Diversified Energy’s (DEC) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Diversified Energy (LON:DEC) in a research note published on Tuesday, MarketBeat Ratings reports. Peel Hunt currently has a GBX 3,000 price target on the stock.

Diversified Energy Price Performance

Diversified Energy stock opened at GBX 1,134.20 on Tuesday. The company has a fifty day simple moving average of GBX 1,041.15 and a 200-day simple moving average of GBX 1,078.61. The firm has a market capitalization of £864.40 million, a price-to-earnings ratio of -4.26, a PEG ratio of -0.32 and a beta of 0.19. The company has a quick ratio of 0.37, a current ratio of 0.44 and a debt-to-equity ratio of 316.76. Diversified Energy has a 52-week low of GBX 790.50 and a 52-week high of GBX 1,427.

About Diversified Energy

Diversified Energy Company (DEC) is focused on acquiring and enhancing onshore gas and oil producing assets and related midstream properties in the United States. Our primary and historical area of operations are within the prolific Appalachian Basin, with additional operations in the states of Louisiana, Oklahoma and Texas announced with our entry to that region in 2021.