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: $63.62
  • 50 Day Moving Average: $56.44
  • 200 Day Moving Average: $56.68
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -57.84
  • P/E Growth: -13.02
  • Market Cap: $2.96B
  • Outstanding Shares: 46,591,000
  • Beta: 1.69
Additional Links:
Companies Related to PDC Energy:

Analyst Ratings

Consensus Ratings for PDC Energy (NASDAQ:PDCE) (?)
Ratings Breakdown: 9 Hold Ratings, 18 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $70.24 (10.41% upside)

Analysts' Ratings History for PDC Energy (NASDAQ:PDCE)
Show:
DateFirmActionRatingPrice TargetDetails
8/23/2016KeyCorpReiterated RatingBuy$72.00View Rating Details
8/11/2016RBC Capital MarketsReiterated RatingOutperform$67.00 -> $70.00View Rating Details
8/10/2016Barclays PLCBoost Price TargetOverweight$74.00 -> $78.00View Rating Details
8/10/2016Credit Suisse Group AGReiterated RatingBuyView 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
7/6/2016Wells Fargo & Co.Reiterated RatingMarket PerformView 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
5/9/2016WunderlichBoost Price TargetBuy$66.00 -> $72.00View Rating Details
5/8/2016Canaccord GenuityReiterated RatingBuyView 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
4/8/2016Stifel NicolausReiterated RatingBuy$65.00 -> $70.00View Rating Details
4/8/2016Topeka Capital MarketsReiterated RatingBuy$68.00 -> $72.00View Rating Details
3/31/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$60.00View 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
2/23/2016KLR GroupBoost Price Target$78.00View Rating Details
12/8/2015Mitsubishi UFJ Financial Group Inc.Reiterated RatingOverweightView Rating Details
11/12/2015StephensDowngradeOverweight -> Equal WeightView Rating Details
8/24/2015Bank of America Corp.Lower Price TargetBuy$75.00 -> $72.00View 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 8/23/2014 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: $-0.19 EPS
Next Year EPS Consensus Estimate: $-1.10 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167($0.17)$0.25$0.01
Q2 20164($0.21)$0.05($0.05)
Q3 20164($0.18)$0.12($0.04)
Q4 20164($0.14)$0.20$0.00
Q1 20173($0.37)($0.16)($0.26)
Q2 20173($0.39)($0.13)($0.25)
Q3 20173($0.39)($0.04)($0.20)
Q4 20173($0.40)$0.03($0.17)
(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)
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
streetinsider.com logoPDC Energy (PDCE) Acquires Two Delaware Basin Companies for $1.5B - StreetInsider.com (NASDAQ:PDCE)
www.streetinsider.com - August 23 at 6:55 PM
finance.yahoo.com logoPDC Energy Joins Permian Oil Rush With $1.5 Billion Acquisition (NASDAQ:PDCE)
finance.yahoo.com - August 23 at 6:55 PM
bizjournals.com logoColorado energy company to pay $1.5 billion for 57,000 Texas acres (NASDAQ:PDCE)
www.bizjournals.com - August 23 at 6:55 PM
feeds.reuters.com logoPDC Energy to buy two privately held companies for $1.5 bln (NASDAQ:PDCE)
feeds.reuters.com - August 23 at 5:02 PM
feeds.reuters.com logoBRIEF-PDC Energy announces entry into the core Delaware basin through acquisition of about 57,000 net acres (NASDAQ:PDCE)
feeds.reuters.com - August 23 at 5:02 PM
feeds.reuters.com logoUPDATE 1-PDC Energy to buy two privately held companies for $1.5 bln (NASDAQ:PDCE)
