Diversified Energy Company PLC (DEC) Stock Slides as Market Rises: Facts to Know Before You Trade

Group 1 - Diversified Energy Company PLC (DEC) closed at $16.24, reflecting a -0.61% change from the previous day, underperforming the S&P 500 which gained 0.61% [1] - Over the past month, DEC shares increased by 2.57%, outperforming the Oils-Energy sector's decline of 0.29% and the S&P 500's gain of 2.08% [1] - The upcoming earnings report is anticipated to show revenue of$ 276.5 million, representing a significant 68.15% decrease compared to the same quarter last year [2] Group 2 - Recent changes in analyst estimates for DEC are crucial as they indicate shifts in near-term business trends, with positive revisions suggesting confidence in the company's performance [3] - The Zacks Rank system, which incorporates estimate changes, has a strong track record, with 1 stocks averaging a +25% annual return since 1988 [4][5] - Currently, DEC holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate rising by 14.41% over the past month [5] Group 3 - DEC is trading at a Forward P/E ratio of 12.87, which is below the industry average Forward P/E of 17.91, indicating a valuation discount [6] - The Alternative Energy - Other industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 45, placing it in the top 18% of over 250 industries [6][7]