Diversified Energy Company PLC (DEC)

NYSE: DEC · Real-Time Price · USD
16.11
+0.26 (1.64%)
At close: Nov 20, 2024, 4:00 PM
16.05
-0.06 (-0.37%)
Pre-market: Nov 21, 2024, 5:10 AM EST
1.64%
Market Cap 812.28M
Revenue (ttm) 699.47M
Net Income (ttm) 143.09M
Shares Out 51.30M
EPS (ttm) 3.00
PE Ratio 5.38
Forward PE 8.66
Dividend $1.16 (7.20%)
Ex-Dividend Date Nov 29, 2024
Volume 369,002
Open 15.80
Previous Close 15.85
Day's Range 15.73 - 16.16
52-Week Range 10.54 - 17.10
Beta 0.19
Analysts Strong Buy
Price Target 19.50 (+21.04%)
Earnings Date n/a

About DEC

Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates. Its assets consist of natural gas wells and gathering systems located in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana. The company was formerly known as Diversified Gas & Oi... [Read more]

Sector Energy
Founded 2001
Employees 1,603
Stock Exchange NYSE
Ticker Symbol DEC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for DEC stock is "Strong Buy." The 12-month stock price forecast is $19.5, which is an increase of 21.04% from the latest price.

Price Target
$19.5
(21.04% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Diversified Announces Upcoming Investor Engagement

BIRMINGHAM, AL / ACCESSWIRE / November 19, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces members of its management team, including Rusty Hutson (...

1 day ago - Accesswire

Diversified Energy Company PLC (DEC) Q3 2024 Earnings Call Transcript

Diversified Energy Company PLC (OTCQX:DEC) Q3 2024 Results Conference Call November 12, 2024 8:00 AM ET Company Participants Douglas Kris - VP, IR Rusty Hutson - CEO Brad Gray - President & CFO Confer...

5 days ago - Seeking Alpha

Diversified Energy Company PLC (DEC) Q3 2024 Earnings Conference Call Transcript

Diversified Energy Company PLC (OTCQX:DEC) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Douglas Kris - VP, IR Rusty Hutson - CEO Brad Gray - President & CFO Confe...

7 days ago - Seeking Alpha

Diversified Energy Reports Strong Third Quarter 2024 Results

Continued Focus on Debt Repayments & Additional Undeveloped Land Sales Expanding Value Creation with Revenue from Coal Mine Methane Environmental Credits BIRMINGHAM, AL / ACCESSWIRE / November 12, 202...

8 days ago - Accesswire

Diversified Energy Announces Third Quarter Dividend

BIRMINGHAM, AL / ACCESSWIRE / November 12, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or "the Company") is pleased to announce that the Board has declared an interim divi...

8 days ago - Accesswire

Diversified Energy Announces Timing of Third Quarter 2024 Results

BIRMINGHAM, AL / ACCESSWIRE / October 31, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce that the Company plans to publish its Tradin...

20 days ago - Accesswire

Diversified Energy Closes Acquisition of East Texas Assets

BIRMINGHAM, AL / ACCESSWIRE / October 30, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces the closing of its previously announced acquisition of op...

21 days ago - Accesswire

Diversified Announces Natural Gas Supply Contract with Major Gulf Coast LNG Facility

Represents an Additional Option to Reduce Commodity Price Risk and Enhance Margins Continuing to Add to 2025-2027 Natural Gas Hedges Advantageously BIRMINGHAM, AL / ACCESSWIRE / October 23, 2024 / Div...

4 weeks ago - Accesswire

Diversified Energy: 9.6% Yield And Strong Fundamentals Make A Sound Tactical Investment

Diversified Energy Company focuses on acquiring low-decline, cash-flowing wells, avoiding exploration risks and CapEx-intensive developments, making it an attractive cash flow machine. Over the past ~...

5 weeks ago - Seeking Alpha

Diversified Energy Announces Joint Acquisition to Acquire Package of High-Quality East Texas Assets

Represents Second East Texas Bolt-On Addition of PDP Production in 2024 and Further Increases Scale in Central Region Joint Acquisition Partner to Directly Purchase Undeveloped Acreage BIRMINGHAM, AL ...

