Diversified Energy Company (DEC)

Sector:

Energy Producers

Index:

FTSE 250

1,114.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 1,946.00
  • 52 Week Low: 845.00
  • Currency: UK Pounds
  • Shares Issued: 47.52m
  • Volume: 174,826
  • Market Cap: £529.37m

Diversified Gas & Oil buys 1,300 producing wells in the US

By Maryam Cockar

Date: Tuesday 18 Apr 2017

LONDON (ShareCast) - (ShareCast News) - Diversified Gas & Oil's $1.75m acquisition of 1,300 producing wells in the US has completed.
The oil and gas wells in Ohio and Pennsylvania increases the company's gas production by 14% to about 30,000 cubic feet per day, and oil production by 23% to about 585 barrels of per day.

They are also expected to contribute operating cash flow of about $1m per year.

The company, which floated on AIM in February raising £50m, owns and operates gas and oil producing wells in the Appalachian Basin, one of the largest oil and gas fields in the US.

Shares in Diversified Gas & Oil were up 1.52% to 67p at 0831 BST.

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

 

DEC Market Data

Currency UK Pounds
Share Price 1,114.00p
Change Today 3.00p
% Change 0.27 %
52 Week High 1,946.00
52 Week Low 845.00
Volume 174,826
Shares Issued 47.52m
Market Cap £529.37m

DEC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.65% above the market average7.65% above the market average7.65% above the market average7.65% above the market average7.65% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
60.14% below the market average60.14% below the market average60.14% below the market average60.14% below the market average60.14% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Income Not Available
Growth
68.21% above the market average68.21% above the market average68.21% above the market average68.21% above the market average68.21% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

DEC Dividends

  Latest Previous
  Q1 Q3
Ex-Div 29-Aug-24 29-Feb-24
Paid 27-Sep-24 28-Mar-24
Amount 29.00¢ 4.38¢

Trades for 10-May-2024

Time Volume / Share Price
16:35 44,735 @ 1,114.00p
16:35 2 @ 1,114.00p
16:35 684 @ 1,114.00p
16:35 191 @ 1,114.00p
16:35 424 @ 1,114.00p

DEC Key Personnel

CEO Robert Hutson

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