The last three months or so haven't been particularly kind to a number of E&P companies, and PDC Energy (NASDAQ:PDCE) is most definitely in that group. While regional rivals like Antero (NYSE:AR) and Bill Barrett (NYSE:BBG) are still in the black over that short span of time (and PDC has done fine over the past year), the recent performance has left a lot to be desired.
Some of the problems with PDC Energy shares can be tied to overheated expectations earlier in the year, coupled with a disappointing third quarter and year-ahead guide. Some of it is also likely due to ongoing mixed data from the companies Utica acreage. Although I don't think the...
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