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 Diversified Energy stock in a transaction that occurred on Thursday, March 20th. The stock was bought at an average cost of GBX 1,060 ($13.74) per share, with a total value of £7,420 ($9,621.37).

Diversified Energy Stock Down 0.1 %

LON DEC traded down GBX 1 ($0.01) on Friday, reaching GBX 1,057 ($13.71). The company had a trading volume of 3,022,002 shares, compared to its average volume of 445,545. The firm has a market capitalization of £674.07 million, a price-to-earnings ratio of 4.37, 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 ($10.61) and a 1-year high of GBX 1,427 ($18.50). The company’s fifty day moving average is GBX 1,191.11 and its 200-day moving average is GBX 1,103.48.

Diversified Energy Dividend Announcement

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