Diversified Energy Company PLC (LON:DEC) Insider Buys £12,750 in Stock

Diversified Energy Company PLC (LON:DEC) insider David Edward Johnson purchased 1,250 shares of the business’s stock in a transaction on Tuesday, March 18th. The stock was purchased at an average cost of GBX 1,020 ($13.17) per share, with a total value of £12,750 ($16,462.23).

Diversified Energy Trading Down 1.8 %

Diversified Energy stock opened at GBX 1,039 ($13.42) on Friday. The business has a 50 day moving average price of GBX 1,184.69 and a two-hundred day moving average price of GBX 1,103.03. The company has a quick ratio of 0.37, a current ratio of 0.44 and a debt-to-equity ratio of 316.76. The stock has a market cap of £662.59 million, a price-to-earnings ratio of 4.30, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. Diversified Energy Company PLC has a 12 month low of GBX 818.50 ($10.57) and a 12 month high of GBX 1,427 ($18.42).

Diversified Energy Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, May 29th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a yield of 2.22%. Diversified Energy’s dividend payout ratio (DPR) is 37.23%.

Diversified Energy Company Profile

Diversified Energy Company (DEC) is focused on acquiring and enhancing onshore gas and oil producing assets and related midstream properties in the United States. Our primary and historical area of operations are within the prolific Appalachian Basin, with additional operations in the states of Louisiana, Oklahoma and Texas announced with our entry to that region in 2021.