David Edward Johnson Purchases 1,250 Shares of Diversified Energy Company PLC (LON:DEC) Stock

Diversified Energy Company PLC (LON:DEC) insider David Edward Johnson acquired 1,250 shares of the business’s stock in a transaction dated Tuesday, March 18th. The stock was purchased at an average cost of GBX 1,020 ($13.17) per share, with a total value of £12,750 ($16,462.23).

Diversified Energy Stock Performance

Shares of DEC stock opened at GBX 1,039 ($13.42) on Friday. Diversified Energy Company PLC has a one year low of GBX 818.50 ($10.57) and a one year high of GBX 1,427 ($18.42). 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 50 day moving average price of GBX 1,184.69 and a 200 day moving average price of GBX 1,103.03. The firm has a market capitalization of £662.59 million, a price-to-earnings ratio of 4.30, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19.

Diversified Energy Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, May 29th will be given 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 dividend payout ratio (DPR) is 37.23%.

About Diversified Energy

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.