Diversified Energy Company (DEC)

Sector:

Energy Producers

Index:

FTSE 250

1,088.00p
   
  • Change Today:
    -26.00p
  • 52 Week High: 1,946.00
  • 52 Week Low: 845.00
  • Currency: UK Pounds
  • Shares Issued: 47.52m
  • Volume: 187,235
  • Market Cap: £516.97m

Key Financials

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Growth Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 0.9% 0.6% 12.6% 0.1% 10.4%
           
Continuing Operations          
PE Ratio - Adjusted 0.9 n/a n/a n/a 8.9
PE Ratio - Diluted 0.9
0.9		 n/a
n/a		 n/a
n/a		 n/a
n/a		 8.9
152.9
PEG - Adjusted n/a n/a n/a n/a n/a
PEG - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Return on Capital Employed 59.70%
52.64%		 n/a
n/a		 n/a
n/a		 68.80%
52.69%		 10.07%
11.20%
Operating Margin 115.21%
115.21%		 (41.65%)
(41.65%)		 (49.65%)
(49.65%)		 (22.86%)
(17.51%)		 36.38%
40.49%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 0.9 n/a n/a n/a 8.9
PE Ratio - Diluted 0.9
0.9		 n/a
n/a		 n/a
n/a		 n/a
19,681.3		 8.9
150.9
PEG - Adjusted n/a n/a n/a n/a n/a
PEG - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Gearing 222.60% n/a 158.42% 82.87% 66.37%

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Value Metrics 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Price/Book Value n/a n/a n/a n/a n/a
Price/Tangible Book Value n/a n/a n/a n/a n/a
Price/ Cash Flow n/a n/a n/a n/a n/a
Price/Revenue n/a n/a n/a n/a n/a
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 1,227.73¢ (376.32¢) 81.89¢ (129.55¢) 143.71¢
Net Cash per Share n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Annualised Fundamentals 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 868.26 1,919.35 10.17 408.69 462.26
EBITDA 1,000.34
1,000.34		 (799.50)
(799.50)		 (3.36)
(3.36)		 (59.74)
(37.87)		 191.73
210.73
Depreciation n/a
n/a		 n/a
n/a		 (1.69)
(1.69)		 (33.67)
(33.67)		 (23.57)
(23.57)
Net Interest n/a
n/a		 n/a
n/a		 (0.51)
(0.51)		 (43.33)
(43.33)		 (36.67)
(36.67)
Profit Before Tax 1,000.34
1,000.34		 (799.50)
(799.50)		 (5.56)
(5.56)		 (136.74)
(114.87)		 131.49
150.50
           
Revenue per Share 1,840.90¢ 4,547.79¢ 1.28¢ 59.65¢ 72.04¢
Pre-Tax Profit per Share 2,120.95¢
2,120.95¢		 (1,894.38¢)
(1,894.38¢)		 (0.70¢)
(0.70¢)		 (19.96¢)
(16.77¢)		 20.49¢
23.45¢
Market Capitalisation $ (Millions) 530.25 964.89 17,740.80 15,986.72 13,967.05
Enterprise Value (EV) $ (Millions) 1,727.36 2,383.97 18,737.30 16,696.73 14,506.59
EBITDA/EV 57.91%
57.91%		 (33.54%)
(33.54%)		 (0.02%)
(0.02%)		 (0.36%)
(0.23%)		 1.32%
1.45%
Operating Margin 115.21%
115.21%		 (41.65%)
(41.65%)		 (49.65%)
(49.65%)		 (22.86%)
(17.51%)		 36.38%
40.49%
Capital Employed $ (Millions) 1,900.46 1,322.86 1,687.97 (135.78) 1,670.58
Return on Capital Employed 59.70%
52.64%		 n/a
n/a		 n/a
n/a		 68.80%
52.69%		 10.07%
11.20%
Invested Equity Capital $ (Millions) 599.46 (140.20) 647.41 902.40 1,062.25
           
