PDC ENERGY, INC.

pdce.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2023 10-Q, filed Aug 1, 2023. Its latest SEC filing is a SC 13G/A from Feb 9, 2024.

The sections below describe the company as of the FY2022 annual report.

How Did They Make Money?

FY2022 revenue

Did Revenues Turn Into Profits?

Yes. It kept 46 cents of every revenue dollar as net income in FY2022.

Operating income, FY2022

57% of revenue

▲ +249% vs FY2021 ($631.6M, 34%)

Net income, FY2022

46% of revenue

▲ +240% vs FY2021 ($522.3M, 28%)

How Were They Changing?

Since the FY2022 annual report

Latest quarter: Q2 FY2023, the three months to Jun 30, 2023

Revenue: ▼ −23%; vs $1.1B in Q2 FY2022
Net income: ▼ −56%; vs $662.4M in Q2 FY2022

Grew. Revenue grew 2.5x in 4 years, from $1.5B in FY2018 to $3.8B in FY2022, about 26% a year.

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