feeds.reuters.com - August 23 at 5:02 PM
seekingalpha.com logoPDC Energy buys Delaware Basin acreage for $1.5B (NASDAQ:PDCE)
seekingalpha.com - August 23 at 5:02 PM
finance.yahoo.com logoPDC ENERGY, INC. Financials (NASDAQ:PDCE)
finance.yahoo.com - August 17 at 7:03 PM
streetinsider.com logoForm 4 PDC ENERGY, INC. For: Aug 15 Filed by: PARKE DAVID C (NASDAQ:PDCE)
www.streetinsider.com - August 17 at 9:48 AM
News IconPDC Energy – Day One Breakout Notes (NASDAQ:PDCE)
www.oilandgas360.com - August 16 at 10:02 AM
capitalcube.com logoPDC Energy, Inc. :PDCE-US: Earnings Analysis: Q2, 2016 By the Numbers : August 15, 2016 (NASDAQ:PDCE)
www.capitalcube.com - August 15 at 7:07 PM
marketrealist.com logoPDC Energy’s Implied Volatility after Its 2Q16 Earnings (NASDAQ:PDCE)
marketrealist.com - August 12 at 9:57 AM
marketrealist.com logoPDC Energy’s 2Q16 Operational Highlights (NASDAQ:PDCE)
marketrealist.com - August 11 at 10:01 AM
News IconPDC Energy Inc (NASDAQ:PDCE) Latest Analyst's Estimates - The Voice Registrar (NASDAQ:PDCE)
voiceregistrar.com - August 10 at 7:14 PM
marketrealist.com logoPDC Energy’s 2Q16 Earnings Disappoint (NASDAQ:PDCE)
marketrealist.com - August 10 at 7:14 PM
marketrealist.com logoPDC Energy’s Profit Margin and Revenue Trends (NASDAQ:PDCE)
marketrealist.com - August 10 at 7:14 PM
realistinvestor.com logoPDC Energy, Inc. (NASDAQ:PDCE) Is Projected To Have A Growth Rate Of 14.15% - RealistInvestor.com (NASDAQ:PDCE)
www.realistinvestor.com - August 10 at 9:51 AM
News IconPDC Energy’s 2Q loss widens as production grows (NASDAQ:PDCE)
bizwest.com - August 9 at 7:01 PM
twst.com logoPDC Energy Inc.: PDC Energy Reports 2016 Second Quarter Financial and ... (NASDAQ:PDCE)
www.twst.com - August 9 at 7:01 PM
capitalcube.com logoETF’s with exposure to PDC Energy, Inc. : August 9, 2016 (NASDAQ:PDCE)
www.capitalcube.com - August 9 at 7:01 PM
cnbc.com logoPDC Energy reports 2Q loss (NASDAQ:PDCE)
www.cnbc.com - August 9 at 9:56 AM
publicnow.com logoPDC Energy Reports 2016 Second Quarter Financial and Operating Results Including 54% Production Increase; Raises Full-Year 2016 Production Guidance while Reducing Full-Year Capital (NASDAQ:PDCE)
www.publicnow.com - August 9 at 9:56 AM
biz.yahoo.com logoPDC ENERGY, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:PDCE)
biz.yahoo.com - August 9 at 9:56 AM
247wallst.com logo9 Top Picks of Credit Suisse Still Have 50% Implied Upside — or Much More! (NASDAQ:PDCE)
247wallst.com - August 6 at 9:34 AM
News IconPDC Energy, Inc. (NASDAQ:PDCE) To Report June 2016 Results - The Voice Registrar (NASDAQ:PDCE)
voiceregistrar.com - August 3 at 7:06 PM
marketrealist.com logoWhat Are Apache’s Production Trends and Guidance for 2016? (NASDAQ:PDCE)
marketrealist.com - August 2 at 11:42 AM
istreetwire.com logoStocks Trending Alert: xG Technology, Inc. (XGTI), PDC Energy, Inc. (PDCE), Wayfair Inc. (W) - iStreetWire (NASDAQ:PDCE)
istreetwire.com - July 30 at 6:07 PM
nasdaq.com logoPDCE Crosses Critical Technical Indicator (NASDAQ:PDCE)
www.nasdaq.com - July 26 at 7:04 PM
tradecalls.org logoPDC Energy (PDCE) Shares are Down -4.94% - Trade Calls (NASDAQ:PDCE)
www.tradecalls.org - July 25 at 6:55 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for PDC Energy, Inc. (NASDAQ:PDCE) - TGP (NASDAQ:PDCE)
telanaganapress.com - July 21 at 9:39 AM
News IconShares Positive Over the Past Month: PDC Energy, Inc. (NASDAQ:PDCE) - TGP (NASDAQ:PDCE)
telanaganapress.com - July 20 at 9:38 AM
realistinvestor.com logoAccounts Payable For PDC Energy, Inc. (NASDAQ:PDCE) Stood At $73.898 - RealistInvestor.com (NASDAQ:PDCE)
www.realistinvestor.com - July 20 at 9:38 AM
realistinvestor.com logoPrice Target of $71.937 Set For PDC Energy, Inc. (NASDAQ:PDCE) - RealistInvestor.com (NASDAQ:PDCE)
www.realistinvestor.com - July 20 at 9:38 AM
marketrealist.com logoWill Gasoline and Crude Oil Inventory Data Diverge? (NASDAQ:PDCE)
marketrealist.com - July 20 at 9:07 AM
News IconConsensus Analyst Target Price Check for PDC Energy, Inc. (NASDAQ:PDCE) - Press Telegraph (NASDAQ:PDCE)
presstelegraph.com - July 19 at 6:53 PM
News IconDalton Greiner Hartman Maher & Co Decreased Stake in Pdc Energy INC Com (NASDAQ:PDCE) by $3.10 Million as ... - Consumer Eagle (NASDAQ:PDCE)
www.consumereagle.com - July 19 at 7:10 AM
istreetwire.com logoInvestor's Alert: MasterCard Incorporated (MA), PDC Energy, Inc. (PDCE), FedEx Corporation (FDX) - iStreetWire (NASDAQ:PDCE)
istreetwire.com - July 19 at 7:10 AM
marketrealist.com logoHedge Funds with WTI Long Positions Can Offset Price Volatility (NASDAQ:PDCE)
marketrealist.com - July 18 at 4:56 PM
News IconPDC Energy, Inc. (NASDAQ:PDCE) Check on Sentiment Score - Press Telegraph (NASDAQ:PDCE)
presstelegraph.com - July 17 at 6:12 PM
News IconPDC Energy, Inc. (NASDAQ:PDCE) Earnings Review and Target Watch - TGP (NASDAQ:PDCE)
telanaganapress.com - July 17 at 6:12 PM
News IconShare Performance Summary for: PDC Energy, Inc. (NASDAQ:PDCE) - Press Telegraph (NASDAQ:PDCE)
presstelegraph.com - July 17 at 10:57 AM
News IconShares Experiencing a Downtrend: PDC Energy, Inc. (NASDAQ:PDCE) - TGP (NASDAQ:PDCE)
telanaganapress.com - July 16 at 6:16 PM
News IconAnalyst Target and Average Rating Watch: PDC Energy, Inc. (NASDAQ:PDCE) - Press Telegraph (NASDAQ:PDCE)
presstelegraph.com - July 15 at 11:48 AM
News IconCurrent Sentiment and Impact Score Watch:PDC Energy, Inc. (NASDAQ:PDCE):PDC Energy, Inc. (NASDAQ:PDCE) - Press Telegraph (NASDAQ:PDCE)
presstelegraph.com - July 15 at 11:48 AM
News IconPDC Energy, Inc. (NASDAQ:PDCE) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:PDCE)
www.engelwooddaily.com - July 15 at 11:48 AM
News IconWhat's Propelling PDC Energy Inc to Decrease? The Stock Formed a Wedge Down Chart Pattern - Consumer Eagle (NASDAQ:PDCE)
www.consumereagle.com - July 15 at 11:48 AM
nasdaq.com logoWhy PDC Energy (PDCE) Could Be a Potential Winner - Nasdaq (NASDAQ:PDCE)
www.nasdaq.com - July 15 at 11:48 AM
finance.yahoo.com logoWhy PDC Energy (PDCE) Could Be a Potential Winner (NASDAQ:PDCE)
finance.yahoo.com - July 15 at 8:49 AM
nasdaq.com logoLooking for a Top Growth Stock? 3 Reasons Why PDC Energy (PDCE) Is an Impressive Choice - Nasdaq (NASDAQ:PDCE)
www.nasdaq.com - July 14 at 10:22 AM
zacks.com logoLooking for a Top Growth Stock? 3 Reasons Why PDC Energy (PDCE) Is an Impressive Choice (NASDAQ:PDCE)
www.zacks.com - July 13 at 7:07 PM

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PDC Energy (NASDAQ:PDCE) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff