PDC Energy Announces Public Offering of Common Stock

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Go back to PDC Energy Announces Public Offering of Common Stock

PDC Energy (PDCE) Prices Larger 5.15M Common Offering for Proceeds of ~$262.7M

March 8, 2016 8:40 AM EST

PDC Energy, Inc. (Nasdaq: PDCE) announced that it has priced and upsized a public offering from 4,000,000 to 5,150,000 shares of its common stock for total gross proceeds (before underwriters compensation and estimated expenses) of approximately $262.7 million. BofA Merrill Lynch and J.P. Morgan are acting as joint book-running managers for the offering and have offered the shares at prevailing market prices or otherwise from time to time through the NASDAQ Global Select... More