Diversified Energy Share Discussion Threads

[fordtin] 18/3/2024 19:11

bluemango, re "But even if halved it would still be a very decent yield,"
I have to disagree with you there. Having been a shareholder for a couple of years, the dividend I receive is nowhere near the dividend yield recent investors get.
Halving the dividend would be a very strong sell signal for me.

[bluemango] 18/3/2024 19:01

Not sure anyone really has a clue what tomorrow brings, but at least it will be good to remove some of the uncertainty that's plagued this company recently.

Sustained dividend or halved? Who knows. But even if halved it would still be a very decent yield, which should limit any further downside.

[fordtin] 18/3/2024 18:55

Results tomorrow and the five day qualifying period for tender offer starts Wednesday.

Anyone care to predict how tomorrow and the following five trading days will play out?

[bountyhunter] 18/3/2024 18:48

A big day tomorrow with results due, 7am GMT?

[gonsan] 18/3/2024 12:04

I can not wait for the conference call tomorrow. Sustainability of Dividends is the key for me!

[justiceforthemany] 18/3/2024 11:06

Oil and nat gas spiking, +6%

[blue square] 17/3/2024 18:12

Or sell a couple of days before
Ex divi day and buy back on ex divi
day, this time you could sold for
£10 and bought back for around £9.20p

[2wild] 17/3/2024 18:04

Or open a SIPP and have previously paid income tax returned and Zero withholding tax as well.

[apollocreed1] 17/3/2024 12:33

By the way, it may help some people to know that if you buy and hold your DEC shares with a spreadbetting company called BUX Markets, and you fully fund the position (i.e don't choose the leverage option), then they pay the dividends fully without deducting any withholding tax. All other gains are tax free since it's spreadbetting. Your only cost is the spread between the buy and sell price which is quite reasonable.
Note that IG index did pay the dividend net of withholding tax in their spread betting account, so it depends upon the platform you use.

[bountyhunter] 17/3/2024 12:29

No surprise it's Bloomberg.

[apollocreed1] 17/3/2024 12:27

Maybe relevant to DEC

[bountyhunter] 17/3/2024 11:04

I hope the AI closes their positions if there's nothing negative in the results! ;-)

[fordtin] 17/3/2024 09:00

bh, Their recent reporting history suggests they are actively trading DEC.

It's possible their net short position has been up and down numerous times within the bounds of 1.0% and 1.0999% between the 08/3/24 and 14/3/24.

As the reporting requirement is for the end of day position, they could even have been swing trading intraday above 1.1% and below 1.0%. Provided they’re back within those glass walls by close of day’s trading, they are under no obligation to report a change.

I doubt they have a human constantly monitoring DEC’s share price, but AI trading could be involved.

If you like conspiracy theories, 5 or 6 short-sellers with a common interest Etc. Etc.

[bountyhunter] 16/3/2024 15:51

So Walleye have decreased their short by 0.02% on March 14th.

[fordtin] 16/3/2024 12:54

Walleye playing games again;



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




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


 
 
 
 
 
 
 
 


14/03/24
0.66
0.51
0.51
1.01
0.98
 
3.67


08/03/24
0.66
0.51
0.51
1.01
1.00
 
3.69


05/03/24
0.66
0.51
0.51
1.01
0.94
 
3.63


04/03/24
0.66
0.51
0.51
1.01
0.82
 
3.51


04/03/24
0.66
0.51
0.51
0.92
0.70
 
3.30


26/02/24
0.66
0.51
0.51
0.92
0.70
 
3.30


16/02/24
0.66
0.51
0.51
0.80
0.70
 
3.18


14/02/24
0.66
0.51
0.51
0.70
0.70
 
3.08


13/02/24
0.66
0.51
 
0.70
0.70
 
2.57


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
 
2.30


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
0.66


14/12/23
0.66
 
 
 
 
0.61
0.66

[2wild] 16/3/2024 11:35

bountyhunter post 1573. Long time since DEC traded at 10% yield. Probably at 144p peak. £28.80 with strong US Natural Gas above 8 USD.

DEC now up 15% including 58p Ex Dividend in last month.

[bountyhunter] 16/3/2024 11:00

Not if you include the dividend of 87.5c

[imnotspartacus] 15/3/2024 23:47

job's comforter

[stevensupertrader] 15/3/2024 21:29

NYSE DEC closed at the lowest $11.60 since listed .

[bountyhunter] 15/3/2024 18:41

As expected will be good enough, no rabbits are necessary assuming that the dividend is maintained. They just need to avoid pulling a frog out of the hat! Even if they do signal a dividend cut at some point we are at a 30% yield currently and even before the shorters attack it was about 10%. I'm not expecting that though or there would be no point having the tender offer immediately after the results.

[justiceforthemany] 15/3/2024 17:32

Pretty much the last chance saloon for Rusty & Co
Needs to pull a rabbit out of the hat.
Board need to work hard over the weekend.

[bountyhunter] 15/3/2024 12:09

Results due on Tuesday.

19/3/24: 2023 Annual Results and Conference Call

[stevensupertrader] 14/3/2024 16:19

DEC seems to have lost all the momentum in NYSE till result on 19th March . What a sad stage of affair . I have all my fingers and toes crossed 😞

[justiceforthemany] 14/3/2024 16:11

Nat gas spiking.

[mondex] 14/3/2024 14:38

US gas drillers opt to defer wells amid weak prices, glut

A weak price environment and oversupply are prompting several US natural gas producers, including Chesapeake Energy and CNX Resources, to delay new well completions and turn-in-lines until market conditions improve, while continuing to expand their drilled-but-uncompleted well inventories. The strategy is likely meant to synchronize production additions with the anticipated increase in liquefied natural gas demand, analysts say.
Full Story: S&P Global (3/13)