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[ANALYST] Snowcap

Added to YB: 2024-02-05

Pitch date: 2024-02-05

DEC [bearish]

Diversified Energy Company

-81.13%

current return

Author Info

No bio for this author

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

$7.13

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

N/A

Show full summary:
Snowcap is short Diversified Energy Company ($DEC)

$DEC Short: High decline rates, overstated cash flow, dividend at risk. Asset retirement shortfalls likely by 2036. Methane emissions 16x reported, $300M fees loom under new regs. Production, cash flow, environmental issues spell trouble ahead.

Read full article (3 min)