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PDCE

PDC Energy Inc

$63.91

Earnings Summary

Revenue
$1138.49Mn
Net Profits
$662.38Mn
Net Profit Margins
58.18%
PE Ratio
4.9

Highlights

Revenue:

PDC Energy Inc’s revenue jumped 113.54% since last year same period to $1138.49Mn in the Q2 2022. On a quarterly growth basis, PDC Energy Inc has generated 29.03% jump in its revenue since last 3-months.

Net Profits:

PDC Energy Inc’s net profit jumped 861.03% since last year same period to $662.38Mn in the Q2 2022. On a quarterly growth basis, PDC Energy Inc has generated 2172.53% jump in its net profits since last 3-months.

Net Profit Margins:

PDC Energy Inc’s net profit margin jumped 456.38% since last year same period to 58.18% in the Q2 2022. On a quarterly growth basis, PDC Energy Inc has generated 1706.3% jump in its net profit margins since last 3-months.

PE Ratio:

PDC Energy Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 4.9.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the PDC Energy Inc post its latest quarter earnings

EPS Estimate Current Quarter
4.72
EPS Estimate Current Year
4.72

Highlights

EPS Estimate Current Quarter:

PDC Energy Inc’s earning per share (EPS) estimates for the current quarter stand at 4.72 - a 51.77% jump from last quarter’s estimates.

EPS Estimate Current Year:

PDC Energy Inc’s earning per share (EPS) estimates for the current year stand at 4.72.

Key Ratios

Key ratios of the PDC Energy Inc post its Q2 2022 earnings

Earning Per Share (EPS)
5.11
Return on Assets (ROA)
0.13
Return on Equity (ROE)
0.42
Dividend Per Share (DPS)
0.84

Highlights

Earning Per Share (EPS):

PDC Energy Inc’s earning per share (EPS) jumped 207.83% since last year same period to 5.11 in the Q2 2022. This indicates that the PDC Energy Inc has generated 207.83% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. PDC Energy Inc’s return on assets (ROA) stands at 0.13.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. PDC Energy Inc’s return on equity (ROE) stands at 0.42.

Dividend Per Share (DPS):

PDC Energy Inc declared 0.84 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
3.11
3.66
17.68%
2022-06-30
4.72
5.11
8.26%

Company Information

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.

Organisation
PDC Energy Inc
Headquarters
Denver, Colorado, US
Employees
520
Industry
Energy Minerals
CEO
Barton Brookman