Diversified Energy (LON:DEC) Trading Up 6.2%

Diversified Energy Company PLC (LON:DEC)’s share price was up 6.2% on Thursday . The company traded as high as GBX 955 ($12.07) and last traded at GBX 948 ($11.98). Approximately 348,720 shares were traded during mid-day trading, a decline of 9% from the average daily volume of 384,690 shares. The stock had previously closed at GBX 892.50 ($11.28).

Diversified Energy Stock Performance

The company has a market cap of £451.06 million, a price-to-earnings ratio of 75.66, a P/E/G ratio of -0.32 and a beta of 0.16. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 218.54. The stock’s fifty day simple moving average is GBX 925.03 and its 200 day simple moving average is GBX 618.61.

Diversified Energy Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, February 29th will be issued a $0.04 dividend. The ex-dividend date is Thursday, February 29th. This represents a yield of 4.96%. Diversified Energy’s payout ratio is 726.26%.

Diversified Energy Company Profile

Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates.