Diversified Energy Share Discussion Threads

[renewed1] 13/1/2025 22:46

But the next divi will look much nicer with the pound down here!!

[oneillshaun] 13/1/2025 10:59

And the share price can't get above 1400 and hold

[justiceforthemany] 13/1/2025 08:01

US gas price now well above $4

[bazboa] 10/1/2025 20:20

Take a look at this article that might interest you hTTps://ii.co.uk/analysis-commentary/does-diversified-energy-have-strong-potential-ii534005

[oneillshaun] 10/1/2025 19:23

Zero interest at 1400p

[spangle93] 10/1/2025 15:23

croas - ref 4888/9

Agree that on the face of it, the purchase price doesn't look so attractive.

Just wondering about the value of the Alternative Energy Credit value though. Companies will buy these credits to offset their own emissions.

[owenski] 10/1/2025 14:21

Superb chart, watch the short positions, still over 4% to close down but I think they will.

[croasdalelfc] 10/1/2025 14:19

hTTps://www.businesswire.com/news/home/20250109175798/en/

[rolo7] 09/1/2025 18:35

5million$ USA grant for wells on dec us ticker news

[owenski] 09/1/2025 14:47

Chart looks like this is going higher, I'd wager remaining shorts will offload more during this month.

[bountyhunter] 09/1/2025 11:40

Prices going up enable higher prices to be facilitated for future hedging as well as higher prices to be achieved for the unhedged production, so there is a two-fold effect albeit cushioned by existing hedges.

[croasdalelfc] 09/1/2025 10:08

I agree - DEC follows the gas price trend up or down even though 70-80% is hedged for 2 years : completely illogical

[bountyhunter] 09/1/2025 09:58

But gas prices are higher now.
No pulling back this morning with the uptrend having resumed :)

[croasdalelfc] 09/1/2025 09:17

For instance compare it with the July acquisition: $100m for 6kboepd and 28m 2P

[croasdalelfc] 09/1/2025 09:15

It's not surprising that this has pulled back on the acquisition. $50m seems expensive for 2000boepd . Yes the reserves are ok but it also comes with decommissioning costs for a further 550 wells and CMM is a bit jam tomorrow

[kaos3] 08/1/2025 13:07

in this case blowdown means conservative imho

zeus when calculating enterprise value did not include any further acquisitions, toook the ngl price from the current futures forward curve without any expected further ngl price appreciation and so on

so the 20 gbp per share valuation they come up is based on - as it is data - and simply driving the present assets into the ground eg extremely conservative

but you knew that already lol

[putinaire] 08/1/2025 12:29

Surprised it broke out top bar tbh, but then when you look at reversal, it was for a reason lol

[putinaire] 08/1/2025 12:27

Twas a nasty days action really. Never good

[putinaire] 08/1/2025 12:27

you did alright to be fair before the up call was reversed a few days ago.

[justiceforthemany] 08/1/2025 12:14

Gas prices surging again.
3.64 USD.

[spangle93] 07/1/2025 15:28

Sorry croas

I'm not sure that the word blowdown is used by Zeus in the sense that the oilfield would typically recognise it.

Petrowiki's definition is "In a reservoir, blow down is often after the oil recovery phase has been complete and the majority of the gas from the gas cap needs to be recovered"

The best example of blowdown that I can think of, that hasn't started yet(!), would be Montara, with which I think you'd be familiar. In this field, production of a thin oil leg (between water and gas) is managed by gas injection to preserve the pressure, by horizontal wells to reduce the well's drawdown, by careful placement of wells in the structure, and by removal of associated water and gas. Eventually, it will not be possible to continue to produce an ever shrinking oil column, either economically or physically (because gas flows preferentially). Once that point is reached, the wells are recompleted in the gas zone, reinjection stops, and the field effectively becomes a gas depletion project until the reservoir pressure is too low to get meaningful rates. This is the blowdown phase.

I guess they are saying that the latter phase in the description above is the scenario on which economics are based, but that DEC's Smarter Asset Management can identify and deliver benefits above those from just producing until the field dies.

But it's not wholly clear

[croasdalelfc] 07/1/2025 08:32

Weird use of the word blowdown.Blowdown ..... is a process that involves removing liquids from vessels or equipment to prevent them from contributing to fires or explosions. It can also refer to: Windthrow: When trees are felled by a windstorm Boiler blowdown: A process that removes impurities from a steam boiler Engine blowdown: A procedure that measures an engine's compression to identify mechanical defects Water treatment blowdown: The process of replacing some of the water in a circulating system to remove soluble salts that thicken the water Here are some examples of when blowdown is used:Refineries and petrochemical facilitiesBlowdown is used to reduce the pressure and inventory within a system to prevent vessel failure. This is especially important in the event of overheating, such as from a fire or runaway reaction.

[spangle93] 07/1/2025 08:18

Quite a comprehensive initiation note issued this morning by Zeus Capital via the Research Tree portal

The underlying assumptions need a bit of examination, but it concludes its summary

Applying an 8% discount rate to the forward-looking free cash flow available to shareholders, after our aggressive debt and ARO repayment assumptions, equates to a residual equity value of $24.8/share (£20.0/share). We highlight that our blowdown valuation completely ignores that Diversified Energy is a growing business and that it stands to create tremendous value over and above its blowdown production profile.

[imnotspartacus] 07/1/2025 08:04

Where’s Piti? Someone should tell him it’s still going up…

[erocnelg] 06/1/2025 11:57

As of January 6, 2025, the Henry Hub Natural Gas futures price on the CME Group was 3.620, with a change of +0.266 (+7.93%). The globex code for Henry Hub Natural Gas is NGG5