Diversified Energy Company PLC (DECPF)
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 $0.85, up 1.31% on the session, giving a market capitalisation of $41.1M. On trailing twelve-month figures it carries a trailing P/E of 1.69, a net margin of 37.0%. Its beta of 0.15 implies it has historically moved less than the broad market.
Diversified Energy Company PLC functions as an autonomous owner and manager of a substantial portfolio of natural gas and oil wells, predominantly situated in the Appalachian Basin of the United States. The company's activities span the full lifecycle of hydrocarbon assets, involving the extraction, commercialization, and distribution of natural gas, natural gas liquids (NGLs), crude oil, and condensates. Its extensive infrastructure includes approximately 67,000 conventional and unconventional wells that produce natural gas, NGLs, and oil, alongside around 17,000 miles of natural gas gathering pipelines. These crucial assets are distributed throughout the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. While its current name was adopted in May 2021, the entity was formerly identified as Diversified Gas & Oil PLC. The firm was established in 2001 and maintains its corporate headquarters in Birmingham, Alabama.
Diversified Energy Company PLC is most often compared with the following Energy names: