PDC Energy Company Profile (NASDAQ:PDCE)

About PDC Energy

PDC Energy logoPDC Energy, Inc. is an independent exploration and production company. The Company produces, develops, acquires and explores for crude oil, natural gas and natural gas liquids (NGLs) with operations in the Wattenberg Field in Colorado and the Utica Shale in southeastern Ohio. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing. The Company's Oil and Gas Exploration and Production segment includes all of its crude oil and natural gas properties. The Company's Gas Marketing segment purchases, aggregates and resells natural gas produced by it and others. The Company's operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and its Ohio operations are focused in the Utica Shale play. The Company owns an interest in approximately 3,000 gross producing wells, of which approximately 650 are horizontal. The Company has approximately 270 million barrels of oil equivalent (MMBoe) of proved reserves.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NASDAQ
  • Symbol: PDCE
  • CUSIP: 69327R10
Key Metrics:
  • Previous Close: $65.74
  • 50 Day Moving Average: $64.65
  • 200 Day Moving Average: $59.55
  • 52-Week Range: $42.68 - $71.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -58.70
  • P/E Growth: -5.76
  • Market Cap: $3.06B
  • Outstanding Shares: 46,591,000
  • Beta: 1.41
Profitability:
  • Net Margins: -40.23%
  • Return on Equity: -1.07%
  • Return on Assets: -0.62%
Debt:
  • Debt-to-Equity Ratio: 0.35%
  • Current Ratio: 1.70%
  • Quick Ratio: 1.70%
Additional Links:
Companies Related to PDC Energy:

Analyst Ratings

Consensus Ratings for PDC Energy (NASDAQ:PDCE) (?)
Ratings Breakdown: 7 Hold Ratings, 22 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $73.23 (11.39% upside)

Analysts' Ratings History for PDC Energy (NASDAQ:PDCE)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Canaccord GenuityLower Price TargetBuy$80.00 -> $77.00View Rating Details
9/12/2016KLR GroupReiterated RatingBuy$87.00 -> $80.00View Rating Details
9/12/2016WunderlichLower Price TargetBuy$78.00 -> $76.00View Rating Details
9/11/2016Wells Fargo & Co.Reiterated RatingHoldView Rating Details
9/2/2016Stifel NicolausBoost Price TargetBuy$70.00 -> $80.00View Rating Details
8/30/2016Seaport Global SecuritiesUpgradeNeutral -> Buy$61.00 -> $87.00View Rating Details
8/29/2016Williams CapitalInitiated CoverageBuy$84.00View Rating Details
8/25/2016Barclays PLCBoost Price TargetOverweight$78.00 -> $80.00View Rating Details
8/25/2016Credit Suisse Group AGReiterated RatingBuy$83.00View Rating Details
8/24/2016Bank of America Corp.Reiterated RatingBuy$76.00View Rating Details
8/24/2016StephensUpgradeEqual Weight -> OverweightView Rating Details
8/24/2016KeyCorpBoost Price Target$76.00View Rating Details
8/11/2016RBC Capital MarketsReiterated RatingOutperform$67.00 -> $70.00View Rating Details
8/10/2016Royal Bank Of CanadaBoost Price TargetOutperform$67.00 -> $70.00View Rating Details
8/8/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$58.00View Rating Details
6/14/2016Deutsche Bank AGLower Price TargetHold$70.00 -> $68.00View Rating Details
6/8/2016Goldman Sachs Group Inc.Reiterated RatingConviction-BuyView Rating Details
5/24/2016Iberia CapitalDowngradeOutperformView Rating Details
5/22/2016Cantor FitzgeraldReiterated RatingBuy$68.00View Rating Details
4/13/2016NomuraInitiated CoverageNeutral$66.00View Rating Details
4/11/2016ScotiabankReiterated RatingSector Outperform$75.00 -> $80.00View Rating Details
4/11/2016Clarkson CapitalBoost Price TargetBuy$65.00 -> $75.00View Rating Details
4/11/2016Howard WeilBoost Price TargetSector Outperform$75.00 -> $80.00View Rating Details
4/8/2016SunTrust Banks Inc.Boost Price TargetBuy$61.00 -> $70.00View Rating Details
4/8/2016Cowen and CompanyBoost Price TargetMarket Perform$56.00 -> $60.00View Rating Details
4/8/2016Topeka Capital MarketsReiterated RatingBuy$68.00 -> $72.00View Rating Details
3/30/2016Citigroup Inc.DowngradeNeutral$60.00View Rating Details
3/16/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
2/22/2016Mitsubishi UFJ Financial GroupDowngradeOverweight -> NeutralView Rating Details
12/8/2015Mitsubishi UFJ Financial Group Inc.Reiterated RatingOverweightView Rating Details
8/10/2015MLV & Co.Boost Price TargetBuy$60.00 -> $65.00View Rating Details
6/30/2015MizuhoInitiated CoverageBuy$56.00View Rating Details
3/10/2015MacquarieInitiated CoverageOutperform$68.00View Rating Details
12/9/2014Brean CapitalLower Price TargetBuy$60.00 -> $58.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for PDC Energy (NASDAQ:PDCE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/9/2016Q216($0.06)($0.11)$160.18 million$20.10 millionViewN/AView Earnings Details
5/6/2016Q1($0.11)($1.72)$151.14 million$90.80 millionViewN/AView Earnings Details
2/22/2016Q415$0.45$0.29$173.60 million$168.60 millionViewListenView Earnings Details
11/5/2015Q315$0.46$0.38$160.78 million$231.10 millionViewN/AView Earnings Details
8/10/2015Q215$0.41$0.27$142.79 million$96.90 millionViewListenView Earnings Details
5/7/2015Q115$0.42$0.19$127.72 million$144.60 millionViewN/AView Earnings Details
2/19/2015Q414$0.21($1.11)$136.49 million$407.00 millionViewN/AView Earnings Details
11/6/2014Q3$0.24$1.47$151.16 million$224.56 millionViewListenView Earnings Details
8/8/2014Q2$0.34($0.04)$143.08 million$109.47 millionViewListenView Earnings Details
5/6/2014Q1$0.36$0.27$136.93 million$129.80 millionViewN/AView Earnings Details
2/20/2014Q413$0.25$0.36$118.72 million$141.10 millionViewListenView Earnings Details
10/31/2013Q313$0.24($0.07)$103.26 million$77.10 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.26$0.23$95.76 million$121.31 millionViewN/AView Earnings Details
5/1/2013Q1 2013$0.20($1.30)$94.27 million$71.82 millionViewN/AView Earnings Details
2/27/2013Q4 2012($0.02)($4.25)$94.51 million$108.60 millionViewN/AView Earnings Details
11/1/2012Q312($0.08)($0.16)$93.63 millionViewN/AView Earnings Details
8/2/2012$0.06($0.06)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for PDC Energy (NASDAQ:PDCE)
Current Year EPS Consensus Estimate: $-0.28 EPS
Next Year EPS Consensus Estimate: $-1.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167($0.17)$0.25$0.01
Q2 20164($0.21)$0.05($0.05)
Q3 20165($0.18)$0.09($0.03)
Q4 20165($0.15)$0.12($0.05)
Q1 20174($0.43)($0.16)($0.29)
Q2 20174($0.42)($0.13)($0.26)
Q3 20174($0.41)($0.04)($0.20)
Q4 20174($0.38)$0.03($0.15)
Q1 20181$0.00$0.00$0.00
Q2 20181$0.05$0.05$0.05
(Data provided by Zacks Investment Research)

Dividends

