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-13.33
Forward P/E Ratio21.18
P/E Growth0.55
Sales & Book Value
Annual Sales$921.62 million
Price / Sales3.33
Cash Flow$3.9380 per share
Price / Cash11.78
Book Value$38.07 per share
Price / Book1.22
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
EmployeesN/A
Outstanding Shares66,070,000
Market Cap$3.07 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) released its quarterly earnings results on Wednesday, August, 8th. The energy producer reported $0.56 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.04. The energy producer had revenue of $212.53 million for the quarter, compared to analyst estimates of $308.73 million. PDC Energy had a negative net margin of 43.37% and a positive return on equity of 2.52%. The firm's quarterly revenue was down 22.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.63 EPS. View PDC Energy's Earnings History.
When is PDC Energy's next earnings date?
How can I listen to PDC Energy's earnings call?
PDC Energy will be holding an earnings conference call on Tuesday, November 6th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773125520.
What price target have analysts set for PDCE?
23 Wall Street analysts have issued 12 month price objectives for PDC Energy's shares. Their forecasts range from $62.00 to $88.00. On average, they expect PDC Energy's stock price to reach $72.2222 in the next twelve months. This suggests a possible upside of 56.8% from the stock's current price. View Analyst Price Targets for PDC Energy.
What is the consensus analysts' recommendation for PDC Energy?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PDC Energy in the last year. There are currently 5 hold ratings and 18 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 EQT (EQT), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Cabot Oil & Gas (COG), Cenovus Energy (CVE), Parsley Energy (PE), Cimarex Energy (XEC), Energen (EGN), RSP Permian (RSPP), WPX Energy (WPX), Murphy Oil (MUR), Antero Resources (AR), Centennial Resource Development (CDEV), Newfield Exploration (NFX) and Viper Energy Partners (VNOM).
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)
Who are PDC Energy's major shareholders?
PDC Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.30%), Tributary Capital Management LLC (0.20%), Aperio Group LLC (0.04%), Cornerstone Wealth Management LLC (0.02%), Nisa Investment Advisors LLC (0.01%) and Strs Ohio (0.01%). 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 major investors are selling PDC Energy stock?
PDCE stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Tributary Capital Management LLC, Cornerstone Wealth Management LLC, Strs Ohio and Aperio Group LLC. 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 major investors are buying PDC Energy stock?
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 $46.06.
How big of a company is PDC Energy?
PDC Energy has a market capitalization of $3.07 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.
What is PDC Energy's official website?
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.
