PDC Energy, Inc.
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PDC Energy, Inc. - overview
Established
1969
Location
Denver, CO, US
Primary Industry
Oil & Gas
About
PDC Energy, Inc. is a US-based company specializing in the exploration and production of oil and natural gas, focusing on delivering energy solutions that cater to market demands. Founded in 1969 and headquartered in Denver, US, PDC Energy, Inc. engages in the exploration and production of oil and gas.
The company was founded by Dennis Ingram, Jerry Gotora, Platinum Promoter, and William Ingram. PDC Energy transitioned from a private to public company through a Public to Private deal, securing USD 6,300. 00 mn in funding from Chevron Corporation, which represents its total amount raised. PDC Energy, Inc.
offers a range of energy products and services, primarily focusing on the exploration and extraction of crude oil and natural gas. Their core activities include drilling, production, and the sale of petroleum products. The company operates in multiple geographic markets, addressing both industrial and consumer energy needs. In 2022, PDC Energy, Inc.
generated revenue of USD 4,296. 68 mn, with an EBITDA of USD 2,962. 09 mn. Revenue is derived from the extraction and sale of oil and gas, alongside refined products through established contracts with various consumers and industrial clients.
PDC Energy, Inc. plans to leverage the USD 6,300. 00 mn secured from its latest funding round to enhance its exploration and production capabilities. The company is targeting expansion into new markets within North America and aims to diversify its portfolio through the development of renewable energy initiatives.
Upcoming projects are expected to roll out over the next few years, enhancing PDC Energy's operational efficiency and market reach.
Current Investors
Kimmeridge
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.pdce.com
Company Stage
Mature - Growth Capital
Total Amount Raised
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PDC Energy, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private, Trade Sale | Completed | PDC Energy, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Great Western Oil & Gas, LLC | - | ||||||||
| Add-on | Completed | SRC Energy Inc. | - | ||||||||
| PIPE | Completed | PDC Energy, Inc. | - | ||||||||
| Unspecified Exit | Completed | PDC Energy, Inc. | - |
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