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.
Revenue of PDC Energy, Inc. (PDCE)
Revenue in 2022 (TTM): $4.3 B
According to PDC Energy, Inc.'s latest financial reports the company's current revenue (TTM) is $4.3 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of PDC Energy, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2022 | $4.3 B | $2.85 B | $3.43 B | $2.23 B | $1.78 B |
| 2021 | $2.55 B | $1.65 B | $1.05 B | $548.89 M | $522.31 M |
| 2020 | $1.15 B | $395.61 M | $677.6 M | $-732,222,000 | $-724,320,000 |
| 2019 | $1.31 B | $536.02 M | $866.44 M | $-59,994,000 | $-56,672,000 |
| 2018 | $1.39 B | $571.45 M | $717.82 M | $7.43 M | $2.02 M |
| 2017 | $913.08 M | $260.42 M | $597.27 M | $-339,432,000 | $-127,504,000 |
| 2016 | $506.08 M | $-30,764,000 | $221.33 M | $-393,123,000 | $-245,928,000 |
| 2015 | $389.63 M | $-10,928,000 | $-100,965,000 | $-106,588,000 | $-68,280,000 |
| 2014 | $542.98 M | $194.82 M | $280.46 M | $177.23 M | $155.44 M |
| 2013 | $429.19 M | $158.45 M | $89.36 M | $-41,269,000 | $-22,301,000 |
| 2012 | $317.41 M | $48.49 M | $-30,594,000 | $-233,621,000 | $-130,712,000 |
| 2011 | $395.96 M | $255.16 M | $200 M | $2.9 M | $13.44 M |
| 2010 | $287.76 M | $152.92 M | $92.36 M | $8.11 M | $6.21 M |
| 2009 | $254.77 M | $127.49 M | $50.87 M | $-126,922,000 | $-79,277,000 |
| 2008 | $609.36 M | $389.7 M | $352.58 M | $174.77 M | $113.31 M |
| 2007 | $305.24 M | $129.33 M | $115.76 M | $54.19 M | $33.21 M |
| 2006 | $275.14 M | $95.22 M | $418.7 M | $387.41 M | $237.77 M |
| 2005 | $332.39 M | $93.51 M | $96.58 M | $66.13 M | $41.45 M |
| 2004 | $290.72 M | $77.94 M | $26.34 M | $54.6 M | $34.06 M |
| 2003 | $202.85 M | $55.38 M | $49.08 M | $34.92 M | $22.62 M |
| 2002 | $132.49 M | $28.06 M | $25.19 M | $13.08 M | $9.28 M |
| 2001 | $177.12 M | $36.8 M | $31.66 M | $21.08 M | $14.97 M |
| 2000 | $141.22 M | $26.03 M | $21.22 M | $14.27 M | $10.68 M |
| 1999 | $96.8 M | $17.1 M | $14.3 M | $10.1 M | $7.8 M |
| 1998 | $83 M | $14.4 M | $11.9 M | $8.7 M | $6.7 M |
| 1997 | $73.9 M | $15 M | $12.7 M | $9.7 M | $7.6 M |
| 1996 | $49.6 M | $9.6 M | $7.3 M | $4.6 M | $3.5 M |
| 1995 | $22.3 M | $6.3 M | $4.3 M | $1.9 M | $1.5 M |
| 1994 | $23.8 M | $5.4 M | $3.2 M | $1.2 M | $1000 K |
| 1993 | $20.5 M | $5.3 M | $3.4 M | $1.6 M | $1.6 M |
| 1992 | $22.7 M | $5.7 M | $3.5 M | $2.6 M | $1.7 M |
| 1991 | $17.3 M | $4.2 M | $1.9 M | $1.4 M | $900 K |
| 1990 | $13.2 M | $2.2 M | $-2,100,000 | $700 K | $400 K |
| 1989 | $10.1 M | $2.7 M | $900 K | $-1,200,000 | $-800,000 |
| 1988 | $9.2 M | $2.3 M | $600 K | $-1,600,000 | $-1,100,000 |
| 1987 | $11.8 M | $4.1 M | $2.7 M | $ | $200 K |
| 1986 | $11.9 M | $3.8 M | $2.1 M | $1.6 M | $200 K |
| 1985 | $14.2 M | $4.3 M | $2.7 M | $500 K | $300 K |