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Historically, the final dividend has been declared in late March, going ex-d in May. I can't find it so, yes, a bit odd.
Diversified Energy Company PLC (LSE: DEC, NYSE:DEC) is pleased to announce that the Company will publish a trading statement with respect for the three months ended March 31, 2024 on Thursday, May 9, 2024. Diversified will also publish a supplementary corporate presentation to accompany the trading statement on its website at ir.div.energy/presentations.
Not sure what is happening as I can't find it elsewhere but it has been on Yahoo Finance for a time
DEC.L announced a cash dividend of 29.00 with an ex-date of May. 23, 2024
Why are they keeping next dividend date a secret?
Assume they'll announce it on 9th May with Trading Statement but any new buyer now can't see where next dividend is.
Oh dear dear, my eyes watered for a brief, a very brief !!, split second, thinking of our Shorters after Open today !!
A fraction short of £11 on the bid
GG, the suggestion that PwC (the auditors of DEC) should be viewed in the same way as the criminals to which you allude in the CNBC article is laughable. You need medical help.
GG, the suggestion that PwC (the auditors of DEC) should be viewed in the same way as the criminals to which you allude in the CNBC article is laughable. You need medical help.
US up 1% but a big jump at the open. NG up 4%
Greygeorge, there can be a bad apple in every large basket. You might as well mention the Enron Auditors who shredded Enron records to cover up the real Acccounts. Vast majority (99.x%) of Accounting Auditors are honest and truthful and comply with the accounting standards and sovereign law.
U.S. Oil, Gas Drillers See Continued Slowdown
https://oilprice.com/Energy/Energy-General/US-Oil-Gas-Drillers-See-Continued-Slowdown.html
Texas Is Preparing for Electricity Demand to Surge
https://headtopics.com/uk/texas-is-preparing-for-electricity-demand-to-surge-51921407
Perhaps a better summer coming.
US closed @ £10.74 on the bid
HH now 2.145 up 5.41% today and DEC NY SP following (13.68), perhaps just perhaps we have bottomed.
GG, you need medical help.
I know it was a while ago now that we were discussing the virtues, honesty and propriety - or otherwise - of auditors, and the quality - or otherwise - of their reporting, but to those who so forcefully defended auditors, here's one for you all to think about next time you put so much faith into 'but the auditors...' .
https://www.cnbc.com/2024/05/03/trump-media-auditor-charged-by-sec-with-massive-fraud-permanently-barred-from-public-company-audits.html
Dazzle: I'd like to think this is the start of a proper re-rate after that big retrace? As ever, time will tell!
"Sensible, readable posts on here this morning for a change. Long may it continue."
Nobrain where are you!?
Sorry winnie16 just had to do it. Always worth listening to the vilest person on ise
Sensible, readable posts on here this morning for a change. Long may it continue.
Using the date slider on the chart under the link suggests DEC has been moving with HH Spot prices since the US listing, January gas spike aside. (set the slider to 100 days). I can't help but wonder if this is because no account is being taken of the hedging strategy in US trading? Just a theory, but the correlation is pretty strong since December.
Interestingly over a 1 year view the correlation is much weaker.
https://stockcharts.com/freecharts/perf.php?$NATGAS,DEC,UNG,NG1!
Looks like a pipe dream to me.
And them wells have value for CCS. Must say until I read this I didn’t appreciate the potential!
https://theoakbloke.substack.com/p/dec-iphering-pipe-dreams
Trek
"They're aware of $6Bn of Occidental planned divestments coming soon - shopping spree coming with saved dividend money??"
There is now doubt this is what Trusty Rusty is planning, buy up all available wells so he is in charge of as big as company as possible no matter what is does to shareholder value.
Would be interesting to know the date when negitions started on buying the last set of wells and therefore plans to crash the dividends , was this the reason the SP started dropping as no doubt it would have been leaked
Https://finance.yahoo.com/news/diversified-energy-company-plc-dec-215008836.html
I think this is written by a BOT but worth a read.