COVID Stimulus Watch Individual Entry

Note: this award was refunded

Individual Award Data

Recipient Company:  PDC Energy, Inc.
Parent Company:  PDC Energy
Award Date:  May 8, 2020
Award Type:  loan
Loan or Loan Guarantee Amount:  $10,000,000
Awarding Agency:  Small Business Administration
Program Name:  Paycheck Protection Program
Award Details: 

The company later said it would return the money: https://www.sec.gov/ix?doc=/Archives/edgar/data/77877/000007787720000018...


Parent Company Data

Ownership Structure:  publicly traded (ticker symbol PDCE)
Headquartered in:  Colorado
Parent Sector:  oil and gas
Parent Industry:  petroleum exploration and production
Employees (prior to pandemic):  540

Parent Accountability Issues Since 2010

Environmental / Healthcare / Safety Penalties:  $22,816,787
Ratio of CEO Pay to that of Median Worker:  56 to 1
CEO Compensation:  $7,751,080
Worker Median Pay:  $137,371