PDC Energy (PDCE) Reports Q1 Revenues Beat

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/29/2026

1. NOW
2. MSFT
3. GOOGL
4. FTNT
5. EBAY
6. CMG
7. TENB
8. KLAC
9. BIIB
10. ETSY

Go back to PDC Energy (PDCE) Reports Q1 Revenues Beat

PDC Energy Announces 2020 First Quarter Results and Provides Projected 2020 Guidance

May 7, 2020 4:30 PM EDT

DENVER, May 07, 2020 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) today announced its 2020 first quarter operating and financial results.  The Company also provided detailed commentary regarding its 2020 operating plan.

2020 First Quarter Highlights:

In May, the Companys semi-annual redetermination resulted in a borrowing base of $1.7 billion under its revolving credit facility with elected commitments remaining at $1.7 billion, resulting in total liquidity, as of April 30, 2020, of approximately $1.0 billion.Net cash from operating activities of approximately $266 million and adjusted cash flows from operations, a non-U.S. GAAP... More