Diversified Energy: Old Wells And Some Leverage Bring Strong Cash Flow
Diversified Energy ( OTCQX:DEC ) is an Oil & Gas producer in Appalachia and the Central Region (Oklahoma and Texas), for a total production of 791 MMcfe/d (Million Cubic Feet equivalent per day), scheduled to increase to 1.075 MMcfe/d in March afterEquity Portfolio Manager with a strong Value bias. Currently moving to smaller cap names and mainly interested in cyclical companies that can re-rate. Particularly attracted by the mining and oil sector.Analyst’s Disclosure: I/we have a beneficial long position i ...