16 Jan

PDC Energy’s Performance: What Happened to the Stock in 2017?

WRITTEN BY Keisha Bandz FEATURED IN Price Movement Observations

PDC Energy’s stock performance

We’ll now look at PDC Energy’s (PDCE) stock performance compared to the broader energy sector, the broader market, and energy prices.

PDC Energy’s Performance: What Happened to the Stock in 2017?

As you can see from the image above, PDCE’s stock had fallen significantly in 2017, giving a return of -30% by the end of 2017, compared to the beginning of 2017 levels. PDCE underperformed the broader energy ETF, the Energy Select Sector SPDR ETF (XLE), which fell 1% in the period.

Meanwhile, the broader market S&P 500 SPDR ETF (SPY)(SPX-INDEX) gave a return of ~21% in the same period.

PDCE stock also underperformed crude oil prices (UCO), which rose 25% by the end of 2017 compared to January 2017. Meanwhile, natural gas prices fell 10% in the same period.

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