PDC Energy Inc (PDCE) EVP Lance Lauck Sells 1,500 Shares
PDC Energy Inc (NASDAQ:PDCE) EVP Lance Lauck sold 1,500 shares of PDC Energy stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $53.40, for a total value of $80,100.00. Following the transaction, the executive vice president now directly owns 91,917 shares of the company’s stock, valued at $4,908,367.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
PDC Energy Inc (PDCE) opened at $55.65 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $3,665.83, a price-to-earnings ratio of 142.69 and a beta of 0.79. PDC Energy Inc has a 1 year low of $36.74 and a 1 year high of $78.61.
Several equities analysts recently issued reports on the company. BMO Capital Markets reaffirmed a “hold” rating and set a $58.00 price objective on shares of PDC Energy in a report on Thursday. BidaskClub raised PDC Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 30th. KeyCorp reaffirmed a “buy” rating and set a $55.00 price objective on shares of PDC Energy in a report on Tuesday, September 26th. ValuEngine raised PDC Energy from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, SunTrust Banks set a $55.00 price objective on PDC Energy and gave the stock a “buy” rating in a report on Sunday, October 29th. Eleven equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. PDC Energy presently has an average rating of “Buy” and a consensus price target of $66.75.
PDC Energy Company Profile
PDC Energy, Inc is an independent exploration and production company. The Company produces, develops, acquires and explores for crude oil, natural gas and natural gas liquids (NGLs) with operations in the Wattenberg Field in Colorado and the Utica Shale in southeastern Ohio. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing.
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