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
Size (employees)
395 (est)+10%
Website
pdce.com
PDC Energy was founded in 1969 and is headquartered in Denver, US

PDC Energy Office Locations

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

PDC Energy Metrics

PDC Energy Financial Metrics

PDC Energy's revenue was reported to be $382.9 m in FY, 2016 which is a 36% decrease from the previous period.

Revenue (FY, 2016)

$382.9 m

Revenue growth (FY, 2015 - FY, 2016), %

(36%)

Gross profit (FY, 2016)

$378.2 m

Gross profit margin (FY, 2016), %

99%

Net income (FY, 2016)

($245.9 m)

EBIT (FY, 2016)

($332.1 m)

Market capitalization (22-May-2017)

$3.5 b

Closing share price (22-May-2017)

$53.8

Cash (31-Dec-2016)

$244.1 m
PDC Energy's current market capitalization is $3.5 b.
FY, 2013FY, 2015FY, 2016

Revenue

$392.7 m$595.3 m$382.9 m

Revenue growth, %

(36%)

Cost of goods sold

$1.9 m$290 k$4.7 m

Gross profit

$390.8 m$595 m$378.2 m

Gross profit Margin, %

100%100%99%

EBIT

$16.7 m($63.8 m)($332.1 m)

EBIT margin, %

4%(11%)(87%)

Interest income

$337 k$1.2 m$963 k

Pre tax profit

$21.3 m$5.3 m($393.1 m)

Net Income

($22.3 m)($68.3 m)($245.9 m)
FY, 2013FY, 2015FY, 2016

Cash

$850 k$244.1 m

Accounts Receivable

$104.3 m$143.4 m

Inventories

$5.3 m$3.5 m

Current Assets

$332 m$399.8 m

Goodwill

$62 m

Total Assets

$2.4 b$4.5 b

Accounts Payable

$92.6 m$66.3 m

Total Debt

$642.4 m

Current Liabilities

$301.3 m$270.6 m

Additional Paid-in Capital

$907.4 m$2.5 b

Retained Earnings

$380.4 m$134.2 m

Total Equity

$1.3 b$2.6 b

Debt to Equity Ratio

0.5 x

Debt to Assets Ratio

0.3 x

Financial Leverage

1.8 x1.7 x
FY, 2013FY, 2015FY, 2016

Net Income

($22.3 m)($68.3 m)($245.9 m)

Depreciation and Amortization

$129.5 m$96.4 m$416.9 m

Accounts Receivable

($35 m)$24.8 m($33 m)

Inventories

Accounts Payable

$21.5 m($30.3 m)($162 k)

Cash From Operating Activities

$159.2 m$411.1 m$486.3 m

Capital Expenditures

($394.9 m)($604.7 m)($436.9 m)

Cash From Investing Activities

($217.1 m)($604.3 m)($1.5 b)

Cash From Financing Activities

$248.7 m$178 m$1.3 b

Interest Paid

$48.8 m$45.6 m$43.4 m

Income Taxes Paid

($3 m)$10 m$167 k

Free Cash Flow

$554.1 m$1 b$923.1 m
Y, 2016

Revenue/Employee

$1.1 m

Financial Leverage

1.7 x

PDC Energy Market Value History

PDC Energy Company Life

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