PDC Energy Posts Second Quarter Results; Utica and Wattenberg Still Driving the Valuation; One Quarter Don’t Make a Season
PDC Energy (ticker: PDCE) is an independent natural gas and oil company that operates in Colorado within the liquid-rich Wattenberg Field and the Appalachian Basin including the emerging liquid-rich Utica Shale play in Ohio and the Marcellus Shale in West Virginia. Click here for the news release. The company’s transcript can be found here. PDC Energy announced in their second