Added to YB: 2025-06-02
Pitch date: 2025-05-29
DEC [neutral]
Diversified Energy Company
+31.84%
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, an independent energy company, engages in the production, transportation and marketing of natural gas, oil, and liquids primarily in the Appalachian and Central regions of the United States.
Market Cap
$1.1B
Pitch Price
$9.80
Price Target
N/A
Dividend
7.94%
EV/EBITDA
4.16
P/E
3.19
EV/Sales
2.52
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)