PDC Energy Inc (PDCE) Stock
PDCE is no longer traded. PDC Energy was acquired by Chevron (CVX) on August 7, 2023.
Each PDCE share was exchanged for $45.00 in cash and 0.1253 shares of Chevron common stock. Prices on this page are historical; the last trade was August 4, 2023 at $73.85.
See Chevron (CVX) stock →PDC Energy stock price history
PDCE final trading statistics
- Final close
- $73.85
- Final trading day
- Aug 4, 2023
- Market cap at delisting
- $6.42B
- Shares outstanding
- 87.00M
- Final 52-week range
- $51.85 – $82.23
- Avg. volume (final 3 mo.)
- 2,090,612
- All-time high (split-adj.)
- $83.42 · Jun 2022
- All-time low (split-adj.)
- $0.25 · Jun 1986
- Return since IPO
- +11287.8%
- Beta
- 2.48
- Book value / share
- $50.84
- Price / book
- 1.45
PDC Energy annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2022 | $4.30B | $1.8B | $15.76 |
| FY2021 | $2.55B | $522.3M | $8.26 |
| FY2020 | $1.15B | -$724.3M | -$5.79 |
| FY2019 | $1.31B | -$56.7M | $0.82 |
| FY2018 | $1.39B | $2.0M | -$2.97 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About PDC Energy Inc
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. 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.
PDC Energy stock FAQ
What happened to PDC Energy stock?
PDC Energy was acquired by Chevron (CVX) on August 7, 2023. Shareholders received $45.00 in cash and 0.1253 shares of Chevron common stock for each share. PDCE stock stopped trading on the Nasdaq, with a final close of $73.85 on August 4, 2023.
What did PDC Energy shareholders receive?
Each PDCE share was converted into $45.00 in cash and 0.1253 shares of Chevron common stock. The deal was valued at about $6.3 billion.
Is PDCE stock still trading?
No. PDCE was delisted from the Nasdaq on August 7, 2023 and no longer trades on a U.S. exchange. Former PDC Energy shareholders received Chevron (CVX) shares.
What was the last price of PDCE stock?
PDCE closed at $73.85 on its final trading day, August 4, 2023, for a market value of about $6.42B.
What were PDC Energy's revenue and earnings in its last full fiscal year?
PDC Energy reported revenue of $4.30B and net income of $1.8B in fiscal 2022, its last full year as a public company.
When did PDC Energy go public?
PDC Energy Inc stock began trading on March 26, 1990.