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PETROL DEV
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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 CET

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 [email protected]

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Financials ($)
Sales 2017 980 M
EBIT 2017 -47,3 M
Net income 2017 -125 M
Debt 2017 1 240 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 63,61
EV / Sales 2017 4,25x
EV / Sales 2018 3,69x
Capitalization 2 929 M
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Average target price 60,3 $
Spread / Average Target 36%
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NameTitle
Barton R. Brookman President, CEO & Director
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David W. Honeyfield Chief Financial Officer & Senior Vice President
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