PDC Energy

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, marketers, and utilities; and crude oil. The Gas Marketing segment purchases, aggregates, and sells natural gas; and purchases natural gas produced by third party producers for resale. This segment markets natural gas to third-party marketers and natural gas utilities, as well as to industrial and commercial customers. December 31, 2015, it had approximately 273 million barrels of crude oil equivalent of proved reserves; and owned an interest in approximately 3000 gross wells. The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc. in June 2012.

Type
Public
HQ
Denver, US
Founded
1969
Employees
362 (est)
PDC Energy was founded in 1969 and is headquartered in Denver, US

PDC Energy Locations

Denver, US

PDC Energy Metrics

PDC Energy Summary

Market capitalization

$4.22 B

Closing share price

$74.6
PDC Energy's current market capitalization is $4.22 B.

PDC Energy Financials

PDC Energy's revenue is $595 M in FY, 2015 which is 51.61% increase from the previous period.
FY, 2013FY, 2015

Revenue

$393 M$595 M

Operating income

$16.7 M$-63.8 M

Net Income

$-22.3 M$-68.3 M

Operating cash flow

$191 M$-15.2 M

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