About PDC Energy (NASDAQ:PDCE)
PDC 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. The Company's operations in the Wattenberg Field are focused on the horizontal Niobrara and Codell plays. Its Delaware Basin operations are focused in the Wolfcamp zones and its Ohio operations are focused in the Utica Shale play. As of December 31, 2016, the Company owned an interest in approximately 2,900 productive gross wells.
Industry, Sector and Symbol
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio-26.2870446818221
Forward P/E Ratio22.29
Sales & Book Value
Annual Sales$921.62 million
Price / Sales3.67
Cash Flow$3.79 per share
Price / Cash13.53
Book Value$38.07 per share
Price / Book1.35
Return on Equity1.17%
Return on Assets0.67%
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) issued its earnings results on Monday, February, 26th. The energy producer reported $0.24 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.03. The energy producer earned $189.52 million during the quarter, compared to the consensus estimate of $263.28 million. PDC Energy had a positive return on equity of 1.17% and a negative net margin of 13.13%. View PDC Energy's Earnings History.
When will PDC Energy make its next earnings announcement?
Where is PDC Energy's stock going? Where will PDC Energy's stock price be in 2018?
18 equities research analysts have issued 12-month target prices for PDC Energy's stock. Their predictions range from $51.00 to $87.00. On average, they anticipate PDC Energy's share price to reach $67.69 in the next twelve months. View Analyst Ratings for PDC Energy.
Who are some of PDC Energy's key competitors?
Some companies that are related to PDC Energy include Antero Resources (AR), RSP Permian (RSPP), Energen (EGN), WPX Energy (WPX), Centennial Resource Development (CDEV), Newfield Exploration (NFX), Murphy Oil (MUR), Crescent Point Energy (CPG), Vermilion Energy (VET), Range Resources (RRC), Arc Resources (AETUF), Tallgrass Energy GP (TEGP), CNX Resources (CNX), Matador Resources (MTDR), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Enerplus (ERF) and Jagged Peak Energy (JAG).
Who are PDC Energy's key executives?
PDC Energy's management team includes the folowing people:
- Barton R. Brookman Jr., President, Chief Executive Officer, Director (Age 54)
- R. Scott Meyers, Chief Financial Officer, Principal Accounting Officer (Age 43)
- Scott J. Reasoner, Chief Operating Officer, Senior Vice President - Operations (Age 56)
- Lance A. Lauck, Executive Vice President - Corporate Development and Strategy (Age 54)
- Daniel W. Amidon, Senior Vice President, General Counsel, Secretary (Age 56)
- Jeffrey C. Swoveland, Independent Non-Executive Chairman of the Board (Age 61)
- Mark E. Ellis, Director (Age 59)
- Christina M. Ibrahim, Director
- Anthony J. Crisafio, Independent Director (Age 64)
- Larry F. Mazza CPA, Independent Director (Age 56)
Has PDC Energy been receiving favorable news coverage?
News headlines about PDCE stock have been trending somewhat positive on Tuesday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PDC Energy earned a news sentiment score of 0.14 on Accern's scale. They also gave media stories about the energy producer an impact score of 46.45 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are PDC Energy's major shareholders?
PDC Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.12%), Victory Capital Management Inc. (4.79%), Bank of New York Mellon Corp (2.72%), NWQ Investment Management Company LLC (2.52%), Earnest Partners LLC (2.04%) and Schf GPE LLC (1.62%). Company insiders that own PDC Energy stock include Anthony J Crisafio, Barton R Brookman Jr, Daniel Willson Amidon, David C Parke, Gysle R Shellum, James M Trimble, Jeffrey C Swoveland, Joseph E Casabona, Kimberly Luff Wakim, Lance Lauck, 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 Millennium Management LLC, Emerald Advisers Inc. PA, Miller Howard Investments Inc. NY, TIAA CREF Investment Management LLC, Alliancebernstein L.P., Metropolitan Life Insurance Co. NY, Frontier Capital Management Co. LLC and Quantitative Systematic Strategies 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, Joseph E Casabona, Lance Lauck and Scott J Reasoner. View Insider Buying and Selling for PDC Energy.
Which major investors are buying PDC Energy stock?
PDCE stock was purchased by a variety of institutional investors in the last quarter, including Schf GPE LLC, Mangrove Partners, NWQ Investment Management Company LLC, Earnest Partners LLC, BlackRock Inc., Victory Capital Management Inc., Kennedy Capital Management Inc. and Deutsche Bank AG. 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 $51.26.
How big of a company is PDC Energy?
