Diversified Energy (LON:DEC) Trading Down 0.3% - What's Next?

Shares of Diversified Energy Company PLC (LON:DEC - Get Free Report) were down 0.3% during trading on Friday . The stock traded as low as GBX 1,061 ($14.37) and last traded at GBX 1,100.18 ($14.90). Approximately 1,533,851 shares traded hands during trading, an increase of 325% from the average daily volume of 360,533 shares. The stock had previously closed at GBX 1,103 ($14.93).

Diversified Energy Stock Performance

The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 316.76. The company has a market cap of £711.69 million, a PE ratio of 4.62, a PEG ratio of -0.32 and a beta of 0.19. The business's 50 day moving average is GBX 1,006.86 and its two-hundred day moving average is GBX 1,111.26.

Diversified Energy Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, February 27th were given a dividend of $0.29 per share. This represents a dividend yield of 2.29%. The ex-dividend date was Thursday, February 27th. Diversified Energy's dividend payout ratio is currently 37.23%.

Diversified Energy Company Profile

Diversified Energy Company (DEC) is focused on acquiring and enhancing onshore gas and oil producing assets and related midstream properties in the United States. Our primary and historical area of operations are within the prolific Appalachian Basin, with additional operations in the states of Louisiana, Oklahoma and Texas announced with our entry to that region in 2021.