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NYSE:DEC

Diversified Energy (DEC) Stock Price, News & Analysis

Diversified Energy logo
$12.01
-0.05 (-0.41%)
(As of 10/31/2024 ET)

About Diversified Energy Stock (NYSE:DEC)

Key Stats

Today's Range
$11.98
$12.26
50-Day Range
$10.91
$12.83
52-Week Range
$10.54
$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

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.

Diversified Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
42nd Percentile Overall Score

DEC 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.

  • 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.

  • Read more about Diversified Energy's stock forecast and price target.
  • 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.

  • 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 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.

  • Read more about Diversified Energy's dividend.
  • 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 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.
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DEC Stock Analysis - Frequently Asked Questions

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
.

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%).

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.

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

Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
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

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$749.63 million
Cash Flow
$6.25 per share
Book Value
$12.41 per share

Miscellaneous

Free Float
N/A
Market Cap
$581.58 million
Optionable
N/A
Beta
N/A
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This page (NYSE:DEC) was last updated on 10/31/2024 by MarketBeat.com Staff
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