Macquarie Downgrades PDC Energy (PDCE) to Neutral

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PDC Energy (PDCE) Reports Q2 Loss of $1.28, Revenues Beat

August 8, 2018 4:33 PM EDT

PDC Energy (NASDAQ: PDCE) reported Q2 EPS of ($1.28), versus $0.59 reported last year. Revenue for the quarter came in at $325.93 million versus the consensus estimate of $303.47 million.

President and Chief Executive Officer, Bart Brookman commented, Our second quarter results were a great testament to our long-term... More