Stifel Updates for PDCE and XEC - Jan 30

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dan_s
Posts: 37325
Joined: Fri Apr 23, 2010 8:22 am

Stifel Updates for PDCE and XEC - Jan 30

Post by dan_s »

NBL ($20.60, Buy)
We are updating our 2020 and 2021 natural gas production estimates to reflect a more gradual ramp at Leviathan.

PDCE ($21.31, Buy)
We are updating our 2020 quarterly production estimates to reflect a more gradual ramp in production following the 1Q20 closing of the SRC
Energy acquisition.

XEC ($45.36, Buy)
We are updating our 2020 quarterly estimates to reflect more 2H20 weighted production growth.
Dan Steffens
Energy Prospectus Group
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