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PDC Energy, Inc. (PDCE)

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PDC Energy, Inc.
1775 Sherman Street
Suite 3000
Denver, CO 80203
United States - Map
Phone: 303-860-5800
Fax: 303-831-3988

Index Membership:N/A
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:412

Business Summary 

PDC Energy, Inc., an independent exploration and production company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the United States. The company’s operations are focused primarily in the Wattenberg Field of Colorado, including the horizontal Niobrara and Codell plays; the Utica Shale in Ohio; and the Marcellus Shale in West Virginia. PDC Energy, Inc. operates in two segments, Oil and Gas Exploration and Production, and Gas Marketing. The Oil and Gas Exploration and Production segment produces and sells natural gas to midstream service providers, marketers, utilities, industrial end-users, and other wholesale purchasers; and crude oil and natural gas liquids. The Gas Marketing segment purchases, aggregates, and resells natural gas; and purchases natural gas produced by third party producers for resale. This segment markets natural gas to third-party marketers and natural gas utilities, as well as to industrial and commercial customers. As of December 31, 2012, it had approximately 266 million barrels of crude oil equivalent of proved reserves; and owned an interest in approximately 3,100 gross wells. The company was formerly known as Petroleum Development Corporation and changed its name to PDC Energy, Inc. in June 2012. PDC Energy, Inc. was founded in 1969 and is headquartered in Denver, Colorado.

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Corporate Governance 
PDC Energy, Inc.’s ISS Governance QuickScore as of Aug 1, 2014 is 3. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 8; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. James M. Trimble , 65
Chief Exec. Officer and Pres
Mr. Gysle R. Shellum CPA, 62
Chief Financial Officer
Mr. Barton R. Brookman Jr., 51
Chief Operating Officer and Exec. VP
Mr. Daniel W. Amidon , 53
Sr. VP, Gen. Counsel and Corp. Sec.
Mr. Lance A. Lauck , 51
Sr. VP of Corp. Devel.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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