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PDC Energy (PDCE) Looks Good: Stock Adds 5.2% in Session
PDC Energy, Inc. was a big mover last session, as the company saw its shares rise above 5% on the day. The upside was driven by the company’s decision to acquire two privately held companies for roughly $1.5 billion. This continues the recent uptrend for the company as the stock is now up more than 31% in the past one-month time frame.
In the last 30 days, the company has seen one upward and four downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
PDC Energy currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
PDC ENERGY INC Price
PDC ENERGY INC Price | PDC ENERGY INC Quote
A better-ranked Oil-U.S. Exploration & Production stock is Devon Energy Corporation (DVN - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is PDCE going up? Or down? Predict to see what others think: Up or Down
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