Diversified Energy (NYSE:DEC – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Monday, March 17th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $248.76 million for the quarter.
Diversified Energy Trading Up 2.3 %
Shares of DEC opened at $11.99 on Friday. Diversified Energy has a 12-month low of $10.54 and a 12-month high of $17.70. The business’s fifty day moving average is $15.14 and its 200 day moving average is $14.05.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on DEC shares. Truist Financial raised their price objective on Diversified Energy from $21.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, January 6th. KeyCorp raised their price objective on Diversified Energy from $18.00 to $19.00 and gave the company an “overweight” rating in a research note on Tuesday, January 7th.
About Diversified Energy
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. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates.
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