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PETROL DEV : PDC Energy Announces Investor Conference Call to Discuss Gas Price Realizations

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05/21/2011 | 02:47am CEST

PDC Energy Announces Investor Conference Call to Discuss Gas Price Realizations

DENVER, May 20, 2011 (GLOBE NEWSWIRE) -- PDC Energy (the "Company" or "PDC") (Nasdaq:PETD) today announced the Company will host a conference call on Monday, May 23, 2011 to provide additional detail on previously announced gas price realizations. Conference call materials will be available on the Company's website, www.petd.com, at the time of the call.

Conference Call and Webcast:

Date/Time: Monday, May 23, 2011, 1:00 p.m. ED Webcast available at: www.petd.com

Domestic Dial-In (toll free): 877-312-5520

International Dial-In: 253-237-1142

Conference ID: 69692369

Replay Numbers:

Domestic (toll free): 800-642-1687

International Dial-In: 706-645-9291

Conference ID: 69692369

Upcoming Conference Presentations

PDC is scheduled to present at Hart Energy's Developing Unconventional Oil Conference in Denver, Colorado on May 25,

2011. Please see the Company's website for full details. About PDC Energy

PDC Energy is an independent energy company engaged in the development, production and marketing of natural gas and oil. Its operations are focused in the Rocky Mountains with additional operations in the Appalachian and Permian Basins. PDC

included in the S&P SmallCap 600 Index and the Russell 3000 Index of Companies.

CONTACT: Marti Dowling

Manager Investor Relations

303-831-3926 ir@petd.com

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Financials ($)
Sales 2016 626 M
EBIT 2016 -48,4 M
Net income 2016 -68,0 M
Debt 2016 369 M
Yield 2016 0,03%
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 4,49x
EV / Sales 2017 4,06x
Capitalization 2 443 M
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Income Statement Evolution
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Consensus 
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 71,8 $
Spread / Average Target 36%
Consensus details
EPS Revisions
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Managers
NameTitle
Barton R. Brookman President, Chief Executive Officer & Director
Jeffrey C. Swoveland Non-Executive Chairman
Scott J. Reasoner Senior Vice President-Operations
R. Scott Meyers Chief Financial & Accounting Officer
James F. Gaulke Vice President-Information Technology
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1st jan.Capitalization (M$)
PETROL DEV2 443
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