Diversified Energy Share Discussion Threads

[spangle93] 19/8/2024 08:59

Short interview with Rusty

[kaos3] 19/8/2024 07:06

why i added ... because it is low traction season for ng prices and general stock market liquidity. shorters know this and are probably helping driving the share price lower...

[pogue] 17/8/2024 18:16

To give you an idea of the size of the unplugged wells problem and even plugged ones in Texas. Can see why they maybe getting a bit techy about DEC closing wells. The fact teey are taking ownership of the isse though should give them some slack you would have thought as most are abandoned....



Zombie Wells: A $280 Billion Problem the U.S. Can't Ignore
By Haley Zaremba - Aug 16, 2024, 6:00 PM CDT
Millions of abandoned oil and gas wells in the US pose a serious environmental and public health risk.
The Bipartisan Infrastructure Law allocates $4.7 billion to address the issue, but the estimated cleanup cost is $280 billion.
In Texas, increased underground pressure from wastewater injection linked to fracking may be causing previously plugged wells to reopen.............

[kaos3] 17/8/2024 04:56

ming ... interesting

i am buying for the long term, so few per cent going down does not get me bothered

i consider it good value with the NG price being the main future value driver

[ming da merciless] 16/8/2024 19:49

UK is worse actually

Anyway see how goes. Not bothered commenting here again

[ming da merciless] 16/8/2024 19:47

That's US listing. Not looked at UK listing as I can't be bothered with those most of the time

[ming da merciless] 16/8/2024 19:45

The weekly is a total knut with the recent high at 6D

[ming da merciless] 16/8/2024 19:43

The current issue is that the month has currently already formed 2 divergences. And in monthly terms, its always 2 that cause the monthly swings here albeit Nov 22 was 3
So fair enough re the month isnt closed. But is a warning for now not be be buying when its so negative to its previous month at the mo

[ming da merciless] 16/8/2024 19:36

Only need to mince them another 100 days in a row

Old adage...heavy shorted, don't buy below previous month close or in this case open will do

[bountyhunter] 16/8/2024 18:56

US mincing shorts today.

[ming da merciless] 16/8/2024 16:38

US going to mince it to bits

[kaos3] 16/8/2024 16:31

TA -
why I bought

[bountyhunter] 16/8/2024 12:03

Even IC can right a decent article..

Investor Chronicle

Diversified Energy keeps up acquisition momentum

...Even with the dividend cut, Diversified offers plenty for income investors. Stifel has set a price target of 2,750p, which we think is extravagant given the high gearing, but some upside should be possible. Buy.

[kaos3] 16/8/2024 08:47

added

old bloak did great article .. to me the main point was taking out just accounting valuation (not real) effects of hedging

net profit after tax comes out cca 200 m usd equals 160 m gpb profits equals 3 years profits is current mc all cca rough calc

i also thought about hedging counterparty risks ... which is (how stupid i am) not a risk - as it is non financial exercise.

if counterparties go bust - we do not deliver our gas ... so very limited risk

completely different to speculations without real business of delivery behind it

[justiceforthemany] 15/8/2024 18:03

Well the analyst remains super impressed, pity the share price and shorters don't agree.


Is this behaving like a 'must have' stock?

[t 34] 15/8/2024 17:45

This is very bad, unreliable journalism .

[bountyhunter] 15/8/2024 16:05

Some lazy embittered headline writer has changed one word in their March piece, probably a shorter or influenced by them, best ignored!

Spot the difference between today's nonsense and that in March, which at least had some relevance 4 months ago!





Talk about rehashing old news/headlines! Laziness or ignorance, or malice.

[this_is_me] 15/8/2024 15:49

Who actually wrote that dividend headline and why?

[bluemango] 15/8/2024 15:37

You know as well as I do that anyone glancing at a headline saying 'slashed dividend' might, if they didn't know better or check for themselves, assume it was referring to the current payout rather than an historical event. If they've been paying the same amount (29c) for the last three quarters now, that's not the current level slashed but a maintain. It's just lazy and misleading reporting.