Diversified Energy (DEC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $11.98 to $12.26
• 50-Day Range: $10.91 to $12.83
• 52-Week Range: $10.54 to $18.69
• Volume: 193,369 shs
• Average Volume: 263,554 shs
• Market Capitalization: $579.17 million
• P/E Ratio: N/A
• Dividend Yield: 6.74%
• Price Target: $18.50
• Consensus Rating: Buy

Diversified Energy Stock Analysis - MarketRank™

Diversified Energy scored higher than 42% of companies evaluated by MarketBeat, and ranked 200th out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Diversified Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Diversified Energy has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -46.20%

Earnings Growth

Earnings for Diversified Energy are expected to decrease by -46.20% in the coming year, from $1.71 to $0.92 per share.

Price to Book Value per Share Ratio

Diversified Energy has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.66% of the float of Diversified Energy has been sold short.

Short Interest Ratio / Days to Cover

Diversified Energy has a short interest ratio ("days to cover") of 9.3.

Change versus previous month

Short interest in Diversified Energy has recently increased by 0.40%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Diversified Energy is a leading dividend payer. It pays a dividend yield of 6.88%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Diversified Energy does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Diversified Energy will have a dividend payout ratio of 88.04% in the coming year. This indicates that Diversified Energy may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.66% of the float of Diversified Energy has been sold short.

Short Interest Ratio / Days to Cover

Diversified Energy has a short interest ratio ("days to cover") of 9.3.

Change versus previous month

Short interest in Diversified Energy has recently increased by 0.40%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Diversified Energy has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.

Search Interest

Only 14 people have searched for DEC on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Diversified Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -69% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Diversified Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 26.51% of the stock of Diversified Energy is held by institutions.

DEC Stock Analysis - Frequently Asked Questions

How have DEC shares performed this year?

Diversified Energy's stock was trading at $15.00 on January 1st, 2024. Since then, DEC stock has decreased by 19.9% and is now trading at $12.01.
View the best growth stocks for 2024 here.

Who are Diversified Energy's major shareholders?

Top institutional shareholders of Diversified Energy include M&G PLC (3.74%), Mraz Amerine & Associates Inc. (0.24%), Creative Planning (0.06%) and SG Americas Securities LLC (0.03%).

How do I buy shares of Diversified Energy?

Shares of DEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Diversified Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Diversified Energy investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Vertiv (VRT) and Chevron (CVX).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/30/2024
• Dividend Payable: 9/27/2024
• Today: 10/31/2024
• Ex-Dividend for 12/27 Dividend: 11/29/2024
• Dividend Payable: 12/27/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:DEC
• Previous Symbol: NYSE:DEC
• CUSIP: N/A
• CIK: 1922446
• Web: www.div.energy
• Phone: 205-408-0909
• Fax: N/A
• Employees: 1,214
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.50
• High Stock Price Target: $19.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +53.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 2.69
• Current Ratio: 0.44
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $749.63 million
• Price / Sales: 0.78
• Cash Flow: $6.25 per share
• Price / Cash Flow: 1.93
• Book Value: $12.41 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 48,224,000
• Free Float: N/A
• Market Cap: $581.58 million
• Optionable: N/A
• Beta: N/A