PDC ENERGY, INC. company info

CIK 77877
IRS Number 952636730
State of incorporation DE
Business address 1775 SHERMAN STREET
SUITE 3000
DENVER
CO
80203
Mail address PDC ENERGY, INC.
1775 SHERMAN ST
SUITE 3000
CO
80203

Short summary

PDC ENERGY, INC. is a Colorado company, with head office located at 1775 Sherman Street Denver, Colorado 80203. The company achieved a record breaking net income in 2014 - 155.44 million USD. In 2018 the company owned a total of 4.54 billion USD worth of assets, including 274.46 million USD worth of current assets. 2016 was the year when the company amassed the most assets.

PDC ENERGY, INC. Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Operating Income (Loss) -88.2239.8739.8340.0916.72223.78-63.82-332.11-238.2577.75
Interest expense 37.2133.2536.9947.5150.1447.8447.5761.9778.6970.73
Income Tax Expense (Benefit) -45.050.6511.80-11.33-11.8569.9738.31-147.20-211.935.41
Net income -79.286.2113.44-130.71-22.30155.44-68.28-245.93-127.502.02

PDC ENERGY, INC. Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 50.9519.456.775.9643.2140.361.38109.10202.291.431.40
Accounts Receivable, Net, Current 59.9264.8894.09131.20104.27143.39197.60181.43
Inventories 1.101.200.900.800.60
Deferred income taxes 16.1317.0544.120
Property, Plant and Equipment, Gross 2,406.371,922.312,481.892,941.833,286.915,966.066,287.946,373.16
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 725.96483.43653.17956.401,356.321,800.492,095.332,370.30
Goodwill 056.330
Other Assets, Noncurrent 32.0146.1932.7342.9882.479.2022.4131.2432.40
Total assets 1,443.691,917.831,691.442,086.432,391.622,271.674,656.934,442.154,544.15
Current assets 127.90153.87177.25213.57250.95319.14396.22218.30274.46
Non-current assets 38.8189.89
Accounts payable 103.6253.2375.52107.9079.7164.23152.49215.15181.86
Total current liabilities 223.10182.05167.80381.34307.32187.20330.67609.32441.01
Long-term Debt, Excluding Current Maturities 314.12591.98639.13562553493.001,049.001,179.121,194.88
Long-term Debt 676.58668.92664.92
Deferred income taxes 179.71192.73118.25116.95129.32100.08452.03141.81198.10
Other Accrued Liabilities, Noncurrent 28.7129.9494.5692.66
Total liabilities 806.291,058.981,003.311,143.151,075.03847.111,942.492,101.852,017.44
Common Stock, Value, Issued 0.240.300.300.360.400.470.660.660.66
Retained Earnings (Accumulated Deficit) 422.08474.39296.07262.95418.89213.44221.60-166.698.73

PDC ENERGY, INC. Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income -79.286.2113.44-130.71-22.30155.44-68.28-245.93-127.502.02
Depreciation and amortization 4.9044.8044.104.503.806.608.50
Depreciation and amortization 131.00111.06135.15146.88129.52201.66303.26416.87
Deferred Income Tax Expense (Benefit) -18.081.189.53-80.38-15.8888.47-41.42-137.25-203.696.11
Accounts receivable 13.202.12-3.456.84-41.51-34.6024.7732.6360.55-12.03
Net Cash Provided by (Used in) Operating Activities 143.90151.81166.83174.72159.17236.69411.07486.26597.81889.30
Payments to Acquire Businesses, Net of Cash Acquired 0158.05145.89312.229.66001,073.7215.63180.03
Net Cash Provided by (Used in) Investing Activities -142.28-300.93-456.40-451.94-217.11-474.14-604.26-1,509.13-716.99-1,087.93
Proceeds from Issuance of Long-term Debt 0115050000
Payments for Repurchase of Common Stock 3.141.504.135.396.066.946.675.15
Net Cash Provided by (Used in) Financing Activities -20.62171.55243.43271.44248.7360.27177.971,266.1165.0018.10
Cash and Cash Equivalents, Period Increase (Decrease) -19.0122.43-46.13-5.78190.79-177.18-15.22243.25-63.43-180.53