Diversified Energy Company PLC (LON:DEC) Insider Buys £12,750 in Stock

Diversified Energy Company PLC (LON:DEC) insider David Edward Johnson purchased 1,250 shares of the stock in a transaction that occurred on Tuesday, March 18th. The stock was bought at an average price of GBX 1,020 ($13.23) per share, with a total value of £12,750 ($16,532.68).

Diversified Energy Stock Up 6.2 %

Shares of LON DEC opened at GBX 1,058 ($13.72) on Friday. Diversified Energy Company PLC has a 12-month low of GBX 818.50 ($10.61) and a 12-month high of GBX 1,427 ($18.50). The company has a market cap of £674.70 million, a P/E ratio of 4.38, a P/E/G ratio of -0.32 and a beta of 0.19. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 316.76. The stock has a fifty day moving average price of GBX 1,191.11 and a 200 day moving average price of GBX 1,103.48.

Diversified Energy Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, May 29th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a yield of 2.22%. Diversified Energy’s dividend payout ratio is currently 37.23%.

Diversified Energy Company Profile

Diversified Energy Company (DEC) is focused on acquiring and enhancing onshore gas and oil producing assets and related midstream properties in the United States. Our primary and historical area of operations are within the prolific Appalachian Basin, with additional operations in the states of Louisiana, Oklahoma and Texas announced with our entry to that region in 2021.