Acquired by Chevron in Sep 2023
PDCE - PDC Energy, Inc.
NASDAQ
->
Energy
->
Oil & Gas E&P
Denver,
United States
Type: Equity
PDCE price evolution
PDCE
| (in millions $) | 30 Jun 2023 | 31 Mar 2023 | 31 Jan 2023 | 30 Sep 2022 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $10.2 | $17.44 | $6.49 | $45.65 |
| Short term investments | ||||
| Net receivables | $498.75 | $474.78 | $546.31 | $609.44 |
| Inventory | ||||
| Total current assets | $581.96 | $571.19 | $593.75 | $727.97 |
| Long term investments | ||||
| Property, plant & equipment | $7603.18 | $7510.31 | $7312.93 | $7127.29 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $7777.27 | $7688.27 | $7389.01 | $7300.13 |
| Total investments | ||||
| Total assets | $8359.22 | $8259.47 | $7982.77 | $8028.09 |
| Current liabilities | ||||
| Accounts payable | $231.2 | $286 | $244.41 | $213.47 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $1176 | $1322.55 | $1420.19 | $1511.05 |
| Long term debt | $1509.97 | $1296.49 | $1318.11 | $1393.53 |
| Total noncurrent liabilities | $2760.36 | $2722.54 | $2579.83 | $2535.69 |
| Total debt | $1509.97 | $1296.49 | $1314.01 | $1393.53 |
| Total liabilities | $3936.36 | $4045.09 | $4000.02 | $4046.74 |
| Shareholders' equity | ||||
| Retained earnings | $1705.15 | $1476.2 | $1165.82 | $1037.23 |
| Other shareholder equity | ||||
| Total shareholder equity | $4422.87 | $4214.38 | $3982.74 | $3981.35 |
| (in millions $) | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $6.49 | $33.83 | $2.62 | $0.96 |
| Short term investments | ||||
| Net receivables | $546.31 | $398.61 | $244.25 | $266.35 |
| Inventory | ||||
| Total current assets | $593.75 | $458.57 | $308.25 | $304.03 |
| Long term investments | ||||
| Property, plant & equipment | $7312.93 | $4814.86 | $4859.2 | $4095.2 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $7389.01 | $4878.09 | $4929.73 | $4144.65 |
| Total investments | ||||
| Total assets | $7982.77 | $5336.67 | $5237.97 | $4448.68 |
| Current liabilities | ||||
| Accounts payable | $244.41 | $127.89 | $90.64 | $98.93 |
| Deferred revenue | ||||
| Short long term debt | $193.01 | |||
| Total current liabilities | $1420.19 | $920.1 | $779.86 | $361.23 |
| Long term debt | $1318.11 | $942.08 | $1409.55 | $1177.23 |
| Total noncurrent liabilities | $2579.83 | $1506.32 | $1842.58 | $1751.94 |
| Total debt | $1314.01 | $942.08 | $1602.56 | $1177.23 |
| Total liabilities | $4000.02 | $2426.42 | $2622.43 | $2113.17 |
| Shareholders' equity | ||||
| Retained earnings | $1165.82 | -$249.95 | -$772.26 | -$47.95 |
| Other shareholder equity | $0.05 | -$0.47 | ||
| Total shareholder equity | $3982.74 | $2910.25 | $2615.54 | $2335.51 |
| (in millions $) | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 | 30 Sep 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $871.81 | $957.67 | $879.5 | $1511.29 |
| Cost of revenue | $154.06 | $161.51 | $165.23 | $199.62 |
| Gross Profit | $717.75 | $796.16 | $714.28 | $1311.66 |
| Operating activities | ||||
| Research & development | $0.46 | $0.53 | $0.66 | $11.84 |
| Selling, general & administrative | $52.78 | $41.49 | $36.42 | $40.1 |
| Total operating expenses | $310 | $254.45 | $247.65 | $261.13 |
| Operating income | $407.75 | $541.71 | $466.63 | $1050.53 |
| Income from continuing operations | ||||
| EBIT | $407.75 | $541.71 | $461.03 | $1045.91 |
| Income tax expense | $99.76 | $112.87 | $95.7 | $229.32 |
| Interest expense | $19.28 | $14.71 | $15.6 | $18.63 |
| Net income | ||||
| Net income | $288.71 | $414.13 | $349.74 | $797.97 |
| Income (for common shares) | $288.71 | $414.13 | $349.74 | $797.97 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3845.73 | $1855.91 | $1339.23 | $1156.12 |
| Cost of revenue | $699.34 | $446.27 | $298.55 | $269.36 |
| Gross Profit | $3146.39 | $1409.64 | $1040.68 | $886.77 |
| Operating activities | ||||
| Research & development | $13.08 | $1.06 | $1.38 | $4.05 |
| Selling, general & administrative | $156.28 | $127.73 | $161.09 | $161.75 |
| Total operating expenses | $939.39 | $778.05 | $1684.21 | $875.66 |
| Operating income | $2207 | $631.59 | -$643.54 | $11.11 |
| Income from continuing operations | ||||
| EBIT | $2297.05 | $631.59 | -$643.54 | $11.18 |
| Income tax expense | $454.2 | $26.58 | -$7.9 | -$3.32 |
| Interest expense | $64.73 | $82.7 | $88.68 | $71.17 |
| Net income | ||||
| Net income | $1778.12 | $522.31 | -$724.32 | -$56.67 |
| Income (for common shares) | $1778.12 | $522.31 | -$724.32 | -$56.67 |
| (in millions $) | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 | 30 Sep 2022 |
|---|---|---|---|---|
| Net income | $288.71 | $414.13 | $349.74 | $797.97 |
| Operating activities | ||||
| Depreciation | $252.91 | $207.19 | $201.94 | $205.6 |
| Business acquisitions & disposals | $5.33 | $9.99 | ||
| Stock-based compensation | $8.41 | $6.56 | $6.89 | $7.18 |
| Total cash flows from operations | $267.8 | $588.32 | $687.53 | $848.41 |
| Investing activities | ||||
| Capital expenditures | -$393.48 | -$372.44 | -$306.58 | -$251.79 |
| Investments | ||||
| Total cash flows from investing | -$393.48 | -$372.44 | -$301.25 | -$241.8 |
| Financing activities | ||||
| Dividends paid | -$35.73 | -$37.18 | -$89.6 | -$32.75 |
| Sale and purchase of stock | -$56.26 | -$149.19 | -$263.42 | -$261.15 |
| Net borrowings | $210.43 | -$18.57 | -$80.55 | -$305.58 |
| Total cash flows from financing | $118.44 | -$204.94 | -$433.56 | -$599.49 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$7.24 | $10.95 | -$47.28 | $7.12 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Net income | $1778.12 | $522.31 | -$724.32 | -$56.67 |
| Operating activities | ||||
| Depreciation | $749.66 | $635.18 | $619.74 | $644.15 |
| Business acquisitions & disposals | -$1052.46 | $0.13 | $3.61 | $202.08 |
| Stock-based compensation | $26.85 | $23.02 | $22.2 | $23.84 |
| Total cash flows from operations | $2772.32 | $1547.8 | $870.08 | $858.23 |
| Investing activities | ||||
| Capital expenditures | -$1097.05 | -$578.93 | -$690.77 | -$887.85 |
| Investments | ||||
| Total cash flows from investing | -$2149.52 | -$578.8 | -$687.16 | -$677.77 |
| Financing activities | ||||
| Dividends paid | -$181.57 | -$83.61 | ||
| Sale and purchase of stock | -$836.43 | -$162.83 | -$33.16 | -$158.37 |
| Net borrowings | $367.86 | -$691.34 | -$148.1 | -$30.52 |
| Total cash flows from financing | -$650.14 | -$937.79 | -$181.26 | -$188.89 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$27.34 | $31.21 | $1.66 | -$8.44 |
News
Fundamentals
| Market cap | $6.42B |
|---|---|
| Enterprise value | $7.92B |
| Shares outstanding | 87.00M |
| Revenue | $4.22B |
|---|---|
| EBITDA | $3.32B |
| EBIT | $2.46B |
| Net Income | $1.85B |
| Revenue Q/Q | -23.42% |
| Revenue Y/Y | 50.94% |
| P/E ratio | 3.47 |
|---|---|
| EV/Sales | 1.88 |
| EV/EBITDA | 2.38 |
| EV/EBIT | 3.23 |
| P/S ratio | 1.52 |
| P/B ratio | 1.45 |
| Book/Share | 50.84 |
| Cash/Share | 0.12 |
| EPS | $21.27 |
|---|---|
| ROA | 22.69% |
| ROE | 44.59% |
| Debt/Equity | 1.00 |
|---|---|
| Net debt/EBITDA | 1.18 |
| Current ratio | 0.49 |
| Quick ratio | 0.49 |