Earnings per Share - Basic 1,607.00¢
1,607.16¢		 (1,482.00¢)
(1,481.87¢)		 (820.00¢)
(41.02¢)		 (0.61¢)
(1.00¢)		 300.00¢
17.57¢
Earnings per Share - Diluted 1,595.00¢
1,595.36¢		 (1,482.00¢)
(1,481.87¢)		 (820.00¢)
(41.02¢)		 (0.61¢)
(1.00¢)		 300.00¢
17.49¢
Earnings per Share - Adjusted 1,607.00¢ (1,482.00)¢ (820.00)¢ (0.61)¢ 300.00¢
Earnings per Share Growth - Basic n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
PE Ratio - Diluted 0.9
0.9		 n/a
n/a		 n/a
n/a		 n/a
n/a		 8.9
152.9
PEG - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Tax Rate 24.06% 22.38% 40.97% 82.83% 24.41%
Dividend Cover 122.44
122.45		 (85.91)
(85.91)		 (2.48)
(0.12)		 (0.20)
(0.32)		 1.08
0.06
Interest Cover n/a
n/a		 n/a
n/a		 (9.88)
(9.88)		 (2.16)
(1.65)		 4.59
5.10
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 1,607.00¢
1,607.16¢		 (1,482.00¢)
(1,481.87¢)		 (8.28¢)
(0.41¢)		 (0.61¢)
0.14¢		 300.00¢
17.81¢
Earnings per Share - Diluted 1,595.00¢
1,595.36¢		 (1,482.00¢)
(1,481.87¢)		 (8.28¢)
(0.41¢)		 (0.61¢)
0.14¢		 300.00¢
17.73¢
Earnings per Share - Adjusted 1,607.00¢ (1,482.00¢) (8.28¢) (0.61¢) 300.00¢
Earnings per Share Growth - Basic n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
-99%		 n/a
n/a
Earnings per Share Growth - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
-99%		 n/a
n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
PE Ratio - Diluted 0.9
0.9		 n/a
n/a		 n/a
n/a		 n/a
19,681.3		 8.9
150.9
PEG - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Dividend Cover 122.44
122.45		 (85.91)
(85.91)		 (0.03)
n/a		 (0.20)
0.05		 1.08
0.06
Return on Equity (ROE) 126.45%
126.45%		 446.09%
446.09%		 (0.51%)
(0.51%)		 (2.60%)
0.11%		 9.36%
10.76%
Operating Cash Flow per Share 869.57¢ 918.78¢ 40.35¢ 0.36¢ 43.51¢
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (7.58¢) (12.39¢) 0.014¢ (0.041¢) 0.045¢
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 13.12¢ 17.25¢ 330.00¢ 3.08¢ 278.40¢
Dividend per Share Growth (23.91%) (94.77%) 10,618.89% (98.89%) n/a
Dividend Yield 0.9% 0.6% 12.6% 0.1% 10.4%
Shareholders Funds 585.81 (152.69) 647.41 886.66 938.14
Net Borrowings $ (Millions) 1,304.00 1,461.86 1,025.60 734.74 622.65
Net Asset Value per Share (inc. Intangibles) 1,201.01¢ (411.78¢) 79.80¢ (129.55¢) 143.71¢

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - inc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds inc Intangibles 585.81 (152.69) 647.41 886.66 938.14
Net Borrowings $ (Millions) 1,304.00 1,461.86 1,025.60 734.74 622.65
Net Gearing 222.60% n/a 158.42% 82.87% 66.37%
Cash & Near Cash 3.75 7.33 12.56 1.38 1.66
Cash 0.64% (4.80%) 1.94% 0.16% 0.18%
Gross Borrowings 1,307.75 1,469.19 1,038.16 736.12 624.31
Gross Gearing 223.24% 962.22% 160.36% 83.02% 66.55%
Borrowings Under 5 years 1,307.75 1,469.19 1,038.16 736.12 624.31
Under 5 years 223.24% (962.22%) 160.36% 83.02% 66.55%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - exc Intangibles 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shareholders' Funds exc Intangibles 566.46 (173.79) 633.27 (887.64) 922.15
Net Borrowings $ (Millions) 1,304.00 1,461.86 1,025.60 734.74 622.65
Net Gearing 230.20% n/a 161.95% (82.77%) 67.52%
Cash & Near Cash 3.75 7.33 12.56 1.38 1.66
Cash 0.66% (4.22%) 1.98% (0.16%) 0.18%
Gross Borrowings 1,307.75 1,469.19 1,038.16 736.12 624.31
Gross Gearing 230.87% 845.40% 163.93% 82.93% 67.70%
Borrowings Under 5 years 1,307.75 1,469.19 1,038.16 736.12 624.31
Under 5 years 230.87% (845.40%) 163.93% (82.93%) 67.70%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Cover 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio 0.48 0.31 0.44 0.48 1.26

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Normalised ratios are shown in blue text

Note 5: Forecast figures based on normalised accounts.

 

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