David Edward Johnson Purchases 1,250 Shares of Diversified Energy Company PLC (LON:DEC) Stock

Diversified Energy Company PLC (LON:DEC) insider David Edward Johnson bought 1,250 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The stock was purchased at an average price of GBX 1,020 ($13.17) per share, with a total value of £12,750 ($16,462.23).

Diversified Energy Trading Down 1.8 %

LON DEC opened at GBX 1,039 ($13.42) on Friday. Diversified Energy Company PLC has a 12 month low of GBX 818.50 ($10.57) and a 12 month high of GBX 1,427 ($18.42). The company has a debt-to-equity ratio of 316.76, a current ratio of 0.44 and a quick ratio of 0.37. The company has a market capitalization of £662.59 million, a price-to-earnings ratio of 4.30, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The company’s fifty day moving average price is GBX 1,184.69 and its two-hundred day moving average price is GBX 1,103.03.

Diversified Energy Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, May 29th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a dividend yield of 2.22%. Diversified Energy’s dividend payout ratio (DPR) is 37.23%.

Diversified Energy Company Profile

Diversified Energy Company (DEC) is focused on acquiring and enhancing onshore gas and oil producing assets and related midstream properties in the United States. Our primary and historical area of operations are within the prolific Appalachian Basin, with additional operations in the states of Louisiana, Oklahoma and Texas announced with our entry to that region in 2021.