PDC Energy, Inc., an independent exploration and production company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the United States. The company's operations are primarily located in the Wattenberg Field in Colorado and the Delaware Basin in Texas. As of December 31, 2021, it owned interests in approximately 3,500 productive gross wells. The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc. in June 2012. PDC Energy, Inc. was founded in 1969 and is headquartered in Denver, Colorado.
P/S ratio for PDC Energy, Inc. (PDCE)
P/S ratio as of 2022: 1.40
According to PDC Energy, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.40. At the end of 2021 the company had a P/S ratio of 1.88.
P/S ratio history for PDC Energy, Inc. from 1983 to 2022
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2022 | 1.40 |
| 2021 | 1.88 |
| 2020 | 1.75 |
| 2019 | 1.28 |
| 2018 | 1.41 |
| 2017 | 3.72 |
| 2016 | 7.03 |
| 2015 | 5.36 |
| 2014 | 2.72 |
| 2013 | 4.02 |
| 2012 | 2.90 |
| 2011 | 2.09 |
| 2010 | 2.89 |
| 2009 | 1.18 |
| 2008 | 0.58 |
| 2007 | 2.86 |
| 2006 | 2.45 |
| 2005 | 1.64 |
| 2004 | 2.15 |
| 2003 | 1.83 |
| 2002 | 0.66 |
| 2001 | 0.57 |
| 2000 | 0.75 |
| 1999 | 0.61 |
| 1998 | 0.57 |
| 1997 | 0.81 |
| 1996 | 0.95 |
| 1995 | 0.84 |
| 1994 | 0.62 |
| 1993 | 0.73 |
| 1992 | 0.53 |
| 1991 | 0.47 |
| 1990 | 0.43 |
| 1989 | 0.56 |
| 1988 | 0.48 |
| 1987 | 0.36 |
| 1986 | 0.32 |
| 1985 | 0.24 |
| 1984 | 0.00 |
| 1983 | 0.00 |