PDC Energy: Update to credit analysis - increasing production and strong metrics
CORPORATES CREDIT OPINION 2 January 2018 Update RATINGS PDC Energy Domicile Denver, Colorado, United States Long Term Rating Ba3 Type LT Corporate Family Ratings - Dom Curr Outlook Stable Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Arvinder Saluja, CFA +1.212.553.16PDC Energy is an independent exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas, and natural gas liquids with operations in the Wattenberg Field in Colorado and the Delaware Basin in Texas. The company's operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and its Delaware Basin operations are primarily focused in the Wolfcamp zones. The company is engaged in two operating segments: its oil and gas exploration and production segment and its gas marketing segment.
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