Diversified Energy Company PLC with ticker (LON:DEC) now has a potential upside of 114.7% according to Peel Hunt Limited.
Peel Hunt Limited set a target price of 175 GBX for the company, which when compared to the Diversified Energy Company PLC share price of 82 GBX at opening today (29/09/2023) indicates a potential upside of 114.7%. Trading has ranged between 79 (52 week low) and 138 (52 week high) with an average of 3,205,302 shares exchanging hands daily. The market capitalisation at the time of writing is £786,702,193.
Diversified Energy Company PLC (Diversified) is an independent energy company. The Company is engaged in the production, marketing, and transportation of natural gas and associated liquids from its complementary onshore upstream and midstream assets, primarily located within the Appalachian and Central Regions of the United States. Its asset base is comprised of approximately 67,000 conventional and unconventional natural gas, natural gas liquids, and oil-producing wells. The Company’s portfolio consists of the production of primarily natural gas from mid-life assets within Appalachia and Diversified’s Central Region. Its midstream and marketing have its portfolio contains approximately 17,000 miles of gathering and transportation lines and associated compression stations located throughout its operating footprint. The Company’s operations are located in Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas and Louisiana.
Diversified Energy Company PLC 114.7% potential upside indicated by Peel Hunt Limited
- Written by: Charlotte Edwards
Find more news, interviews, share price & company profile here for:
Diversified Energy Company PLC has announced a successful $300 million placement of senior secured notes, enhancing liquidity and supporting strategic investments in energy projects.
Diversified Energy Company PLC has launched a Share Buyback Program, aiming to repurchase up to £52.3 million in shares to enhance shareholder value.
Diversified Energy Company PLC (DEC) reports robust operational results for 2024, highlighting strategic acquisitions and growth in various energy sectors.
Diversified Energy Company has completed the acquisition of Maverick Natural Resources, enhancing its natural gas and liquids production capabilities.
Diversified Energy, FuelCell Energy, and TESIAC have formed a strategic partnership to deliver 360 MW of clean, reliable power to data centers in the Appalachians.
Diversified Energy Company PLC is on track for its Maverick Natural Resources acquisition, with no changes to share considerations despite market fluctuations.
