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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