Dividend History for PDC Energy (NASDAQ:PDCE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for PDC Energy (NASDAQ:PDCE)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 95.50%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2016David C ParkeDirectorSell500$61.84$30,920.00View SEC Filing  
7/1/2016David C ParkeDirectorSell400$57.79$23,116.00View SEC Filing  
5/17/2016Gysle R ShellumCFOSell2,438$63.98$155,983.24View SEC Filing  
5/17/2016Jeffrey C SwovelandChairmanSell1,500$64.01$96,015.00View SEC Filing  
5/17/2016Kimberly Luff WakimDirectorSell3,834$64.02$245,452.68View SEC Filing  
5/16/2016Daniel Willson AmidonVPSell5,463$62.60$341,983.80View SEC Filing  
5/16/2016David C ParkeDirectorSell500$61.26$30,630.00View SEC Filing  
5/12/2016Anthony J CrisafioDirectorSell1,500$61.41$92,115.00View SEC Filing  
5/11/2016James M TrimbleDirectorSell105,881$60.32$6,386,741.92View SEC Filing  
3/28/2016Jeffrey C SwovelandChairmanSell1,700$56.90$96,730.00View SEC Filing  
3/15/2016David C ParkeDirectorSell250$54.00$13,500.00View SEC Filing  
2/26/2016Gysle R ShellumCFOSell17,956$51.05$916,653.80View SEC Filing  
2/26/2016James M TrimbleDirectorSell9,487$50.54$479,472.98View SEC Filing  
2/25/2016David C ParkeDirectorSell1,000$50.19$50,190.00View SEC Filing  
2/25/2016R Scott MeyersCAOSell4,300$48.55$208,765.00View SEC Filing  
12/10/2015Gysle R ShellumCFOSell13,181$56.63$746,440.03View SEC Filing  
11/30/2015Gysle R ShellumCFOSell5,247$56.60$296,980.20View SEC Filing  
11/20/2015Anthony J CrisafioDirectorSell1,000$54.79$54,790.00View SEC Filing  
11/13/2015Gysle R. ShellumCFOSell27,361$58.40$1,597,882.40View SEC Filing  
3/3/2015Kimberly Luff WakimDirectorSell1,000$53.73$53,730.00View SEC Filing  
7/1/2014Anthony J CrisafioDirectorSell1,540$63.60$97,944.00View SEC Filing  
5/27/2014Anthony J CrisafioDirectorSell1,500$61.81$92,715.00View SEC Filing  
11/13/2013Gysle ShellumCFOSell5,578$59.21$330,273.38View SEC Filing  
11/5/2013R Scott MeyersCAOSell5,000$63.61$318,050.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for PDC Energy (NASDAQ:PDCE)
DateHeadline
News IconPDC Energy Inc (NASDAQ:PDCE) Analysts Recommendations and Insider Trading - The Independent Republic (NASDAQ:PDCE)
theindependentrepublic.com - September 28 at 11:44 AM
realistinvestor.com logoPDC Energy, Inc. (NASDAQ:PDCE) Accounts Payable At $64.234 - RealistInvestor.com (NASDAQ:PDCE)
www.realistinvestor.com - September 28 at 11:44 AM
marketrealist.com logoUS Crude Oil Prices Fell Due to Profit-Booking (NASDAQ:PDCE)
marketrealist.com - September 27 at 11:19 AM
investornewswire.com logoPDC Energy, Inc. (NASDAQ:PDCE) To Hit Price Target Of $87? - Investor Newswire (NASDAQ:PDCE)
www.investornewswire.com - September 26 at 11:30 AM
News IconWhich Way Are Analysts Leaning on PDC Energy, Inc. (NASDAQ:PDCE)? - Yankee Analysts (NASDAQ:PDCE)
yankeeanalysts.com - September 24 at 6:03 PM
News IconAnalysts Valuations For Two Stocks: Brocade Communications Systems, Inc. (NASDAQ:BRCD), PDC Energy Inc ... - The Voice Registrar (NASDAQ:PDCE)
voiceregistrar.com - September 23 at 6:11 PM
realistinvestor.com logoPDC Energy, Inc. (NASDAQ:PDCE)'s Accounts Payable Is $64.234 - RealistInvestor.com (NASDAQ:PDCE)
www.realistinvestor.com - September 22 at 11:32 AM
News IconWill PDC Energy, Inc. (NASDAQ:PDCE) miss earning estimates again? - The Independent Republic (NASDAQ:PDCE)
theindependentrepublic.com - September 22 at 11:32 AM
seekingalpha.com logoPDC Energy: Dipping Into Every Pocket Of Capital Markets - Seeking Alpha (NASDAQ:PDCE)
