Diversified Energy (LON:DEC) Trading Down 0.3%

Diversified Energy Company PLC (LON:DEC) shares dropped 0.3% during trading on Thursday . The company traded as low as GBX 1,088 ($13.54) and last traded at GBX 1,094 ($13.62). Approximately 162,817 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 371,007 shares. The stock had previously closed at GBX 1,097 ($13.66).

Diversified Energy Trading Down 0.3 %

The company has a market cap of £520.53 million, a PE ratio of 86.62, a PEG ratio of -0.32 and a beta of 0.16. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 218.54. The stock has a 50 day moving average price of GBX 960.19 and a 200 day moving average price of GBX 718.30.

Diversified Energy Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th were paid a $0.04 dividend. This represents a dividend yield of 4.96%. The ex-dividend date was Thursday, February 29th. Diversified Energy’s payout ratio is presently 2,169.44%.

About Diversified Energy

Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates.