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Tuesday, January 7, 2025

November 6, 2018

PDC: Prop 112 Would Not Affect 2019 Plans, After That Impact Would Be “Dramatic”

November 6, 2018

Midstream constraints impact DJ results PDC Energy (ticker: PDCE) announced third quarter results today, showing net losses of $3.4 million, or ($0.05) per share. PDC produced about 110 MBOEPD in Q3, up 21% from last year and up 6% sequentially. This is slightly below expectations, due to constraints in the DJ Basin. PDC reports the Delaware produced above expectations, however,

Carrizo Avoids Delaware Differentials with Pivot to Eagle Ford

November 6, 2018

Planning frac holiday in November and December Carrizo Oil & Gas (ticker: CRZO) announced third quarter results today, showing net earnings of $76.1 million, or $0.85 per share. Carrizo produced 64.6 MBOEPD this quarter, up 17% from 2017 and above the high end of the company’s guidance. This outperformance led Carrizo to increase its full-year production guidance from 58.9 MBOEPD

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