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          <ccc>XXXXXXXX</ccc>
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      <liveTestFlag>LIVE</liveTestFlag>


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      <issuerCik>0000077877</issuerCik>
      <issuerName>PDC ENERGY, INC.</issuerName>
      <secFileNumber>001-37419</secFileNumber>
      <issuerAddress>
        <com:street1>1775 SHERMAN STREET</com:street1>
        <com:street2>SUITE 3000</com:street2>
        <com:city>DENVER</com:city>
        <com:stateOrCountry>CO</com:stateOrCountry>
        <com:zipCode>80203</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>303-860-5800</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>BROOKMAN BARTON R JR</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Charles Schwab &amp; Co., Inc.</name>
        <address>
          <com:street1>3000 Schwab Way</com:street1>
          <com:city>Westlake</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>6000</noOfUnitsSold>
      <aggregateMarketValue>330000.00</aggregateMarketValue>
      <noOfUnitsOutstanding>88389372</noOfUnitsOutstanding>
      <approxSaleDate>04/03/2023</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>12/30/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Equity Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>6000</amountOfSecuritiesAcquired>
      <paymentDate>12/30/2015</paymentDate>
      <natureOfPayment>Equity Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>BARTON RICHARD BROOKMAN</name>
        <address>
          <com:street1>C/O 1775 Sherman Street</com:street1>
          <com:street2>Suite 3000</com:street2>
          <com:city>Denver</com:city>
          <com:stateOrCountry>CO</com:stateOrCountry>
          <com:zipCode>80203</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>02/01/2023</saleDate>
      <amountOfSecuritiesSold>2000</amountOfSecuritiesSold>
      <grossProceeds>134167.80</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>BARTON RICHARD BROOKMAN</name>
        <address>
          <com:street1>C/O 1775 Sherman Street</com:street1>
          <com:street2>Suite 3000</com:street2>
          <com:city>Denver</com:city>
          <com:stateOrCountry>CO</com:stateOrCountry>
          <com:zipCode>80203</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>03/01/2023</saleDate>
      <amountOfSecuritiesSold>2000</amountOfSecuritiesSold>
      <grossProceeds>132455.40</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>Shares acquired 12/30/15 through 02/22/2018.</remarks>
    <noticeSignature>
      <noticeDate>04/03/2023</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>05/12/2022</planAdoptionDate>
      </planAdoptionDates>
      <signature>BARTON RICHARD BROOKMAN</signature>
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144
0001234638
XXXXXXXX
LIVE
0000077877
PDC ENERGY, INC.
001-37419
1775 SHERMAN STREET
SUITE 3000
DENVER
CO
80203
303-860-5800
BROOKMAN BARTON R JR
Officer
Common
Charles Schwab & Co., Inc.
3000 Schwab Way
Westlake
TX
76262
6000
330000.00
88389372
04/03/2023
NASDAQ
Common
12/30/2015
Equity Compensation
Issuer
N
6000
12/30/2015
Equity Compensation
N
BARTON RICHARD BROOKMAN
C/O 1775 Sherman Street
Suite 3000
Denver
CO
80203
Common
02/01/2023
2000
134167.80
BARTON RICHARD BROOKMAN
C/O 1775 Sherman Street
Suite 3000
Denver
CO
80203
Common
03/01/2023
2000
132455.40
Shares acquired 12/30/15 through 02/22/2018.
04/03/2023
05/12/2022
BARTON RICHARD BROOKMAN