Fundies.
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PDC Energy, Inc.

EDGAR
PDCE Quarterly report (10-Q) · filed 2023-08-01

212 filing records in this dataset, filed from 1995-03-29 to 2023-08-01. Reported financial figures are available; chart coverage varies by period.

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Watchlist

Latest quarter

Revenue

803 million USD

2023 Q2 · USD

Exact inputs and evidence

Operating margin

50.81%

2023 Q2 · %

Exact inputs and evidence
  • Operating Income: 407750000 USD Source
  • Revenue: 802509000 USD Source

Operating cash flow

268 million USD

2023 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 856121000 USD Source
  • Operating Cash Flow: 588323000 USD Source
Cash and cash equivalents
10.2 million USD Source
Exact value

10204000 USD

Long-term debt including current maturities
665 million USD Source
Exact value

664923000 USD

Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

3.79 billion USD

2022-07-01 – 2023-06-30

Exact inputs and evidence
  • Revenue: 1200619000 USD · 2022-07-01 – 2022-09-30 Source
  • Revenue: 4296681000 USD · 2022-01-01 – 2022-12-31 Source
  • Revenue: 3320678000 USD · 2022-01-01 – 2022-09-30 Source
  • Revenue: 813284000 USD · 2023-01-01 – 2023-03-31 Source
  • Revenue: 802509000 USD · 2023-04-01 – 2023-06-30 Source

Net income

1.85 billion USD

2022-07-01 – 2023-06-30

Exact inputs and evidence
  • Net income: 797965000 USD · 2022-07-01 – 2022-09-30 Source
  • Net income: 1778121000 USD · 2022-01-01 – 2022-12-31 Source
  • Net income: 1428386000 USD · 2022-01-01 – 2022-09-30 Source
  • Net income: 414132000 USD · 2023-01-01 – 2023-03-31 Source
  • Net income: 288712000 USD · 2023-04-01 – 2023-06-30 Source

Operating cash flow

2.39 billion USD

2022-07-01 – 2023-06-30

Exact inputs and evidence
  • Operating cash flow: 2084791000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: 1236381000 USD · 2022-01-01 – 2022-06-30 Source
  • Operating cash flow: 2772324000 USD · 2022-01-01 – 2022-12-31 Source
  • Operating cash flow: 2084791000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: 588323000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: 856121000 USD · 2023-01-01 – 2023-06-30 Source
  • Operating cash flow: 588323000 USD · 2023-01-01 – 2023-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-08-01.

Financial data available through: 2022-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2022-12-31
  • Operating income: 11 of 11 periods available· newest 2022-12-31
  • Net income: 11 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2022-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 11 of 11 periods available· newest 2022-12-31
  • Total liabilities: 11 of 11 periods available· newest 2022-12-31
  • Current assets: 11 of 11 periods available· newest 2022-12-31
  • Current liabilities: 11 of 11 periods available· newest 2022-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2022-12-31
  • Long-term debt including current maturities: 3 of 11 periods available· newest 2014-12-31
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +68.3%

    Prior period

    USD 2.55 billion

    –

    Current period

    USD 4.3 billion

    –

    Exact inputs and evidence

    4296681000 − 2552558000 = 1744123000 USD

    2552558000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    4296681000 USD · 2022-01-01 – 2022-12-31

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  • Net income

    +240.4%

    Prior period

    USD 522.31 million

    –

    Current period

    USD 1.78 billion

    –

    Exact inputs and evidence

    1778121000 − 522311000 = 1255810000 USD

    522311000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    1778121000 USD · 2022-01-01 – 2022-12-31

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  • Operating cash flow

    +79.1%

    Prior period

    USD 1.55 billion

    –

    Current period

    USD 2.77 billion

    –

    Exact inputs and evidence

    2772324000 − 1547796000 = 1224528000 USD

    1547796000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    2772324000 USD · 2022-01-01 – 2022-12-31

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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

  • Revenue USD 4.3 billion 100% of revenue
  • Operating costs Derived USD 2.09 billion 49% of revenue
  • Operating income USD 2.21 billion 51% of revenue
  • Tax, interest and other Derived USD 428.88 million 10% of revenue
  • Net income USD 1.78 billion 41% of revenue

