Diversified Energy Share Discussion Threads

[bountyhunter] 18/4/2024 06:31

17/04/2024:
Another 3,750 shares bought back @£11.10 for cancellation.

[leoneobull] 18/4/2024 06:12

Nobody could accuse dec of manipulation the so at this paltry rate. Hardly worth issuing an RNS for a 35ks buy each time!

[elpirata] 17/4/2024 11:18

At Voleon, we approach investment management through the prism of machine learning, applying flexible statistical models to the problem of financial prediction. Our innovations in machine learning serve as the cornerstone for our success in applying rigorous data-driven techniques to financial markets

ie its just a trading bot clueless about the capital reallocation structure & ESG. Good luck with that one!

[drk1] 17/4/2024 07:01

and quite remarkably, Voleon Capitol have increased their short position. Now at least 5% of stock out on loan for shorting.

[bountyhunter] 17/4/2024 06:51

16/04/2024:

Another 3,750 shares bought back @£10.95 for cancellation.

[leoneobull] 17/4/2024 04:09

Doubling of fcf estimates as a result of recent updates in their model. Cynics might day of course, they cut dividend 2/3rds, but if balance sheet improves, so will sp

[leoneobull] 17/4/2024 04:05

Peel Hunt's Matt Cooper analyses recent results. FCF was ahead of their expectations and future interest payments expected to be lower, with a better balance sheet.From 2 days ago. https://www.directorstalkinterviews.com/diversified-energy-company-receives-positive-model-update-by-peel-hunt-video/4121151530

[bountyhunter] 16/4/2024 21:11

Tomorrow:

• Bank of America Investor Meetings- Wednesday, April 17th, New York City
Rusty Hutson (CEO), Brad Gray (CFO) and Douglas Kris (SVP- IR & Corporate Communications)

[bountyhunter] 16/4/2024 06:46

15/04/2024:

3,750 shares bought back @£10.97 for cancellation

[bountyhunter] 15/4/2024 21:25

bluemango, I added the tbc for the reasons you mentioned so probably they are just estimated dates (from dividend max) but as has been mentioned the amount has been confirmed.

[scrwal] 15/4/2024 21:09

The dividend is "sustainable" for the next three years so there is no guarantee it increases - it's also called a fixed dividend which implies it stays at 29c/qtr over the three years.
Whether it increases after the three years is unknown and should the company for whatever reason think it isn't sustainable then it will be cut.

[leoneobull] 15/4/2024 19:26

US investor roadshow recommences Wednesday..

[lorse] 15/4/2024 16:55

Dividend Data isn't including DEC at the moment.

[bluemango] 15/4/2024 13:07

Thanks bountyhunter. I note they state TBC. I'm still curious where dividendMax or anyone else is getting these dates as I haven't been able to find it in official documents such as the company website or RNS.

Yes elpirata, they said 'next three years' for the quarterly 29c (assume that's a minimum and they could increase it if financials allowed?)

[bountyhunter] 15/4/2024 12:59

The divi info is at the top of the header.

[elpirata] 15/4/2024 12:40

3 years I think Cassini, & as you say in favour of rapidly accelerated pay down of debt & no further need to call on the RCF. Its apparantly modelled in the new Peel Hunt note but I dont have access.

[cassini] 15/4/2024 12:30

The divi was frozen at that level for the next 2 years in the 'capital reallocation' RNS - if I recall correctly.

[bluemango] 15/4/2024 12:18

Thanks. Can you say where you found that info? And do you have the ex-div date?

Edit: I've found that date on DividendMax, with an ex-div date 23 May, but can't see it anywhere else including company website and RNSs.

[oneillshaun] 15/4/2024 12:02

0.29 cents payable 28th June

[bluemango] 15/4/2024 10:31

Advice please - am I right in saying that we don't yet have a declared Q4 dividend, payable June, with ex-dividend date etc, just a recommended dividend of 29c in June but no firm dates?

[drk1] 15/4/2024 09:21

@Stevensupertrader - LOLOL! (do we have a proof reader in the house?) ;-)

[stevensupertrader] 15/4/2024 08:47

SP. is dropping due to oil and natural gas prices are falling as Israel decision to retaliate at its time of choosing to attach Iran may not be soon or even might not go ahead due to US not supporting it plus global opinion has shifted .