Added to YB: 2025-03-11
Pitch date: 2025-03-07
DEC [bullish]
Diversified Energy Company PLC
+25.46%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
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.
Market Cap
GBP 972.9M
Pitch Price
GBP 10.95
Price Target
N/A
Dividend
9.16%
EV/EBITDA
10.14
P/E
-5.40
EV/Sales
3.24
Sector
Oil, Gas and Consumable Fuels
Category
value
DEC-iding to buy into the selloff
DEC: Share price drop unjustified. Strong fundamentals, rising gas prices, deleveraging from Maverick deal. Refinancing improves debt profile. Prolific Cherokee play potential. Operating cash flow strong, capex low. LNG demand rising. 20% below 5-year min storage in 2026. Opportunity, not concern.
Read full article (33 min)