Diversified Energy Share Discussion Threads

[yaesu] 21/12/2023 12:32

1knocker
……as well as being a constituent of farts of course !
😂

[topazfrenzy] 21/12/2023 09:51

'Diversified Energy has had its target price and buy recommendation reiterated by house broker Peel Hunt following the open letter yesterday published by members of the US House of Representatives Committee on Energy and Commerce.

“Having reviewed the open letter, we see this as largely a rehash of a Bloomberg Green article published in October 2021,” said Peel Hunt.

“We understand that Diversified intends to respond, despite the company being under no legal obligation to respond and, in our view, a significant proportion of the questions appearing to be addressed within Diversified’s Sustainability Reports.

“We note that since the October 2021 article, Diversified has built a 15-crew well retirement company (the wholly owned subsidiary NextLVL) with the capacity to plug c.450 wells/year (vs the c.80 wells/year state requirements).

Peel Hunt adds that “DEC has in place ambitious group methane intensity reduction targets (-50% by 2030) underpinned by comprehensive GHG emissions detection and mitigation programs.”

Buy with a 3,500p target price remains Peel Hunt’s stance.'

[1amulet] 21/12/2023 09:26

Relentlessly on it's way up to it's true value now.
Opportunity to make money by trading or investing this.
No brainer at this price.

[bonnard] 21/12/2023 08:17

Just purchased another 1073 for my SIPP. Lovely.

[topazfrenzy] 21/12/2023 08:12

So targets at x3 current level lol

SP now is absurd

Anyway keep collecting the 25% divi in the meantime

[drradcliffe] 21/12/2023 07:59

Cavendish and Dowgate have similar targets in the 30s

Cavendish £30 target
Dowgate £32

Nov 23

[topazfrenzy] 21/12/2023 07:55

Peel Hunt has 3500 target

First Berlin Equity Research GmbH has 3600 target

Both targets issued after the ridiculous calculated letter from the Democrat crooks

[topazfrenzy] 21/12/2023 07:54

Share buybacks yesterday represent 400,000 shares in old money

[gary1966] 21/12/2023 07:49

Would have expected another very big buyback day again yesterday and so a little underwhelmed by 20k.

[justiceforthemany] 20/12/2023 23:29

“Having reviewed the open letter, we see this as largely a rehash of a Bloomberg Green article published in October 2021,” said Peel Hunt.

“We understand that Diversified intends to respond, despite the company being under no legal obligation to respond and, in our view, a significant proportion of the questions appearing to be addressed within Diversified’s Sustainability Reports.

“We note that since the October 2021 article, Diversified has built a 15-crew well retirement company (the wholly owned subsidiary NextLVL) with the capacity to plug c.450 wells/year (vs the c.80 wells/year state requirements).

Peel Hunt adds that “DEC has in place ambitious group methane intensity reduction targets (-50% by 2030) underpinned by comprehensive GHG emissions detection and mitigation programs.”

Buy with a 3,500p target price remains Peel Hunt’s stance.

[drk1] 20/12/2023 23:05

@fred177 - LOL - trebles all round! ;-)

[justiceforthemany] 20/12/2023 22:53

$15.54 in after hours
1229p

[elpirata] 20/12/2023 22:02

...and that’s why DEC-hands should feel relaxed, despite the short term drop, despite the probe, DEC has audited numbers - the Clean Air mob have, by their own admission, incomplete numbers.

[fred177] 20/12/2023 21:52

on a positive note i received £6 today for shares that were not diviseable by 20 on consolidation i might have half a lager in town tonight

[bountyhunter] 20/12/2023 21:33

Yes, and all highly suspicious given the timing.

[justiceforthemany] 20/12/2023 21:26

$14.9 close in a soft market
At current FX = 1180p.
So the share price here needs to rise c.10% for parity. Interesting that DEC have no legal obligation to even respond and Peel Hunt believe most of the questions in the letter have already been answered before. Waste of time from the Democrats and Pallone is a waste of space.

[1knocker] 20/12/2023 20:27

scrawal, maybe not te time DEC should be conducting buy backs? The sharestructure would be better served by maximising te shares finding their way on to the US exchange?

[this_is_me] 20/12/2023 20:06

Waiting for the knife to hit the floor.

[bountyhunter] 20/12/2023 18:35

Yes a level headed view. From the above..

£35 target

"We understand that Diversified intends to respond, despite the company being under no legal obligation to respond and, in our view, a significant proportion of the questions appearing to be addressed within Diversified’s Sustainability Reports."

[justiceforthemany] 20/12/2023 18:31

Excellent comeback from Peel Hunt.
Some have clearly over reacted here.

[scrwal] 20/12/2023 18:17

Maybe the problem is that no new shares have been actually created. Therefore in order to buy on the NYSE there has to be sells from the LSE and under these circumstances a share price discrepancy arises but the real price may well be the LSE one based on the shares held on that exchange at the moment. It may take some time for a neutral position to exist. Just a guess.

[justiceforthemany] 20/12/2023 18:03

Don't be lazy. It takes 2 mins.