PDC Energy, Inc. (PDCE) - Oil & Gas - Deals and Alliances Profile

 Published On: Aug, 2016 |    No of Pages: 75 |  Published By: GlobalData | Format: PDF
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Summary

PDC Energy, Inc. (PDC Energy) is an oil and natural gas company that offers production, development, exploration and marketing of crude oil, natural gas and natural gas liquids. The company also offers horizontal drilling and low-risk organic development of oil and natural gas reserves from shales and tight reservoir rocks. It operates in Colorado within the liquid-rich Wattenberg Field and the Appalachian basin including liquid-rich Utica Shale play in Ohio and the Marcellus Shale in West Virginia. PDC Energy is headquartered in Denver, Colorado, the US.

PDC Energy, Inc. (PDCE) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
PDC Energy, Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
PDC Energy, Inc., Oil & Gas Deals By Type, 2010 to YTD 2016 7
PDC Energy, Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
PDC Energy, Inc., Oil & Gas, Deals By Sector, 2010 to YTD 2016 9
PDC Energy, Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 10
PDC Energy, Inc., Oil & Gas, Deal Details 12
Asset Purchase 12
PDC Energy To Acquire Approximately 13,500 Net Acres In Wattenberg Field, Colorado From Noble Energy, In Swap Transaction 12
PDC Energy Acquires 13,000 Net Acres In Utica Shale Play, Ohio For US$35 Million 13
PDC Energy Completes Acquisition Of Wattenberg Field Assets In Colorado From Merit Energy For Up To US$327 Million 14
PDC Energy To Acquire 30,000 Net Acres In Utica Shale Play In Ohio For US$50 Million 16
PDC Energy Acquires Producing Assets & Undeveloped Acreage In West Texas 17
PDC Energy Acquires Certain Oil And Gas Assets From Merit Energy 18
Petroleum Development Acquires Producing Assets In West Texas 19
Petroleum Development Acquires An Addtional 5,500 Net Acres In Wattenberg Niobrara 20
Equity Offering 21
PDC Energy Completes Public Offering Of Shares For US$302 Million 21
PDC Energy Completes Public Offering Of Common Shares For US$206 Million 23
PDC Energy Completes Public Offering Of Shares For US$279.5 Million 25
PDC Energy Completes Public Offering Of Common Stock For US$172.3 Million 27
PDC Energy Completes Public Offering Of US$132.48 Million 29
Debt Offering 31
PDC Energy Completes Private Placement Of 7.75% Notes Due 2022 For US$500 Million 31
PDC Energy Completes Private Placement Of Convertible Senior Notes For US$115 Million 32
Asset Transactions 33
Noble Energy To Acquire Approximately 11,700 Net Acres In Wattenberg Field, Colorado From PDC Energy, In Swap Transaction 33
Caerus Oil and Gas Completes Acquisition Of Oil And Gas Assets In Colorado And Kansas From PDC Energy For US$200 Million 34
Miller Energy Resources Acquires Oil And Gas Assets In Tennessee From PDC Energy 36
PDC Energy Plans To Sell Oil And Gas Assets In Colorado 37
Concho Resources Completes Acquisition Of Oil And Gas Properties In Texas From Petroleum Development For US$184 Million 38
Petroleum Development Plans To Sell Certain Oil And Gas Assets In Colorado 40
Acquisition 41
Mountaineer Keystone Completes Acquisition Of 50% Interest In PDC Mountaineer From PDC Energy For US$250 Million 41
PDC Energy Completes Acquisition Of Five Additional Partnerships For US$29.5 Million 43
PDC Energy Acquires 2005 Partnerships For US$43.3 Million 44
PDC Energy Acquires 2004 Partnerships For US$36.5 Million 45
PDC Energy, Inc. - Key Competitors 46
Key Employees 47
Locations And Subsidiaries 49
Head Office 49
Other Locations & Subsidiaries 49
Recent Developments 50
Financial Announcements 50
Aug 09, 2016: PDC Energy Reports 2016 Second Quarter Financial And Operating Results Including 54% Production Increase 50
May 06, 2016: PDC Energy Reports 2016 First Quarter Financial And Operating Results; Production Increase Of 58% To 4.6 Million Barrels Of Oil Equivalent 53
Feb 22, 2016: PDC Energy Announces 2015 Year-end And Fourth Quarter Operating And Financial Results; Well Cost Savings Reduce 2016 Capital Forecast To $420 To $450 Million 55
Nov 05, 2015: PDC Energy Reports 2015 Third Quarter Financial And Operating Results And Production Increase Of 84% To 4.3 Million Barrels Of Oil Equivalent 58
Aug 10, 2015: PDC Energy Reports 2015 Second Quarter Operating And Financial Results And Updates 2015 Guidance; Increases 2015 Production Range To 14.7 To 15.0 Million Barrels Of Oil Equivalent 60
May 07, 2015: PDC Energy Reports 2015 First Quarter Operating And Financial Results; Production Increased 41% To 2.9 Million Barrels Of Oil Equivalent 63
Feb 19, 2015: PDC Energy Announces 2014 Year-End And Fourth Quarter Results, Reduces 2015 Capital Program to $473 Million And Maintains 50% Production Growth Guidance 65
Other Significant Developments 68
May 16, 2016: PDC Energy's Borrowing Base On Revolving Credit Facility Re-Affirmed At $700 Million; 3.25% Convertible Senior Notes Settled Today 68
Jan 20, 2016: PDC Energy Announces Year-End 2015 Proved Reserves Of Approximately 273 MMBoe And Full-Year 2015 Production Increase Of 65% To 15.4 MMBoe 69
Dec 07, 2015: PDC Energy Announces 2016 Capital Budget Of $450 To $500 Million; Anticipates 35% To 40% Annual Production Growth With Projected Year-End 2016 Debt To EBITDA Of Approximately 1.4x 70
Oct 26, 2015: PDC Energy Announces CFO Gysle Shellum To Retire In 2016 72
Oct 01, 2015: PDC Energy Extends Maturity Of Its Revolving Credit Facility To 2020 With Re-Affirmed Borrowing Base Of $700 Million 73
Jan 29, 2015: PDC Energy Announces Year-End 2014 Proved Reserves Of 250 MMBoe; Meets 2014 Production Guidance With 9.3 MMBoe From Continuing Operations 74
Appendix 75
Methodology 75
About GlobalData 75
Contact Us 75
Disclaimer 75

