Diversified Gas & Oil Share Discussion Threads

[fardels bear] 31/10/2020 20:34

Love this, but is there any chance it's too good to be true?

[lord gnome] 30/10/2020 16:53

Interview with the man who runs the shop. Worth a few minutes of your time. Not sure about the interviewer, but Rusty comes across as very measured and a genuine sort of chap with good values.

[pro_s2009] 30/10/2020 15:41

Cenkos update on DGOC in the link below, PDF file:



.

[lab305] 29/10/2020 22:19

Malcy's blog today.

hxxps://www.malcysblog.com/2020/10/oil-price-genel-dgo-sound-and-finally/


"I reiterate that I think that the DGO models works well, whether in this energy environment or perhaps better in the years to come, slightly hinted at by the rising gas price which I am as readers know looking at in terms of the upcoming new Bucket List. In this respect and with excellent management DGO ticks all of the boxes and should be a high yielding cornerstone of any portfolio."

[timchecco] 29/10/2020 13:02

Rusty almost literaly said that he will acquire more assets in the next few months.

Maybe even before the end of the year.

EXCITED! And regretful not to have bought more at 104. Think we will be heading towards 110+ levels. And if not, I will buy all sellers stock below 105!

[lab305] 29/10/2020 12:51

Rusty interview.

Change the X to t

htXps://tinyurl.com/y62qwcfb

[simplemilltownboy] 29/10/2020 09:07

Superb update, Henry hub at 3.25 aswell. Hopefully the share price will start an upward trend however won't be surprised if it doesn't. GLA looking forward to the acquisition.

[dunderheed] 29/10/2020 08:52

Agree but I really do not think this is their future focus now, imho.
Also based upon recent rns statements it certainly was not too much to chew, just not in their remit, again imho.
Perhaps clarification will be commented on in upcoming presentations.

[lab305] 29/10/2020 08:44

Well they bought shale assets before . Do your homework fgs!!

Diversified Gas & Oil Completes $400M Acquisition; Provides Hedging Update :: Diversified Gas & Oil PLC (DGOC)
23 Apr 2019 — Acquisition Expands Portfolio of Mature Unconventional Marcellus Shale Wells ... natural gas liquids, oil wells and midstream assets in the Appalachian Basin, today announced the completed acquisition .

[dunderheed] 29/10/2020 08:11

They're not shale investors / operators fgs!!

[lab305] 29/10/2020 08:08

Too big to swallow .

- EQT Corp. agreed to buy Chevron Corp.’s Appalachian shale assets for $735 million as the biggest producer of U.S. natural gas takes advantage of an industry slump to expand.

The transaction is expected to close by the end of the year, EQT said in a statement on Tuesday. Chevron has been trying to unload its Appalachian gas holdings since late 2019, when it recorded an $11 billion writedown for that asset and others amid a swelling domestic gas glut and cratering prices for the furnace and power-plant fuel.

[mo2550] 29/10/2020 08:00

Nice positive reaction

[lab305] 29/10/2020 07:43

Yes genuinely excellent update indeed. Will the market finally catch on ?


Now paying 10% after withholding tax.

[timchecco] 29/10/2020 07:41

Great news. Looking forward to 2021. Although increased HH prices are good for DGOC, they are good for competitors as well. Would like to remain at low levels to be honest so we can acquire cheap assets.

Next year looks very promising anyway!

[pro_s2009] 29/10/2020 07:34

Excellent !!!!

[yellowstoneadvisory] 29/10/2020 07:26

couldnt have asked for any more. to hear mgmt first hand there is a webinar at 1pm on 3 Nov. Register
hxxps://us02web.zoom.us/webinar/register/1516034432556/WN_x4OiPSCbRXKoXIamT6sAqg

[lord gnome] 29/10/2020 07:24

The gift that keeps on giving.

[tim000] 29/10/2020 07:12

Superb results for Q3, increased hedging for 2021, and a 4c per quarter dividend next year! Brilliant!

[mo2550] 29/10/2020 07:10

:-) two rns - great read

[timchecco] 28/10/2020 18:07

Tomorrow Q3 results if I’m not mistaken. Will they be released pre opening or after close?

What are the expectations?

[lab305] 26/10/2020 17:40

Timchecco my thoughts exactly without all the excuses. Every man and his dog have tipped the share and FTSE250 funds should have been buying. This share has now underperformed for eighteen months.
The dividend is good and gas prices have risen strongly and yet we have a non-stop stream of selling. Just look at this morning's trades . WHY ?