NEW YORK (TheStreet) -- Shares of PDC Energy (PDCE - Get Report) are inching up by 0.1% to $48.75 in pre-market trading on Monday, after the company posted its 2015 fourth quarter results.

Before today's market open, the Denver-based oil and gas company reported adjusted earnings of 29 cents per diluted share, which did not meet analysts' expectations for earnings of 45 cents per share.

Revenue for the period was $168.6 million, lower than Wall Street's estimates of $173.94 million.

"PDC successfully navigated the significant challenges and great uncertainty faced by the industry in 2015," CEO and President Bart Brookman said in a statement.

"Since we issued our 2016 budget in early December 2015, we have seen oil prices continue to deteriorate," he added.

The independent exploration and production company produces, develops, acquires and explores for crude oil, natural gas and natural gas liquids.

PDC could be getting a lift from rising oil prices today.

Crude oil (WTI) is gaining 6.31% to $31.51 per barrel this morning and Brent crude is advancing 5.18% to $34.72 per barrel, according to the CNBC.com index.

Separately, TheStreet Ratings Team has a "Hold" rating with a score of C- on the stock.

The primary factors that have impacted the rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks.

The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, the team also finds weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: PDCE

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