Diversified Energy Company PLC (LON:DEC) Insider Martin Keith Thomas Buys 700 Shares of Stock

Diversified Energy Company PLC (LON:DEC) insider Martin Keith Thomas bought 700 shares of the company’s stock in a transaction on Thursday, March 20th. The stock was purchased at an average cost of GBX 1,060 ($13.69) per share, for a total transaction of £7,420 ($9,580.37).

Diversified Energy Stock Performance

Shares of LON DEC opened at GBX 1,039 ($13.42) on Friday. The company has a debt-to-equity ratio of 316.76, a quick ratio of 0.37 and a current ratio of 0.44. The firm has a market cap of £662.59 million, a price-to-earnings ratio of 4.30, a P/E/G ratio of -0.32 and a beta of 0.19. The business’s 50-day simple moving average is GBX 1,184.69 and its 200-day simple moving average is GBX 1,103.03. Diversified Energy Company PLC has a 52 week low of GBX 818.50 ($10.57) and a 52 week high of GBX 1,427 ($18.42).

Diversified Energy Announces Dividend

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