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Stock impact report

PDC Energy Announces 2021 Third Quarter Results and Increases Targeted 2021 Shareholder Returns by More Than 15 percent to Over $210 Million

PDC Energy, Inc. (PDCE) 
Last pdc energy, inc. earnings: 2/26 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.pdce.com/presentations.cfm
Company Research Source: GlobeNewswire
DENVER, Nov. 03, 2021 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced its 2021 third quarter financial and operating results, increased its anticipated adjusted free cash flow expectations and amount of targeted shareholder returns in 2021. Third Quarter Company Highlights: Net cash from operating activities of approximately $450 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined below, of approximately $417 million and oil and gas capital investments of approximately $149 million.Approximately $268 million of adjusted free cash flow (“FCF”), a non-U.S. GAAP metric defined below.Returned approximately $72 million of total capital to shareholders through the Company’s quarterly dividend of $0.12 per share (~$12 million) and the repurchase of approximately 1.5 million shares of common stock outstanding (~$60 million). Reduced total debt by $200 million through the retiremen Show less Read more
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