OverviewSuggest Edit

PDC Energy is an independent exploration and production company, acquiring, exploring for, developing and producing crude oil, natural gas and natural gas liquids. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing. The Oil and Gas Exploration and Production segment produces and sells natural gas and natural gas liquids to midstream service providers and marketers; and crude oil. The Gas Marketing segment purchases, aggregates and sells natural gas.

TypePublic
Founded1969
HQDenver, US
Websitepdce.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)600(+52%)
Job Openings14
Revenue (FY, 2018)$1.5 B(+69%)
Share Price (Jun 2019)$33 (+2%)

Key People/Management at PDC Energy

Jeffrey C. Swoveland

Jeffrey C. Swoveland

Non-Executive Chairman of the Board
Barton R. Brookman

Barton R. Brookman

President and Chief Executive Officer
Anthony J. Crisafio

Anthony J. Crisafio

Director
Christina M. Ibrahim

Christina M. Ibrahim

Director
Randy S. Nickerson

Randy S. Nickerson

Director
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PDC Energy Office Locations

PDC Energy has an office in Denver
Denver, US (HQ)
1775 Sherman St #3000
Show all (1)

PDC Energy Financials and Metrics

PDC Energy Revenue

PDC Energy's revenue was reported to be $1.55 b in FY, 2018
USD

Revenue (Q1, 2019)

134.5m

Net income (Q1, 2019)

(120.2m)

EBIT (Q1, 2019)

(140.6m)

Market capitalization (10-Jun-2019)

2.2b

Closing stock price (10-Jun-2019)

33.0

Cash (31-Mar-2019)

1.1m

EV

3.5b
PDC Energy's current market capitalization is $2.2 b.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

411.3m595.3m382.9m921.6m1.5b

Revenue growth, %

(36%)

Cost of goods sold

7.0m1.1m4.7m

Gross profit

404.3m594.2m378.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

77.1m130.3m109.5m224.6m144.6m51.0m231.1m90.8m163.9m273.7m275.2m183.2m260.6m212.5m280.7m134.5m

Cost of goods sold

2.0m307.0k277.0k190.0k285.0k275.0k252.0k210.0k241.0k

Gross profit

75.1m130.0m109.2m224.4m144.3m50.7m230.8m90.6m163.6m

Gross profit Margin, %

97%100%100%100%100%99%100%100%100%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

193.2m850.0k244.1m180.7m1.4m

Accounts Receivable

94.1m104.3m143.4m197.6m181.4m

Inventories

5.3m3.5m

Current Assets

325.8m332.0m399.8m401.2m274.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

298.5m147.2m40.4m18.2m67.5m1.4m3.7m238.5m1.2b207.6m202.3m136.4m45.9m1.4m1.4m1.1m

Accounts Receivable

56.2m104.3m116.9m102.1m98.2m90.0m106.8m100.1m99.9m122.5m135.2m167.3m181.0m195.3m241.2m190.8m

Current Assets

404.4m293.6m213.6m157.2m374.7m251.0m326.3m528.1m1.4b411.8m396.2m334.7m264.5m218.3m256.8m213.2m

Goodwill

56.1m56.3m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(22.3m)(68.3m)(245.9m)(127.5m)2.0m

Depreciation and Amortization

129.5m303.3m416.9m469.1m559.8m

Inventories

Accounts Payable

(11.5m)(30.3m)(162.0k)31.4m16.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(35.5m)(2.1m)(30.3m)23.7m17.1m(29.8m)(71.3m)(71.5m)(190.3m)46.1m87.4m(205.1m)(13.1m)(173.4m)(176.8m)(120.2m)

Depreciation and Amortization

88.9m46.6m100.4m151.3m55.8m125.9m206.9m97.4m317.3m109.3m235.3m360.6m262.4m410.0m151.4m

Cash From Operating Activities

119.5m80.5m131.6m202.0m81.9m146.5m283.0m101.2m360.8m139.5m263.2m411.4m205.1m380.9m577.8m181.9m

Cash From Investing Activities

(69.5m)(135.0m)(292.2m)(449.5m)(176.1m)(357.9m)(488.7m)(122.7m)(448.8m)(173.6m)(299.1m)(512.8m)(338.5m)(574.1m)(823.7m)(271.7m)
USDY, 2019

EV/EBIT

-24.7 x

EV/CFO

19.1 x

Financial Leverage

1.9 x
Show all financial metrics

PDC Energy Online and Social Media Presence

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PDC Energy News and Updates

PDC Energy says its three nominees re-elected to board

PDC Energy Inc said on Wednesday the company's shareholders had re-elected its three nominees to the board, signaling an end to its proxy fight with activist investor Kimmeridge Energy Management Co.

Kimmeridge Energy Loses Bid for Seats on PDC Energy Board

Kimmeridge Energy Loses Bid for Seats on PDC Energy Board

PDC Energy Announces Preliminary Results of Annual Meeting of Shareholders

Preliminary Vote Count Indicates Shareholders Support Re-Election of All Three PDC Nominees Preliminary Vote Count Indicates Shareholders Support Re-Election of All Three PDC Nominees

Activist Investors Get More Backing for Change at PDC Energy

Activist Investors Get More Backing for Change at PDC Energy

PDC Energy Issues Statement Regarding Kimmeridge’s Conflicts of Interest

DENVER, May 22, 2019 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or “the Company”) (Nasdaq: PDCE) today issued the following statement in response to the incomplete and misleading information released by Kimmeridge Energy Management Company, LLC and certain of its affiliates (“Kimmeridge”) regardi…

PDC Energy Mails Letter to Shareholders

Urges Shareholders to Vote "FOR" All Three of Company’s Nominees on the WHITE Proxy Card
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PDC Energy Frequently Asked Questions

  • When was PDC Energy founded?

    PDC Energy was founded in 1969.

  • Who are PDC Energy key executives?

    PDC Energy's key executives are Jeffrey C. Swoveland, Barton R. Brookman and Anthony J. Crisafio.

  • How many employees does PDC Energy have?

    PDC Energy has 600 employees.

  • What is PDC Energy revenue?

    Latest PDC Energy annual revenue is $1.5 b.

  • What is PDC Energy revenue per employee?

    Latest PDC Energy revenue per employee is $2.6 m.

  • Who are PDC Energy competitors?

    Competitors of PDC Energy include EOG Resources, Sandridge Energy and New Concept Energy.

  • Where is PDC Energy headquarters?

    PDC Energy headquarters is located at 1775 Sherman St #3000, Denver.

  • Where are PDC Energy offices?

    PDC Energy has an office in Denver.

  • How many offices does PDC Energy have?

    PDC Energy has 1 office.