PDC Energy (PDCE) Tops Q3 EPS by 42c

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PDC Energy Announces 2020 Third Quarter Operating and Financial Results and Recently Approved Colorado Drilling Permit Applications

November 4, 2020 4:15 PM EST

DENVER, Nov. 04, 2020 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) today announced its 2020 third quarter operating and financial results. 

2020 Third Quarter Highlights:

Net cash from operating activities of approximately $280 million and adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $260 million.Oil and gas capital investments of approximately $35 million.Approximately $225 million of adjusted free cash flow, a non-U.S. GAAP metric reconciled below and defined as net cash flows from operating activities, before changes in... More