| PDC Energy is an independent exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas, and natural gas liquids with operations in the Wattenberg Field in Colorado and the Delaware Basin in Texas. Co.'s operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and its Delaware Basin operations are primarily focused in the Wolfcamp zones. We show 48 historical shares outstanding datapoints in our PDCE shares outstanding history coverage, used to compute PDCE market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PDCE market cap history over the course of time is important for investors
interested in comparing PDCE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PDCE versus a peer is one thing; comparing
PDCE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PDCE can fluctuate over the course of history.
With this page we aim to empower investors researching PDCE by allowing them to research the PDCE market cap history.