A Director at PDC Energy (PDCE) is Selling Shares


Today, a Director at PDC Energy (PDCE), David Parke, sold shares of PDCE for $28.04K.

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Based on PDC Energy’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $375 million and GAAP net loss of $3.43 million. In comparison, last year the company earned revenue of $112 million and had a GAAP net loss of $293 million. Currently, PDC Energy has an average volume of 1.06M.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $71.75, reflecting a 82.2% upside.

The insider sentiment on PDC Energy has been negative according to 62 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

David Parke’s trades have generated a 26.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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PDC Energy, Inc. engages in the exploration and production of oil and natural gas. It acquires, explores, and develops properties for the production of crude oil, natural gas, and natural gas liquids. Its primary operations are located in the Wattenberg Field in Colorado and the Delaware Basin in Texas.

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