7 May 2015quarterly activities report▼ Bad
PDC ENERGY, INC. reported quarterly revenue of $90.8 million and a net loss of $71.5 million for the period ended 2015-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 May 2015quarterly activities report▼ Bad
PDC ENERGY, INC. reported quarterly revenue of $90.8 million and a net loss of $71.5 million for the period ended 2015-03-31.
23 Mar 2015material agreement● NeutralMajor
PDC sold 4,002,000 new shares of common stock to underwriters Goldman Sachs and J.P. Morgan at $50.73 per share (including 522,000 over-allotment shares), completed March 23, 2015. This adds shares to the count, which dilutes existing holders; the filing does not state what the money will be used for.
20 Mar 2015securities registration● Neutral
PDC ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
18 Mar 2015securities registration● Neutral
PDC ENERGY, INC. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
18 Mar 2015securities registration● Neutral
PDC ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
19 Feb 2015quarterly activities report● Neutral
PDC ENERGY, INC. reported quarterly revenue of $407.7 million and net income of $131.8 million for the period ended 2014-12-31.
17 Feb 2015substantial holder notice● Neutral
Citadel Advisors LLC, Citadel Advisors Holdings II LP, Citadel GP LLC, Kenneth Griffin reported a PDC ENERGY, INC. shareholding of 1.60% of votes in a periodic institutional filing.
11 Feb 2015substantial holder notice● Neutral
The Vanguard Group reported a PDC ENERGY, INC. shareholding of 2,454,819 shares (6.84% of votes) in a periodic institutional filing.
29 Jan 2015quarterly activities report● Neutral
PDC ENERGY, INC. reported quarterly revenue of $407.7 million and net income of $131.8 million for the period ended 2014-12-31.
22 Jan 2015substantial holder notice● Neutral
BlackRock, Inc reported a PDC ENERGY, INC. shareholding of 3,146,081 shares (8.80% of votes) in a periodic institutional filing.
15 Jan 2015director interest notice● Neutral
PDC ENERGY, INC. director Kimberly Luff Wakim received 3,379 shares as part of the equity award.
15 Jan 2015director interest notice● Neutral
PDC ENERGY, INC. Sr. VP Operations Scott J Reasoner received 8,759 shares and a 11,117-share option grant as part of the equity award.
15 Jan 2015director interest notice● Neutral
PDC ENERGY, INC. director Joseph E. Casabona received 3,379 shares as part of the equity award.
14 Jan 2015substantial holder notice● Neutral
Cognizant Holdings, Ltd, Integrated Assets, Ltd, ICS Opportunities, Ltd, Millennium International Management LP, Millennium International Management GP LLC, Millennium Management LLC, Israel A. Englander disclosed a new substantial PDC ENERGY, INC. shareholding (4.80% of votes).
7 Jan 2015director interest notice● Neutral
Scott J Reasoner became a PDC ENERGY, INC. Sr. VP Operations and company insider (initial ownership filing).
5 Jan 2015director interest notice● Neutral
PDC ENERGY, INC. director James M Trimble had 7,272 shares withheld for taxes on vesting stock.
5 Jan 2015director interest notice● Neutral
PDC ENERGY, INC. CEO, President & Director Barton R Brookman Jr. had 2,539 shares withheld for taxes on vesting stock.
5 Jan 2015director interest notice● Neutral
PDC ENERGY, INC. Sr. VP, General Counsel & Sec. Daniel Willson Amidon had 1,643 shares withheld for taxes on vesting stock.
5 Jan 2015director interest notice● Neutral
PDC ENERGY, INC. CFO Gysle R. Shellum had 2,319 shares withheld for taxes on vesting stock.
5 Jan 2015director interest notice● Neutral
PDC ENERGY, INC. EVP Corp Dev & Strategy Lance Lauck had 1,531 shares withheld for taxes on vesting stock.
17 Dec 2014substantial holder notice● Neutral
Cognizant Holdings, Ltd, Integrated Assets, Ltd, ICS Opportunities, Ltd, Millennium International Management LP, Millennium International Management GP LLC, Millennium Management LLC, Israel A. Englander disclosed a new substantial PDC ENERGY, INC. shareholding (4.40% of votes).
2 Dec 2014director interest notice● Neutral
PDC ENERGY, INC. CAO R Scott Meyers had 249 shares withheld for taxes on vesting stock.
6 Nov 2014quarterly activities report● Neutral
PDC ENERGY, INC. reported quarterly revenue of $224.6 million and net income of $54.0 million for the period ended 2014-09-30.
6 Nov 2014quarterly activities report● Neutral
PDC ENERGY, INC. reported quarterly revenue of $224.6 million and net income of $54.0 million for the period ended 2014-09-30.
16 Oct 2014asset acquisition disposition▲ GoodMajor
PDC completed the sale of PDC Mountaineer, LLC (West Virginia and Pennsylvania oil, gas, mineral and midstream assets) on October 14, 2014, closing the deal announced August 1, 2014. PDC received net pre-tax proceeds of about $190 million, about $150 million in cash and a $40 million promissory note from the buyer, after repaying its share of joint venture debt and adjustments and subject to post-closing adjustments; the buyer also took on PDC's share of related firm transportation obligations and certain natural gas hedges. Note: this filing states a $250 million purchase price for PDC's interest, while the August filing described $500 million for the whole company (with partner LR-Mountaineer), which appears to be the total for both sellers' 50% stakes (inference).
18 Aug 2014director interest notice● Neutral
PDC ENERGY, INC. director David C Parke sold 250 shares at $56.81.
8 Aug 2014quarterly activities report▼ Bad
PDC ENERGY, INC. reported quarterly revenue of $101.3 million and a net loss of $28.2 million for the period ended 2014-06-30.
8 Aug 2014quarterly activities report▼ Bad
PDC ENERGY, INC. reported quarterly revenue of $101.3 million and a net loss of $28.2 million for the period ended 2014-06-30.
1 Aug 2014material agreement● NeutralMajor
PDC agreed to sell, together with its 50% joint venture partner LR-Mountaineer Holdings, all of PDC Mountaineer, LLC to PDC Mountaineer Holdings, LLC for $500 million in total, about $80 million of it as a promissory note from the buyer. Target owns oil and gas leasehold, mineral and midstream assets in West Virginia and Pennsylvania; PDC expects net pre-tax proceeds of about $190 million ($150 million cash and a $40 million note), with closing still subject to conditions.