3 months ago - Accesswire

Diversified Energy Completes Crescent Pass Acquisition

BIRMINGHAM, AL / ACCESSWIRE / August 16, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces the closing of its acquisition of the of high-working inte...

3 months ago - Accesswire

Diversified Energy Company PLC (DEC) Q2 2024 Earnings Call Transcript

Diversified Energy Company PLC. (OTCQX:DEC) Q2 2024 Earnings Conference Call August 15, 2024 9:00 AM ET Company Participants Douglas Kris - VP, IR Rusty Hutson - CEO Brad Gray - President & CFO Confer...

3 months ago - Seeking Alpha

Diversified Energy Announces Second Quarter Dividend

BIRMINGHAM, AL / ACCESSWIRE / August 15, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or "the Company") is pleased to announce that the Board has declared an interim divide...

3 months ago - Accesswire

Diversified Energy Announces Timing of 2024 Interim (First Half) Results

BIRMINGHAM, AL / ACCESSWIRE / August 7, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce that the Company plans to publish its Interim ...

3 months ago - Accesswire

Why I Ultimately Decided Against Investing In Diversified Energy Company

Diversified Energy has a unique business model focused on acquiring and optimizing older natural gas wells with potential for growth if commodity prices rise. The company has the most natural gas well...

4 months ago - Seeking Alpha

Diversified to Acquire Complementary, High-Quality, Low-Decline Producing Assets

Accretive Acquisition of Contiguous Operating Position BIRMINGHAM, AL / ACCESSWIRE / July 10, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to a...

4 months ago - Accesswire

This Stock Is Among The Best Ways To Play Natural Gas

Earlier this month, Diversified Energy Company PLC DEC completed the acquisition of certain assets of Oaktree Capital Management.

5 months ago - Benzinga

Diversified Energy Acquires Accretive Assets Worth $377M

Diversified Energy Company plc has completed the acquisition of a proportionate working interest in certain assets from Oaktree Capital Management. The assets are located within the company's Central ...

5 months ago - Benzinga

Diversified Energy Announces Completion of Acquisition & Credit Facility Upsize

BIRMINGHAM, AL / ACCESSWIRE / June 7, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company) announces the closing of its acquisition of the proportionate working in...

5 months ago - Accesswire

Diversified Energy Closes Market Leading Securitized Financing

Solidifies Standing as the First, Largest and Consistent Performing Issuer of PDP Oil & Gas Securitizations BIRMINGHAM, AL / ACCESSWIRE / June 3, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:D...

6 months ago - Accesswire

Diversified Energy Company: Cheap Assets, Solid Dividend

Diversified Energy Company stock has been undervalued due to pessimism, despite consistent cash flow and strong adjusted EBITDA. The company owns wells in the Appalachian Basin and focuses on acquirin...

6 months ago - Seeking Alpha

Diversified Energy Announces Upcoming Investor Engagement

BIRMINGHAM, AL / ACCESSWIRE / May 14, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces plans for members of its management team to participate in th...

6 months ago - Accesswire

Diversified Energy Reports Solid First Quarter and Benefits from Expansion of NGL Processing Capabilities

Year-Over-Year Absolute Debt Reduction and Expense Improvements Black Bear Facility Strengthens the Company's Midstream Value Chain and Integrates Complementary Long-life Infrastructure Assets BIRMING...

7 months ago - Accesswire

Diversified Energy Highlights Achievements, Commitments, and Measurable Impact in 2023 Sustainability Report

Methane intensity falls by 33% as Company achieves 2026 & 2030 targets Responsibly retired over 400 wells, including state-owned orphan wells Activities contributed $1 Billion to state GDPs and suppor...

8 months ago - Accesswire

Diversified Energy Company PLC (DEC) Q4 2023 Earnings Call Transcript

Diversified Energy Company PLC (DEC) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha