PDC Energy Stock News

Having grown steadily under the leadership of Mike Wirth, Chevron just extended its CEO's tenure. That's great news as Wirth has big plans for the next five years, including a big upcoming acquisition

U.S. oil and gas deals rebounded in the second quarter as private equity firms shed shale portfolio investments and publicly traded oil firms grabbed smaller rivals.

Chevron is buying PDC Energy. The core reason for the purchase is to increase the energy giant's oil reserves.

Chevron Corporation (NYSE:CVX)'s planned acquisition of PDC Energy Inc is another example of the company effectively using its premium multiple to acquire companies, analysts at RBC Capital Market sai

Chevron's acquisition of PDC Energy highlights the valuation differences that give Chevron a shopping advantage. The positive reaction of the market to the acquisition announcement may mark a coming c

Oil prices seem likely to rally later this year as demand outpaces supplies. That will enable Chevron to produce even more cash.

Chevron's latest acquisition is yet another demonstration of the financial discipline that has made the company the best-performing supermajor this century.

Chevron stock is down 9.6% in May as analysts revised their opinion on the U.S. energy giant after the news of the $6.3 billion deal for PDC Energy. The post Chevron Stock Upgraded To A Buy After $6 B

Oil and gas giant Chevron (NYSE: CVX ) — one of the world's supermajors — generated headlines Monday morning when it announced the acquisition of shale producer PDC Energy (NASDAQ: PDCE ), sending

PDC Energy shares (PDCE) are jumping after Chevron (CVX) announced an agreement to buy the energy exploration and production company for $6.3 billion.

Chevron Corp.'s plan to buy PDC Energy Inc. in a $6.3 billion deal, or $7.6 billion when including debt, has a few unexpected turns for Wall Street.

Chevron Corp revealed that it would acquire PDC Energy Inc (NASDAQ:PETD) in an all-stock deal for $6.3 billion, including debt, bolstering the energy company's position in key US production basins. Th

Chevron Corp. CVX, +0.79% announced Monday an agreement to buy Colorado-based oil and gas producer PDC Energy Inc. PDCE, +0.25% in an all-stock deal valued at $6.3 billion, or $7.6 billion when includ

'PDC's attractive and complementary assets strengthen Chevron's position in key U.S. production basins,' says Chevron Chairman and CEO Mike Wirth in a statement.

Chevron Corp said on Monday it would acquire PDC Energy Inc in an all-stock transaction for $7.6 billion, including debt.