Added to YB: 2025-06-02
Pitch date: 2025-05-29
DEC [neutral]
Diversified Energy Company PLC
+8.27%
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 10.02
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-ension in the ranks?
DEC (overview): Buyback from insider Randy Wade logical as he retained 64% stake & became NED. Assets acquired for $49M (3.5x EBITDA) worth $89M PV10 ($55.1M profit). PDP reserves ~70 Bcfe, production 21 MMcfepd. At $14.06/share vs $76.5/share PV10 assets = substantial upside. Rising gas prices, LNG exports support bullish outlook. Ongoing buybacks increasing per-share value.
Read full article (4 min)