PDC Energy Inc.’s board of directors has declared a quarterly cash dividend amounting to $0.40 per share of the company’s common stock, according to a May 24 press release.
PDC Energy Inc.’s board of directors has declared a quarterly cash dividend amounting to $0.40 per share of the company’s common stock, according to a May 24 press release.
RELATED: Chevron to Acquire PDC Energy for $6.3 Billion
The dividend will be payable on June 22 to all stockholders of record by close of business on June 8.
PDC Energy is an independent E&P company that works in the development of crude oil, natural gas, and NGLs. It has operations in the Colorado and Delaware Basins in west Texas.
Recommended Reading
E&P Highlights: March 4, 2024
2024-03-04 - Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
Shell Taps TechnipFMC for 20K System for Sparta
2024-02-19 - The deepwater greenfield project in the Gulf of Mexico targets reserves in the high-pressure Paleogene reservoir.
E&P Highlights: April 8, 2024
2024-04-08 - Here’s a roundup of the latest E&P headlines, including new contract awards and a product launch.
After 4Q Struggles, Transocean’s Upcycle Prediction Looks to Pay Off
2024-02-21 - As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights.