Brief: PDC Energy, Inc. Announces 2023 First Quarter Financial

PDC Energy

03/05/2023 22:09

May 3 (Reuters) - Pdc Energy Inc  PDCE.O :
    * PDC ENERGY, INC. ANNOUNCES 2023 FIRST QUARTER FINANCIAL
AND
OPERATING RESULTS AND UPDATES SECOND QUARTER PRODUCTION AND
FULL-YEAR CAPITAL GUIDANCE
    * PDC ENERGY - FOR 2023, REAFFIRM TOTAL PRODUCTION GUIDANCE
RANGE
OF 255,000 BOE-265,000 BOE/DAY AND CRUDE OIL PRODUCTION RANGE
82,000 BBLS-86,000 BBLS
    * PLANNED 2023 CAPITAL INVESTMENTS IN CRUDE OIL AND NATURAL
GAS
PROPERTIES ARE NOW EXPECTED TO BE ABOUT $1,350 TO $1,450 MILLION
    * FOR Q2, EXPECTS TOTAL PRODUCTION TO BE IN RANGE OF
265,000-277,000 BOE PER DAY AND 87,000-92,000 BBLS PER DAY OF
OIL PRODUCTION
    * QTRLY EARNINGS PER SHARE $4.64
    * Q1 EARNINGS PER SHARE VIEW $2.84 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX8F3HXB 
Further company coverage:  PDCE.O 

 ((Reuters.Briefs@thomsonreuters.com;))