Financial Results; Well Cost Savings Reduce 2016 Capital Forecast to $420 to $450 Million

February 22, 2016 8:02 AM EST

DENVER, Feb. 22, 2016 (GLOBE NEWSWIRE) -- PDC Energy, Inc. ("PDC" or the "Company") (NASDAQ: PDCE) today reported its 2015 year-end and fourth quarter operating and financial results.

2015 Highlights

Achieved 65% production growth from continuing operations over 2014 to 15.4 million barrels of oil equivalent (MMBoe), or 42,100 barrels of oil equivalent per day ("Boe/d"). Average crude oil production of 19,130 barrels per day (Bbls/d), 45% of 2015 total production and a 62% increase over 2014 levels. Maintained conservative debt metrics and strong liquidity throughout 2015. Increased proved reserves 9% to 273 MMBoe with reserve replacement of... More