Event-Driven Stocks

PDC ENERGY, INC.

Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕

Signs● 6 gooddetails ↓

Financials

SEC XBRL · annual
 FY22FY21FY20FY19FY18FY17
Revenue$4.30B$2.55B$1.15B$1.31B$1.39B$913.1M
Operating income$2.21B$631.6M−$643.5M$11.1M$77.7M−$238.3M
Net income$1.78B$522.3M−$724.3M−$56.7M$2.0M−$127.5M
Total assets$7.98B$5.34B$5.24B$4.45B$4.54B$4.42B
Total liabilities$4.00B$2.43B$2.62B$2.11B$2.02B$1.91B
Equity$3.98B$2.91B$2.62B$2.34B$2.53B$2.51B
EPS (diluted)$18.49$5.22$-7.37$-0.89$0.03$-1.94
Shares out.96.3M99.8M100.1M66.1M66.0M65.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2022
Operating margin
51.4%
Net margin
41.4%
Return on equity
44.6%
Return on assets
22.3%
Return on capital (ROCE)
33.6%
Liabilities / assets
50.1%
Debt / equity
1.00×
Book value / share
$41.34
Revenue growth (YoY)
68.3%
Net income growth (YoY)
240.4%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2022
Altman Z″ (distress)
2.70safe
Accruals / assets
−12.5%clean
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
82
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 6 good
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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