Member Info for MrG123

The selling activity is high on good news again. Very strange. Next support has to be director buys.

Easy money for a day trade today.

We have the message from the board. No reason for SP movement. Looks like market fear and conspiracy theories were unjustified.

I've always loved DEC. Most of what they do has made sense and something as a shareholder, I've been happy with. You could argue the SP is not in their control and can be manipulated without any justification. But as is it so out of character of the DEC SP, I thought I would contact them. I wrote to DEC to see what they would say about the SP reduction. In the past, my emails to them have been answered quickly. This time, no response. This could be that they are receiving a lot of mails or it could be that they don't want to respond for a reason.

SP reduction looks like a disaster but it's great in the short term for DEC. The buybacks are an absolute bargain. Anyone buying at this level is getting a great deal.

Please stop spreading silly conspiracy theories without any evidence. Some of us have been here since the start and fully understand the business model. DEC owns older wells with a very predictable output. No need for them to exaggerate volumes. They hedge most forward sales so they know what they will earn. No need to cook the books. They know how many wells need to be retired and stay well ahead of that. They pay a % of profit as a dividend. The high dividend is a result of a high profit. The board have invested a lot of their own money. There is little to no negative aspect to DEC. The SP destruction is a mystery. In my opinion, it's no more than limited money in the market and a pull back from oil and gas companies with no clear green transition. Fear has then taken us to a rediculas level. Let's hope Rusty gives out a statement. The SP drop has lost him a few million!

In a couple of weeks the heating will go on. In a couple of months we will see the price of gas spike. DEC will be in focus again for the right reason.

The SP freefall is a shocker but fantastic for a buyback campaign.

A lot of shares purchased and the SP still took a battering. I wonder what the SP would be without the buyback support 😬

This should bounce when the Divi starts to be re-invested tomorrow.

At the moment, the fear of losing a worker is just outweighing the need to have them in sight. As the labour market improves, companies will push for a return to the office. This will be fast tracked if office rents drop. I'm happy to hang with RGL as I'm sure time will prove it to be a good investment. That's time in years and not 5 minutes that some investors demand a result in.

They don't borrow to pay dividends. Stop spreading lies. They pay dividends from the vast amount of cash they generate by selling gas. This is not some scheme or dodgy company. It's the largest owner of gas wells in the USA. They sell at mostly a fixed rate to give them and us certainty. Stop making up silly rumours and stick to facts. Save your conspiracy theories to wind up your relatives in Facebook.

One thing is for certain, all current sales will be at a loss.

Don't underestimate the importance of an increase in the borrowing base in times of restricted credit. It gives a big thumbs up that DEC can afford to repay the amount and more if needed.

DEC doesn't need the credit to run the business as-is. They want it to continue to expand and grow. But they will wait for the right opportunity so don't expect anything to happen quickly.

Simply Wall St. "Earnings are forecast to decline by an average of 79.9% per year for the next 3 years

What a load of rubbish. An article written by a 3year old and not checked before publishing. Please think before believing such nonsense.

Divi payments due soon. Who is investing it back into DEC?

Should Diversified Energy’s shares be at a discount to US peers?

A3: No. US peers have outperformed over the last few months as the general poor sentiment going into Q2 has improved slightly. Frustratingly, Diversified Energy’s shares have remained largely range bound despite arguably demonstrating one of the strongest business models to counteract the impacts of both an inflationary market as well as softer natural gas prices. Given the absolute and relative strength of DEC’s protected cash profile, we believe the current disconnect is unwarranted and the shares should re-rate towards peers

I blame the UK. Any company listing here must be so frustrated. We need some better support to encourage investment. Stop short selling & increase tax allowance on dividends.

Good post Gavstar. Trying to work out the selling mystery is a challenge. How can a business with the same model, with no major changes lose 35% share price in 12 months. Most recent sells have to be at a loss. I put it down as fear of further losses. As quickly as it went down, it will probably go up. Just need some consecutive upward momentum. Then it's a fear of losing out. In the meantime, any buys should be greatly rewarded. Especially buybacks at a silly price. DEC board are laughing all the way to the bank $

DEC are getting some bargain buybacks. SP is 35% discounted to the price this time last year.