PDC Energy, Inc., an independent exploration and production company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the United States. The company's operations are primarily located in the Wattenberg Field in Colorado and the Delaware Basin in Texas. As of December 31, 2017, it had approximately 452.9 million barrels of crude oil equivalent of proved reserves; and owned an interest in approximately 2,900 gross productive wells. The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc. in June 2012. PDC Energy, Inc. was founded in 1969 and is headquartered in Denver, Colorado.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNASDAQ:PDCE
CUSIP69327R10
Phone303-860-5800
Debt
Debt-to-Equity Ratio0.50
Current Ratio0.36
Quick Ratio0.36
Price-To-Earnings
Trailing P/E Ratio-14.81
Forward P/E Ratio28.17
P/E Growth0.78
Sales & Book Value
Annual Sales$921.62 million
Price / Sales3.70
Cash Flow$3.6901 per share
Price / Cash13.97
Book Value$38.07 per share
Price / Book1.35
Profitability
EPS (Most Recent Fiscal Year)($3.48)
Net Income$-127,500,000.00
Net Margins-43.37%
Return on Equity2.52%
Return on Assets1.39%
Miscellaneous
Employees395
Outstanding Shares66,070,000
Market Cap$3.64 billion
PDC Energy (NASDAQ:PDCE) Frequently Asked Questions
What is PDC Energy's stock symbol?
PDC Energy trades on the NASDAQ under the ticker symbol "PDCE."
How were PDC Energy's earnings last quarter?
PDC Energy Inc (NASDAQ:PDCE) posted its quarterly earnings results on Wednesday, August, 8th. The energy producer reported $0.56 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.04. The energy producer earned $212.53 million during the quarter, compared to analyst estimates of $308.73 million. PDC Energy had a positive return on equity of 2.52% and a negative net margin of 43.37%. The company's revenue was down 22.8% compared to the same quarter last year. During the same period last year, the company posted $0.63 earnings per share. View PDC Energy's Earnings History.
When is PDC Energy's next earnings date?
What price target have analysts set for PDCE?
21 equities research analysts have issued 12 month price objectives for PDC Energy's shares. Their predictions range from $62.00 to $88.00. On average, they expect PDC Energy's share price to reach $71.8235 in the next twelve months. This suggests a possible upside of 39.3% from the stock's current price. View Analyst Price Targets for PDC Energy.
What is the consensus analysts' recommendation for PDC Energy?
21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last year. There are currently 4 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PDC Energy.
Who are some of PDC Energy's key competitors?
Some companies that are related to PDC Energy include Diamondback Energy (FANG), EQT (EQT), Encana (ECA), Cenovus Energy (CVE), TORAY INDUSTRIE/ADR (TRYIY), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), RSP Permian (RSPP), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR) and Centennial Resource Development (CDEV).
Who are PDC Energy's key executives?
PDC Energy's management team includes the folowing people:
- Mr. Barton R. Brookman Jr., CEO, Pres & Director (Age 56)
- Mr. Scott J. Reasoner, Chief Operating Officer (Age 57)
- Mr. Daniel W. Amidon, Sr. VP, Gen. Counsel & Corp. Sec. (Age 57)
- Mr. Lance A. Lauck, Exec. VP of Corp. Devel. & Strategy (Age 56)
- Mr. R. Scott Meyers, Chief Financial Officer (Age 43)
Has PDC Energy been receiving favorable news coverage?
Media headlines about PDCE stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PDC Energy earned a coverage optimism score of 0.12 on Accern's scale. They also gave news stories about the energy producer an impact score of 46.50 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for PDC Energy.
Who are PDC Energy's major shareholders?
PDC Energy's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.63%), FMR LLC (5.12%), Victory Capital Management Inc. (4.80%), Van ECK Associates Corp (2.84%), Bank of New York Mellon Corp (2.63%) and Earnest Partners LLC (2.20%). Company insiders that own PDC Energy stock include Barton R Brookman Jr, Daniel Willson Amidon, David C Parke, Jeffrey C Swoveland, Joseph E Casabona, Kimberly Luff Wakim, Lance Lauck, Larry F Mazza, R Scott Meyers and Scott J Reasoner. View Institutional Ownership Trends for PDC Energy.
Which institutional investors are selling PDC Energy stock?
PDCE stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Glenmede Trust Co. NA, Dimensional Fund Advisors LP, Millennium Management LLC, Summit Trail Advisors LLC, Dynamic Technology Lab Private Ltd, First Trust Advisors LP and Caymus Capital Partners L.P.. Company insiders that have sold PDC Energy company stock in the last year include Barton R Brookman Jr, Daniel Willson Amidon, David C Parke, Jeffrey C Swoveland, Lance Lauck, Larry F Mazza and Scott J Reasoner. View Insider Buying and Selling for PDC Energy.
Which institutional investors are buying PDC Energy stock?
PDCE stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Castleark Management LLC, Rothschild Asset Management Inc., Renaissance Technologies LLC, Frontier Capital Management Co. LLC, Federated Investors Inc. PA, Portolan Capital Management LLC and Victory Capital Management Inc.. View Insider Buying and Selling for PDC Energy.
How do I buy shares of PDC Energy?
Shares of PDCE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PDC Energy's stock price today?
One share of PDCE stock can currently be purchased for approximately $51.55.
How big of a company is PDC Energy?
PDC Energy has a market capitalization of $3.64 billion and generates $921.62 million in revenue each year. The energy producer earns $-127,500,000.00 in net income (profit) each year or ($3.48) on an earnings per share basis. PDC Energy employs 395 workers across the globe.
How can I contact PDC Energy?
PDC Energy's mailing address is 1775 SHERMAN STREET SUITE 3000, DENVER CO, 80203. The energy producer can be reached via phone at 303-860-5800 or via email at [email protected]
MarketBeat Community Rating for PDC Energy (NASDAQ PDCE)
MarketBeat's community ratings are surveys of what our community members think about PDC Energy and other stocks. Vote "Outperform" if you believe PDCE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PDCE will underperform the S&P 500 over the long term. You may vote once every thirty days.
