Martin Keith Thomas Buys 700 Shares of Diversified Energy Company PLC (LON:DEC) Stock

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

Diversified Energy Trading Down 1.8 %

Shares of DEC opened at GBX 1,039 ($13.42) on Monday. The business’s 50-day moving average price is GBX 1,184.69 and its 200 day moving average price is GBX 1,104.53. 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 market capitalization of £662.59 million, a P/E ratio of 4.30, a P/E/G ratio of -0.32 and a beta of 0.19. Diversified Energy Company PLC has a 1-year low of GBX 818.50 ($10.57) and a 1-year high of GBX 1,427 ($18.43).

Diversified Energy Announces Dividend

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