Diversified Energy Share Discussion Threads

[asp5] 29/8/2022 15:42

lomand - thank you for sharing the video. For any new or existing investor its worth the time to watch the whole thing. I keep topping up as funds allow.

[scrwal] 29/8/2022 15:35

The deep dives are a good read too

[mattybuoy] 29/8/2022 14:04

Awesome video, thanks.

[bluemango] 29/8/2022 12:54

Here it is with correct link

[lomand] 29/8/2022 12:42

Watch this. Better than any broker analysis.

hxxps://youtu.be/-NfRXZ-OZ3o

[lomand] 29/8/2022 12:30

Watch this. Better than any broker analysis.

hxxps://youtu.be/-NfRXZ-OZ3o

[mwj1959] 29/8/2022 12:23

Increased gas competition is clearly not helpful for DEC, albeit I asked about this on their latest call and they seemed pretty relaxed about it.

[pro_s2009] 27/8/2022 01:45

Golden age of hydrocarbon investments........ from five and a half minutes in..



.

[mrnumpty] 26/8/2022 17:32

I realise that this information is three weeks old , but the Financial Times reported the following about Chesapeake Energy : “ Shale patch pioneer Chesapeake Energy [ is ] to ditch oil in favour of natural gas in planning to offload prize oil assets and double down on American
natural gas … plans to exit oil altogether and return to its roots as a natural gas producer , instead pinning its future on a wave of demand for US exports of the commodity … focus solely on gas production from Louisiana’s Haynesville basin and the Marcellus in Appalachia “ . Chesapeake Energy has a far higher market cap , at US $ 12.62 billion against DEC’s £ 1.19 billion , and Chesapeake’s shares have risen 96.48% in the last year as compared to DEC’s mere 29.56% . On thé other hand , Chesapeake’s div yield is only 2.11% against DEC’s 9.73% and Chesapeake’s p/e is 15.32 . So , a much bigger player moving in to natural gas in a similar geographical area to DEC .

[aleman] 25/8/2022 12:42

We get reports of average forward sales prices but they are a mix of deals done recently and deals done years ago. The current price of a typical contract sold now compared to one sold a couple of years ago must have about doubled. Add in less than 10% sold at near spot prices and the current average sales price of new contracts done today must have slightly more than doubled over two years.

Dec 2025 contract


free stock charts from uk.advfn.com

[mattybuoy] 25/8/2022 12:22

DEC is a tiddler by US standards. The debts and hedging could easily be absorbed by a bigger fish, should they choose to bite.

[bluemango] 25/8/2022 11:58

Somebody's keen.

[scrwal] 24/8/2022 12:36

The very heavy short term hedging could put off a buyer although it is integral to DECs strategy.

[mattybuoy] 24/8/2022 09:22

Spangle,

Just a general thought, no one in mind specifically. It's just too cheap and the sector is flush with cash.

[asp5] 24/8/2022 08:56

Thx for clarifying Fred177

[bluemango] 24/8/2022 08:46

GLG Partners from 5.50% to under 5%.

Re the comments on takeover, though great for the valuation, an acquirer might have other ideas about how to use the income stream and it would be a shame to rock the boat with the great yielding, reliable dividends here.

Current management are doing great, imo.

[fred177] 24/8/2022 08:32

asp5 Todays RNS shows a reduction in voting rights to below 5%

[spangle93] 24/8/2022 08:01

Mattybuoy - I can see where you're going, based on the trading, though that might also be explained by today's holding RNS.

Who do you see as a potential company that might wish to take over DEC?

[asp5] 24/8/2022 07:59

With impeccable timing based on my last post a RNS is out re holdings. Cannot read it clearly from my mobile has someone acquired a 5% stake - would explain recent high volumes and a vote of confidence in the direction of travel of the share price - do let me know if I have Mia read the release.

[mrnumpty] 24/8/2022 07:51

The Telegraph states , in an article today titled “ Oil and gas investors reap record payments “ ( page 18 ) that “ the pound risks falling to its lowest versus the dollar in more than two years if a gas supply crisis this winter pushes the U.K. into recession “ . As DEC and its dividends are priced in dollars , that’s a bonus for us .

[mattybuoy] 23/8/2022 20:03

I do wonder about a takeover. Where else can you buy 136,000 bpd (plus 17,000 miles of pipeline) for $1.5bn? Absolutely nowhere.

The midstream component alone is probably worth way more than the market cap.

[asp5] 23/8/2022 19:46

Last 4 days trading volume averaging ~7,5M shares which is roughly x3 more than normal. This pattern is in place for the last 2 or 3 weeks however no RNS announcements till now ......

[2paperman] 22/8/2022 17:00

Thanks for reply, have done the paperwork.

[woodhawk] 22/8/2022 16:15

About 3.5p - but you MAY have to deduct either 15% or 30% if not in a SIPP, or W8-BEN'd.