Cash

  • Operating cash flow USD 2.77 billion 65% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2013 Net loss: net income was −5.7% of revenue.
  • 2014 18%74%
  • 2015 Operating loss: operating costs were 111% of revenue.
  • 2016 Operating loss: operating costs were 187% of revenue.
  • 2017 Operating loss: operating costs were 126% of revenue.
  • 2018 94%
  • 2019 Net loss: net income was −4.3% of revenue.
  • 2020 Operating loss: operating costs were 156% of revenue.
  • 2021 20%75%
  • 2022 41%10%49%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2013 2013-01-01 – 2013-12-31392665000 375945000 Derived 16720000 39021000 Derived -22301000 Unavailable
Source
2014 2014-01-01 – 2014-12-31856207000 632427000 Derived 223780000 68345000 Derived 155435000 Unavailable
Source
2015 2015-01-01 – 2015-12-31595326000 659150000 Derived -63824000 4456000 Derived -68280000 Unavailable
Source
2016 2016-01-01 – 2016-12-31382915000 715029000 Derived -332114000 -86186000 Derived -245928000 Unavailable
Source
2017 2017-01-01 – 2017-12-31921616000 1159868000 Derived -238252000 -110748000 Derived -127504000 Unavailable
Source
2018 2018-01-01 – 2018-12-311389961000 1312215000 Derived 77746000 75723000 Derived 2023000 Unavailable
Source
2019 2019-01-01 – 2019-12-311307275000 1296170000 Derived 11105000 67777000 Derived -56672000 Unavailable
Source
2020 2020-01-01 – 2020-12-311152555000 1796093000 Derived -643538000 80782000 Derived -724320000 Unavailable
Source
2021 2021-01-01 – 2021-12-312552558000 1920966000 Derived 631592000 109281000 Derived 522311000 Unavailable
Source
2022 2022-01-01 – 2022-12-314296681000 2089683000 Derived 2206998000 428877000 Derived 1778121000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 4.3B 2022
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.6B3.5B2.3B1.2B0.0201320182022
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Revenue392665000
2014Revenue856207000
2015Revenue595326000
2016Revenue382915000
2017Revenue921616000
2018Revenue1389961000
2019Revenue1307275000
2020Revenue1152555000
2021Revenue2552558000
2022Revenue4296681000

Revenue growth

Change in revenue from the same financial period one year earlier.

68.3% 2022
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.155%104%53%1%-50%201320182022
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2013Year over year27.8%
2014Year over year118.1%
2015Year over year-30.5%
2016Year over year-35.7%
2017Year over year140.7%
2018Year over year50.8%
2019Year over year-5.9%
2020Year over year-11.8%
2021Year over year121.5%
2022Year over year68.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 51.4% 2022
Net margin 41.4% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.62%22%-18%-58%-98%201320182022
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2013Operating margin4.3%
2014Operating margin26.1%
2015Operating margin-10.7%
2016Operating margin-86.7%
2017Operating margin-25.9%
2018Operating margin5.6%
2019Operating margin0.8%
2020Operating margin-55.8%
2021Operating margin24.7%
2022Operating margin51.4%
2013Net margin-5.7%
2014Net margin18.2%
2015Net margin-11.5%
2016Net margin-64.2%
2017Net margin-13.8%
2018Net margin0.1%
2019Net margin-4.3%
2020Net margin-62.8%
2021Net margin20.5%
2022Net margin41.4%
2013Free cash flow marginNot reported
2014Free cash flow marginNot reported
2015Free cash flow marginNot reported
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 2.8B 2022
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.0B2.2B1.5B748.5M0.0201320182022
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Operating cash flow159165000
2014Operating cash flow236689000
2015Operating cash flow411073000
2016Operating cash flow486263000
2017Operating cash flow597813000
2018Operating cash flow889302000
2019Operating cash flow858226000
2020Operating cash flow870079000
2021Operating cash flow1547796000
2022Operating cash flow2772324000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2013Free cash flowUnavailable
2014Free cash flowUnavailable
2015Free cash flowUnavailable
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

50.1% 2022
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.56%42%28%14%0%201320182022
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2013Liabilities / assets52.2%
2014Liabilities / assets51.2%
2015Liabilities / assets45.7%
2016Liabilities / assets41.5%
2017Liabilities / assets43.3%
2018Liabilities / assets44.4%
2019Liabilities / assets47.5%
2020Liabilities / assets50.1%
2021Liabilities / assets45.5%
2022Liabilities / assets50.1%

Current assets to current liabilities

Current assets divided by current liabilities.

