PDC Energy (PDCE) stock price, revenue, and financials

PDC Energy market cap is $2.2 b, and annual revenue was $1.55 b in FY 2018

$2.2 B

PDCE Mkt cap, 10-Jun-2019

$390.7 M

PDC Energy Revenue Q2, 2019
PDC Energy Net income (Q2, 2019)68.5 M
PDC Energy EBIT (Q2, 2019)110 M
PDC Energy Cash, 30-Jun-20191.5 M
PDC Energy EV3.4 B

PDC Energy Income Statement

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

Gross profit Margin, %

98%100%99%

General and administrative expense

64.0m90.0m112.5m120.4m170.5m

Operating expense total

64.0m90.0m60.0m120.4m170.5m

Depreciation and amortization

127.3m303.3m469.1m559.8m

EBIT

10.2m(63.8m)(332.1m)(238.3m)77.7m

EBIT margin, %

2%(11%)(87%)(26%)5%

Interest expense

51.9m47.6m62.0m78.7m70.7m

Interest income

470.0k4.8m963.0k2.3m413.0k

Pre tax profit

(41.3m)(106.6m)(393.1m)(339.4m)7.4m

Income tax expense

14.8m38.3m147.2m211.9m(5.4m)

Net Income

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

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

77.1m130.3m109.5m224.6m144.6m51.0m231.1m90.8m163.9m273.7m275.2m183.2m260.6m212.5m280.7m134.5m390.7m

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%

General and administrative expense

16.1m23.6m40.7m34.6m18.7m18.5m32.5m26.3m29.5m29.3m35.7m37.2m48.2m39.6m42.8m

Operating expense total

16.1m23.6m40.7m34.6m18.7m18.5m32.5m19.8m20.0m29.3m35.7m72.9m48.2m39.6m42.8m

Depreciation and amortization

30.9m46.6m53.7m49.6m70.1m80.9m112.9m109.3m126.0m125.2m135.6m147.5m151.4m168.5m

EBIT

(13.0m)9.1m(35.8m)101.3m38.4m(66.6m)(51.9m)(103.0m)(15.3m)91.7m84.6m(396.1m)(324.0k)(188.2m)10.1m(140.6m)110.0m

EBIT margin, %

(17%)7%(33%)45%27%(131%)(22%)(113%)(9%)34%31%(216%)0%(89%)4%(105%)28%

Interest expense

12.5m12.8m13.1m11.8m11.7m11.6m12.1m11.9m20.2m19.5m19.6m19.3m17.5m17.4m17.6m17.0m18.9m

Interest income

130.0k251.0k152.0k39.0k1.1m1.1m1.4m1.6m140.0k240.0k768.0k479.0k148.0k69.0k188.0k10.0k5.0k

Pre tax profit

(25.4m)(3.5m)(48.7m)89.5m27.8m(77.0m)(62.7m)(113.4m)(35.3m)72.5m65.8m(414.9m)(17.7m)(205.6m)(7.3m)(157.6m)91.1m

Income tax expense

10.2m1.4m20.5m(35.4m)(10.7m)30.1m21.2m(41.8m)12.0m(26.3m)(24.5m)122.4m4.6m45.3m3.9m37.4m(22.6m)

Net Income

(16.0m)(2.1m)(28.2m)54.0m17.1m(46.9m)(41.5m)(71.5m)(23.3m)46.1m41.3m(292.5m)(13.1m)(160.3m)(3.4m)(120.2m)68.5m

PDC Energy Balance Sheet

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

Goodwill

62.0m

Total Assets

2.0b2.4b4.5b4.4b4.5b

Accounts Payable

109.6m92.6m66.3m150.1m181.9m

Short-term debt

112.9m

Current Liabilities

213.4m301.3m270.6m417.6m441.0m

Long-term debt

657.0m529.4m1.0b1.2b1.2b

Total Debt

657.0m642.4m1.0b1.2b1.2b

Total Liabilities

1.1b1.1b1.9b1.9b2.0b

Additional Paid-in Capital

674.2m907.4m2.5b2.5b2.5b

Retained Earnings

293.3m380.4m134.2m6.7m8.7m

Total Equity

967.6m1.3b2.6b2.5b2.5b

Debt to Equity Ratio

0.5 x0.4 x0.5 x

Debt to Assets Ratio

0.3 x0.2 x0.3 x

Financial Leverage

2.1 x1.8 x1.7 x1.8 x1.8 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

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

Accounts Receivable

56.2m104.3m116.9m102.1m98.2m90.0m106.8m100.1m99.9m122.5m135.2m167.3m181.0m195.3m241.2m190.8m277.3m

