PDC Energy, Inc.

NasdaqGS:PDCE Stock Report

Market Cap: US$6.4b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

PDC Energy Past Earnings Performance

Past criteria checks 5/6

PDC Energy has been growing earnings at an average annual rate of 66.7%, while the Oil and Gas industry saw earnings growing at 25.5% annually. Revenues have been growing at an average rate of 30.2% per year. PDC Energy's return on equity is 41.8%, and it has net margins of 52.3%.

Key information

66.7%

Earnings growth rate

66.0%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate30.2%
Return on equity41.8%
Net Margin52.3%
Last Earnings Update30 Jun 2023

Recent past performance updates

Recent updates

PDC Energy: Variable Dividend Might Exceed $2 Per Share

Sep 10

PDC Energy declares $0.35 dividend

Aug 25

PDC Energy Remains Resistant To Monetary Policy

Jul 11

PDC Energy: May Be Able To Reduce Share Count By Over 15% In 2022

May 17

Revenue & Expenses Breakdown

How PDC Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:PDCE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 233,5381,8511840
31 Mar 233,9342,2241770
31 Dec 223,9981,7781690
30 Sep 223,8641,9011440
30 Jun 223,4171,2491250
31 Mar 222,7764991120
31 Dec 212,3925221110
30 Sep 211,933431290
30 Jun 211,576-1341300
31 Mar 211,234-2681300
31 Dec 201,100-7241620
30 Sep 201,091-7391300
30 Jun 201,086-6921380
31 Mar 201,240-4021520
31 Dec 191,238-571660
30 Sep 191,2891431800
30 Jun 191,3421241890
31 Mar 191,328-1051810
31 Dec 181,31321770
30 Sep 181,207-991640
30 Jun 181,076-3881860
31 Mar 18960-1871790
31 Dec 17865-1281680
30 Sep 17774-2611540
30 Jun 1769981160
31 Mar 17622-1281090
31 Dec 16477-2461050
30 Sep 16457-1871080
30 Jun 16415-205960
31 Mar 16398-157930
31 Dec 15392-68910
30 Sep 1535713590
30 Jun 15389108970
31 Mar 15447126950
31 Dec 14546107930
30 Sep 14573381150
30 Jun 14535-30730
31 Mar 1447018690
31 Dec 13395-21700
30 Sep 13362-56790
30 Jun 13331-70780
31 Mar 13303-69800
31 Dec 12278-19730
30 Sep 12302-15650

Quality Earnings: PDCE has high quality earnings.

Growing Profit Margin: PDCE's current net profit margins (52.3%) are higher than last year (36.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PDCE has become profitable over the past 5 years, growing earnings by 66.7% per year.

Accelerating Growth: PDCE's earnings growth over the past year (48.2%) is below its 5-year average (66.7% per year).

Earnings vs Industry: PDCE earnings growth over the past year (48.2%) exceeded the Oil and Gas industry 45.5%.

Return on Equity

High ROE: PDCE's Return on Equity (41.8%) is considered outstanding.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/08 05:14
End of Day Share Price 2023/08/04 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PDC Energy, Inc. is covered by 41 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Randy OllenbergerBMO Capital Markets Equity Research
John AbbottBofA Global Research
No AnalystBofA Global Research