Diversified Energy Share Discussion Threads

[neilyb675] 13/2/2024 16:50

#remove youtube videos#

[topazfrenzy] 13/2/2024 14:26

You said 700 you big stupid liar not where it is now

Sorry about your huge losses buying into the pos PFC lol

[topazfrenzy] 13/2/2024 14:25

I'm still here!

lol

[whites123] 13/2/2024 13:44

I find it quite intriguing that the stock price has essentially stayed where I predicted.
Time will undoubtedly reveal the true direction it will take, and despite Topaz's relentless attempts to artificially inflate it before inevitably dumping it for his measly 20% gain, I firmly believe the overall trend will be a downward spiral.
With no scheduled news in sight, it's worth noting that Topaz has conveniently exited the scene, elevating his desperate PUMPing endeavors to new heights.
This time, he chose a blue-chip stock and is likely scratching his head as to why the masses haven't blindly followed him, despite his audacious claim of a nearly guaranteed 90% price increase.
It's truly comical to witness the feeble bedroom antics of individuals like him. At least the forum can now return to some semblance of normalcy without the pestilence that is Topaz.

[blue square] 13/2/2024 10:04

Thanks Fortin

[fordtin] 13/2/2024 09:44

blue square - I've just been looking at gas futures too.

This link gives futures for the next 12 years if you scroll down and click on 'load all'.


About 3 months ago, DEC announced;
"Having proactively established its 2023 and a majority of its 2024 hedge portfolio, Diversified is focused on adding hedges to 2025 and beyond where forward natural gas prices remain strong. "

With the exception of April 2025 @ $2.982, the futures are all above $3 from Dec’24 onwards.

[blue square] 13/2/2024 09:16

US gas price futures 2026
Jan 2026 $4.460
Feb 2026 $4.273
Mar 2026 $3.701
April 2026 $3.228
May 2026 $3.275
June 2026 $3.411
July 2026 $3.553
Aug 2026 $3.590
Sept 2026 $3.554
Oct 2026 $3.633
Nov 2026 $3.979
Dec 2026 $4.422

[blue square] 13/2/2024 09:06

US gas price futures 2025
Jan 2025 $ 3.716
Feb 2025 $3.566
Mar 2025 $3.217
April 2025 $2.982
May 2025 $3.02
June 2025 $3.185
July 2025 $3.349
Aug 2025 $3.396
Sept 2025 $3.358
Oct 2025 $3.415
Nov 2025 $3.768
Dec 2025 $4.216

[croasdalelfc] 13/2/2024 08:40

What it needs is Permian growth to plateau or even go negative - there are signs it is plateauing.Associated gas from the Permian alone makes up 22% of total US NG production in 2023Then again oil wells are becoming gassier so I don't see supply dropping any time soon.Demand increase is mostly coal to gas switching - and new LNG export coming online late 2024DECs hedging into 2025 and 2026 is needed and very welcome

[bountyhunter] 13/2/2024 07:47

Buybacks yesterday:

24,000 at a volume weighted average price of 906.15 pence per share.

The Shares acquired will, in due course, be cancelled.

[laurence llewelyn binliner] 13/2/2024 07:42

NG USD1.75, and less than half our hedge average, demonstrates how producers just could not operate and survive on spot price volatility..

XD getting closer 29.02.2024, shorts will still need to cover..

[this_is_me] 13/2/2024 07:12

Buybacks yesterday afternoon seem to have helped the share price.

[blue square] 12/2/2024 22:00

The gas futures are strong going
forward, for example its $4.4 in
Dec 26
They are hedged for 2024, mostly
hedged for 2025, the futures are
strong in 2025.
The gas futures market anticipates
The coming on stream of 2 LNG
plants in 2025, rest of the world
natural gas is 3/4 times US natural
gas this should narrow as 5 new
LNG plants are in construction in
the USA.

[tag57] 12/2/2024 21:43

Neilyb - set up your own thread if it bothers you so much.

[leoneobull] 12/2/2024 21:25

The EIA reckons prices to be better in 2024 and 2025 than 2023. Just out today...https://www.eia.gov/todayinenergy/detail.php?id=61385

[neilyb675] 12/2/2024 21:23

#remove the youtube videos#

[leoneobull] 12/2/2024 21:21

Dec doing 400 wells a year already only half of which are their own."There's decades worth of work there, but somebody's got to be able to do it," Hutson said. "In terms of work capacity in the Appalachian basin, we probably have the most capacity of anybody."

