Diversified Energy Company PLC (DEC)

NYSE: DEC · IEX Real-Time Price · USD
14.13
+0.60 (4.43%)
Jul 2, 2024, 4:00 PM EDT - Market closed
4.43%
Market Cap 668.47M
Revenue (ttm) 868.26M
Net Income (ttm) 758.02M
Shares Out 47.31M
EPS (ttm) 15.95
PE Ratio 0.89
Forward PE 10.16
Dividend $1.16 (8.21%)
Ex-Dividend Date Aug 30, 2024
Volume 551,001
Open 13.51
Previous Close 13.53
Day's Range 13.42 - 14.13
52-Week Range 10.54 - 17.10
Beta 0.16
Analysts Strong Buy
Price Target 18.00 (+27.39%)
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 one analyst, the rating for DEC stock is "Strong Buy" and the 12-month stock price forecast is $18.0.

Price Target
$18.0
(27.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

7 days 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 ...

22 days 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...

25 days 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...

4 weeks ago - Accesswire

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...

7 weeks 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 weeks 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...

3 months ago - Accesswire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Diversified Energy Co PLC and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Diversified Ener...

3 months ago - Accesswire

Final Year-End 2023 Results, Accretive Acquisition, and Capital Allocation Update

De-Leverages Balance Sheet, Provides Flexibility, and Positions for Growth BIRMINGHAM, AL / ACCESSWIRE / March 19, 2024 / Diversified Energy Company PLC (LSE:DEC);(NYSE:DEC) ("Diversified," "DEC," or ...

3 months ago - Accesswire

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Diversified Energy Co PLC and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Diversified En...

5 months ago - Accesswire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Diversified Energy Co PLC and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Diversified En...

6 months ago - Accesswire

Diversified Closes Value Enhancing Asset Sale

BIRMINGHAM, AL / ACCESSWIRE / January 2, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) is pleased to announce that it has closed an innovative transaction (the "Transaction") that has allo...

6 months ago - Accesswire

Wolf Haldenstein Adler Freeman & Herz LLP is Investigating Potential Securities Fraud Claims Against Diversified Energy Company PLC

NEW YORK , Dec. 31, 2023 /PRNewswire/ --  Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that is investigating clai...

6 months ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Diversified Energy Co PLC and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 28, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Diversified E...

6 months ago - Accesswire