Diversified Energy (LON:DEC) Trading Down 0.3%

Diversified Energy Company PLC (LON:DEC) dropped 0.3% during mid-day trading on Thursday . The stock traded as low as GBX 1,088 ($13.54) and last traded at GBX 1,094 ($13.62). Approximately 162,817 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 371,007 shares. The stock had previously closed at GBX 1,097 ($13.66).

Diversified Energy Stock Down 1.8 %

The firm has a market capitalization of £511.01 million, a price-to-earnings ratio of 85.04, a P/E/G ratio of -0.32 and a beta of 0.16. The business’s 50-day moving average is GBX 963.28 and its two-hundred day moving average is GBX 725.21. The company has a debt-to-equity ratio of 218.54, a quick ratio of 0.37 and a current ratio of 0.48.

Diversified Energy Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 29th were given a $0.04 dividend. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 4.96%. Diversified Energy’s dividend payout ratio is 2,169.44%.

About Diversified Energy

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.