Diversified Energy Company(DEC)

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Brokers Suggest Investing in Diversified Energy Company PLC (DEC): Read This Before Placing a Bet
ZACKS· 2025-02-17 15:35
Core Viewpoint - The average brokerage recommendation (ABR) for Diversified Energy Company PLC (DEC) is 1.50, indicating a consensus between Strong Buy and Buy, with 75% of recommendations being Strong Buy [2][4]. Brokerage Recommendation Trends - The ABR is based on recommendations from four brokerage firms, with three firms rating DEC as Strong Buy [2]. - Despite the positive ABR, reliance solely on brokerage recommendations may not be prudent, as studies show limited success in guiding investors towards stocks with the best price increase potential [4][9]. Zacks Rank vs. ABR - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, which correlate strongly with near-term stock price movements [7][10]. - The ABR is calculated from brokerage recommendations and may not be up-to-date, while Zacks Rank reflects timely earnings estimate revisions [8][11]. Earnings Estimate Revisions - The Zacks Consensus Estimate for DEC has declined by 38.6% over the past month to $0.18, indicating growing pessimism among analysts regarding the company's earnings prospects [12]. - This decline in earnings estimates has resulted in a Zacks Rank of 5 (Strong Sell) for DEC, suggesting caution despite the favorable ABR [13].
Why the Market Dipped But Diversified Energy Company PLC (DEC) Gained Today
ZACKS· 2025-02-14 23:45
Group 1 - Diversified Energy Company PLC (DEC) closed at $16.93, reflecting a +1.8% change from the previous session, outperforming the S&P 500's daily loss of 0.01% [1] - Over the past month, DEC shares have decreased by 0.3%, while the Oils-Energy sector has lost 1.15% and the S&P 500 has gained 4.88% [1] - The upcoming earnings release is expected to show quarterly revenue of $279 million, a significant decrease of 67.87% from the same period last year [2] Group 2 - Recent analyst forecast revisions for DEC are crucial, as positive estimate revisions can indicate a favorable business outlook [3] - The Zacks Rank system, which correlates estimate changes with near-term stock prices, currently ranks DEC as 5 (Strong Sell) due to a 38.58% downward shift in the Zacks Consensus EPS estimate over the past month [4][5] - DEC is trading at a Forward P/E ratio of 21.32, which is higher than the industry average of 18.79, indicating a premium valuation [6] Group 3 - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 72, placing it in the top 29% of over 250 industries [6] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the importance of industry rankings [7]
Diversified Energy’s Unique Strategy Produces Reliable Cash Flow and Strong Full Year 2024 Results
Globenewswire· 2025-02-11 12:00
Core Insights - Diversified Energy Company reported strong operational and financial results for the year ended December 31, 2024, achieving approximately 50% cash margins for the seventh consecutive year [1][10] - The company generated over $50 million in cash flow from growth initiatives and returned over $105 million to shareholders, including $21 million in share buybacks [1][6] Financial Performance - Full-year 2024 average production was 791 MMcfepd (132 Mboepd), with a 4Q24 average production of 843 MMcfepd (141 Mboepd) and a December 2024 exit rate of 864 MMcfepd (144 Mboepd), reflecting an 11% increase from December 2023 [6][7][8] - Adjusted EBITDA for 2024 was between $470 million and $475 million, with an Adjusted Free Cash Flow of $210 million to $215 million, resulting in an Adjusted EBITDA Margin of 50% and a TTM Adjusted Free Cash Flow Yield of 33% [6][10] - Total revenue for 2024, including settled hedges, was $3.21/Mcfe ($19.28/Boe), with an Adjusted Operating Cost per Unit of $1.70/Mcfe ($10.22/Boe), showing a minimal 1% change compared to the previous year [6][12][11] Strategic Initiatives - The company executed over $585 million in strategic acquisitions during 2024, including the announced acquisitions of Summit Natural Resources and Maverick Natural Resources, which are expected to close in early 2025 [4][17][20] - Diversified's Smarter Asset Management approach has positively impacted production optimization and operational efficiency, positioning the company for robust cash flows in 2025 [9][10] Debt Management and Shareholder Returns - The company retired over $200 million in debt principal through amortizing debt payments, demonstrating a commitment to financial prudence [6][4] - In addition to share buybacks, the company returned a total of $105 million to shareholders, reflecting a strong capital allocation strategy [1][6] Environmental and Operational Updates - Diversified exceeded its well retirement commitments by retiring 202 operated wells in 2024, contributing to its sustainability goals [15][16] - The company continues to focus on responsible asset management and environmental performance, enhancing its reputation in the industry [24]
Diversified Energy Company PLC (DEC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2025-02-07 23:50
Diversified Energy Company PLC (DEC) closed the latest trading day at $16.38, indicating a -1.15% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.95%. At the same time, the Dow lost 0.99%, and the tech-heavy Nasdaq lost 1.36%.Heading into today, shares of the gas and oil production company had lost 0.48% over the past month, lagging the Oils-Energy sector's gain of 0.41% and the S&P 500's gain of 1.86% in that time.Analysts and investors alike will be keeping a close ...
