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PDC Energy, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 871.81 million compared to USD 1,138.49 million a year ago. Net income was USD 288.71 million compared to USD 662.38 million a year ago. Basic earnings per share from continuing operations was USD 3.31 compared to USD 6.83 a year ago. Diluted earnings per share from continuing operations was USD 3.28 compared to USD 6.74 a year ago.For the six months, revenue was USD 1,829.48 million compared to USD 1,454.94 million a year ago. Net income was USD 702.84 million compared to USD 630.42 million a year ago. Basic earnings per share from continuing operations was USD 8.01 compared to USD 6.52 a year ago. Diluted earnings per share from continuing operations was USD 7.93 compared to USD 6.42 a year ago.
Period Ending: | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 |
---|---|---|---|---|
Total Revenue | 755.14 | 757.79 | 918.36 | 1106.4 |
Gross Profit | 650.31 | 652.02 | 814.6 | 1004.92 |
Operating Income | 407.78 | 543.24 | 453.21 | 1051.83 |
Net Income | 288.71 | 414.13 | 349.74 | 797.96 |
Period Ending: | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 |
---|---|---|---|---|
Total Assets | 8359.22 | 8259.46 | 7982.76 | 8028.09 |
Total Liabilities | 3936.36 | 4045.09 | 4000.02 | 4046.74 |
Total Equity | 4422.87 | 4214.38 | 3982.74 | 3981.35 |
Period Ending: | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 267.8 | 588.32 | 687.53 | 848.41 |
Cash From Investing Activities | -393.48 | -372.44 | -301.25 | -241.8 |
Cash From Financing Activities | 118.44 | -204.94 | -433.56 | -599.48 |
Net Change in Cash | -7.24 | 10.95 | -47.28 | 7.12 |
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