Diversified Energy (DEC) to Release Earnings on Monday

Key Points

• Diversified Energy (DEC) is expected to announce its H1 2025 earnings on August 11th, with analysts projecting earnings of $1.32 per share and revenue of $467.53 million.
• The company has declared a quarterly dividend of $0.29 per share, equating to an annualized yield of 8.0%, to be paid on September 30th, with a record date of August 29th.
• Wall Street has shown mixed sentiments with a consensus rating of "Moderate Buy" and an average price target of $20.75, highlighting varying analyst perspectives on the stock's potential.

Diversified Energy (NYSE:DEC - Get Free Report) is projected to announce its H1 2025 earnings results before the market opens on Monday, August 11th. Analysts expect the company to announce earnings of $1.32 per share and revenue of $467.53 million for the quarter.

Diversified Energy Stock Performance

Shares of DEC traded up $0.05 during trading hours on Friday, hitting $14.47. The company had a trading volume of 30,025 shares, compared to its average volume of 444,394. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 3.26. Diversified Energy has a one year low of $10.08 and a one year high of $17.70. The company's fifty day moving average price is $14.62 and its two-hundred day moving average price is $13.97.

Diversified Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 8.0%. The ex-dividend date is Friday, August 29th.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DEC. KeyCorp dropped their target price on Diversified Energy from $21.00 to $17.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Citigroup began coverage on shares of Diversified Energy in a research note on Tuesday, April 29th. They issued a "buy" rating and a $16.00 target price for the company. Mizuho started coverage on shares of Diversified Energy in a research note on Thursday, April 10th. They set an "outperform" rating and a $23.00 price target on the stock. Finally, Wall Street Zen upgraded shares of Diversified Energy from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $20.75.

Hedge Funds Weigh In On Diversified Energy

Several hedge funds and other institutional investors have recently bought and sold shares of DEC. Goldman Sachs Group Inc. boosted its holdings in shares of Diversified Energy by 177.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,187,856 shares of the company's stock valued at $16,060,000 after acquiring an additional 760,428 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in Diversified Energy in the first quarter valued at $646,000. Royal Bank of Canada boosted its holdings in Diversified Energy by 168.8% in the first quarter. Royal Bank of Canada now owns 26,366 shares of the company's stock valued at $356,000 after purchasing an additional 16,556 shares during the last quarter. AQR Capital Management LLC acquired a new stake in Diversified Energy during the 1st quarter worth about $151,000. Finally, Amundi raised its stake in shares of Diversified Energy by 4.1% during the 1st quarter. Amundi now owns 50,406 shares of the company's stock valued at $654,000 after buying an additional 1,995 shares during the last quarter. Institutional investors and hedge funds own 26.51% of the company's stock.

About Diversified 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.