Diversified Energy Company PLC (DEC)

US — Energy Sector
Peers: NVGS  TTI  HNRG  RES  WBI  KOS  NPKI  NESR  HPK  HLX 

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Key Metrics & Ratings

  • symbol DEC
  • Rev/Share 17.2107
  • Book/Share 10.5734
  • PB 1.2589
  • Debt/Equity 3.8546
  • CurrentRatio 0.5374
  • ROIC 0.0143

 

  • MktCap 1019781303.0
  • FreeCF/Share 6.6132
  • PFCF 2.2406
  • PE -6.5419
  • Debt/Assets 0.4875
  • DivYield 0.0885
  • ROE -0.2358

 

  • Rating C-
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 3
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation DEC Citigroup -- Buy -- $16 April 29, 2025
Initiation DEC Mizuho -- Outperform -- -- April 10, 2025
Initiation DEC KeyBanc Capital Markets -- Overweight -- $18 Aug. 28, 2024

News

Diversified Energy Company PLC (DEC) Q4 2024 Earnings Call Transcript
DEC
Published: March 17, 2025 by: Seeking Alpha
Sentiment: Neutral

Diversified Energy Company PLC (OTCQX:DEC) Q4 2024 Earnings Conference Call March 17, 2025 8:30 AM ET Company Participants Douglas Kris - VP, IR and Corporate Communications Rusty Hutson - Founder and CEO Brad Gray - President and CFO Conference Call Participants Bert Donnes - Truist Securities Tim Rezvan - KeyBanc Capital Markets Tim Hurst-Brown - Tennyson Securities Sam Wahab - Peel Hunt Simon Scholes - First Berlin Operator Greetings. Welcome to Diversified Energy's 2024 Final Results.

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image for news Diversified Energy Company PLC (DEC) Q4 2024 Earnings Call Transcript
Diversified Energy Completes Maverick Acquisition
DEC
Published: March 14, 2025 by: GlobeNewsWire
Sentiment: Neutral

BIRMINGHAM, Ala., March 14, 2025 (GLOBE NEWSWIRE) -- Further to the announcements on January 27, 2025 and February 20, 2025, Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) (“Diversified” or the “Company”), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the completion of its previously announced acquisition of Maverick Natural Resources (the “Acquisition”).

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image for news Diversified Energy Completes Maverick Acquisition
Result of General Meeting and Acquisition Update
DEC
Published: March 10, 2025 by: GlobeNewsWire
Sentiment: Neutral

BIRMINGHAM, Ala., March 10, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) is pleased to announce that the resolution put to shareholders at the Company's General Meeting held earlier today was duly passed.

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image for news Result of General Meeting and Acquisition Update
The dip in Diversified Energy Company price is a “compelling opportunity” - broker
DEC
Published: March 07, 2025 by: Proactive Investors
Sentiment: Positive

The recent dip in value for Diversified Energy Company PLC (LSE:DEC, NYSE:DEC), coinciding with it latest acquisition, presents a buying opportunity – that's according to Peel Hunt analyst Sam Wahab. In London, the DEC share price is down by about a third in the past month and it is ending the week at 911p – which compares to Peel Hunt's target price of 3,000p.

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image for news The dip in Diversified Energy Company price is a “compelling opportunity” - broker
Diversified Energy Company seals asset acquisition from Summit
DEC
Published: February 28, 2025 by: Proactive Investors
Sentiment: Positive

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has completed its acquisition of natural gas assets and pipelines from Summit Natural Resources, for $42 million. The assets - in Virginia, West Virginia, and Alabama - include around 2,000 barrels of production plus around 11 million barrels of reserves.

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image for news Diversified Energy Company seals asset acquisition from Summit
Diversified Energy Company to raise $123.3m from share offering towards Maverick deal
DEC
Published: February 20, 2025 by: Proactive Investors
Sentiment: Neutral

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) said it aims to raise roughly $123.3 million with shares priced at $14.50 apiece for US investors to help pay for its planned acquisition of Maverick Natural Resources. Having flagged the underwritten public offering of 8.5 million ordinary shares on Wednesday, the energy company confirmed pricing on Thursday and said the fundraising is expected to settle on Friday.

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image for news Diversified Energy Company to raise $123.3m from share offering towards Maverick deal
Diversified Energy Announces Pricing of Offering of Ordinary Shares
DEC
Published: February 19, 2025 by: GlobeNewsWire
Sentiment: Neutral

BIRMINGHAM, Ala., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) (“Diversified” or the "Company"), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the pricing of its previously announced underwritten public offering (the “Offering”) of 8,500,000 ordinary shares (the “Shares”) at a public offering price of $14.50 per Share for total gross proceeds of approximately $123.3 million. The Offering is expected to settle on February 21, 2025, subject to customary closing conditions. In addition, Diversified has granted the underwriters a 30-day option to purchase up …

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image for news Diversified Energy Announces Pricing of Offering of Ordinary Shares
Diversified Energy Company confirms it saw durable production and cash flow in 2024
DEC
Published: February 11, 2025 by: Proactive Investors
Sentiment: Positive

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) gave its trading update on what it described as a "solid” 2024, ahead of reporting financial results in March. The detailed update highlighted stable production, strong cash flow, and the firm's continuing expansion through acquisitions.

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image for news Diversified Energy Company confirms it saw durable production and cash flow in 2024

About Diversified Energy Company PLC (DEC)

  • IPO Date 2023-12-19
  • Website https://www.div.energy
  • Industry Oil & Gas Energy
  • CEO Robert Russell Hutson Jr.
  • Employees 1589

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.