Diversified Energy Share Discussion Threads

[mondex] 16/7/2024 14:32

Gary,

Read the Oakbloke:

hxxps://substack.com/home/post/p-146478211

It is important to remember that the nature of oil & gas requires reserves replacement just to stand still, let alone grow the business. DEC drills very few wells so they need to acquire production for growth. This will not change. They will continue to buy producing properties every year to offset decline &, hopefully, increase production & revenue. This requires debt. As long as DEC manages this correctly it is a good business plan.

[bluemango] 16/7/2024 12:54

Exactly.

Sustainable implies minimum they can afford. So it's under their discretion to increase if they think the business will support it.

[gary1966] 16/7/2024 12:51

This is what was said:

This fixed quarterly dividend payment will be sustainable for at least three years.

It will be interesting to see if the $200m debt repayment that was promised along side the dividend cut will materialise.

[bluemango] 16/7/2024 12:33

I can't remember the exact wording, but I think they implied the new dividend would have a floor/minimum for next three years, not that it couldn't go up.

[gary1966] 16/7/2024 12:29

No change to the dividend for 3 years, the company said this when the divi was rebased.

Shame that the rebasing doesn't appear to be freeing up cash for acquisitions. This time dilution and yet more debt.

[oneillshaun] 16/7/2024 11:47

Love this lol

[renewed1] 16/7/2024 11:02

Yes if Rusty wants to crucify the shorts ..just raise the divi 10%.

[aleman] 16/7/2024 08:15

Have we got a date for the interims? Should be in about 2 weeks.

[tsmith2] 16/7/2024 00:37

Arrowstreet about to get burnt? hope so

[bountyhunter] 15/7/2024 17:05

Heading towards $16 in New York which would be around the highest level since the start of the year. Looking for melting shorts ;-)

[skinny] 15/7/2024 16:56

And with decent volume :-


free stock charts from uk.advfn.com

[bluemango] 15/7/2024 15:24

Through 12 quid.

About time!

[mindthestash] 12/7/2024 10:01

Nice to positive movement but I think still short of breakout territory for me ahead of H2 rssults.
Not sure why share purchases seem to be a predictable 3,750/day?
Hardly enough to swing momentum?
Earlier posts talked of limits on NYSE but surely the RNS we receive in UK is just UK transaction?

Others might know what's going on share purchase wise in US jurisdiction?
Many thanks

[tsmith2] 12/7/2024 09:00

first target for me £15

[this_is_me] 12/7/2024 08:45

That looks like a breakout from the recent trading range.

[bountyhunter] 12/7/2024 07:30

Further investor presentations are planned in North America:

Diversified Energy Company PLC (LSE:DEC; NYSE:DEC) ("Diversified" or the "Company") announces plans for members of its management team to participate in the following upcoming investor meetings and conferences:

• Mizuho Investor Meetings- Wednesday, July 17th, Toronto

Brad Gray (CFO) and Douglas Kris (SVP-IR & Corporate Communications)



• Truist Energy Event- Monday, August 19th, Denver

Brad Gray (CFO) and Douglas Kris (SVP- IR & Corporate Communications)



• EnerCom Conference- Tuesday, August 20th & Wednesday, August 21st, Denver

Brad Gray (CFO) and Douglas Kris (SVP-IR & Corporate Communications)



• Midwest IDEAS Conference- Thursday, August 29th, Chicago

Douglas Kris (SVP-IR & Corporate Communications) and Wren Smith (Senior Manager-IR)

[bazboa] 12/7/2024 06:56

Good video, thank you

[justiceforthemany] 11/7/2024 22:40

Video. Strong finish in US.

[bountyhunter] 11/7/2024 19:56

JPM and Voleon have both reduced their short positions this week, is the tide finally turning?
There could be quite a spike if others follow suit.

[rik shaw] 11/7/2024 17:49

ii 15% in ISA also

[bagpuss67] 11/7/2024 17:37

HL just took 15% in my ISA.

[grahamg8] 11/7/2024 17:22

loganair, in SIPP no tax, in ISA 15%. Change brokers?

[tsmith2] 11/7/2024 16:28

looks like another v smart deal