Home Sectors Energy Recent Change: PDC Energy (NASDAQ: PDCE)

Recent Change: PDC Energy (NASDAQ: PDCE)

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PDC Energy is part of the energy sector and is part of the oil and gas exploration and production industry. The company CEO is Barton R. Brookman. PDC Energy Inc is a domestic independent exploration and production company that produces, develops, acquires and explores for crude oil, natural gas and NGLs with operations in the Wattenberg Field in Colorado, the Utica Shale in southeastern Ohio.

Previous Intraday Trading Performance:

The PDCE stock showed a previous change of 3.15% with an open at 33.14 and a close of 33.05. It reached an intraday high of 33.78 and a low of 32.66.

SeekingAlpha:  PDC Energy (PDCE) Presents At 4th Annual Wells Fargo Securities West Coast Energy Conference – Slideshow

Liquidity:

The stock has a market cap of $2.2b with 66.3m shares outstanding, of which the float is 64.8m shares. Trading volume reached 896,911 shares compared to its average volume of 1,124,614 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, PDC Energy shares returned 1.91% and in the past 30 trading days it returned -13.23%. Over three months, it changed -14.75%. In one year it has changed -45.26% and within that year its 52-week high was 65.34 and its 52-week low was 26.59. PDCE stock is 24.29% above its 52 Week Low.

Our calculations show a 200 day moving average of 40.01 and a 50 day moving average of 38.31. Currently PDCE stock is trading -17.39% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  PDC Energy (PDCE) Presents At 4th Annual Wells Fargo Securities West Coast Energy Conference – Slideshow

Earnings:

The last annual fiscal EPS for the company was reported at 0.03 that ended on 31st of December 2018, which according to the previous close, that is a PE of 1,101.67. Based on 12 analyst estimates, the consensus EPS for the next quarter is 0.60. The TTM EPS is -1.13. Historically, the PE high was 1,101.67 and the PE low was -29.25. PDCE stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): -1.82
4thQtr of 2018 (Reported on 02/27/2019): 2.71
3rdQtr of 2018 (Reported on 11/05/2018): -0.05
2ndQtr of 2018 (Reported on 08/08/2018): -2.43
1stQtr of 2018 (Reported on 05/02/2018): -0.20

Base on our calculations, the intrinsic value per share is 31.16, which means it may be overvalued by -6.07%.

Indicators to Watch:

The current calculated beta is 1.08.

SeekingAlpha:  RV Shipments: This Recession Predictor Refuses To Take A Month Off

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -4.48%, return on assets is -2.42%, profit margin is -7.62%, price-to-sales is 1.51 and price-to-book is 0.88.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 1  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.