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Chevron to Acquire PDC Energy

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Chevron announces agreement to acquire PDC Energy

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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US: Chevron announces agreement to acquire PDC energy

Chevron has entered into a definitive agreement with PDC Energy to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 billion. The total enterprise value, including debt, of the transaction is $7.6 billion. The acquisition of PDC provides Chevron with high-quality assets expected to deliver higher returns in lower carbon intensity basins in the United States.

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Chevron to acquire PDC Energy Inc. for $7.6 billion

Chevron has entered into a definitive agreement to acquire PDC Energy Inc. The stock and debt transaction totals to $7.6 billion.

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Chevron Corporation - Chevron Announces Agreement to Acquire PDC Energy

Highlights Complementary to Chevron's operations in important U.S. production basins Adds 10% to oil equivalent proved reserves for under $7 per barrel Accretive to earnings per shar. . .

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Chevron Announces Agreement To Acquire PDC Energy

Chevron Corporation announced today that it has entered into a definitive agreement with PDC Energy, Inc. (NASDAQ: PDCE) to acquire all of the...

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- Chevron announces agreement to acquire...

- Chevron announces agreement to acquire...
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Chevron expands presence in DJ Basin with PDC purchase – BizWest

Chevron expands presence in DJ Basin with PDC purchase – BizWest
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