PDC Energy Declares Quarterly Cash Dividend on Common Shares

PDC Energy announced a quarterly cash dividend of $0.12 per share on its common stock, to be paid on September 22, 2021.

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Rhea-AI Summary

PDC Energy announced a quarterly cash dividend of $0.12 per share on its common stock, to be paid on September 22, 2021. Stockholders of record as of September 8, 2021 will be eligible. The company focuses on the exploration and production of crude oil, natural gas, and NGLs, operating primarily in the Wattenberg Field in Colorado and the Delaware Basin in Texas, emphasizing horizontal plays.

Positive

Quarterly cash dividend of $0.12 per share.
Solid dividend payment schedule enhances shareholder income.

Negative

None.

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News Market Reaction – PDCE

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08/25/2021 - 09:12 AM EDT

DENVER, Aug. 25, 2021 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share on PDC’s outstanding common stock. The dividend is payable on September 22, 2021 to stockholders of record at the close of business on September 8, 2021.

About PDC Energy, Inc.

PDC Energy, Inc. is a domestic independent exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas and NGLs, with operations in the Wattenberg Field in Colorado and Delaware Basin in west Texas. Its operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and our Delaware Basin operations are primarily focused in the horizontal Wolfcamp zones.

Contacts:	Kyle Sourk
	Director Corporate Finance & Investor Relations
	303-318-6150
	kyle.sourk@pdce.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of the dividend declared by PDC Energy?

PDC Energy declared a quarterly cash dividend of $0.12 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 22, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is September 8, 2021.

What are the primary operations of PDC Energy?

PDC Energy primarily explores and produces crude oil, natural gas, and NGLs in the Wattenberg Field and Delaware Basin.

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PDC Energy Declares Quarterly Cash Dividend on Common Shares