Diversified Energy Share Discussion Threads

[renewed1] 25/1/2024 08:50

If you havnt got anything intelligent to say white...why dont you go back to bed!!!!!

[bazboa] 25/1/2024 08:40

This is going blue soon

[assagai] 25/1/2024 08:38

Jeez whites , you just don't give up do you.
Transparent as crystal...or should we all thank you for your philanthropic efforts and giving so much of your time for the benefit of others.
C..t

[whites123] 25/1/2024 08:36

I wouldnt want to be holding this come results day.

Jeeezuz wept you holders must be cacking yourselves, I know I would be.

Is there any truth at all in the rumours?
Is as its rumoured the company are heading for the pits?

I know I wouldnt be holding myself, but then again Im not an out and out total gambler willing to risk my hard earned cash on something that can very very easily go POP and lose most of your money in 2 minutes from open on results day.
Each drop requires a bigger % increase to get back to from whence it fell.

Having read the company RNS's I am AMAZED at the amount of "We know no reason for price movement"....
Something doesn't add up here.
Langbar anyone?

[bountyhunter] 25/1/2024 08:34

You sound a bit worried about your short.
Trading update by 31 January.
XD 87.5c 29 February.

[whites123] 25/1/2024 08:32

I wouldn't want to be holding this come results day.

Jeeezuz wept you holders must be cacking yourselves.

Is there any truth at all in the rumours?
Will divis be cut?
Is as its rumoured the company are heading for the pits?

I know I wouldnt be holding myself, but then again Im not an out and out total gambler willing to risk my hard earned cash on something that can very very easily go POP and lose most of your money in 2 minutes from open on results day.

Having read the company RNS's I am AMAZED at the amount of "We know no reason for price movement"....
Something doesn't add up here.
Langbar anyone?

[waldron] 25/1/2024 08:26

aye

if oee accepts the Rnterprizs Value EV to be acceptable then one might expect by March to see eventually an uptrend

[bountyhunter] 25/1/2024 08:21

Another day of gyrations?

[aleman] 25/1/2024 08:13

US close was $11.75/£9.24 @ 1.271. Volume just shy of 300k.

[action] 25/1/2024 07:21

Trading update yesterday

[grahamg8] 25/1/2024 07:20

Plagiarism Justice. Quote your source - Oil and Gas Analyst.

[tsmith2] 24/1/2024 23:11

https://www.malcysblog.com/2024/01/oil-price-dec-genel-afentra-and-finally/

[justiceforthemany] 24/1/2024 23:06

Whilst it may be on the back foot from this attack I think that the overall strength of the portfolio and valued at well above the current market cap will ultimately mean that the exceptional management of DEC of a portfolio that with healthy oil and gas prices will mean that the short-term nature of rifle shot short trading is unprofitable and more importantly short lived.

The bottom line is that the management, who are major shareholders will always act in the best interests of the owners of the business and act accordingly. Finally for a company that is well hedged it correlates with the US natural gas price closely and that has fallen recently and I happen to expect a significant rise.

[justiceforthemany] 24/1/2024 23:04

Malcolm Graham Wood, Oil&Gas Analyst

I was in the process of writing on DEC already and was analysing the letters to and from the U.S. House of Representatives Committee on Energy and Commerce which had been started following letters received from four members of that committee who had requested information.

Assessing those letters and more importantly how and why the company decided to reply is of significant interest. Even though by nature of the letters coming from a few individual members, who are also not in the majority on the Committee, DEC didn’t have to respond at all, the fact is that they did and to a great extent put to bed the Asset Retirement Obligations that were put to them.

I have to say that this virtually unknown organisation who have taken this shot at DEC and a shot that is at a very easy target given the current malaise of the energy sector and one where the yield has got to a level at which even the company would be considering the best way forward in terms of internal funding and shareholder rewards.

The reason for this in most cases in the sector has been a degree of forced selling by income funds who have seen a great number of redemptions and consequently the high yield is sometimes largely affected by the long-only income funds who are restricted to balancing the books.

On a day to day basis DEC is going about sorting out the ARO’s, continuing to look at both acquisitions and disposals as part of normal portfolio and in fact current restraints are more than likely to enable the company to find new ways of funding these M&A activities which have always added value to the assets.

Whilst it may be on the back foot from this attack I think that the overall strength of the portfolio and valued at well above the current market cap will ultimately mean that the exceptional management of DEC of a portfolio that with healthy oil and gas prices will mean that the short-term nature of rifle shot short trading is unprofitable and more importantly short lived.

The bottom line is that the management, who are major shareholders will always act in the best interests of the owners of the business and act accordingly. Finally for a company that is well hedged it correlates with the US natural gas price closely and that has fallen recently and I happen to expect a significant rise.

[tunley] 24/1/2024 22:32

Loganair

Just be wary how that sounds/looks

Using tonight's UK and US closing prices, (converting the US$ prices at 1.29$ to the £) prices were within 8 pence of each other, which is 1% in difference.

It's probably even closer as the mid rate US$:one (1) UK£ is 1.2727

[bountyhunter] 24/1/2024 21:52

Not much change in New York since the NYSE opening level at 14:30 GMT. Volume was up again after the record high volume yesterday.

[loganair] 24/1/2024 20:57

DEC was up 11.5% in London while down 8.2% in New York.

[bountyhunter] 24/1/2024 20:15

It could be worse, it could be IC! 😉

[1knocker] 24/1/2024 20:11

Cripes! The Motley Fool tipping DEC. That really IS a worry. At least they don't predict the price at which they predict it will stabilise, so there is some hope left!

[justiceforthemany] 24/1/2024 19:40

Nat gas +8%

[elpirata] 24/1/2024 19:10

thanks fordtin

[sbb1x] 24/1/2024 19:05

Lovely reversal today.

[fordtin] 24/1/2024 18:21

elpirata, re; "It could be fun if DEC stick the boot in with buy backs tomorrow"

I posted the following earlier on one of the other 'far too many DEC threads';

Regarding lack of buybacks;

the company is in a closed period due to "the Company plans to provide its year-end trading statement by January 31(st)"


ISTM that buybacks during the closed period will depend on whatever instructions Stifel were given immediately prior to commencement of the closed period.

“From time to time, the Company may also provide one or more time-limited, irrevocable, non-discretionary instructions to Stifel to make trading decisions and repurchase Shares within those instructions independently of the Company. Any purchases of shares made during closed periods pursuant to the Programme shall be made independently of and uninfluenced by the Company.”

[weaverbeever] 24/1/2024 17:46

Well done those who bought yesterday. Your bravery or skill paid off. I like to see people do well.