Diversified Energy (LON:DEC) Trading Down 0.3%

Diversified Energy Company PLC (LON:DEC - Get Free Report)'s share price traded down 0.3% during trading on Thursday . The stock traded as low as GBX 1,088 ($13.54) and last traded at GBX 1,094 ($13.62). 162,817 shares were traded during mid-day trading, a decline of 56% from the average session volume of 371,007 shares. The stock had previously closed at GBX 1,097 ($13.66).

Diversified Energy Trading Down 1.8 %

The company has a 50 day moving average price of GBX 963.28 and a 200 day moving average price of GBX 725.21. The firm has a market cap of £511.01 million, a price-to-earnings ratio of 85.04, a price-to-earnings-growth ratio of -0.32 and a beta of 0.16. The company has a debt-to-equity ratio of 218.54, a quick ratio of 0.37 and a current ratio of 0.48.

Diversified Energy Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 29th were issued a $0.04 dividend. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 4.96%. Diversified Energy's dividend payout ratio is presently 2,169.44%.

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.