0.42× 2022
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.65×1.24×0.82×0.41×0.00×201320182022
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2013Current assets / current liabilities1.53×
2014Current assets / current liabilities1.36×
2015Current assets / current liabilities1.1×
2016Current assets / current liabilities1.48×
2017Current assets / current liabilities0.96×
2018Current assets / current liabilities0.62×
2019Current assets / current liabilities0.84×
2020Current assets / current liabilities0.4×
2021Current assets / current liabilities0.5×
2022Current assets / current liabilities0.42×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2013 2013-01-01 – 2013-12-31
−USD 22.3 million
Exact value

Exact value: -22301000 USD

2013-01-01 – 2013-12-31: -22301000 USD Inspect Net Income Open source
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USD 159.17 million
Exact value

Exact value: 159165000 USD

2013-01-01 – 2013-12-31: 159165000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2014 2014-01-01 – 2014-12-31
USD 155.44 million
Exact value

Exact value: 155435000 USD

2014-01-01 – 2014-12-31: 155435000 USD Inspect Net Income Open source
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USD 236.69 million
Exact value

Exact value: 236689000 USD

2014-01-01 – 2014-12-31: 236689000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2015 2015-01-01 – 2015-12-31
−USD 68.28 million
Exact value

Exact value: -68280000 USD

2015-01-01 – 2015-12-31: -68280000 USD Inspect Net Income Open source
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USD 411.07 million
Exact value

Exact value: 411073000 USD

2015-01-01 – 2015-12-31: 411073000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2016 2016-01-01 – 2016-12-31
−USD 245.93 million
Exact value

Exact value: -245928000 USD

2016-01-01 – 2016-12-31: -245928000 USD Inspect Net Income Open source
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USD 486.26 million
Exact value

Exact value: 486263000 USD

2016-01-01 – 2016-12-31: 486263000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
−USD 127.5 million
Exact value

Exact value: -127504000 USD

2017-01-01 – 2017-12-31: -127504000 USD Inspect Net Income Open source
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USD 597.81 million
Exact value

Exact value: 597813000 USD

2017-01-01 – 2017-12-31: 597813000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 2.02 million
Exact value

Exact value: 2023000 USD

2018-01-01 – 2018-12-31: 2023000 USD Inspect Net Income Open source
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USD 889.3 million
Exact value

Exact value: 889302000 USD

2018-01-01 – 2018-12-31: 889302000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
−USD 56.67 million
Exact value

Exact value: -56672000 USD

2019-01-01 – 2019-12-31: -56672000 USD Inspect Net Income Open source
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USD 858.23 million
Exact value

Exact value: 858226000 USD

2019-01-01 – 2019-12-31: 858226000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 724.32 million
Exact value

Exact value: -724320000 USD

2020-01-01 – 2020-12-31: -724320000 USD Inspect Net Income Open source
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USD 870.08 million
Exact value

Exact value: 870079000 USD

2020-01-01 – 2020-12-31: 870079000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 522.31 million
Exact value

Exact value: 522311000 USD

2021-01-01 – 2021-12-31: 522311000 USD Inspect Net Income Open source
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USD 1.55 billion
Exact value

Exact value: 1547796000 USD

2021-01-01 – 2021-12-31: 1547796000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 1.78 billion
Exact value

Exact value: 1778121000 USD

2022-01-01 – 2022-12-31: 1778121000 USD Inspect Net Income Open source
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USD 2.77 billion
Exact value

Exact value: 2772324000 USD

2022-01-01 – 2022-12-31: 2772324000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

212 filings · 3,896 latest values · 3,896 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000077877, 77877, PDCE, edgar:77877

Also known as PDC ENERGY, INC., PDC Energy, Inc., PETROLEUM DEVELOPMENT CORP