I think Stifel have a 3000 target on these, that is some upside. |
They can probably sell fixed interest at 7% and possibly less. |
10% buy back commencing soon? |
Never a dull moment with DEC. Buy back and commercial bond fund raising announced on the same day. Dividends are costing just under 9%pa at the moment so borrowing at any interest rate below this would work. Other benefits may be more important however; fire power to fight off the shorters, and a cash pile ready for the next deal. Let's see what the market thinks when it opens. |
So the recent share issue was only available in the US
the share buyback is only available in the UK
Anyone see a pattern here? |
The Company will pay the Q3 2024 Dividend on March 31, 2025 to those shareholders on the register on February 28, 2025.
The Company announces that shareholders who have elected to receive their dividends in GBP sterling will receive an equivalent dividend payment of 22.241p
Header updated. |
"Diversified Energy outlines $420M free cash flow for 2025 with accretive acquisitions”
Earnings call insights |
Results
Diversified Energy Company PLC (DEC) Q4 2024 Earnings Call Transcript
Diversified Energy Company PLC 2024 Q4 - Results - Earnings Call Presentation |
Still a buy at current price around 1000p? looks undervalued to me! |
Shorts were above 9% not that long ago, now down to sub 1%
Arrowstreet increased on the 6th March and then a week later reduce. Just a bunch of chancers trying it on. I don't think many of the short positions actually made money, they lost money on this.
Looks like some tentative support here now that the deal is done and results are out. |
Watch the presentation.
Only 3% of the 10% buy back allocation has been used so far.
Free cash flow comfortably covers the 9% dividend. |
Yep, now that the uncertainty created by the latest acquisition is now out of the way and the latest results demonstrate that DEC continues to hit their high cash margin and can manage their debt hopefully the share price will continue to improve past the £14 mark.
Onwards and upwards! |
Amazing how this motored today on relatively low volumes. Looking up! |
Where's the dictator today?
Mute.
Silenced. |
10% decline rate confirmed, EBITDA margin 51%. This is a very stable business generating reliable cash flow through the hedging policy. The only downside I could find was (due to Maverick purchase) the debt multiple was now 2.9x compared to a target of 2.0-2.5x. I'm sure Rusty has a plan to sort that little fly out. |
Just one shorter left and they reduced last Friday: |
"Recommend a final quarterly dividend of $0.29 per share"
I'll pencil that in to the header albeit the dates haven't yet been confirmed but probably in line with last year. |
Cant say I understand their accounts but the market certainly seems happy!!!! |
Apart from Musk lol 😉
But Trump more than counterbalances that with his 'drill baby drill'! |
first glance
- fixed divi stressed again
- good margins maintained
- good quantities produced
- superb cash generation
as long as they keep the superb margins and keep growing at such margins with the cost of capital being significantly lower .... it makes sense .... as long as they can operationally keep up with the growth. some pause would be wellcome.
presentation
p6 - summit enables the access via new pipeline to the better pricing - smart move
huge margin of safety regarding low decline rate and undeveloped area and high operating margin and low capex needed - compared to all the rest
without geological risk
lol lol |
Final results are out! |
Sheedy and all his usernames been very quiet here of late. Just like he was in RR when that rallied hard Absolute loser |
A dividend rise would certainly confound the sceptics but I'm not expecting that given the current yield of 9.8%. For me a strong outlook is key and I would like to see some new hedges locking in the higher gas price. |
It needs a very strong update today, hopefully a little rise in the dividend |
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