PDC Energy (PDCE) Tops Q2 EPS by 53c
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PDC Energy Announces 2021 Second Quarter Results and Establishes New Environmental Performance Targets Including 60 Percent Reduction in Green House Gas Emission Intensity by 2025
August 4, 2021 4:15 PM EDTDENVER, Aug. 04, 2021 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) today announced its 2021 second quarter financial and operating results, updated its full-year guidance and multi-year outlook and provided an environmental, social and governance (ESG) update, including the establishment of new quantitative environmental performance targets.
2021 Second Quarter Highlights:
Net cash from operating activities of approximately $225 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $345 million and oil and gas capital investments of approximately $180 million.Approximately $165 million of... More