RE: Another director buy30 May 2024 13:00
DEC rightsized the dividend, and is (correctly) now refocused on a huge buyback and revenue / profit growth. The Vice Chair today has now upped his stake in DEC, a big vote of confidence. At a PE ratio of just 1, versus the oil-gas sector average of 7, the upside potential here for DEC is enormous. You can see why the Vice Chair is buying in.