PDC Energy, Inc. Information

Founded in 1969, PDC Energy is an independent exploration and production company focused on responsible development of natural resources in some of the most prolific oil and gas regions in the United States, specifically in the core of the Wattenberg Field in Colorado and the Delaware Basin in West Texas. We apply our multi-disciplinary technical expertise to the development of unconventional oil and gas resources to generate positive results in a responsible manner. PDC Energy is committed and dedicated to serving the interests of all our stakeholders by being a good steward of the resources we operate and delivering attractive returns to our investors. PDC Energy’s long-term growth strategy is to generate stockholder value through the acquisition, exploration, and development of crude oil and natural gas assets capable of delivering strong returns with a focus on generating sustainable free cash flow. Maintaining a conservative and disciplined financial strategy, which includes a strong balance sheet and solid debt metrics, abundant liquidity, and a robust hedging program is critical to our success. Additionally, we constantly pursue various midstream, marketing, and cost reduction initiatives designed to increase per unit operating margins.