Diversified Energy Company PLC (LON:DEC) Insider David Edward Johnson Buys 1,250 Shares

Diversified Energy Company PLC (LON:DEC) insider David Edward Johnson bought 1,250 shares of the business’s stock in a transaction that occurred on Tuesday, March 18th. The stock was purchased at an average cost of GBX 1,020 ($13.23) per share, for a total transaction of £12,750 ($16,532.68).

Diversified Energy Trading Up 6.2 %

Shares of DEC opened at GBX 1,058 ($13.72) on Friday. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 316.76. The firm has a market capitalization of £674.70 million, a P/E ratio of 4.38, a price-to-earnings-growth ratio of -0.32 and a beta of 0.19. The stock’s fifty day simple moving average is GBX 1,191.11 and its 200 day simple moving average is GBX 1,103.48. Diversified Energy Company PLC has a twelve month low of GBX 818.50 ($10.61) and a twelve month high of GBX 1,427 ($18.50).

Diversified Energy Dividend Announcement

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

About Diversified Energy

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.