Streetbeat News

DEC

Diversified Energy Company PLC

https://www.div.energy

Industry

Energy

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 & Oil PLC and changed its name to Diversified Energy Company PLC in May 2021. Diversified Energy Company PLC was founded in 2001 and is headquartered in Birmingham, Alabama.

Open

16.12

Mkt cap

806M

Volume

260K

High

16.16

P/E Ratio

5.70

52-wk high

17.10

Low

15.76

Div yield

0.11

52-wk low

10.54

Diversified Energy Company PLC (DEC) held its Q3 2024 earnings call, discussing financial results and company performance. Key participants included company executives and analysts from Truist Securities, Stifel, and First Berlin.

Portfolio Pulse from

November 15, 2024 | 7:00 pm

Diversified Energy Company PLC reported strong Q3 performance with high production levels and expansion into environmentally beneficial initiatives. CEO Rusty Hutson Jr. discussed methane capture projects and potential regulatory impacts from the incoming U.S. administration.

Portfolio Pulse from

November 15, 2024 | 1:45 pm

Diversified Energy Company PLC (DEC) held its Q3 2024 earnings conference call, discussing its financial performance and outlook.

Portfolio Pulse from

November 13, 2024 | 8:00 pm

Diversified Energy Company PLC's third quarter was bolstered by the Crescent Pass acquisition and strong performance from its portfolio, according to Stifel. The company is also finding new ways to extract value from its assets.

Portfolio Pulse from

November 13, 2024 | 4:00 pm

Diversified Energy Company PLC reported strong cash flows in the third quarter, highlighting $85 million in dividend payments, $154 million in debt retirement, and $20 million in share repurchases.

Portfolio Pulse from

November 12, 2024 | 8:30 am

Investors are advised to wait for a better entry point for Diversified Energy Company (DEC) stock due to a downward revision in its Q3 earnings estimate and poor share price performance.

Portfolio Pulse from

November 08, 2024 | 4:30 pm

Wall Street analysts have given a 'Buy' recommendation for Diversified Energy Company PLC (DEC). Such recommendations can influence stock prices, but their actual impact on investment decisions is debatable.

Portfolio Pulse from

November 07, 2024 | 3:45 pm

Truist Securities has maintained its Buy rating on Diversified Energy (NYSE:DEC) but has lowered the price target from $20 to $19.

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Portfolio Pulse from Avi Kapoor

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