PDC Energy (NASDAQ:PDCE)
CAPS Rating:
An independent energy company engaged primarily in the development, production and marketing of natural gas and oil.
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An independent energy company engaged primarily in the development, production and marketing of natural gas and oil.
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This has been a disappointment. Very poorly managed and cannot make a decent profit even with the upside potential in these energy deficient temes.
Energy deficient or not, Natural gas prices have been severely depressed for the last year, as compared to petroleum. This should change soon, and margins should increase with the increase in natural gas prices