JCDecaux Top Media acquires High Traffic Media in Panama
Globenewswire· 2025-02-06 16:40
Core Insights - JCDecaux SE, the leading outdoor advertising company globally, has acquired High Traffic Media, a significant player in Panama's outdoor advertising market [2][4] - The acquisition aims to enhance JCDecaux's portfolio and strengthen its position in a fragmented advertising market, particularly in retail media and Digital Out-of-Home (DOOH) advertising [5][6] Company Overview - High Traffic Media was founded in 2007 and has a diverse portfolio of analogue and digital billboard assets in Panama City, including operations in the Panama City Metro and major shopping malls [3][4] - JCDecaux established its presence in Panama in 2013 and has since expanded its operations through strategic acquisitions, including the merger with Top Media in 2016 [4] Market Context - Central America, with a population exceeding 50 million, is a dynamic advertising market with estimated advertising investments over US$2.5 billion, contributing to the steady growth of outdoor advertising [6] - The region's unique geographical position and high mobility indices are driving the demand for innovative advertising solutions [6] Strategic Implications - The integration of High Traffic Media will provide advertisers with comprehensive outdoor advertising solutions, leveraging over 5,000 advertising panels across various premium locations [5] - JCDecaux aims to deliver diversified national coverage and innovative communication solutions to enhance advertisers' visibility and effectiveness [7] Financial Performance - JCDecaux reported a revenue of €3,570.0 million for 2023 and €1,807.6 million for the first half of 2024, underscoring its strong market position [8]
JCDecaux to double the number of roadside screens in London
Globenewswire· 2025-02-05 06:30
JCDecaux to double the number of roadside screens in London Paris, February 5th, 2025 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, has unveiled its vision to double the number of digital roadside 2m² screens in London. The investment will make Out-of-Home the big reach medium increasing the number of digital roadside screens to 2,000 with the installation of 1,000 new London Digital Network (LDN) screens into the city’s expanding neighbourhoods - including: Ba ...
Why Diversified Energy Company PLC (DEC) Outpaced the Stock Market Today
ZACKS· 2025-02-04 23:56
The latest trading session saw Diversified Energy Company PLC (DEC) ending at $16.77, denoting a +1.02% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.72%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.35%.The gas and oil production company's stock has dropped by 0.48% in the past month, falling short of the Oils-Energy sector's gain of 0.1% and the S&P 500's gain of 1.02%.The investment community ...
Diversified Energy: On A Solid Growth Trajectory Following Acquisitions
Seeking Alpha· 2025-02-03 19:51
Shares of natural gas and oil wells operator, Diversified Energy Company ( OTCQX:DEC ) have risen 35.08% (YoY) ahead of its earnings date on March 25, 2025. I will discuss why I am raising my rating to buy following strategic acquisitions by theI have more than five years experience in the financial industry. I focus mostly in the commodities, foreign exchange and cryptocurrencies. I also write on general issues like equity research, economics and geopolitics.Fellow contributor Crispus Nyaga is my colleague ...
Wall Street Bulls Look Optimistic About Diversified Energy Company PLC (DEC): Should You Buy?
ZACKS· 2025-01-31 15:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Diversified Energy Company PLC (DEC) .Diversified Energy Company PLC curre ...
Diversified Energy to Enter the Permian Via Maverick Acquisition
ZACKS· 2025-01-28 16:26
Diversified Energy Company plc (DEC) has announced the acquisition of a private-equity owned energy firm, Maverick Natural Resources, in the Permian Basin. The total value of the transaction came in at $1.28 billion, inclusive of Maverick’s debt. The deal is viewed as DEC’s first step into entering the Permian Basin, one of the largest oil-producing basins in the United States.Maverick Natural Resources is a U.S.-based exploration and production player that owns producing oil fields in West Texas and New Me ...