Added to YB: 2025-05-14
Pitch date: 2025-05-13
DEC [neutral]
Diversified Energy Company PLC
+11.33%
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 9.75
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 to March
DEC (earnings update): Strong Q1 with $61.9m FCF (+45% YoY), tracking to $420m+ 2025 FCF. $40m land sales 1H25 (tripling). -$337.4m loss due to $235m hedge mark-to-market + $48m Maverick costs. Concerns: 40% LOE increase, higher plugging costs. P/E 3.4x on est £235m 2025 adj profit. Bullish nat gas outlook as US supply curves peak. Synergies to exceed $50m target.
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