PDC Energy, Inc.

We efficiently and safely produce energy, while respecting the environment, in order to power and better people’s lives.

General Information
Company Name
PDC Energy, Inc.
Founded Year
1969
Location (Offices)
Denver, United States +1
Founders / Decision Makers
Number of Employees
322
Industries
Energy, Energy Efficiency, Oil and Gas
Funding Stage
-
Social Media

PDC Energy, Inc. - Company Profile

PDC Energy, Inc. is an independent exploration and production company with the slogan "We efficiently and safely produce energy, while respecting the environment, in order to power and better people’s lives." Founded in 1969, the company focuses on responsible development of natural resources in prolific oil and gas regions in the United States, specifically in the core of the Wattenberg Field in Colorado and the Delaware Basin in West Texas. PDC Energy applies its multi-disciplinary technical expertise to the development of unconventional oil and gas resources to generate positive results in a responsible manner. The company is committed to serving the interests of all stakeholders by being a good steward of the resources it operates and delivering attractive returns to investors. PDC Energy’s long-term growth strategy is to generate stockholder value through the acquisition, exploration, and development of crude oil and natural gas assets capable of delivering strong returns with a focus on generating sustainable free cash flow. Maintaining a conservative and disciplined financial strategy, which includes a strong balance sheet and solid debt metrics, abundant liquidity, and a robust hedging program, is critical to the company's success. Additionally, PDC Energy constantly pursues various midstream, marketing, and cost reduction initiatives designed to increase per unit operating margins. Overall, PDC Energy, Inc. stands as a promising player in the energy sector, with a strong focus on responsible and efficient energy production while prioritizing environmental sustainability.

Taxonomy: energy production, environmental responsibility, oil and gas exploration, Wattenberg Field, Delaware Basin, technical expertise, unconventional resources, stakeholder commitment, investor returns, long-term growth strategy, crude oil assets, natural gas assets, financial discipline, hedging program, operational efficiency

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