Diversified Energy Share Discussion Threads

[drk1] 16/1/2024 16:22

Cassini - what platform are you using? I cannot seem to get US DEC on IG!

[bulltradept] 16/1/2024 16:16

What are you waiting for FFS?

An invitation?

[imnotspartacus] 16/1/2024 15:53

It is tempting at this price

[kaos3] 16/1/2024 15:48

wow - what share

[topazfrenzy] 16/1/2024 15:46

Next divi in a couple of months :)

[topazfrenzy] 16/1/2024 15:46

This looks to have bottomed ...

time to back up the truck

[cassini] 16/1/2024 14:32

I'm trying to trade the US opening, I'll see shortly if this is a good or bad idea.

[2wild] 16/1/2024 13:58

Europe is definitely not awash with natural gas. It currently has very high levels of storage. However, this is solely due to massive imports last year. It will need to continue with large imports to maintain their needs. Countries like the UK have very little storage Capacity and lowproduction.

[1knocker] 16/1/2024 12:21

If one is looking to the long term, the cause for concern is surely the huge expansion in gas production. The world is now awash with the stuff, with reserves at unusually high levels both in Europe and the USA. We are hedged, but those hedges have to be renewed for future production at prices reflecting then prevailing gas prices.

That said, historically DEC has used periods of low gas prices to buy assets cheaply.

High prices lead to increased production, increased production leads to lower prices and lower prices lead to reduced production, and so the cycle goes on. The business model is built round that cycle.

[2wild] 16/1/2024 12:17

Anyone paying withholding tax should transfer to a sip. They will get a 25% Capital uplift from the taxman. Effectively giving a yield of 32% on new contributions invested into DEC.

[parob] 16/1/2024 11:35

Looks like a bottom is being put in here. Be good to close at 10000 or above again today.

[bountyhunter] 16/1/2024 11:33

I missed that, 25,000 shares bought back yesterday at £10/share..

[stevensupertrader] 16/1/2024 11:18

If you asked me - can buy some at this lowest point . I reckon it may go back up over £10.50 to £11.00 until Q4 update.
From the this morning RNS , DEC confirmed no material change to its current state 😊

[imnotspartacus] 16/1/2024 11:06

So what’s your plan supersteve?

[bmw30csl] 16/1/2024 11:05

I have bought a few more. E&P is rocks and people. Here we are P rather than E but that saying still stands. I trust the P although the newer higher flow wells need to prove their production profile. I trust the people having met management and the real workers in the pickups visiting the well sites.

[stevensupertrader] 16/1/2024 10:59

After DEC RNS and yesterday 25000 shares buyback - I reckon this Is the lowest share price until Q4 update at the end of the month - only if Div is cut. Should Div is maintained, DEC rockets back up

[whites123] 16/1/2024 10:41

Irrespective, they have teeth.

And they will ensure carnage is created.

New lows to be tested?

[loganair] 16/1/2024 10:16

Even if one is paying the U.S. with held tax, DEC is still has a dividend yield of 20% which means in less than 5 years one gets ones initial capital investment back.

[davocon] 16/1/2024 10:10

I took advantage of the daft pricing to put the last 5k of my USA allowance in yesterday at 9.94.
Looking forward to receiving the divi’s and at some point some sanity returning to the price.

[mindthestash] 16/1/2024 10:09

As a long term holder there are a couple of things occuring to me which give cause for concern.

1. Long term FD resigns. Its a not a complex business model but its not an east-read either. so open space for those who wish to make mischief/money.

2. The so called green agenda seems to have captured the mindset of the many middle and leftish politically and under 30's to a degree of religious fervour. it doesnt matter that they cant see carbon fuels as the transition/back-up energy for 15 to 20 years esp gas.

Hoping the update numbers and the divi will call off the dogs but i'm minded to think there's an easy target in DEC for future trouble based on fake science reports as ammo for shorting.

[parob] 16/1/2024 10:08

Guys, what is the current dividend yield please at this price?

[t 34] 16/1/2024 09:53

The Company further confirms there has been no material change to its financial and operational condition.

[loganair] 16/1/2024 09:50

Currently DEC is running at 58.5% below its 1 Year High and 65.3% below its 3 Year High.

Also around 50% below its not so long ago Placing.

[topazfrenzy] 16/1/2024 09:48

Very recent analyst Price Targets (after the US Congress attack letter) are all sitting at above 3000 (except for Investec yesterday which is at 1300)