Added to YB: 2024-06-17
Pitch date: 2024-06-14
DEC.L [bullish]
Diversified Energy Company
+32.97%
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
$9.72
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
Diversified Energy Company
DEC.L: Largest US old gas well owner, down 70% on scandals; looks cheap at 8% DY, 50% margins, 0.9 PE. US shale output peaked in 6/11 fields, NG prices to rise to $8-10 as exports rise. 5x+ upside if NG hits $8-10, but debt a risk. Bullish US NG for 3-5yrs.
Read full article (1 min)