Brief: PDC Energy Posts Quarterly Loss Per Share Of $0.88

PDC Energy

04/08/2021 22:51

Aug 4 (Reuters) - PDC Energy Inc  PDCE.O :
    * 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
    * QTRLY TOTAL PRODUCTION OF 17.4 MILLION BARRELS OF OIL
EQUIVALENT
    * EXPECTED OIL AND GAS CAPITAL INVESTMENTS BETWEEN $550 TO
$600
MILLION IN 2021
    * ANTICIPATED OIL PRODUCTION OF 64,000 TO 66,000 BBLS PER
DAY IN
2021
    * EXPECTED TOTAL PRODUCTION OF 190,000 TO 195,000 BOE PER
DAY IN
2021
    * QTRLY TOTAL REVENUES $228.9 MILLION VERSUS $54.4 MILLION
    * QTRLY LOSS PER SHARE $0.88
    * Q2 EARNINGS PER SHARE VIEW $1.25, REVENUE VIEW $471.7
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX8Ft2m0 
Further company coverage:  PDCE.O 

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