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

Diversified Energy Company PLC (LON:DEC) insider David Edward Johnson acquired 1,250 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were bought at an average price of GBX 1,020 ($13.27) per share, with a total value of £12,750 ($16,586.44).

Diversified Energy Stock Performance

Shares of DEC opened at GBX 996 ($12.96) on Thursday. The firm has a fifty day moving average of GBX 1,197.07 and a 200-day moving average of GBX 1,102.40. The company has a market cap of £635.16 million, a price-to-earnings ratio of 4.12, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The company has a debt-to-equity ratio of 316.76, a quick ratio of 0.37 and a current ratio of 0.44. Diversified Energy Company PLC has a 1 year low of GBX 818.50 ($10.65) and a 1 year high of GBX 1,427 ($18.56).

Diversified Energy Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, May 29th will be paid a dividend of $0.29 per share. This represents a yield of 2.22%. The ex-dividend date is Thursday, May 29th. Diversified Energy’s payout ratio is 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.