Diversified Energy Share Discussion Threads

[k4r] 18/9/2023 07:46

RNS - Hutson continued, “I am thrilled to have the opportunity to promote and place Brad into the role of CFO ... his promotion and appointment ensures we do not miss a beat in executing our strategy to responsibly deliver long-term value to shareholders"

[laurence llewelyn binliner] 16/9/2023 13:07

#1Knocker, looks like our FX fix on Monday could be better than I thought and at 1.238:1 giving us 3.533 pence.. :o)

[cassini] 14/9/2023 14:37

Actually,it may have been this:



The causal mechanism being that a rate hike means more chance of a eurozone recession is mentioned in the last line of the article.

[laurence llewelyn binliner] 14/9/2023 14:22

#Bluemango, yesterdays CPI, and todays PPI data could leave headroom for another rate rise next week would be my bet..Good for dollar dividends paid in GBP.. :o)

[cassini] 14/9/2023 14:21

(RTTNews) - U.S. weekly jobless claims for the week ended September 9 and retail sales and producer prices for August have been released at 8.30 am ET Thursday. After these data, the greenback advanced further against its major counterparts.

[bluemango] 14/9/2023 13:40

Anyone know why the USD just shot upwards?

Great for dollar earnings, like DEC

[wllmherk] 13/9/2023 16:20

Totally agree LLB, in fact, it doesn't take much research away from MS media to find out that the science behind man-made climate change is nonsense. Governments love it of course as it gives them carte blanch to tax and control. It's madness, but, the two main Political parties are on the same page on this subject.

wllm :)

[1knocker] 13/9/2023 14:06

The drivers must have been particularly high-minded upstanding citizens. Disposal of waste free outside the R o I not only saves the R oI and its citizens the cost of disposal, but pushes the R o I up the league table of non-waste producing nations! If the R o I were not only to charge for the bags /tags, but to limit the numbers any individual could purchase, the scheme could enable the R o I to become pre-eminent amongst the nations for its environmental policies to 'solve' the waste problem.

Indeed, if the R o I were to be given international 'waste credits' (like carbon credits) for exceeding waste minimisation targets, it could then sell them to Northern Ireland, which would purchase them and thereby meet its own waste targets. Both could claim to be 'waste neutral' or better, a big step on the road to cleaning up the planet. What's not to like?

[fordtin] 13/9/2023 12:44

1knocker - your post reminded me of an Irish solution.

In The republic they won’t collect rubbish bags unless they’re printed with the council logo, or have a pre-paid tag attached.
Last time I was there it was quite common to see RoI registered cars visiting the council tips in Northern Ireland.

[1knocker] 13/9/2023 12:19

llb, yes. Not much sign of the much predicted $ collapse so far!

With copper prices soft and no sign of huge investment in mining expansion for copper and other electrical metals, 'the money' is clearly unconvinced by 2030 net zero. The foreseeable future surely lies with gas and nuclear.

My guess is that over the next few years we shall see a bit of deft footwork (Enron accountancy?) to demonstrate that the net zero targets (but not attainment of the objectives the targets are meant to serve) are being met. All that matters to politicians is meeting their targets: attaining targets = success.. The targets cease to be a means to an end and become the objective.

Think of the NHS waiting list targets. They were introduced with a view to getting more patients treated, faster. The waiting list targets were of course met, by not putting patients on the waiting list until they were about to be treated! Reducing numbers on the waiting lists and their time on the waiting list had ceased to be a means to an end (more patients treated, faster): the target itself (fewer patients on waiting lists, for less time) had become the objective.

You can already see it happening in the energy sector. Gas, oil and coal extracted in the UK and its territorial waters are included in calculating UK carbon emissions; oil gas and coal imported from elsewhere are not. So closing a coal mine and importing (dirtier) coal from Australia with substantial quantities of oil burned to transport it helps meet UK targets, though it actually INCREASES carbon (and sulphur dioxide and other noxious)emissions worldwide. Similarly, the carbon (and other toxic pollution) footprint of an EV in the UK is conducive to meeting carbon emission targets only because the copper, lithium, cobalt etc are mined overseas and so the carbon and toxic emissions from their production are not counted against the UK.

If we were to have an objective to reduce the volume of waste households generate, and a target to limit the amount of waste placed in household bins in aid of achieving that objective, that target could (and no doubt would) be achieved by fly tipping. Target met, pats on the back all round. As for the objective, nah, it is the target we need to meet, and we have ... dropping your litter in the street is VIRTUOUS if it reduced the amount in your household bin!

[stevensupertrader] 13/9/2023 11:20

Can see DEC under 85p today .
UNLOVED AND UNWANTED .
Don’t be blinded by the super yield .

[laurence llewelyn binliner] 13/9/2023 09:25

#1Knocker, the FX is going our way and DEC should lock it in Friday/Monday, our next dividend payment is currently sitting at 1.247:1 (3.508 pence) with the GBP sinking which could continue up to the 20th/21st and the next FED/MPC rate decisions..

A pause or raise both sides on the pond will of course depend on the inflation data 19th/20th, busy week next week, the weaker Pound seems to point towards a pause..?

[lab305] 13/9/2023 07:54

That was some turnaround yesterday but on gas price. Unfortunately they are not serious about supporting the share price and we are left for months averaging below 90p. A year ago that would have been inconceivable.

[fred177] 13/9/2023 07:39

looking at the last transaction the number of shares in issue has declined by 594 so no typo

[laurence llewelyn binliner] 13/9/2023 07:24

That BB is sure to appease #lab305, a tremendous effort.. :o)

[riskvsreward] 13/9/2023 07:21

Is it a typo in the buyback RNS release of 594 shares bought? Otherwise it is ridiculous waste of value with the cost of commission, RNS cost and the time.

[garycook] 13/9/2023 00:48

Diversified Energy
DEC
Share Price 7 Day 1 Year
0.87 0.2% -33.6%


Consensus EPS estimates increase by 449%, revenue downgraded
The consensus outlook for fiscal year 2023 has been updated.

2023 revenue forecast fell from US$967.7m to US$931.3m.
EPS estimate rose from US$0.135 to US$0.743.
Net income forecast to shrink 71% next year vs 15% decline forecast for Oil and Gas industry in the United Kingdom.
Consensus price target broadly unchanged at UK£1.59.
Share price was steady at UK£0.87 over the past week.

[erocnelg] 12/9/2023 21:15

US gas futures up 5pc $$

[stevensupertrader] 12/9/2023 11:51

Is DEC unloved ! A falling knife - I wonder - good luck to investors that bought and accumulate the shares for the high dividend but in fact fooling themselves -
VERDICT - UNLOVED

[stevensupertrader] 12/9/2023 11:45

DEC is falling sharply this morning after a few days in limbo. Can see this counter heading to 80p giving an eye water juicy yield of over 16.5#.

[renewed1] 11/9/2023 08:10

Mmm...might have to take that back...CV's look more relevant than I expected.

[my retirement fund] 11/9/2023 07:54

These box ticking, woke appointments often end up in a costly and sorry ending.