Added to YB: 2026-08-10
Pitch date: 2026-08-06
DEC [neutral]
Diversified Energy Company
+3.82%
current return
Author Info
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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
$954.7M
Pitch Price
$13.34
Price Target
34.00 (+145%)
Dividend
8.60%
EV/EBITDA
3.00
P/E
2.32
EV/Sales
2.02
Sector
Oil, Gas and Consumable Fuels
Category
value
DEC-laration of independence
DEC (earnings): 1H26 solid — $233m debt cut (2.45x leverage vs 2.9x), $93m buybacks, $43m dividends = $369m returns (~40% of $904m mkt cap). $273m accretive asset sales (8.5-10x EV/EBITDA vs 3x buys). FY26 guide raised: EBITDA $985m, FCF $440m. First operated drilling to reach decline-neutral by 2027.
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