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

Diversified Energy Company PLC (LON:DEC) insider Martin Keith Thomas purchased 700 shares of the business’s stock in a transaction on 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 ($9,580.37).

Diversified Energy Stock Performance

LON:DEC opened at GBX 1,039 ($13.42) on Friday. The company has a quick ratio of 0.37, a current ratio of 0.44 and a debt-to-equity ratio of 316.76. The company has a market cap 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 fifty-two week low of GBX 818.50 ($10.57) and a fifty-two week high of GBX 1,427 ($18.42). The firm’s 50 day moving average is GBX 1,184.69 and its two-hundred day moving average is GBX 1,103.03.

Diversified Energy Dividend Announcement

The business also recently declared 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 dividend payout ratio is currently 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.