[podgyted] 12/2/2024 21:20

Henry Hub savaged the next three months today. March and April sub $1.80.

$3 moved out to Dec 24. But the volume out there is very small.

UK and Euro gas are also falling quite a lot.

IMO DEC needs around $3 for sustainability in 2026+ - gas market seems to be looking away from this.

[neilyb675] 12/2/2024 21:20

#remove the youtube videos#

[leoneobull] 12/2/2024 21:16

https://www.wvnews.com/wvlegislature/ceo-rusty-hutsons-commitment-diversified-energy-stays-true-to-west-virginia-roots/article_6c15bacc-c5be-11ee-bf60-43c903207744.html#:~:text=(WV%20News)%20%E2%80%94%20Rusty%20Hutson,across%20a%20multi%2Dstate%20area.You need a VPN to access the article

[leoneobull] 12/2/2024 21:15

Toggle navigation?Next UpNEXT UP?Proposed bill would impose steep penalties on missed oil and...CEO Rusty Hutson's commitment: Diversified Energy stays true to West Virginia rootsGov. Jim Justice, far left, shakes hands with Diversified Energy co-founder and CEO Rusty Hutson during a February 2023 event celebrating the opening of Next LVL Energy's offices in Bridgeport.Staff photo by Charles YoungBRIDGEPORT, W.Va. (WV News) - Rusty Hutson could choose to do business anywhere he wants.Hutson, the co-founder and CEO of Diversified Energy, has remained committed to directing dollars and employment opportunities to his native West Virginia, even as his company continues to expand its footprint across a multi-state area."We started the company in West Virginia and we grew the company for several years exclusively in West Virginia," he said. "I'm from there; it's still part of me and my family still lives there. We've always wanted the company to be a big supporter of the area - bringing jobs and economic development."HutsonIn February 2023, a subsidiary of Diversified Energy, Next LVL Energy, opened new offices in Bridgeport. The facility serves as the base of operations for the company's well-plugging efforts, as well as an employee training facility."We could have headquartered that plugging business anywhere - because we work in Ohio, we work in Pennsylvania and we work in West Virginia," Hutson said. "But it was a no-brainer for me to bring it to West Virginia."Diversified Energy has carved out a unique space for itself within the oil and gas industry. The company is now the largest owner of natural gas wells in the county, but it doesn't drill wells.Instead, the company acquires mature, low-producing wells already in operation and works to maximize their late-stage efficiency before retirement."What people fail to realize is that production - which is very stable, has a long life and a very low decline - is estimated to be somewhere between 10 and 15% of the total production in the country," Hutson said. "These guys who are drilling and drilling those shale wells, that production has steep declines year-over-year. They're having to drill continuously to keep that production flat to growing. This is stable and it's needed."Environmental protection and reducing emissions are a core component of Diversified's business philosophy."It's the right thing to do for the environment and for the country," Huston said. "We made the conscience decision that we're going to do this and do it right ... We're doing all the right things from a sustainability perspective to make sure that our production is safe, very low-to-no emissions and making sure it's responsibly produced throughout our footprint."The company is already "way ahead" of its ambitious goal of reducing its overall greenhouse gas emissions to 1 to 2% by 2040, Hutson said."The progress has come a lot quicker than we anticipated," he said. "As you see our 2023 numbers come out, you'll see that we're several years ahead of the goals that we set."Next LVL Energy, a subsidiary of Diversified Energy, retires around 400 oil wells per year, according to Diversified co-founder and CEO Rusty Hutson.The operations of Next LVL Energy also play into the company's sustainability mission by making sure its assets are responsibly and sustainably retired permanently."We're retiring more wells on an annual basis than anybody else," he said. "400 a year - 200 of them this year were our own; almost 200 for the state of West Virginia, the state of Ohio and a few in Pennsylvania."There are more than 6,000 documented orphaned or abandoned wells in the state, and thousands more are estimated to exist that are not yet documented.

[neilyb675] 12/2/2024 21:10

#remove the youtube videos#

[leoneobull] 12/2/2024 21:09

https://mountainstatespotlight.org/2024/02/09/diversified-energy-vp-senate-meeting/Article from the US last Friday.

[bulltradept] 12/2/2024 20:20

It is a daytrading candidtate atm, as well as a great divi payer.