Diversified Gas & Oil PLC (DGOC) Rating Reiterated by Beaufort Securities

Beaufort Securities reissued their speculative buy rating on shares of Diversified Gas & Oil PLC (LON:DGOC) in a research report released on Tuesday morning.

Diversified Gas & Oil PLC (DGOC) traded up GBX 1.25 ($0.02) on Tuesday, reaching GBX 85.50 ($1.13). 139,984 shares of the company’s stock traded hands, compared to its average volume of 182,501. Diversified Gas & Oil PLC has a fifty-two week low of GBX 53.50 ($0.71) and a fifty-two week high of GBX 87 ($1.15).

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The business also recently disclosed a dividend, which will be paid on Wednesday, December 20th. Investors of record on Thursday, November 16th will be issued a $0.02 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a yield of 1.96%.

In related news, insider Martin Keith Thomas acquired 33,500 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was acquired at an average price of GBX 75 ($0.99) per share, for a total transaction of £25,125 ($33,155.19).

Diversified Gas & Oil PLC Company Profile

Diversified Gas & Oil PLC is a gas and oil producer. The Company is engaged in conventional natural gas and crude oil production in the Appalachian Basin of the United States. The Company owns and operates over 7,500 conventional natural gas and crude oil wells in Pennsylvania, West Virginia and Ohio.

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