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PDCE

72.56USD+1.10(+1.54%)Market Closed

PDC Energy Inc

Market Summary

USD72.56+1.10Market Closed
1.54%

PDCE Alerts

PDCE Stock Price

RSI Chart

Valuation

Market Cap

6.9B

Price/Earnings

5.49

Price/Sales

1.87

Price/Cashflow

3.1

MarketCap/EBT

4.88

Price/Sales

Profitability

EBT Margin

38.26%

Return on Equity

35.98%

Return on Assets

15.66%

Fundamentals

Revenue

Revenue (TTM)

4.2B

Revenue Y/Y

70.75%

Revenue Q/Q

-2.99%

Earnings

Earnings (TTM)

1.9B

Earnings Y/Y

449.11%

Earnings Q/Q

20.47%

Price Action

52 Week Range

43.6689.22
(Low)(High)

Last 7 days

-3.8%

Last 30 days

3.4%

Last 90 days

9.2%

Trailing 12 Months

52.7%

Financial Health

Current Ratio

0.42

Investor Care

Dividend Yield

1.18%

Dividend/Share (TTM)

1.07

Buy Backs (1Y)

5.38%

Diluted EPS (TTM)

19.44

Peers (Alternatives to PDC Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
22.2B
2.49% 74.68%
13.73
3.53
70.19% 203.78%
66.9B
36.8B
-4.06% 131.58%
6.09
1.96
69.86% 4049.24%
61.4B
24.8B
-5.34% 41.76%
8.62
2.47
81.49% 409.80%
49.8B
19.7B
1.51% 73.38%
9.45
2.71
83.28% 424.48%
26.7B
9.6B
-4.77% 45.81%
6.94
2.93
73.79% 893.42%
14.4B
10.9B
6.49% 82.89%
4.67
1.31
73.36% 286.92%
12.8B
14.1B
11.31% 65.74%
5.25
0.97
63.46% 733.33%
MID-CAP
7.8B
3.1B
-2.14% 77.13%
6.63
2.55
105.26% 318.63%
7.1B
5.4B
-2.54% 45.32%
5.66
1.32
97.87% 385.71%
4.4B
2.3B
-33.88% 7.97%
4.99
1.94
101.44% 11.78%
4.2B
2.6B
-9.91% 115.08%
12.34
1.58
131.99% 194.19%
2.8B
2.3B
-1.38% 79.33%
15
1.38
104.75% 360.71%
2.7B
2.9B
-4.43% -14.09%
3.22
0.93
111.76% 166.14%
SMALL-CAP
1.4B
6.1B
-3.39% 63.08%
13.64
0.23
72.58% 132.13%
1.1B
1.9B
-3.32% 8.02%
2.05
0.56
114.30% 186.49%

Financials for PDC Energy

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue13.6%4,1693,6712,9672,5531,801
  S&GA Expenses6.5%151142129128127
Earnings Before Taxes62.8%2,2861,40552754938
Net Income52.3%1,9011,24949952243
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.7%8,0287,9765,7315,3375,367
  Current Assets-7.7%728788734459485
    Cash Equivalents18.5%463917134100
Liabilities-10.2%4,0474,5062,9672,4262,823
  Current Liabilities-19.6%1,5111,8781,2759201,053
    LT Debt, CurrentNaN%-----
    LT Debt, Non Current-17.9%1,3941,6989439421,243
Shareholder's Equity14.7%3,9813,4712,7652,9102,544
  Retained Earnings172.6%1,037380-281.91-249.95-723.02
  Additional Paid-In Capital-4.7%2,9513,0973,0533,1623,267
Shares Outstanding0.7%979698--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations18.0%2,6052,2071,6841,5481,249
  Share Based Compensation5.8%2624232322
Cashflow From Investing-2.7%-2,002.59-1,949.14-710.59-578.80-527.71
Cashflow From Financing-102.1%-648.32-320.76-861.10-937.79-624.77
  Dividend Payments16.1%1521311088424
  Buy Backs0%-26.47-26.47-26.770.006

Risks

What is the probability of a big loss on PDCE?

94.6%


Probability that PDC Energy stock will be more than 20% underwater in next one year

71.5%


Probability that PDC Energy stock will be more than 30% underwater in next one year.

52.3%


Probability that PDC Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PDCE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if PDC Energy was unfortunately bought at previous high price.

Returns

Cumulative Returns on PDCE

8.0%


10-Year Cumulative Returns

4.4%


7-Year Cumulative Returns

10.2%


5-Year Cumulative Returns

49.2%


3-Year Cumulative Returns

What are the long-term rolling returns for PDCE?

FIve years rolling returns for PDC Energy.

Which funds bought or sold PDCE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-9.07
-97,000
561,000
0.02%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
6,690,000
6,690,000
0.08%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
ADDED
3.1
-251,000
7,385,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
SOLD OFF
-100
-1,000
-
-%
2022-11-18
CastleArk Alternatives, LLC
UNCHANGED
-
-19,000
301,000
2.58%
2022-11-16
GLENMEDE TRUST CO NA
REDUCED
-10.64
-2,545,000
13,171,000
0.08%
2022-11-16
Retirement Systems of Alabama
ADDED
16.86
1,717,000
19,572,000
0.09%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
34.94
163,000
776,000
-%
2022-11-15
EMC Capital Management
UNCHANGED
-
-27,000
417,000
0.39%
2022-11-15
Balyasny Asset Management LLC
SOLD OFF
-100
-16,226,000
-
-%

1–10 of 46

Latest Funds Activity

Are funds buying PDCE calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PDCE

