Diversified Energy Company PLC (DEC.L) Research

Diversified Energy Company PLC functions as an independent owner and operator primarily focused on natural gas and oil production wells within the Appalachian Basin of the United States. The company's operations encompass the full spectrum of activities, from the extraction to the marketing and transportation, of natural gas, natural gas liquids, crude oil, and condensates. Its extensive portfolio comprises approximately 67,000 conventional and unconventional wells producing natural gas, natural gas liquids, and oil, complemented by around 17,000 miles of natural gas gathering pipelines. These assets are strategically located across the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. Originally known as Diversified Gas & Oil PLC, the company adopted its current name, Diversified Energy Company PLC, in May 2021. Founded in 2001, it maintains its corporate headquarters in Birmingham, Alabama.

Market snapshot

Symbol
DEC.L
Price
$986
Day change
+1.75%
Market cap
$940.2M
P/E ratio
2.78x
52-week range
917.5-1430
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 1 month

Recent news

  • Diversified Energy Company sustainability report highlights “responsible stewardship and strong returns in harmony"

    Diversified Energy Company PLC (LSE:DEC, NYSE:DEC, FRA:DG20) said its operations have contributed about US$5 billion to state GDPs across its operating area...

  • Dow declines as Wall Street consolidates near all-time highs with April jobs due

    4:15pm: Markets pause after rally US stocks eased back from record levels on Thursday as investors took a breather following the previous session’s strong...

  • FTSE 100 Live: Stocks slide, led by BAE and Centrica, while JD Sports rebounds

    FTSE 100 falls 116 points to 10,322 Markets await response from Iran to US peace proposal Shell, BAE Systems, JD Sport, Hiscox, Centrica, Helios, M&G report...

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