PDC Energy has a market capitalization of $3.52 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 ($1.95) 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 (PDCE)MarketBeat's community ratings are surveys of what our community members think about PDC Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
PDC Energy (NASDAQ:PDCE) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.72||2.67||2.64||2.55|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
10 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$67.69||$67.56||$66.42||$70.25|
|Price Target Upside: ||32.05% upside||31.18% upside||46.30% upside||58.51% upside|
PDC Energy (NASDAQ:PDCE) Consensus Price Target History
PDC Energy (NASDAQ:PDCE) Analyst Ratings History
(Data available from 3/20/2016 forward)
PDC Energy (NASDAQ:PDCE) Earnings History and Estimates Chart
PDC Energy (NASDAQ PDCE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/26/2018||Q4 2017||$0.21||$0.24||$263.28 million||$189.52 million||View||N/A|
|11/6/2017||Q3 2017||$0.02||$0.08||$234.38 million||$232.73 million||View||N/A|
|8/8/2017||Q2 2017||($0.01)||$0.19||$218.90 million||$275.20 million||View||Listen|
|5/5/2017||Q1 2017||($0.03)||($0.06)||$182.05 million||$273.70 million||View||N/A|
|2/28/2017||Q4 2016||$0.04||$0.18||$206.40 million||$108.09 million||View||Listen|
|11/3/2016||Q316||($0.01)||($0.12)||$178.12 million||$164.00 million||View||N/A|
|8/9/2016||Q216||($0.06)||($0.11)||$160.18 million||$20.10 million||View||N/A|
|5/6/2016||Q1||($0.11)||($1.72)||$151.14 million||$90.80 million||View||N/A|
|2/22/2016||Q415||$0.45||$0.29||$173.60 million||$168.60 million||View||Listen|
|11/5/2015||Q315||$0.46||$0.38||$160.78 million||$231.10 million||View||N/A|
|8/10/2015||Q215||$0.41||$0.27||$142.79 million||$96.90 million||View||Listen|
|5/7/2015||Q115||$0.42||$0.19||$127.72 million||$144.60 million||View||N/A|
|2/19/2015||Q414||$0.21||($1.11)||$136.49 million||$407.00 million||View||N/A|
|11/6/2014||Q3||$0.24||$1.47||$151.16 million||$224.56 million||View||Listen|
|8/8/2014||Q2||$0.34||($0.04)||$143.08 million||$109.47 million||View||Listen|
|5/6/2014||Q1||$0.36||$0.27||$136.93 million||$129.80 million||View||N/A|
|2/20/2014||Q413||$0.25||$0.36||$118.72 million||$141.10 million||View||Listen|
|10/31/2013||Q313||$0.24||($0.07)||$103.26 million||$77.10 million||View||N/A|
|8/1/2013||Q2 2013||$0.26||$0.23||$95.76 million||$121.31 million||View||N/A|
|5/1/2013||Q1 2013||$0.20||($1.30)||$94.27 million||$71.82 million||View||N/A|
|2/27/2013||Q4 2012||($0.02)||($4.25)||$94.51 million||$108.60 million||View||N/A|
PDC Energy (NASDAQ:PDCE) Earnings Estimates
2018 EPS Consensus Estimate: $2.13
2019 EPS Consensus Estimate: $4.58
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for PDC Energy (NASDAQ:PDCE)
No dividend announcements for this company have been tracked by MarketBeat.com
PDC Energy (NASDAQ PDCE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.91%
PDC Energy (NASDAQ PDCE) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/9/2018||Daniel Willson Amidon||SVP||Sell||9,114||$53.88||$491,062.32||66,611|| |
|3/9/2018||Lance Lauck||EVP||Sell||10,000||$53.95||$539,500.00||100,228|| |
|3/6/2018||Jeffrey C Swoveland||Director||Sell||3,500||$55.07||$192,745.00||21,454|| |
|3/2/2018||David C Parke||Director||Sell||4,000||$52.78||$211,120.00||15,441|| |
|2/1/2018||Barton R Brookman Jr||CEO||Sell||1,500||$51.86||$77,790.00||173,473|| |
|1/16/2018||Jeffrey C Swoveland||Director||Sell||1,700||$55.83||$94,911.00||21,519|| |
|1/16/2018||Scott J Reasoner||COO||Sell||1,000||$55.83||$55,830.00||62,338|| |
