Added to YB: 2025-01-02
Pitch date: 2024-12-30
DEC [bullish]
Diversified Energy Company
+10.72%
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
$15.58
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
The DEC-ember man
DEC: Rejoins FTSE250, shorts down to 4.3%. US nat gas outlook bullish: exports up, LNG growth, electricity demand rising. 2025 price forecasts $3.25-$3.70/mmbtu. Annualized 2024 adj. income £149m, FCF 23p/£1 invested. Upside potential to 40.4p/£1. New revenue: Coal Mine Methane. NextLVL growing. Strong dividends. Cornerstone share.
Read full article (5 min)