Stifel Updates for PDCE and XEC - Jan 30
Posted: Thu Jan 30, 2020 11:47 am
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.
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.