PDC Energy News

Nasdaq

Why Is PDC Energy (PDCE) Down 5.6% Since Last Earnings Report?.9 hours ago

PDCE Fair Value

PDC Energy fair value in different scenarios

The table shows the Fair Value estimates for PDC Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

178.29

145.71%

277.55

282.51%

528.94

628.97%

777.34

971.31%

967.95

1234.00%

Current Inflation

164.30

126.43%

250.44

245.15%

466.48

542.89%

680.10

837.29%

841.78

1060.12%

Very High Inflation

146.94

102.51%

217.67

199.99%

392.76

441.29%

566.09

680.17%

694.82

857.58%

Historical PDC Energy Fair Value Estimates


Recent SEC filings of PDC Energy

View All Filings
Date Filed Form Type Document
Nov 18, 2022
3
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 14, 2022
8-K/A
Current Report
Nov 10, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 02, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for PDCE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-15
Peterson Lynn A
SOLD
-560,810
80.1156
-7,000
-
2022-11-15
Meyers R Scott
GIFTED
-
-
-2,134
SVP, CFO
2022-11-14
BROOKMAN BARTON R JR
GIFTED
-
-
-12,645
President and CEO
2022-11-11
Lauck Lance
SOLD
-1,944,770
80.7393
-24,087
EVP, Corp. Dev. & Strategy
2022-11-11
Lauck Lance
SOLD FOR TAXES
-702,346
80.36
-8,740
EVP, Corp. Dev. & Strategy
2022-11-11
Lauck Lance
ACQUIRED
483,962
39.63
12,212
EVP, Corp. Dev. & Strategy
2022-11-10
Lauck Lance
SOLD
-1,042,570
76
-13,718
EVP, Corp. Dev. & Strategy
2022-11-08
Lauck Lance
SOLD
-1,145,780
81.14
-14,121
EVP, Corp. Dev. & Strategy
2022-11-07
KORUS PAUL
GIFTED
-
-
-4,000
-
2022-11-07
Martinet Nicole L
SOLD
-574,000
82
-7,000
SVP, General Counsel & Sec.

1–10 of 50

Barton R. Brookman
540
PDC Energy, Inc., an independent exploration and production company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the United States. The company's operations are primarily located in the Wattenberg Field in Colorado and the Delaware Basin in Texas. As of December 31, 2021, it owned interests in approximately 3,500 productive gross wells. The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc. in June 2012. PDC Energy, Inc. was founded in 1969 and is headquartered in Denver, Colorado.

PDCE Income Statement

2022-09-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Crude oil, natural gas and NGLs sales$ 1,200,619$ 703,136$ 3,320,678$ 1,704,396
Commodity price risk management gain (loss), net306,749(217,678)(363,283)(707,187)
Other income3,9219048,8334,058
Total revenues1,511,289486,3622,966,2281,001,267
Costs, expenses and other:    
Lease operating expense69,15545,649193,922129,848
Production taxes98,14244,654250,309101,114
Transportation, gathering and processing expense32,32726,73289,88274,453
Exploration, geologic and geophysical expense11,84322212,416862
General and administrative expense40,10330,847119,85996,367
Depreciation, depletion and amortization205,604169,644547,720478,617
Accretion of asset retirement obligations3,4842,8259,8239,185
Impairment of properties and equipment184771,637329
Loss (gain) on sale of properties and equipment(86)(220)287(561)
Other expense030302,496
Total cost, expenses and other460,756320,7331,225,855892,710
Income (loss) from operations1,050,533165,6291,740,373108,557
Interest expense(18,629)(20,098)(49,139)(59,199)
(Adjustment to) Gain on bargain purchase(4,621)095,6520
Income (loss) before income taxes1,027,283145,5311,786,88649,358
Income tax (expense) benefit(229,318)(210)(358,500)(110)
Net income (loss)$ 797,965$ 145,321$ 1,428,386$ 49,248
Earnings per share:    
Basic$ 8.40$ 1.48$ 14.87$ 0.50
Diluted$ 8.30$ 1.45$ 14.66$ 0.49
Weighted-average common shares outstanding    
Basic94,95098,18396,06599,018
Diluted96,12299,96697,467100,534
(Adjustment to) Gain on bargain purchase$ (4,621)$ 0$ 95,652$ 0

PDCE Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 45,649$ 33,829
Accounts receivable, net609,440398,605
Prepaid expenses and other current assets10,6308,230
Derivative Assets, Gross, Current62,24617,909
Total current assets727,965458,573
Properties and equipment, net7,127,2914,814,865
Derivative Assets, Gross, Noncurrent91,07515,177
Other assets81,75948,051
Total Assets8,028,0905,336,666
Current liabilities:  
Accounts payable213,473127,891
Production tax liability247,94699,583
Derivative Liability, Gross, Current389,234304,870
Funds held for distribution538,865285,861
Accrued interest payable19,51110,482
Other accrued expenses102,02491,409
Total current liabilities1,511,053920,096
Long-term debt1,393,528942,084
Asset retirement obligations152,709127,526
Derivative Liability, Gross, Noncurrent100,86095,561
Deferred income taxes413,98326,383
Other liabilities474,610314,769
Total liabilities4,046,7432,426,419
Stockholders' Equity:  
Common shares - par value $0.01 per share, 150,000,000 authorized, 92,857,134 and 96,468,071 issued as of September 30, 2022 and December 31, 2021, respectively929965
Additional paid-in capital2,950,6253,161,941
Retained earnings (accumulated deficit)1,037,229(249,954)
Treasury shares - at cost, 130,091 and 54,960 as of September 30, 2022 and December 31, 2021, respectively(7,436)(2,705)
Total stockholders’ equity3,981,3472,910,247
Total Liabilities and Stockholders’ Equity$ 8,028,090$ 5,336,666