|1/10/2018||Lance Lauck||EVP||Sell||1,500||$53.40||$80,100.00||91,917|| |
|1/2/2018||Barton R Brookman Jr||CEO||Sell||1,500||$52.08||$78,120.00||168,101|| |
|10/16/2017||Scott J Reasoner||COO||Sell||1,000||$49.64||$49,640.00|| |
|4/17/2017||Joseph E Casabona||Director||Sell||1,000||$63.29||$63,290.00||30,456|| |
|4/3/2017||Barton R Brookman Jr||CEO||Sell||1,700||$62.27||$105,859.00||176,681|| |
|3/15/2017||David C Parke||Director||Sell||200||$64.66||$12,932.00||17,767|| |
|3/1/2017||Barton R Brookman Jr||CEO||Sell||1,700||$68.51||$116,467.00||178,381|| |
|2/1/2017||Barton R Brookman Jr||CEO||Sell||1,700||$74.50||$126,650.00||168,853|| |
|1/17/2017||Jeffrey C Swoveland||Chairman||Sell||1,700||$73.93||$125,681.00||20,906|| |
|1/3/2017||Barton R Brookman Jr||CEO||Sell||1,700||$73.53||$125,001.00||143,010|| |
|12/7/2016||Daniel Willson Amidon||VP||Sell||4,000||$78.27||$313,080.00||60,521|| |
|12/2/2016||R Scott Meyers||CAO||Sell||3,000||$75.41||$226,230.00||15,073|| |
|11/23/2016||Daniel Willson Amidon||VP||Sell||1,550||$70.02||$108,531.00||64,521|| |
|11/23/2016||Jeffrey C Swoveland||Insider||Sell||1,200||$69.10||$82,920.00||22,606|| |
|11/22/2016||Daniel Willson Amidon||VP||Sell||5,441||$68.73||$373,959.93||66,071|| |
|11/22/2016||Kimberly Luff Wakim||Director||Sell||2,000||$69.10||$138,200.00||9,182|| |
|8/15/2016||David C Parke||Director||Sell||500||$61.84||$30,920.00||17,717|| |
|7/1/2016||David C Parke||Director||Sell||400||$57.79||$23,116.00||18,217|| |
|5/17/2016||Gysle R Shellum||CFO||Sell||2,438||$63.98||$155,983.24||14,155|| |
|5/17/2016||Jeffrey C Swoveland||Chairman||Sell||1,500||$64.01||$96,015.00||23,806|| |
|5/17/2016||Kimberly Luff Wakim||Director||Sell||3,834||$64.02||$245,452.68||11,182|| |
|5/16/2016||Daniel Willson Amidon||VP||Sell||5,463||$62.60||$341,983.80||71,512|| |
|5/16/2016||David C Parke||Director||Sell||500||$61.26||$30,630.00||19,526|| |
|5/12/2016||Anthony J Crisafio||Director||Sell||1,500||$61.41||$92,115.00||18,637|| |
|5/11/2016||James M Trimble||Director||Sell||105,881||$60.32||$6,386,741.92||132,760|| |
|3/28/2016||Jeffrey C Swoveland||Chairman||Sell||1,700||$56.90||$96,730.00||25,306|| |
|3/15/2016||David C Parke||Director||Sell||250||$54.00||$13,500.00||20,026|| |
|2/26/2016||Gysle R Shellum||CFO||Sell||17,956||$51.05||$916,653.80||16,555|| |
|2/26/2016||James M Trimble||Director||Sell||9,487||$50.54||$479,472.98||200,796|| |
|2/25/2016||David C Parke||Director||Sell||1,000||$50.19||$50,190.00||20,276|| |
|2/25/2016||R Scott Meyers||CAO||Sell||4,300||$48.55||$208,765.00||14,004|| |
|12/10/2015||Gysle R Shellum||CFO||Sell||13,181||$56.63||$746,440.03||31,100|| |
|11/30/2015||Gysle R Shellum||CFO||Sell||5,247||$56.60||$296,980.20||44,281|| |
|11/20/2015||Anthony J Crisafio||Director||Sell||1,000||$54.79||$54,790.00||18,070|| |
|11/13/2015||Gysle R. Shellum||CFO||Sell||27,361||$58.40||$1,597,882.40||45,724|| |
|3/3/2015||Kimberly Luff Wakim||Director||Sell||1,000||$53.73||$53,730.00|| |
|7/1/2014||Anthony J Crisafio||Director||Sell||1,540||$63.60||$97,944.00|| |
|5/27/2014||Anthony J Crisafio||Director||Sell||1,500||$61.81||$92,715.00|| |
|11/13/2013||Gysle Shellum||CFO||Sell||5,578||$59.21||$330,273.38||50,430|| |
|11/5/2013||R Scott Meyers||CAO||Sell||5,000||$63.61||$318,050.00|| |
PDC Energy (NASDAQ PDCE) News Headlines
PDC Energy (NASDAQ:PDCE) SEC Filings
This page is loading this company's SEC Filings. Please wait...
PDC Energy (NASDAQ:PDCE) Income Statement, Balance Sheet and Cash Flow Statement
PDC Energy (NASDAQ PDCE) Stock Chart for Tuesday, March, 20, 2018