Added to YB: 2025-03-19
Pitch date: 2025-03-18
DEC [neutral]
Diversified Energy Company PLC
+17.61%
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 12.19
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
Piloting DEC at speed: 2024 Annual Report
DEC (earnings update): FY24 results show resilience. Adj. income $100.2m, EBITDA $472m, FCF $170.4m. 2025 guidance: 174.4 KBoe/d, FCF $420m, EBITDA $825m-$875m. Synergies >$50m. New upsides: land sales, pipeline access, CMM revenue growth. Buybacks to resume. Challenges: cost increases, high debt. Positive outlook for US O&G in 2025+.
Read full article (5 min)