Diversified Energy Company (DEC)

Sector:

Energy Producers

Index:

FTSE 250

1,123.00p
   
  • Change Today:
      31.00p
  • 52 Week High: 1,946.00
  • 52 Week Low: 845.00
  • Currency: UK Pounds
  • Shares Issued: 47.53m
  • Volume: 214,802
  • Market Cap: £533.81m

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Q1 Dividend4.38¢4.25¢4.00¢3.50¢3.42¢
Q2 Dividend4.38¢4.25¢4.00¢3.75¢3.50¢
Q3 Dividend4.38¢4.38¢4.25¢4.00¢3.50¢
Q4 Dividendn/a4.38¢4.25¢4.00¢3.50¢
Total Dividend13.12¢17.25¢16.50¢15.25¢13.92¢
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 868.26 1,919.35 1,007.56 408.69 462.26
Operating Profit/(Loss) 1,161.05 (671.40) (467.06) (77.57) 180.51
Net Interest (134.17) (100.80) (50.63) (43.33) (36.67)
Profit Before Tax 1,000.34 (799.50) (550.90) (136.74) 131.49
Profit After Tax 759.70 (620.60) (325.21) (23.47) 99.40
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 759.70 (620.60) (325.21) (23.47) 99.40
Attributable to:          
Equity Holders of Parent Company 758.02 (625.41) (325.51) (23.47) 99.40
Minority Interests 1.68 4.81 0.30 n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 1,607.00¢ (1,482.00¢) (820.00¢) (0.61¢) 300.00¢
Earnings per Share - Diluted 1,595.00¢ (1,482.00¢) (820.00¢) (0.61¢) 300.00¢
Earnings per Share - Adjusted 1,607.00¢ (1,482.00¢) (820.00¢) (0.61¢) 300.00¢
Continuing and Discontinued EPS          
Earnings per Share - Basic 1,607.00¢ (1,482.00¢) (820.00¢) (0.61¢) 300.00¢
Earnings per Share - Diluted 1,595.00¢ (1,482.00¢) (820.00¢) (0.61¢) 300.00¢
Earnings per Share - Adjusted 1,607.00¢ (1,482.00¢) (820.00¢) (0.61¢) 300.00¢
           
Dividend per Share 13.12¢ 17.25¢ 330.00¢ 3.08¢ 278.40¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 2,946.58 3,018.67 2,944.06 382.10 1,816.98
Intangible Assets 19.35 21.10 14.13 1,774.30 15.98
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets 24.40 13.94 0.22 0.72 n/a
Other Non-Current Assets 179.09 423.00 198.66 39.09 12.62
  3,169.42 3,476.71 3,157.07 2,196.21 1,845.58
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 190.21 296.78 282.92 66.99 73.92
Cash at Bank & in Hand 3.75 7.33 12.56 1.38 1.66
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 110.64 50.11 41.66 26.10 84.78
  304.60 354.22 337.14 94.47 160.36
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 3,474.02 3,830.93 3,494.21 2,290.68 2,005.94
           
Liabilities          
Current Liabilities          
Borrowings 211.38 280.39 68.45 69.97 24.52
Other Current Liabilities 427.05 851.24 705.15 126.53 102.33
  638.44 1,131.63 773.60 196.51 126.85
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,096.36 1,188.80 969.71 666.15 599.79
Provisions 13.65 12.49 n/a 15.75 124.11
Other Non-Current Liabilities 1,127.15 1,635.73 1,086.95 525.63 217.04
  2,237.17 2,837.02 2,056.66 1,207.52 940.95
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 2,875.61 3,968.65 2,830.26 1,404.02 1,067.81
           
Net Assets 598.41 (137.72) 663.95 886.66 938.14
           
Capital & Reserves          
Share Capital 12.90 11.50 11.57 9.52 8.80
Share Premium Account 1,208.19 1,052.96 1,052.96 841.16 760.54
Other Reserves (88.03) (83.18) (54.38) 8.80 3.95
Retained Earnings (547.26) (1,133.97) (362.74) 27.18 164.85
Shareholders Funds 585.81 (152.69) 647.41 886.66 938.14
           
Minority Interests/Other Equity 12.60 14.96 16.54 n/a n/a
Total Equity 598.41 (137.72) 663.95 886.66 938.14
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 410.13 387.76 320.18 241.71 279.16
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (239.37) (386.46) (627.71) (257.76) (466.89)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (174.34) (6.54) 318.71 15.76 188.02
Net Increase/Decrease In Cash (3.58) (5.23) 11.18 (0.28) 0.29
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 0.9 n/a n/a n/a 8.9
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a -71%
Dividend Cover 122.44 (85.91) (2.48) (0.20) 1.08
Revenue per Share 1,840.90¢ 4,547.79¢ 1.28¢ 59.65¢ 72.04¢
Pre-Tax Profit per Share 2,120.95¢ (1,894.38¢) (0.70¢) (19.96¢) 20.49¢
Operating Margin 133.72% (34.98%) (46.36%) (18.98%) 39.05%
Return on Capital Employed 59.70% n/a n/a 68.80% 10.07%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 0.9 n/a n/a n/a 8.9
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a -71%
Dividend Cover 122.44 (85.91) (0.03) (0.20) 1.08
           
Dividend Yield 0.9% 0.6% 12.7% 0.1% 10.5%
Dividend per Share Growth (23.91%) (94.77%) 10,618.89% (98.89%) 24.01%
Operating Cash Flow per Share 869.57¢ 918.78¢ 40.35¢ 0.36¢ 43.51¢
Cash Incr/Decr per Share (7.58¢) (12.39¢) 0.014¢ (0.041¢) 0.045¢
Net Asset Value per Share (exc. Intangibles) 1,227.73¢ (376.32¢) 81.89¢ (129.55¢) 143.71¢
Net Gearing 222.60% n/a 158.42% 82.87% 66.37%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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: Forecast figures based on normalised accounts.

 

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