seekingalpha.com - September 22 at 11:32 AM
marketrealist.com logoOil Traders Bet about Crude Oil Prices over the Next 12 Months (NASDAQ:PDCE)
marketrealist.com - September 20 at 11:58 AM
News IconSell-side is Weighing in on PDC Energy, Inc. (NASDAQ:PDCE) Earnings - Frisco Fastball (NASDAQ:PDCE)
friscofastball.com - September 19 at 6:40 PM
realistinvestor.com logoPDC Energy, Inc. (NASDAQ:PDCE) Is Expected To Post EPS Of $-0.21 - RealistInvestor.com (NASDAQ:PDCE)
www.realistinvestor.com - September 19 at 6:40 PM
seekingalpha.com logoNew Issue Analysis: PDC Energy Convertible Senior Notes Due 2021 (NASDAQ:PDCE)
seekingalpha.com - September 18 at 10:55 AM
4-traders.com logoDavis Polk & Wardwell LLP : PDC Energy, Inc. $400 Million Notes Offering (NASDAQ:PDCE)
www.4-traders.com - September 17 at 6:13 PM
News IconBasic Materials Worth Chasing: Tidewater Inc. (TDW), PDC Energy, Inc. (PDCE) - The Independent Republic (NASDAQ:PDCE)
theindependentrepublic.com - September 16 at 10:12 AM
News IconAnalysts Valuations For Two Stocks: Unum Group (NYSE:UNM), PDC Energy Inc (NASDAQ:PDCE) - The Voice Registrar (NASDAQ:PDCE)
voiceregistrar.com - September 16 at 10:12 AM
globenewswire.com logoPDC Energy Announces Closing of 6.125% Senior Notes Offering - GlobeNewswire (press release) (NASDAQ:PDCE)
globenewswire.com - September 15 at 6:46 PM
publicnow.com logoPDC Energy Announces Closing of 6.125% Senior Notes Offering (NASDAQ:PDCE)
www.publicnow.com - September 15 at 6:46 PM
biz.yahoo.com logoPDC ENERGY, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definitive (NASDAQ:PDCE)
biz.yahoo.com - September 15 at 6:46 PM
4-traders.com logoPDC Energy : Announces Pricing of 6.125% Senior Notes Offering (NASDAQ:PDCE)
www.4-traders.com - September 14 at 6:50 PM
publicnow.com logoPDC Energy Closes Common Stock and Convertible Senior Notes Offerings (NASDAQ:PDCE)
www.publicnow.com - September 14 at 6:50 PM
4-traders.com logoPDC ENERGY, INC. : Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:PDCE)
www.4-traders.com - September 14 at 11:00 AM
globenewswire.com logoPDC Energy Announces Pricing of 6.125% Senior Notes Offering - GlobeNewswire (press release) (NASDAQ:PDCE)
globenewswire.com - September 13 at 11:34 AM
publicnow.com logoPDC Energy Announces Pricing of 6.125% Senior Notes Offering (NASDAQ:PDCE)
www.publicnow.com - September 12 at 6:23 PM
nasdaq.com logoPDC Energy Announces Full Exercise of Over-Allotment Options in Common Stock and Convertible Senior Notes Offerings (NASDAQ:PDCE)
www.nasdaq.com - September 12 at 11:18 AM
biz.yahoo.com logoPDC ENERGY, INC. Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (NASDAQ:PDCE)
biz.yahoo.com - September 12 at 11:18 AM
publicnow.com logoPDC Energy Announces Proposed Private Debt Offering (NASDAQ:PDCE)
www.publicnow.com - September 12 at 11:18 AM
streetinsider.com logoPDC Energy (PDCE) Prices Larger 7.9M Share Common Stock, $175M Conv. Notes Offerings (NASDAQ:PDCE)
www.streetinsider.com - September 10 at 10:55 AM
globenewswire.com logoPDC Energy Announces Pricing and Upsizing of Public Offerings of Common Stock and Convertible Senior Notes (NASDAQ:PDCE)
globenewswire.com - September 9 at 6:20 PM
streetinsider.com logoPDC Energy (PDCE) Announces 6.5M Share Stock, $100M Conv. Notes Offering (NASDAQ:PDCE)
