Energy Prospectus

The acquisition of SRC Energy, which is estimated to add roughly 10 years of inventory, is likely to contribute around $800 million to PDC Energy’s free cash flow through 2021. Further, the strategic merger will see PDC Energy raising its stock buyback program to $525 million from $200 million while utilizing approximately 50% of its estimated free cash flow of about $800 million to repurchase shares till 2021 end.

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