Diversified Energy Share Discussion Threads

[bountyhunter] 12/3/2024 19:40

DEC have always paid a generous dividend and have actually fared a bit better than many of their peers (and would have fared much better without the short attack imo) given the lower gas prices compared to a year ago. The 80% hedging was a wise strategy. Or is that 85%? Many peers have of course performed diabolically especially the small caps but then don't have the hedging and production of DEC.

[stevensupertrader] 12/3/2024 19:24

blue square. - still 20p to reach £10 , a long way from the dizzy height before 20 old shares to 1 new shares two months ago .
At that time of conversion the price was £12 , just about 2 months , DEC share price has lost nearly 17.5% and that is just £12?. If one bought at last Feb 2023 the placement price was £1.05 and at today 20 to 1 new share = £21. about 60% kiss goodbye to one lousy investment and more longer a laughing matter.

[pogue] 12/3/2024 17:59

Today's news in the UK is the government are getting real about the stupidity of their green agenda and announced the need for new gas power stations. I suggest this is just the beginning of realisation by the west that green fairies don't actually power green power producers and actually going green is not as easy as they were told by Greta.
Soooooo where does the gas come from? Gas assets are to me a place to be long term especially ones with big divis.
DYOR

[blue square] 12/3/2024 16:57

On the plus side £9.15p is
equivalent to arond £9.80p
Before the Ex Div date.

[stevensupertrader] 12/3/2024 16:39

US $11.72 and falling . Now even NYSE is slowing and no urgency to push the price up. If the price stays at this level , option 2 will be a like a dead mule come 26th March imo

[blue square] 12/3/2024 15:22

Sudden burst of trades on NYSE
for volume there to overtake
volume on LSE

[imnotspartacus] 12/3/2024 15:16

Hedging for Dec is a great strategy plus debt will be gone by 2030.

[stevensupertrader] 12/3/2024 14:30

Are you telling me that the audited accounts over the years were not correct or. Correct to a point ( to use a strong word manipulated) and as such no one can take the last audited accounts seriously !!
Are you trying to tell us this.

[kaos3] 12/3/2024 14:12

Well i did jump with my few cents.

But was following dec for years. So i could understand. And it took me years to get it. As i am very slow.

All that hedging, accounting rules, decline vs depletition etc

[stevensupertrader] 12/3/2024 13:52

How can DEC yielding 30% and still no one is jumping in to buy ? I am scratching my head to get an answer or someone here can give me a logical and sensible answer .

[kaos3] 12/3/2024 13:34

Present share price situation is an operation by the operators.....

Who got involved with US listing, shares accumulation, share transfers, arbitrage etc

At the company level nothing has changed. Only that the last 6 months they must deal not with the company business but the effects of a listing.

All imho

[justiceforthemany] 12/3/2024 13:03

Nat gas rising
$1.8

[mindthestash] 12/3/2024 11:35

As a holder for a couple of years I've been gutted like a the makerel I pull of the beach here. Last time DEC got ambushed by the greenloons it rallied back quite quickly. I'm sorry to say It looks like this is a step change down to stay.
The constant churn of new wells acquired and others capped isn't a difficult concept but allied to a drop in spot gas and net Zero lobbying I'm rather pessimistic.

[blue square] 12/3/2024 11:08

Not saying your wrong but
Debt repayments fall, last year
$270 million,this year $200million
next year $178 million, I dont
thing the plugging costs are an
issue, as they are plugging 3rd
wells to compensate,is the share
worth a half of its previous
value?

[lab305] 12/3/2024 10:45

Just another complex initiative designed to divert attention from the catastrophic disaster that this share has become. Posters still concentrate on the minutia whilst the share price is around 45p . How they plan to sustain the dividend with a 10%+ depletion rate and increasing plugging expense is a mystery. Half my money when I sold out of here after 6 years went into Lloyds at 39p, now approaching 50p , a company that knows what a buyback scheme really is !

[stevensupertrader] 11/3/2024 20:10

SP in NYSE is stuck around $11.85, although a number of times in the past several weeks broken through $12 but unable to stay .
My guess is that US investors are too waiting for the result next week .
Trading Volume both US & Uk is Low today

[blue square] 11/3/2024 19:37

NYSE volume has surpassed LSE
volume again, hopefully it will
finish strongly

[blue square] 11/3/2024 18:55

Nice buying volume in NYSE, may
surpass LSE volume for the 4th
Time

[bulltradept] 11/3/2024 18:29

It's gonna be different now Steven, all these boat people will jump at the chance of working for the infidel £!

[stevensupertrader] 11/3/2024 09:48

Definitely she made some people rich by taking advantage of her capitalist policies 😂. In 1976 , I was living from hand to mouth and living in a porky room ( I remembered I paid just £8 per month ( now I
owned several houses in London) Anyone that didn’t enrich by her policy might not agree with her policies

[bulltradept] 11/3/2024 08:36

bountyhunter,

"but that policy decimated the stock of council houses available."

It did. What she should have done was ensure for every house sold, they'd build another 1.25 in its place to replace it.

Mind you, given the policy of allowing every scumbag from every 'stan country to come in and destroy us from within, not sure even she could foresee such a betrayal of the British.

[bountyhunter] 10/3/2024 20:55

Bazboa, that's pretty much what I said.

[2wild] 10/3/2024 19:55

99% certain Dividend maintained or even increased . DEc hedged up to eyeballs at high prices over next 10 quarters. Have received cash from £21 open offer and asset sale in last 13 months.