Current Assets

404.4m293.6m213.6m157.2m374.7m251.0m326.3m528.1m1.4b411.8m396.2m334.7m264.5m218.3m256.8m213.2m325.8m

Goodwill

56.1m56.3m

Total Assets

2.0b2.1b2.1b2.2b2.5b2.4b2.3b2.5b3.4b4.6b4.7b4.3b4.5b4.4b4.6b4.6b4.6b

Accounts Payable

93.5m106.5m107.9m106.7m96.3m79.7m65.3m73.9m62.4m144.4m152.5m164.1m195.7m215.2m251.1m215.6m219.2m

Short-term debt

104.1m105.9m106.9m111.0m112.1m114.2m

Current Liabilities

311.5m339.8m381.3m246.4m249.7m307.3m335.8m288.2m219.3m318.0m330.7m373.8m488.2m609.3m674.6m490.5m498.6m

Long-term debt

549.8m561.3m562.0m675.9m610.0m553.0m550.0m492.7m1.0b1.0b1.0b1.1b1.2b1.2b1.2b1.3b1.2b

Total Debt

653.8m667.2m668.9m675.9m610.0m664.0m662.1m607.2m1.0b1.0b1.0b1.1b1.2b1.2b1.2b1.3b1.2b

Total Liabilities

1.1b1.1b1.1b1.2b1.1b1.1b1.1b998.9m1.4b1.9b1.9b1.9b2.0b2.1b2.3b2.2b2.2b

Additional Paid-in Capital

671.0m677.4m681.0m686.0m895.3m898.4m903.0m1.2b1.8b2.5b2.5b2.5b2.5b2.5b2.5b2.5b2.4b

Retained Earnings

280.1m291.1m263.0m317.0m465.8m418.9m377.4m308.9m190.1m180.4m221.6m(70.9m)(6.4m)(166.7m)(170.1m)(111.4m)(42.9m)

Total Equity

951.1m968.1m943.3m1.0b1.4b1.3b1.3b1.5b2.0b2.7b2.7b2.4b2.5b2.3b2.3b2.4b2.4b

Debt to Equity Ratio

0.7 x0.7 x0.7 x0.7 x0.5 x0.5 x0.4 x0.5 x0.4 x0.4 x0.5 x0.5 x0.5 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.2 x0.3 x0.2 x0.2 x0.3 x0.3 x0.3 x

Financial Leverage

2.1 x2.1 x2.2 x2.2 x1.8 x1.8 x1.8 x1.7 x1.7 x1.7 x1.7 x1.8 x1.8 x1.9 x2 x1.9 x1.9 x

PDC Energy Cash Flow

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

Accounts Receivable

(41.5m)24.8m(32.6m)(60.5m)12.0m

Inventories

Accounts Payable

(11.5m)(30.3m)(162.0k)31.4m16.3m

Cash From Operating Activities

159.2m411.1m486.3m588.6m889.3m

Cash From Investing Activities

(217.1m)(604.3m)(1.5b)(717.0m)(1.1b)

Cash From Financing Activities

248.7m178.0m1.3b65.0m18.1m

Interest Paid

48.8m45.6m43.4m69.9m

Income Taxes Paid

(3.0m)10.0m167.0k(13.9m)

Free Cash Flow

(235.8m)(193.6m)49.4m

PDC Energy Ratios

USDY, 2019

EV/EBIT

31.5 x

EV/CFO

7.8 x

Financial Leverage

1.9 x

PDC Energy Employee Rating

3.322 votes
Culture & Values
3.7
Work/Life Balance
3.6
Senior Management
3.4
Salary & Benefits
3.6
Career Opportunities
3.0
Source