5 High Growth Low PE Stocks

2. PDC Energy, Inc. (NASDAQ:PDCE)

PE Ratio as of February 16, 2022: 3.37

Colorado-based PDC Energy, Inc. (NASDAQ:PDCE) has a PE ratio of 3.42 as of February 16. PDC Energy, Inc. (NASDAQ:PDCE) has gained about 14% over the past 12 months. In December, PDC Energy, Inc. (NASDAQ:PDCE) declared a quarterly dividend of $0.35 per share, the same as in the previous quarter. PDC Energy, Inc. (NASDAQ:PDCE) also declared a special dividend of $0.65 per share.

In November, PDC Energy, Inc. (NASDAQ:PDCE) posted its third quarter results. Revenue in the period increased by 210% on a YoY basis to total $1.51 billion, beating estimates by $450 million.

PDC Energy, Inc. (NASDAQ:PDCE) said for the last quarter of 2022 it was expecting production to be in a range of 245,000-255,000 Boe per day.