PDC Energy

PDC Energy is an independent exploration and production company based in Denver, Colorado. Founded in 1969, the company employs 324 people and generates $4.3 billion in annual revenue. PDC Energy is focused on the responsible development of natural resources in the United States. The company specializes in the exploration and production of unconventional oil and gas resources, with a primary focus on the Wattenberg Field in Colorado and the Delaware Basin in West Texas. PDC Energy utilizes its multi-disciplinary technical expertise to develop these resources in an environmentally responsible manner, aiming to generate positive results for its stakeholders. PDC Energy's long-term strategy centers on increasing stockholder value through the acquisition, exploration, and development of oil and natural gas assets that deliver strong returns. The company maintains a conservative and disciplined financial approach, prioritizing a strong balance sheet, solid debt metrics, abundant liquidity, and a robust hedging program. Additionally, PDC Energy actively pursues midstream, marketing, and cost reduction initiatives to enhance per unit operating margins. For more information about PDC Energy and its operations, please visit www.pdce.com.