www.streetinsider.com - September 9 at 6:20 PM
News IconStock Slipping Down Over the Past Five Trading Sessions: PDC Energy, Inc. (NASDAQ:PDCE) (NASDAQ:PDCE)
www.nationaldailypress.com - September 9 at 6:20 PM
4-traders.com logoPDC Energy : Announces Public Offerings of Common Stock and Convertible Senior Notes (NASDAQ:PDCE)
www.4-traders.com - September 9 at 6:20 PM
moodys.com logoPDC Energy -- Moody's rates new PDC Energy convertible notes B2 (NASDAQ:PDCE)
www.moodys.com - September 9 at 6:20 PM
News IconInvestor's Watch List: PDC Energy Inc (NASDAQ:PDCE), Lockheed Martin Corporation (NYSE:LMT), Envision ... - NYSE Journal (press release) (NASDAQ:PDCE)
stockznews.com - September 9 at 11:28 AM
News IconAnalysts Valuations For Two Stocks: PDC Energy Inc (NASDAQ:PDCE), Staples, Inc. (NASDAQ:SPLS) - The Voice Registrar (NASDAQ:PDCE)
voiceregistrar.com - September 9 at 11:28 AM
streetinsider.com logoPDC Energy (PDCE) Prices Larger 7.9M Share Common Stock, $175M Conv. Notes Offerings - StreetInsider.com (NASDAQ:PDCE)
www.streetinsider.com - September 9 at 11:28 AM
feeds.reuters.com logoBRIEF-PDC Energy announces pricing and upsizing of public offerings (NASDAQ:PDCE)
feeds.reuters.com - September 8 at 10:55 PM
streetinsider.com logoPDC Energy (PDCE) Announces 6.5M Share Stock, $100M Conv. Notes Offering - StreetInsider.com (NASDAQ:PDCE)
www.streetinsider.com - September 8 at 6:27 PM
finance.yahoo.com logo4:17 pm PDC Energy announces a concurrent underwritten public offering consisting of 6.5 mln shares of common stock & $100 mln convertible senior notes due 2021 (NASDAQ:PDCE)
finance.yahoo.com - September 8 at 6:27 PM
publicnow.com logoPDC Energy Announces Public Offerings of Common Stock and Convertible Senior Notes (NASDAQ:PDCE)
www.publicnow.com - September 8 at 6:27 PM
seekingalpha.com logoPDC Energy to launch concurrent offering of 6.5M shares, $100M of notes (NASDAQ:PDCE)
seekingalpha.com - September 8 at 6:14 PM
marketrealist.com logoHow Will Gasoline Inventories Affect Crude Oil Prices? (NASDAQ:PDCE)
marketrealist.com - September 8 at 10:33 AM
News IconAnalysts Watch on Price Target Estimates: PDC Energy Inc (NASDAQ:PDCE) - Post Registrar (NASDAQ:PDCE)
postregistrar.com - September 6 at 6:52 PM
News IconAnalysts Valuations For Two Stocks: PDC Energy Inc (NASDAQ:PDCE), Brandywine Realty Trust (NYSE:BDN) - The Voice Registrar (NASDAQ:PDCE)
voiceregistrar.com - September 5 at 10:50 AM
News IconPDC Energy Latest Company Boosted By Permian (NASDAQ:PDCE)
www.oilandgasinvestor.com - August 30 at 6:40 PM
finance.yahoo.com logoPDC Energy To Acquire Acreage In Delaware Basin; Williams Capital Initiates At Buy (NASDAQ:PDCE)
finance.yahoo.com - August 29 at 6:33 PM
finance.yahoo.com logoCoverage initiated on PDC Energy by Williams Capital Group (NASDAQ:PDCE)
finance.yahoo.com - August 29 at 11:14 AM
News IconPDC Energy Stock Up 33% on Unlikely Niobrara/DJ Basin Proposal (NASDAQ:PDCE)
www.rigzone.com - August 25 at 6:49 PM
rttnews.com logoPDC Energy Inc. (PDCE) Set A New High After A Pair Of Acquisitions (NASDAQ:PDCE)
www.rttnews.com - August 25 at 6:49 PM
seekingalpha.com logoPDC Energy: Deleware Basin Foray Too Costly? (NASDAQ:PDCE)
seekingalpha.com - August 25 at 6:49 PM

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PDC Energy (NASDAQ:PDCE) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff