Insider Buying: Diversified Energy Company PLC (LON:DEC) Insider Purchases £7,420 in Stock

Diversified Energy Company PLC (LON:DEC) insider Martin Keith Thomas bought 700 shares of the business’s stock in a transaction on Thursday, March 20th. The stock was purchased at an average price of GBX 1,060 ($13.69) per share, with a total value of £7,420 ($9,581.61).

Diversified Energy Stock Down 1.8 %

DEC opened at GBX 1,039 ($13.42) on Monday. The company has a debt-to-equity ratio of 316.76, a quick ratio of 0.37 and a current ratio of 0.44. The company has a market capitalization of £662.59 million, a PE ratio of 4.30, a P/E/G ratio of -0.32 and a beta of 0.19. The stock’s fifty day moving average is GBX 1,184.69 and its 200-day moving average is GBX 1,104.53. Diversified Energy Company PLC has a one year low of GBX 818.50 ($10.57) and a one year high of GBX 1,427 ($18.43).

Diversified Energy Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, May 29th will be given a $0.29 dividend. This represents a yield of 2.22%. The ex-dividend date of this dividend is Thursday, May 29th. Diversified Energy’s dividend payout ratio (DPR) is presently 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.