Downgrades Buy Neutral X

PDCE PDC Energy

Seaport Research Partners

Initiated Buy X

PDCE PDC Energy

Mizuho

$97

Downgrades Buy Hold X

PDCE PDC Energy

Truist

$68

Downgrades Buy Neutral X

PDCE PDC Energy

Goldman

$74

Initiated Sector Weight X

PDCE PDC Energy

KeyBanc Capital Markets

Resumed Buy X

PDCE PDC Energy

MKM Partners

$76

Resumed Buy X

PDCE PDC Energy

Seaport Global Securities

$45

Downgrades Outperform Mkt Perform X

PDCE PDC Energy

BMO Capital Markets

$50 $38

Resumed Outperform X

PDCE PDC Energy

Wells Fargo

$53

Reiterated Outperform X

PDCE PDC Energy

Imperial Capital

$66 $68

Reiterated Outperform X

PDCE PDC Energy

Imperial Capital

$57 $61

Upgrades Eq Weight Overweight X

PDCE PDC Energy

CapitalOne

Initiated Buy X

PDCE PDC Energy

Citigroup

$45

Downgrades Buy Neutral X

PDCE PDC Energy

BofA/Merrill

Downgrades Overweight Eq Weight X

PDCE PDC Energy

CapitalOne

Initiated Overweight X

PDCE PDC Energy

KeyBanc Capital Mkts

Downgrades Buy Hold X

PDCE PDC Energy

Tudor Pickering

Initiated Buy X

PDCE PDC Energy

MKM Partners

$67

Initiated Overweight X

PDCE PDC Energy

Stephens

$72

Reiterated Outperform X

PDCE PDC Energy

Imperial Capital

$90 $88

Reiterated Buy X

PDCE PDC Energy

Stifel

$87 $86

Downgrades Outperform Neutral X

PDCE PDC Energy

Macquarie

Initiated Buy X

PDCE PDC Energy

TD Securities

Upgrades Accumulate Buy X

PDCE PDC Energy

Johnson Rice

Upgrades Neutral Buy X

PDCE PDC Energy

Goldman

Reiterated Buy X

PDCE PDC Energy

Williams Capital Group

$69 $76

Upgrades Hold Buy X

PDCE PDC Energy

Tudor Pickering

Reiterated Outperform X

PDCE PDC Energy

Imperial Capital

$73 $87

PDCE  PDC Energy, Inc.

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. The Company's Oil and Gas Exploration and Production segment includes all of its crude oil and natural gas properties. The Company's Gas Marketing segment purchases, aggregates and resells natural gas. The Company's operations in the Wattenberg Field are focused on the horizontal Niobrara and Codell plays. Its Delaware Basin operations are focused in the Wolfcamp zones and its Ohio operations are focused in the Utica Shale play. As of December 31, 2016, the Company owned an interest in approximately 2,900 productive gross wells.