List of Tables
PDC Energy, Inc., Oil & Gas, Key Facts, 2015 1
PDC Energy, Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 1
PDC Energy, Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
PDC Energy, Inc., Oil & Gas Deals By Type, 2010 to YTD 2016 7
PDC Energy, Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
PDC Energy, Inc., Deals By Sector, 2010 to YTD 2016 9
PDC Energy, Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 10
PDC Energy To Acquire Approximately 13,500 Net Acres In Wattenberg Field, Colorado From Noble Energy, In Swap Transaction 12
PDC Energy Acquires 13,000 Net Acres In Utica Shale Play, Ohio For US$35 Million 13
PDC Energy Completes Acquisition Of Wattenberg Field Assets In Colorado From Merit Energy For Up To US$327 Million 14
PDC Energy To Acquire 30,000 Net Acres In Utica Shale Play In Ohio For US$50 Million 16
PDC Energy Acquires Producing Assets & Undeveloped Acreage In West Texas 17
PDC Energy Acquires Certain Oil And Gas Assets From Merit Energy 18
Petroleum Development Acquires Producing Assets In West Texas 19
Petroleum Development Acquires An Addtional 5,500 Net Acres In Wattenberg Niobrara 20
PDC Energy Completes Public Offering Of Shares For US$302 Million 21
PDC Energy Completes Public Offering Of Common Shares For US$206 Million 23
PDC Energy Completes Public Offering Of Shares For US$279.5 Million 25
PDC Energy Completes Public Offering Of Common Stock For US$172.3 Million 27
PDC Energy Completes Public Offering Of US$132.48 Million 29
PDC Energy Completes Private Placement Of 7.75% Notes Due 2022 For US$500 Million 31
PDC Energy Completes Private Placement Of Convertible Senior Notes For US$115 Million 32
Noble Energy To Acquire Approximately 11,700 Net Acres In Wattenberg Field, Colorado From PDC Energy, In Swap Transaction 33
Caerus Oil and Gas Completes Acquisition Of Oil And Gas Assets In Colorado And Kansas From PDC Energy For US$200 Million 34
Miller Energy Resources Acquires Oil And Gas Assets In Tennessee From PDC Energy 36
PDC Energy Plans To Sell Oil And Gas Assets In Colorado 37
Concho Resources Completes Acquisition Of Oil And Gas Properties In Texas From Petroleum Development For US$184 Million 38
Petroleum Development Plans To Sell Certain Oil And Gas Assets In Colorado 40
Mountaineer Keystone Completes Acquisition Of 50% Interest In PDC Mountaineer From PDC Energy For US$250 Million 41
PDC Energy Completes Acquisition Of Five Additional Partnerships For US$29.5 Million 43
PDC Energy Acquires 2005 Partnerships For US$43.3 Million 44
PDC Energy Acquires 2004 Partnerships For US$36.5 Million 45
PDC Energy, Inc., Key Competitors 46
PDC Energy, Inc., Key Employees 47
PDC Energy, Inc., Subsidiaries 49

List of Figures
PDC Energy, Inc., Oil & Gas, Deals by Type, 2010 to YTD 2016 1
PDC Energy, Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 1
PDC Energy, Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 1
PDC Energy, Inc., Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
PDC Energy, Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
PDC Energy, Inc., Oil & Gas, Deals by Type, 2010 to YTD 2016 7
PDC Energy, Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
PDC Energy, Inc., Oil & Gas, Deals by Sector, 2010 to YTD 2016 9


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