Diversified Energy (NYSE:DEC) Shares Gap Down to $12.54

Shares of Diversified Energy Company PLC (NYSE:DECGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $12.54, but opened at $12.21. Diversified Energy shares last traded at $12.28, with a volume of 97,242 shares.

Diversified Energy Price Performance

The stock has a fifty day moving average price of $11.97.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DEC. M&G Investment Management Ltd. acquired a new position in shares of Diversified Energy during the 4th quarter worth approximately $36,507,000. Vanguard Group Inc. acquired a new position in shares of Diversified Energy during the 4th quarter worth approximately $35,047,000. Allianz Asset Management GmbH acquired a new position in shares of Diversified Energy during the 4th quarter worth approximately $16,390,000. UBS Group AG acquired a new position in shares of Diversified Energy during the 4th quarter worth approximately $15,871,000. Finally, Gilder Gagnon Howe & Co. LLC acquired a new position in shares of Diversified Energy during the 4th quarter worth approximately $11,874,000. 26.51% of the stock is currently owned by institutional investors and hedge funds.

About Diversified Energy

(Get Free Report)

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.

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