PDC Energy Inc

Company Profile

PDC Energy Inc had its IPO on 1990-03-26 under the ticker symbol PDCE.

The company operates in the Energy sector and Oil & Gas E&P industry. PDC Energy Inc has a staff strength of 616 employees.

Stock update

Shares of PDC Energy Inc opened at $73.85 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $73.85 - $73.85, and closed at $73.85.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of PDC Energy Inc have increased by 0%.

PDC Energy Inc's Key Ratios

PDC Energy Inc has a market cap of $6.42 billion, indicating a price to book ratio of 1.493 and a price to sales ratio of 1.5391.

In the last 12-months PDC Energy Inc’s revenue was $3.54 billion with a gross profit of $3.61 billion and an EBITDA of $3.36 billion. The EBITDA ratio measures PDC Energy Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, PDC Energy Inc’s operating margin was 69.72% while its return on assets stood at 18.87% with a return of equity of 46.89%.

In Q2, PDC Energy Inc’s quarterly earnings growth was a negative -51.3% while revenue growth was a negative 34.4%.

PDC Energy Inc’s PE and PEG Ratio

Forward PE

3.7879

Trailing PE

3.1695

PEG

6.02

Its diluted EPS in the last 12-months stands at $23.3 per share while it has a forward price to earnings multiple of 3.7879 and a PEG multiple of 6.02. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into PDC Energy Inc’s profitability.

PDC Energy Inc stock is trading at a EV to sales ratio of 1.7607 and a EV to EBITDA ratio of 2.3961. Its price to sales ratio in the trailing 12-months stood at 1.5391.

PDC Energy Inc stock pays annual dividends of $1.5 per share, indicating a yield of 2.17% and a payout ratio of 14.65%.

Balance sheet and cash flow metrics

Total Assets

$8.36 billion

Total Liabilities

$1.18 billion

Operating Cash Flow

$-393480000.00

Capital Expenditure

$393.68 million

Dividend Payout Ratio

14.65%

PDC Energy Inc ended 2023 with $8.36 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.36 billion while shareholder equity stood at $4.42 billion.

PDC Energy Inc ended 2023 with $719.89 million in deferred long-term liabilities, $1.18 billion in other current liabilities, 870000.00 in common stock, $1.71 billion in retained earnings and $0 in goodwill. Its cash balance stood at $10.20 million and cash and short-term investments were $10.20 million. The company’s total short-term debt was $26,323,000 while long-term debt stood at $1.51 billion.

PDC Energy Inc’s total current assets stands at $581.96 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $498.75 million compared to accounts payable of $231.20 million and inventory worth $61.56 million.

In 2023, PDC Energy Inc's operating cash flow was $-393480000.00 while its capital expenditure stood at $393.68 million.

Comparatively, PDC Energy Inc paid $0.15 in dividends in 2023.

Other key metrics

Current Trading Price

$73.85

52-Week High

$80.0288

52-Week Low

$50.4558

Analyst Target Price

$84.45

PDC Energy Inc stock is currently trading at $73.85 per share. It touched a 52-week high of $80.0288 and a 52-week low of $80.0288. Analysts tracking the stock have a 12-month average target price of $84.45.

Its 50-day moving average was $73.09 and 200-day moving average was $67.59 The short ratio stood at 2.08 indicating a short percent outstanding of 0%.

Around 164.9% of the company’s stock are held by insiders while 9839.5% are held by institutions.