Diversified Energy Share Discussion Threads

[1knocker] 12/2/2024 09:45

There are big problems with the practical use of hydrogen, both in terms of reducing it to a small volume for storage /transmission, and in its ability to escape from even imperceptible weaknesses in pipe joints etc.

It sounds great - the holy grail in fact - use wind and solar at times of excess generation to create hydrogen and then burn the hydrogen as a completely 'clean' fuel at times of low wind solar generation to generate electricity, thereby balancing the electricity from renewable sources supply /demand equation without vast battery banks, but it is not easy in practice.

[bonnard] 11/2/2024 19:45

When (and if) Hydrogen is used as a fuel, it recombines with Oxygen to produce water vapour. So no significant increase in Oxygen in the atmosphere.

[cassini] 11/2/2024 14:40

I don't think releasing oxygen into the atmosphere is a problem, you simply dilute it with blown air down to say, 22% O2 instead of the more normal 21% O2. The atmosphere is very big...

Mind you I'm not terribly worried about CO2 either.

One thing I've realised in life is that if someone tells you the end of the world is nigh but they can fix it for you if you do everything they say, you probably ought to take that with a large pinch of salt.

[blue square] 11/2/2024 12:54

Fordtin,your sentiments are
echoed in the washington post
Biden’s LNG decision is a win for political symbolism, not the climate

[fordtin] 11/2/2024 11:51

Thanks elpirata.

“It’s not nearly enough but it’s a lot better than what we’ve been doing,” Smith said. “This isn’t the answer, but it’s just showing that at least they are working in good faith, trying to help take care of the problem. And I’m going to give them credit for that.”

As Smith is the lead sponsor of a bill that would help prevent abandoned wells from being orphaned and falling to the state to clean up, I take that as a very positive comment.

Watching the video you posted, it seemed like there may have been a realisation that any legislation severe enough to put Diversified under serious pressure, would be very likely to put smaller companies out of business, thus creating even more orphaned wells for the state to clean up!

[fordtin] 11/2/2024 11:09

blue square - I just read the article in your post 950. A lot of food for thought in there.

Biden could really screw Germany’s plans if he restricts LNG exports.
There are claims he’s trying to align himself with the eco-worriers, but forcing Germany to keep coal powered generators running seems like an own goal.

I’m curious about the proposed transition from methane to hydrogen in the mid-to-late 2030s. What will they do with all the oxygen it will produce as a byproduct? On such an enormous scale, releasing pure oxygen into the atmosphere could create serious health problems plus explosion and fire risk for miles around the production plants.

There are many claims that burning hydrogen just produces water, but that's only true if combined with pure oxygen. If hydrogen is burnt using air to supply the oxygen, nitrous oxide is also produced as one of the byproducts.
(Releasing 1 kg of N2o into the atmosphere is allegedly equivalent to releasing about 298 kg of Co2.)
Then there’s the other byproducts to consider from the argon, Co2, N2o, neon, pollen et al, all present in the air being burned.

All these eco problems would diminish if the eco-worriers just focused all their time and energy on reducing the human birth rate!
Reduced demand = reduced emmisions = planet saved. Simples!

[blue square] 10/2/2024 20:58

Average trade volumes continue
to increase on the NYSE.
The UK market was following
the US market during the two
hours they were both open.
For me its reassuring,to have
the price discovery away from
the UK market.

[bountyhunter] 10/2/2024 15:22

The Oak Bloke today starting with the discredited snowflakes...

"After several weeks of silence, analyst after analyst this week have spoken out against the Snowcapped Nemeses, dismissing the slanted and inaccurate nature of the claims of their short report (i.e. short on facts, long on tales) and how in fact DEC continues to perform well and is forecast to continue (but you heard it first from the Oak Bloke). While the share price hasn’t leapt to reflect this yet, we draw closer to the ex-dividend date (the unaffected dividend mind you that DEC allegedly couldn’t afford). M&G are possibly still selling to cover their outflows. It’s their loss - quite literally"...continued:

[blue square] 10/2/2024 15:17

germany to replace Nuclear with
natural gas plants

hxxps://oilprice.com/Energy/Natural-Gas/Germany-To-Replace-Nuclear-With-Natural-Gas-Plants-for-16B.html

[fordtin] 09/2/2024 09:25

For anyone who doesn't follow the other DEC threads, I recommend watching the video in elpirata's post #7871.



