Docoh
Loading...

PDCE PDC Energy

PDC Energy, Inc. is a domestic independent exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas and NGLs, with operations in the Wattenberg Field in Colorado and Delaware Basin in west Texas. Its operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and its Delaware Basin operations are primarily focused in the horizontal Wolfcamp zones.

Company profile

Ticker
PDCE
Exchange
Website
CEO
Barton Brookman
Employees
Incorporated
Location
Fiscal year end
Former names
PETROLEUM DEVELOPMENT CORP
SEC CIK
IRS number
952636730

PDCE stock data

(
)

Calendar

24 Feb 21
22 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from PDC Energy earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 2.62M 2.62M 2.62M 2.62M 2.62M 2.62M
Cash burn (monthly) 398.33K (positive/no burn) (positive/no burn) 53.63M 8.84M (positive/no burn)
Cash used (since last report) 1.49M n/a n/a 200.77M 33.08M n/a
Cash remaining 1.13M n/a n/a -198.14M -30.46M n/a
Runway (months of cash) 2.8 n/a n/a -3.7 -3.4 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Apr 21 Martinet Nicole L Common Stock Payment of exercise Dispose F No No 35.97 467 16.8K 51,600
1 Apr 21 David Lillo Common Stock Payment of exercise Dispose F No No 35.97 4,823 173.48K 68,764
1 Apr 21 Griggs Douglas J Common Stock Grant Aquire A No No 0 12,596 0 45,774
1 Apr 21 Griggs Douglas J Common Stock Payment of exercise Dispose F No No 35.97 2,498 89.85K 33,178
8 Mar 21 Anthony J Crisafio Common Stock Sell Dispose S No No 37.78 5,000 188.9K 9,036
8 Mar 21 Lance Lauck Common Stock Sell Dispose S No No 37.45 3,000 112.35K 166,852

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders
Current Prev Q Change
Total holders 221 202 +9.4%
Opened positions 41 24 +70.8%
Closed positions 22 43 -48.8%
Increased positions 75 87 -13.8%
Reduced positions 72 62 +16.1%
13F shares
Current Prev Q Change
Total value 2.1B 1.27B +64.9%
Total shares 102.01M 102.53M -0.5%
Total puts 180.7K 552.3K -67.3%
Total calls 583.2K 1.04M -43.8%
Total put/call ratio 0.3 0.5 -41.8%
Largest owners
Shares Value Change
BLK Blackrock 16.03M $329.16M +6.4%
Vanguard 10.25M $210.52M -7.9%
Dimensional Fund Advisors 6.15M $126.18M -11.9%
STT State Street 4.12M $84.49M -9.6%
Victory Capital Management 4.06M $83.39M +15.8%
Marshall Wace North America 3.57M $73.26M +7.7%
Jennison Associates 2.88M $59.17M +595.2%
MCQEF Macquarie 2.57M $52.74M +8.4%
Harris Associates L P 2.55M $52.44M -1.2%
Deep Basin Capital 2.29M $46.99M -46.0%
Largest transactions
Shares Bought/sold Change
Jennison Associates 2.88M +2.47M +595.2%
Citadel Advisors 1.43M -2.05M -59.0%
Deep Basin Capital 2.29M -1.95M -46.0%
Channing Capital Management 1.11M +1.11M NEW
BLK Blackrock 16.03M +965.71K +6.4%
Vanguard 10.25M -880.62K -7.9%
Dimensional Fund Advisors 6.15M -827.94K -11.9%
Key 784.87K +784.87K NEW
NTRS Northern Trust 1.53M -619.39K -28.9%
CS Credit Suisse 285.72K -586.46K -67.2%

Financial report summary

?
Management Discussion
  • During 2020, the effects of the coronavirus 2019 (“COVID-19”) pandemic led to a significant decline in global demand for crude oil and natural gas, contributing to a drastic reduction in commodity prices and negatively impacting oil and natural gas producers located in the United States, including PDC. The commodity price environment may remain volatile for an extended period as a result of reduced global oil and natural gas demand and the global economic recession. We expect to be able to fund our operations, planned capital expenditures, working capital and other requirements during the next 12 months and for the foreseeable future. See Item 1A. Risk Factors for additional information regarding the potential impacts of the COVID-19 pandemic.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: absolute, acknowledged, altogether, appeal, appealed, arbitrarily, ARO, ASU, attend, authoritative, automatic, automation, awaiting, batch, Biden, bifurcation, broken, buyback, care, child, citing, commensurate, comment, commissioner, creditworthy, culture, Cushing, Democratic, dividend, downturn, draft, drastic, earlier, economy, EPS, ESG, eventually, fallen, fifty, fired, Fish, flux, Governor, grown, harassment, HB, hesitancy, Highway, horizon, House, imaging, inaugural, Incident, insolvency, intrinsic, Joe, judgement, judicially, Kinder, largest, Lastly, legislature, lend, Lender, lending, lessen, LOE, loosened, mainstream, meantime, medical, middle, Montana, Morgan, motivate, NOAV, Oklahoma, optical, orderly, overnight, pandemic, platform, preliminarily, proactive, probabilistic, proforma, PVAR, quick, random, reacquired, real, recession, reinforce, reinstated, remind, remote, remotely, residential, resumed, retroactively, reward, roadmap, signal, skill, slowdown, Social, spudder, stabilized, staffed, stakeholder, statewide, statute, substantive, Summit, Supplementary, survey, TGP, threat, tied, top, Topic, TRIR, undertaken, unpermitted, unrest, unsatisfied, upholding, vacate, vacated, vacating, version, voiced, volunteerism, welfare, wellbeing, White, wholly, widespread, winter, Wyoming, XL
Removed: absence, accept, accrual, affiliated, al, alleviate, approximating, assert, attack, authorizing, Bcf, bear, behavior, breach, capture, ceasing, Columbia, column, Compact, comparative, complement, conclusion, condemned, constituting, consultation, Consumer, contrast, convenience, Council, credited, curtailment, delayed, dictated, disclosing, divest, Dufresne, duty, eliminate, employ, exacerbate, experiencing, exposing, failing, fiduciary, finalization, foot, Fort, fossil, gave, goodwill, Ground, handling, headcount, identification, impair, impracticable, ineffective, initiative, injunctive, insignificant, intensify, Intermediate, internally, leasing, list, LLC, Longmont, marginal, measurable, mechanical, Mercantile, merit, mitigation, motion, necessity, notwithstanding, observation, opening, owed, Parent, payroll, pension, permissible, precluded, prevented, producible, propose, purpose, pursued, pursuit, recalculate, recognizing, regionally, registry, reissuance, relief, remediated, rental, revisit, rounding, SAR, satisfied, searchable, seeking, selecting, semiannually, shorthand, sovereign, spur, strained, submission, swap, temperature, temporarily, thereto, twelve, unattractive, unusual, unutilized, vulnerability, Wall, wealth, withdrawing, workover, written, York