PDC Energy produces, develops, acquires and explores for crude oil, natural gas and NGLs with primary operations in the Wattenberg Field in Colorado and in the Utica Shale in southeastern Ohio. The company was founded in 1969 and is based in Denver, Colorado.
PDCE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Pdc Energy Inc. To summarize, we found that Pdc Energy Inc ranked in the 58th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Pdc Energy Inc ended up being:
Pdc Energy Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 24.39% of US stocks with positive free cash flow.
Pdc Energy Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -7.78. This coverage rate is greater than that of only 9.54% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 13. This value is greater than 69.03% stocks in the Energy sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Pdc Energy Inc? See CEQP, VTOL, IMO, DHT, and EPD.