"


WEST VIRGINIA LEGISLATURE Senate Energy, Industry and Mining Committee - Agenda
February 8, 2024, 1:00 pm
Location: 208-W

1. Roll Call - Establish Quorum

2. Approval of minutes

3. Presentation on Diversified Energy

• Paul Espenan, Senior Vice President, Environmental Health and Safety, Diversified Energy Company



plays from about 1:21 PM on the video slide bar
"

One Senator has proposed to introduce DEC to a company involved with Hydrogen.

Toward the end, another Senator asks DEC if they'd be willing to have a further meeting, asking if DEC can advise on ways to get W.Virginian gas to W.Virginia homes.

Maybe a long way off, but possibly some interesting sources of future revenue for DEC.

[imnotspartacus] 09/2/2024 09:24

Shorters are having to keep increasing their shorts to keep a lid on the price, dangerous game.

[bountyhunter] 09/2/2024 08:36

The edit is useful. The link to short positions is at the end of the header by the way.

[fordtin] 09/2/2024 08:24

You're welcome. I've edited with a reformat to swap the X & Y axis because it was getting too wide. Hopefully it's easier to read now.

[kaos3] 09/2/2024 08:20

thank you ford for your efforts. i always look at it and find it useful

[kaos3] 09/2/2024 08:19

i speculate that the shorters will pay in the divi. cost of doing business to them. being in their game they must afford to do it. which will screw many thinking and playing the opposite. they clearly /to my mind/ did not finish miliking dec.

edit - fordtins short positions just re affirmed my thinking. stagnation will continue beyond xD

[fordtin] 09/2/2024 08:19

 
 
 
 
 
 
 




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 (%)


07/02/24
 
0.66
0.51
0.70
0.60
 
2.47


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


 
 
 
 
 
 
 

[kaos3] 09/2/2024 08:16

well to me no BBs is strange too. it re afirms some theories posted on here unfortunately. but lets wait. maybe it is not sinister. if

- they need cash for an expansion/replacement
- they must preserve cash for their current operations /bad/

time will tell soon

[bountyhunter] 09/2/2024 08:08

The share price isn't falling anymore. Did you not notice the chart yesterday or even take a look at the chart for the whole of this week? The share price did just fine yesterday with no buybacks, imagine what would happen if buybacks recommenced. Looking forwards to the shorters paying for my divi on 29th Feb if they are foolish enough not to close before then.

[stevensupertrader] 09/2/2024 07:42

Why no more buyback since 2 Feb ?
Maybe Board realised buyback is just throwing good money away as share price kept on falling since buybacks started 😞

[leoneobull] 09/2/2024 07:35

I'm expecting quite a rise pre xd. I'd guesstimate £1 or more from here.

[aleman] 09/2/2024 01:34

Interesting link. Thanks.

Yesterday was a low volume day in the UK until it more than trebled with reports of a rather eclectic mix of big and snall, late and not so late trades after 4:30.

[elpirata] 08/2/2024 22:38

WEST VIRGINIA LEGISLATURE Senate Energy, Industry and Mining Committee - Agenda
February 8, 2024, 1:00 pm
Location: 208-W

1. Roll Call - Establish Quorum

2. Approval of minutes

3. Presentation on Diversified Energy

• Paul Espenan, Senior Vice President, Environmental Health and Safety, Diversified Energy Company



plays from about 1:21 PM on the video slide bar

[bountyhunter] 08/2/2024 18:52

That depends when they took out their shorts. I have heard it said that many took out their shorts jumping on the band waggon at around £10 so with costs incurred that wouldn't be a fortune and they haven't made anything at all if they haven't closed.

Yes lfc and minus 8% additional costs on 29th! Not looking so clever for many if the price is around £10 or more at that point.