| Address:
|
1775 SHERMAN STREET
SUITE 3000 |
| City: |
DENVER |
|
State: |
CO |
|
Zip Code: |
80203 |
| Telephone: |
304-842-3597 |
|
Description of Business
|
Primary SIC Code:
1311 |
| (As filed with the SEC)
|
|
|
Established in 1969, we are an independent natural gas and crude oil company
that explores for and acquires, develops, produces and markets natural gas and
crude oil resources. Effective July 15, 2010, we began conducting business as
PDC Energy. A new logo and corporate identity accompanied this change. Our
common stock continues to trade on the NASDAQ Global Select Market under the
ticker symbol PETD. Our web site, www.petd.com, reflects the new PDC Energy name
and brand identity. We believe that the name PDC Energy more fully portrays the
range of business activities in which we engage. At our annual shareholder
meeting to be held in June 2011, we plan to request our shareholders to approve
and amend our articles of incorporation to formally change our corporate name to
PDC Energy. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -0.14 | NA | N/E | | 06/2011 | -1.38 | NA | N/E | | 03/2011 | -1.79 | NA | N/E | | 12/2010 | 0.36 | NA | 117.36 | | 09/2010 | 0.65 | NA | 42.46 | | 06/2010 | -0.97 | NA | N/E | | 03/2010 | -3.21 | NA | N/E | | 12/2009 | -4.83 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.03 | Total Liab/Total Assets | 0.54 | | Net Inc/Total Assets | 0.00 | Total Liab/Inv Cap | 0.62 | | Net Inc/Inv Cap | 0.01 | Total Liab/Comm Equity | 3.57 | | Pretax Inc/Net Sales | 0.02 | Interest Coverage Ratio | 1.24 | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | 0.05 | | Cash Flow/Net Sales | 0.44 | LTD/Equity | 0.46 | | SG&A/NetSales | 0.31 | Total Debt/Equity | 0.51 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 4.37 | Quick Ratio | 1.10 | | Inventory Turnover | NA | Current Ratio | 1.10 | | Inventory Day Sales | NA | Net Rec/Curr Assets | 0.38 | | Net Sales/Work Cap | 21.47 | Inv/Curr Assets | NA | | Net Sales/PP&E | 0.31 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
144.98
|
113.43
|
57.08
|
58.78
|
|
Cost of Goods Sold
|
34.74
|
60.64
|
17.14
|
-26.00
|
|
Selling & Admin Exps
|
13.68
|
-1.53
|
34.91
|
77.86
|
|
Operating Income
|
62.28
|
21.65
|
-27.34
|
-20.05
|
|
Interest Exp
|
9.50
|
9.07
|
9.06
|
9.60
|
|
Pretax Income
|
52.82
|
12.58
|
-36.39
|
-29.64
|
|
Other Income
|
0.07
|
0.00
|
0.01
|
-0.14
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
32.56
|
9.17
|
-19.92
|
-18.14
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
43.38
|
6.77
|
14.70
|
54.37
|
|
Receivables - Total
|
83.88
|
66.48
|
77.50
|
66.77
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
195.53
|
127.90
|
152.81
|
176.82
|
|
Net Property, Plant & Equipment
|
1,303.78
|
1,244.41
|
1,152.96
|
1,125.23
|
|
Total Assets
|
1,591.36
|
1,443.69
|
1,388.35
|
1,389.04
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
119.73
|
162.00
|
99.34
|
100.88
|
|
Debt in Current Liabilities
|
21.15
|
30.35
|
42.27
|
30.00
|
|
Total Current Liabilities
|
170.29
|
223.10
|
173.00
|
160.63
|
|
Long-Term Debt
|
480.24
|
314.12
|
296.71
|
295.70
|
|
Total Liabilities
|
920.15
|
806.37
|
763.82
|
746.87
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
0.00
|
0.08
|
0.08
|
0.08
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.24
|
0.24
|
0.24
|
0.24
|
|
Retained Earnings
|
454.64
|
422.08
|
412.92
|
432.84
|
|
Treasury Stock
|
-0.24
|
-0.24
|
-0.11
|
-0.11
|
|
Total Stockholders' Equity
|
671.21
|
637.32
|
624.53
|
642.17
|
|
Total Liabilities and Stockholders' Equity
|
1,591.36
|
1,443.69
|
1,388.35
|
1,389.04
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
33.87
|
56.12
|
15.48
|
35.02
|
|
Net Cash Provided by Investing Activities
|
-180.42
|
-78.52
|
-61.23
|
-128.40
|
|
Net Cash Provided by Financing Activities
|
172.09
|
14.48
|
6.08
|
134.46
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 286.50 | 237.77 | 15.11 | | 12/2007 | 305.24 | 33.21 | 2.24 | | 12/2008 | 609.36 | 113.31 | 7.63 | | 12/2009 | 230.88 | -79.28 | -4.83 | | 12/2010 | 347.65 | 6.21 | 0.36 | | Growth Rates | 4.95 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 148 | 23,972 | -- |
|
Report Date :
2/6/2012
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