Diversified Energy Share Discussion Threads

[putinaire] 20/11/2024 09:48

Welcome all

'TO the grey period for DEC'

haha

[putinaire] 20/11/2024 09:45

Now the headlines look pretty , albeit, not the creation of the rise at all re above post

Now it's about to get priced in, isn't it? With normal market resumption

re 'true EPS' re-rates down etc, aggregate and so on

[putinaire] 20/11/2024 09:44

Short driven rise of course. But there is something the bulls have not yet highlighted here, and why shorts maintain DEC as No.1 on the short list

[putinaire] 20/11/2024 09:36

Shorters obviously had a bit of hope on that aspect hence the reduction they had to do

BUT...

Do you know?

[putinaire] 20/11/2024 09:35

'Cometh the Grey - Cometh the storm'

[putinaire] 20/11/2024 09:34

In August, MDN brought you up to speed on a lawsuit filed by several West Virginia landowners (turned into a class action) against Diversified Energy and EQT over EQT's sale of 11,350 conventional wells and 2.5 million acres of leases spread across several states, including West Virginia. The lawsuit claimed EQT had sold the wells and assets as a way of shirking its responsibility to plug old abandoned (no longer producing) wells, and that Diversified would not and could not live up to its responsibility to plug those wells. We have breaking news: Diversified and EQT have negotiated a settlement with the landowners with a proposed payout of up to $6.5 million.

.......

It did aid the breaking of prices, HOWEVER>......

[putinaire] 20/11/2024 09:32

I see DEC got away with a circa 7 million dollar settlement on that case. Problem is, on the books now for the future, as a pointer to 'norms'

[putinaire] 20/11/2024 09:31

Different sector tbf. But in essence, same principle re an offload shell for others dodging very expensive responsibilities

[putinaire] 20/11/2024 09:28

Very strange approaching 'The Grey' , aggregated UK/US funds revise down EPS outlook prices, and shorters reduce...

But i have seen it before....and it didnt bode well for bulls (bad news broke)

[someuwin] 20/11/2024 09:08

Tennyson...

Diversified Energy (BUY)

COAL MINE METHANE TRUMPS EARNINGS

"Diversified Energy (DEC LN) reported Q3 numbers last week, which were in-line with expectations and showed continued progress on its core business objectives. Adjusting our FY24-25 estimates for the results & latest gas prices delivers some minor tweaks (see Figure 1, below), but the general earnings picture is much as before. Our investment thesis on the stock continues to be underpinned by DEC’s stable FCF base which fuels ~US$1bn of organic debt reduction over the next five years, after paying dividends. On top of this, we see scope to unlock hidden value across the portfolio through undeveloped land sales and other initiatives, such as environmental credits linked to coal mine methane (CMM). Additionally, heighted M&A across the US oil & gas patch should see a steady stream of PDP assets hit the market, as sellers look to shed non-core acreage and reset their finances, leaving no doubt over DEC’s growth runway. We reiterate our BUY recommendation and £20/shr target price..."

[putinaire] 20/11/2024 08:47

IE it's loaners pay day time on that stock -

Strong Sell

[putinaire] 20/11/2024 08:46

The short reduction was a fair whack, but also was the buying for it - hence grey strike

Now its time for market resumption of old

[putinaire] 20/11/2024 08:42

Was a good open mind. Good for sellers

[putinaire] 20/11/2024 08:40

And so ....here we are....

Im sure at least 5% of you are in profit, and the rest got a good reduction on holdings losses

Ponder well....

You have just entered the dark verse today

[putinaire] 20/11/2024 08:39

Putinaire - 18 Nov 2024 - 20:42:30 - 4213 of 4240 DEC - LSE & NYSE - DEC

You can have a day off tomorrow. I believe some report imminent on cash, and I want to be sure i get a preview

Laters

[putinaire] 20/11/2024 08:39

Well none of us could short 1168, obviously. We had to hit the grey. Why you think i gave you all a day off?

[imnotspartacus] 20/11/2024 08:34

Here we go again!

[putinaire] 20/11/2024 08:32

Will let you know if double short circa 1168s or not

'The Greys had to be shorted'

Later

[putinaire] 20/11/2024 08:29

You worked so hard for it (across 5 billion social media channels)

'Don't yield it back now'

[putinaire] 20/11/2024 08:24

Not really a place to be trying to squeeze another buck out of it. May cost you 600

[putinaire] 20/11/2024 08:21

PS this is a natural retrace at least. You may as well all sell and come back another day

[putinaire] 20/11/2024 08:19

Good morning all. well done. Came to the grey zone

It's all over now

Only question really is whether to double down grey short, at 1168 or simply hold

[drk1] 20/11/2024 07:54

Both Wellington and JP Morgan reduced their short positions to below 0.5% (good riddance) on the 18th, meaning c6.69% remain including the two idiot funds that added into this rise and must be well down as we speak! Level playing field getting closer by the day.

[owenski] 20/11/2024 07:53

Short reduction chart going off a cliff.

[imnotspartacus] 19/11/2024 22:51

Shorts must be under immense pressure now.