Truist Securities Maintains Buy on Diversified Energy, Raises Price Target to $20
$DEC
Truist Securities analyst Bertrand Donnes maintains Diversified Energy (NYSE:DEC) with a Buy and raises the price target from $18 to $20.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/28/2024 | $18.00 | Overweight | KeyBanc Capital Markets |
| 6/25/2024 | $18.00 | Buy | Truist |
6-K - Diversified Energy Co PLC (0001922446) (Filer)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
EFFECT - Diversified Energy Co PLC (0001922446) (Filer)
Continued Focus on Debt Repayments & Additional Undeveloped Land SalesExpanding Value Creation with Revenue from Coal Mine Methane Environmental CreditsBIRMINGHAM, AL / ACCESSWIRE / November 12, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) is pleased to announce the following operations and trading update for the quarter ended September 30, 2024.Delivering Reliable ResultsRecorded average 3Q24 production of 829 MMcfepd (138 Mboepd)September 2024 exit rate of 851 MMcfepd (142 Mboepd)Operating Cash Flow of $102 million, and Net loss of $1 million inclusive of non-cash unsettled derivative adjustments, and non-cash depreciation, depletion and amortizationAchieved 3Q24 Adjusted EBIT
BIRMINGHAM, AL / ACCESSWIRE / November 12, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or "the Company") is pleased to announce that the Board has declared an interim dividend of 29 cents per share in respect of 3Q24 for the three month period ended September 30, 2024.Key dates related to this dividend include:Record Date: February 28, 2025Payment Date: March 31, 2025Default Currency: US DollarCurrency Election Option: SterlingLast Date for Currency Election: March 7, 2025Diversified will pay the dividend in U.S. dollars while continuing to make available to shareholders a sterling election. For those shareholders who wish to receive their dividend payment in ste
BIRMINGHAM, AL / ACCESSWIRE / October 31, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce that the Company plans to publish its Trading Statement for the three months ended September 30, 2024 (the "3Q24Trading Statement") on Tuesday, November 12, 2024. The Company will host a conference call that day at 1:00 PM GMT (8:00 AM EST) to discuss the 3Q24Trading Statement and will make an audio replay of the event available shortly thereafter.Conference DetailsUS (toll-free)+1 877 836 0271UK (toll-free)+44 (0)800 756 3429Web Audiohttps://www.div.energy/news-events/ir-calendareventsReplay Informationhttps://ir.div.energy/financial-inf
A Broader Audience of Investors is Expected to Expand our Shareholder Base and Enhance Trading Liquidity BIRMINGHAM, AL / ACCESSWIRE / May 29, 2024 / Diversified Energy Company PLC (LSE:DEC);(NYSE:DEC) ("Diversified" or the "Company") today announced that as part of the annual reconstitution of the Russell stock indexes, Diversified is to be included in the Russell 2000® Index effective at the open of US equity markets on Monday, July 1st, 2024 according to the preliminary list of additions posted on Friday, May 24th, 2024.Rusty Hutson, Jr., CEO of Diversified, commented:"We are excited to join the Russell 2000® Index and increase our exposure to the US investment community, particularly fol
SC 13G/A - Diversified Energy Co PLC (0001922446) (Subject)
SC 13G - Diversified Energy Co PLC (0001922446) (Subject)
SC 13G - Diversified Energy Co PLC (0001922446) (Subject)
BIRMINGHAM, AL / ACCESSWIRE / November 19, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces members of its management team, including Rusty Hutson (Founder & CEO), Brad Gray (President & CFO) and Douglas Kris (SVP-IR & Corporate Communications) will participate in the following upcoming investor meetings and conferences:Southwest IDEAS Conference- Wednesday, November 20th, DallasStephens Annual Investment Conference- Thursday, November 21st, NashvilleReuters Energy Transition North America- Thursday, December 5th, HoustonMizuho Energy, Power & Infrastructure Conference- Tuesday, December 10th, New YorkTruist Energy Event- Tuesday, December
Continued Focus on Debt Repayments & Additional Undeveloped Land SalesExpanding Value Creation with Revenue from Coal Mine Methane Environmental CreditsBIRMINGHAM, AL / ACCESSWIRE / November 12, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) is pleased to announce the following operations and trading update for the quarter ended September 30, 2024.Delivering Reliable ResultsRecorded average 3Q24 production of 829 MMcfepd (138 Mboepd)September 2024 exit rate of 851 MMcfepd (142 Mboepd)Operating Cash Flow of $102 million, and Net loss of $1 million inclusive of non-cash unsettled derivative adjustments, and non-cash depreciation, depletion and amortizationAchieved 3Q24 Adjusted EBIT
BIRMINGHAM, AL / ACCESSWIRE / November 12, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or "the Company") is pleased to announce that the Board has declared an interim dividend of 29 cents per share in respect of 3Q24 for the three month period ended September 30, 2024.Key dates related to this dividend include:Record Date: February 28, 2025Payment Date: March 31, 2025Default Currency: US DollarCurrency Election Option: SterlingLast Date for Currency Election: March 7, 2025Diversified will pay the dividend in U.S. dollars while continuing to make available to shareholders a sterling election. For those shareholders who wish to receive their dividend payment in ste
KeyBanc Capital Markets initiated coverage of Diversified Energy Company plc with a rating of Overweight and set a new price target of $18.00
Truist initiated coverage of Diversified Energy Company plc with a rating of Buy and set a new price target of $18.00
Truist Securities analyst Bertrand Donnes maintains Diversified Energy (NYSE:DEC) with a Buy and raises the price target from $18 to $20.
Earlier this month, Diversified Energy Company PLC (NYSE:DEC) completed the acquisition of certain assets of Oaktree Capital Management. The stock price represents "an attractive entry point," given the company's high free cash flow yield, fixed dividend, and upcoming addition to the Russell 2000, according to Truist Securities. The Diversified Energy Company Analyst: Bertrand Donnes initiated coverage of Diversified Energy Company with a Buy rating and price target of $18. The Diversified Energy Company Thesis: The company has a track record of shareholder returns and is now trading on both the NYSE (New York Stock Exchange) and LSE (London Stock Exchange), Donnes said in the initi
Truist Securities analyst Bertrand Donnes initiates coverage on Diversified Energy (NYSE:DEC) with a Buy rating and announces Price Target of $18.