Diversified Energy Share Discussion Threads

[bountyhunter] 06/2/2024 18:07

shh! don't want to wake up whites123 ;)

[cassini] 06/2/2024 18:06

Going parabolic!

[nigelpm] 06/2/2024 17:58

This is how I see it.

Price going up in US is a function of buying interest at current levels - likely sellers on the other side will be arbitragers and shorters who are happy to sell at elevated levels knowing they can either close out or balance up when LSE opens in the morning.

Great for those who can play the arbitrage, bad for genuine US investors who pay more - otherwise irrelevant.

[bountyhunter] 06/2/2024 17:54

Good to see the share price going in the right direction today in London and New York. Still heading up strongly in New York as I type with more than twice as many buys as sells, I hope I don't jinx it!

[aleman] 06/2/2024 17:52

US won't win on volume, then, though it should comfortably beat on number of today's trades. The US do seem to be net buyers (as one might expect?) and do seem to be the driver behind the recent modest price recovery as their volume relatively increases.

[bluemango] 06/2/2024 17:38

Not a UT either.

[blue square] 06/2/2024 17:34

Very large trade just reported
at £9.15
69468/£636050
Bid is currently $11.92(£9.46)
in US ask over $12
Current price $12.09 (£9.60)

[laurence llewelyn binliner] 06/2/2024 16:24

#Aleman, we are watching it happen, their holdings are coming from weak hands here in the UK for knock down prices..I am hoping it is still sub 1000 by April 6th, but a long way to go to as it is only early Feb.., a 30% yielding share squirrelled away in the ISA for tax free income is without (many) peers..?

[stevensupertrader] 06/2/2024 16:18

Suddenly the last two days, DEC share price on LSE and NYSE almost same price .
Therefore all those past weeks , the huge difference between LSE n NYSE we’re manipulated , in short cheating ( day light robbing by hedge funds and big institutions .

[aleman] 06/2/2024 16:17

Looks to be over £200m worth of stock traded since the US listing (including US trades). Will we look back in time and think a large % of the company has been transferred to US hands at exceptionally cheap prices?

[bluemango] 06/2/2024 16:06

Dowgate Capital broker note on DEC out today:

Buy, with 2600p target.

[aleman] 06/2/2024 16:00

US trading looks to be taking control. There's going to be over 600 trades stateside in the first two hours and maybe 50k volume, versus 900 trades and 120k here as we approach the end of the day.

Looks like we're now the tail.

[fordtin] 06/2/2024 08:13

Walleye up to their shenanigans again;




 
 
 
 
 
 




Position Holder
Adage Capital Management L.P.
Connor, Clark & Lunn Investment Management Ltd
Voleon Capital Management LP
Walleye Capital LLC
TT International Asset Management Ltd
 


Date
Net Short Position (%)
 
 
 
 
Total short positions (%)


01/02/24
0.66
0.51
0.60
0.60
 
2.37


26/01/24
0.66
0.51
0.60
0.53
 
2.3


25/01/24
0.66
0.51
0.52
0.53
 
2.22


19/01/24
0.66
0.51
0.52
0.49
 
2.18


17/01/24
0.66
 
 
0.58
 
1.24


16/01/24
0.66
 
 
0.61
 
1.27


04/01/24
0.66
 
 
0.50
 
1.16


03/01/24
0.66
 
 
 
0.13
0.79


14/12/23
0.66
 
 
 
0.61
1.27


 
 
 
 
 
 

[oneillshaun] 06/2/2024 05:26

Seems like yesterday was pretty much an all time low, from 108p to 44p with an outrageous dividend the future is not looking that rosey.

[blue square] 06/2/2024 05:23

UK Volume 227 K
US Volume 148 K
(over 300% daily Ave US)
The gap is closing at some
point US volume will overtake
UK volume,the price in the US
seems to rise after the UK closes
If you believe the outlook for
US natural gas is good (mid/long)
these prices could? be a bargain

[2wild] 05/2/2024 23:09

For What It's worth nyse clothes at 11 60 USC. £9.26 at current 1.253 current FX great.

[scrwal] 05/2/2024 21:36

Don't see Oaktree being involved with the company anymore. The Strategic Participation Agreement ended last October but there wasn't any participation by Oaktree in 2023 anyway.

[kaos3] 05/2/2024 19:18

They operate several business imho.

Next to what we mostly think of - selling HCs , they earn some additional money with -

as a source of capital for the used up HC replacement buying

- retiring wells as a service
- operating assets for fin investors
and most importantly
- securisation. They buy assets at 3 multiple from the industry and resell it to the fin industry at 6 which can operate at much lover cost of capital. Hence they can pay higher multiples.And that i call a very good business that can ofset the present depletition rates by providing profits to buy new replacement wells. They were doing it up to now on a regular basis on a large enough scale.

All imho

[bountyhunter] 05/2/2024 16:57

DEC had a panelist there last year so quite likely they will be represented there again this year. It sounds like a good place for searching out deals.

[fordtin] 05/2/2024 16:45

Will DEC be at the NAPE summit looking for a deal?



"2024
NAPE
SUMMIT
FEB 7-9
HOUSTON, TX

NAPE Summit is an expo and conference with a heavy focus on networking that brings together domestic and international decision-makers to forge, facilitate and close deals. "

"Success is not just what you know, but who you know. NAPE serves the energy industry by hosting the world’s largest, most successful marketplace where the primary purpose is connecting decision makers and investors. For the energy industry, NAPE is where deals happen."

[stevensupertrader] 05/2/2024 15:34

DEC. trading $11.25 in NYSE - lowest since listing in US

[sbb1x] 05/2/2024 14:34

Will rise towards dividend date. Tick tock

[stevensupertrader] 05/2/2024 14:26

No point getting now 30% dividend not 8% but share price keeps on moving south . I bought last Feb on the new placement shares at £1.05 old money ( after consolidation 30:1 is £21.00) , already that lot of shares I had to kiss goodbye to about 60% of my investment plus I bought numerous times to average the price hoping to sell to break even but never able to see this sunny day . Now run out of liquid fund to buy more . Even if I had the fund I won’t buy as I can see this hitting the wall - never in my entire life playing shares encounter a share that pays 30% and not ending badly ! Sad stage of affair - Good Luck to anyone - wish them all the very best - you need this luck I’m the counter !!!