Diversified Energy Company PLC (DEC)
Diversified Energy Company PLC operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Birmingham, AL, US. The stock last traded at $13.79, down 1.85% on the session, giving a market capitalisation of $997.3M. On trailing twelve-month figures it carries a trailing P/E of 1.61, a net margin of 37.0%. Its beta of 0.32 implies it has historically moved less than the broad market.
Diversified Energy Company PLC, rebranded from Diversified Gas & Oil PLC in May 2021, functions as an autonomous entity that owns and operates active natural gas and crude oil wells. Its main operational base is located within the Appalachian Basin of the United States, but its business activities extend beyond this region. The company handles the full scope of hydrocarbon resource management, from the initial extraction (production) to distribution (marketing) and delivery (transportation) of natural gas, natural gas liquids, crude oil, and condensates. Its extensive holdings include numerous natural gas wells and their associated gathering infrastructure, situated across states such as Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana. Diversified Energy Company PLC was established in 2001 and is headquartered in Birmingham, Alabama.
Diversified Energy Company PLC is most often compared with the following Energy names: