PDC Energy, Inc. (PDCE) financial statements (2021 and earlier)
Company profile
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019
| 12/31/2018
| 12/31/2017
| 12/31/2016
| 12/31/2015
| 12/31/2014
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | 1 | 1 | 181 | 244 | 1 | 16 |
|
Cash and cash equivalents | 1 | 1 | 181 | 244 | 1 | 16 |
|
Receivables | 266 | 181 | 198 | 143 | 104 | 131 |
|
Inventory, net of allowances, customer advances and progress billings | | | | | 1 | 1 |
|
Inventory | | | | | 1 | 1 |
|
Derivative instruments and hedges, assets | 28 | 84 | 14 | 9 | 222 | 187 |
|
Assets held-for-sale, not part of disposal group | | | | | 3 | ✕ |
|
Other undisclosed current assets | 9 | 7 | 9 | 4 | 2 | 5 |
|
Total current assets: | 304 | 274 | 401 | 400 | 332 | 341 |
|
Noncurrent Assets |
|
Property, plant and equipment | | | | | | 1,800 |
|
Oil and gas property, successful effort method | 4,095 | 4,003 | 3,933 | 4,008 | 1,938 | 1,800 |
|
Long-term investments and receivables | | | | | | 40 |
|
Accounts and financing receivable, after allowance for credit loss | | | | | | 40 |
|
Intangible assets, net (including goodwill) | | | | 62 | | |
|
Goodwill | | | | 62 | | |
|
Derivative instruments and hedges | 4 | 94 | | 2 | 44 | 113 |
|
Disposal group, including discontinued operation, noncurrent assets | | | | | | 3 |
|
Other noncurrent assets | 46 | 32 | 45 | 13 | 54 | 84 |
|
Other undisclosed noncurrent assets | | 141 | 40 | | 3 | (1,840) |
|
Total noncurrent assets: | 4,145 | 4,270 | 4,019 | 4,086 | 2,038 | 2,000 |
|
TOTAL ASSETS: | 4,449 | 4,544 | 4,420 | 4,486 | 2,371 | 2,341 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | 205 | 271 | 227 | 143 | 130 | 202 |
|
Accounts payable | 99 | 182 | 150 | 66 | 93 | 130 |
|
Accrued liabilities | 70 | 75 | 43 | 39 | 29 | 63 |
|
Employee-related liabilities | 22 | | 22 | 22 | | |
|
Interest and dividends payable | 14 | 14 | 12 | 16 | 9 | 9 |
|
Debt | 6 | 2 | 2 | 1 | 113 | |
|
Deferred compensation liability | | | | | 0 | 0 |
|
Derivative instruments and hedges, liabilities | 3 | 3 | 79 | 54 | 2 | 1 |
|
Accrued environmental loss contingencies | 2 | | 1 | 3 | 4 | 1 |
|
Asset retirement obligation | 32 | | 16 | 10 | (5) | (2) |
|
Deferred tax liabilities | ✕ | | | | | 59 |
|
Other undisclosed current liabilities | 113 | 165 | 92 | 60 | 57 | 49 |
|
Total current liabilities: | 361 | 441 | 418 | 271 | 301 | 310 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation | 1,177 | 1,195 | 1,152 | 1,044 | 529 | 665 |
|
Long-term debt, excluding current maturities | 1,177 | 1,195 | 1,152 | 1,044 | 529 | 665 |
|
Liabilities, other than long-term debt | 379 | 377 | 343 | 549 | 253 | 229 |
|
Asset retirement obligations | 95 | 85 | 71 | 83 | 84 | 72 |
|
Deferred tax liabilities, net | ✕ | 198 | 192 | 401 | 143 | 126 |
|
Liability, pension and other postretirement and postemployment benefits | | | | | | 1 |
|
Other liabilities | 283 | 93 | 57 | 37 | 24 | 30 |
|
Derivative instruments and hedges, liabilities | 1 | 1 | 22 | 28 | 1 | 0 |
|
Other undisclosed noncurrent liabilities | 196 | 4 | | | | (1) |
|
Total noncurrent liabilities: | 1,752 | 1,576 | 1,495 | 1,593 | 782 | 893 |
|
Total liabilities: | 2,113 | 2,017 | 1,912 | 1,863 | 1,083 | 1,203 |
|
Stockholders' equity |
|
Stockholders' equity attributable to parent | 2,336 | 2,527 | 2,508 | 2,623 | 1,287 | 1,137 |
|
Common stock | 1 | 1 | 1 | 1 | 0 | 0 |
|
Treasury stock, value | (1) | (2) | (3) | (2) | (1) | (1) |
|
Additional paid in capital | 2,384 | 2,519 | 2,503 | 2,490 | 907 | 689 |
|
Retained earnings (accumulated deficit) | (48) | 9 | 7 | 134 | 380 | 449 |
|
Total stockholders' equity: | 2,336 | 2,527 | 2,508 | 2,623 | 1,287 | 1,137 |
|
TOTAL LIABILITIES AND EQUITY: | 4,449 | 4,544 | 4,420 | 4,486 | 2,371 | 2,341 |
Income statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.