Diversified Energy Share Discussion Threads

[bountyhunter] 19/1/2024 21:35

LSE close £9.58
NYSE close £10.53 equivalent
London has some catching up to do on Monday morning.

[justiceforthemany] 19/1/2024 21:16

Yes but that means nothing here, seen it many times in recent weeks, come Monday PM they - Adage and Wall Eye - with other shorters will trash and manipulate the US price by 10% to bring it in line again. LSE is rogue ++

[topazfrenzy] 19/1/2024 20:53

Up over 6% in NY on over 300% average volume

[stevensupertrader] 19/1/2024 20:30

If all DEC shares originally were issued in London , and recently DEC is listed in US with no new shares being issued in U.S., , then how the US market able to trade - Ie where the shares come from? , can someone able to explain this?
Uk Investors having shares through UK broker are unable to sell his/her Uk shares in the US market , then where the US shares come from? Just confused and puzzled !!

[ramellous] 19/1/2024 19:32

Price in US now £10.50 equivalent

[bountyhunter] 19/1/2024 18:56

Yes it's on a roll now in New York.
Shorters closing ahead of the weekend?

[imnotspartacus] 19/1/2024 18:19

Up in the states now, what is going on?

[leoneobull] 19/1/2024 18:04

This trades like a penny AIM thriller. If only I wasn't working like a dog I would have traded it

[bountyhunter] 19/1/2024 17:31

Finished blue in London and ascending in New York, as usual following the LSE close.

Now blue in New York as well...

.

[tsmith2] 19/1/2024 16:55

good turn around

[meanreverter] 19/1/2024 16:41

If depletion rates of late-life gas wells are increasing, it is because the distribution of well types is changing over the years: Fracked wells in shale deplete faster than do the conventional wells which predominated historically. Correspondingly, ageing shale wells are both more numerous and cheaper for their acquirers, such as DEC. It all balances out in the books. We only need to be concerned if we believe that DEC's accountants don't understand arithmetic.

[con90210] 19/1/2024 16:30

Nice! Hopefully this continues back up to 15 quid plus.

[topazfrenzy] 19/1/2024 16:30

Well that was a fun day.

[zhenya21] 19/1/2024 16:21

Scared out a few this morning. Onward and upwards

[assagai] 19/1/2024 16:18

The record date is what is relevant to the shorters (and whites ) so end of next month. Which for traders is in sight of a t10 in 4 weeks hence the pullback today. The payment date is irrelevant. The liability occurs on the record date!

[meanreverter] 19/1/2024 16:09

Recently released from Goehring and Rozencwajg's 2023 Q3 report (available earlier to their subscribers):

North American natural gas is the cheapest energy molecule on the planet by as much as 75%. Over the next twelve months, we believe this discount could close entirely, boosting US gas prices as much as four-fold. As we go to print, Henry Hub gas costs $3.00 per mcf while European and Asian gas is $14 and $16.50 respectively. One barrel of oil contains between six and eight mmbtu, so dividing oil by the midpoint of seven generates its energy-equivalent price of $10 per mcf.

[mondex] 19/1/2024 16:08

Henry Hub gas to hit $4 per MMBtu by 2028, analysts say

Fitch Solutions company BMI predicts the Henry Hub gas price will gradually increase from an average of $3.4 per MMBtu in 2024 to $4.0 per MMBtu in 2028, alongside a comparable Bloomberg view forecasting a similar outturn. "In 2023, higher than expected production levels tilted the balance to oversupply, weighing on prices. In our core view, we expect that the demand for US LNG, along with a somewhat elevated geopolitical risk premium and a slowdown in domestic natural gas production growth, will support higher natural gas prices," they continued," BMI analysts said.
Full Story: Rigzone (1/18)

[wassapper] 19/1/2024 16:06

Interesting day!

[neilyb675] 19/1/2024 16:05

956.00 - 958.50 (GBX) at 16:05:13
on Market (LSE)

[stevensupertrader] 19/1/2024 15:50

Closing over £10 today in LSE? 0%
Pals don’t be greedy , if it went over £9.65 at the close of business , I consider a miracle 😊

[bountyhunter] 19/1/2024 15:44

Nearly back to par in London..

[lawson27] 19/1/2024 15:43

Almost blue, c'mon