Diversified Energy Company PLC with ticker (LON:DEC) now has a potential upside of 46.2% according to Jefferies.
Jefferies set a target price of 145 GBX for the company, which when compared to the Diversified Energy Company PLC share price of 99 GBX at opening today (11/04/2023) indicates a potential upside of 46.2%. Trading has ranged between 90 (52 week low) and 144 (52 week high) with an average of 2,950,611 shares exchanging hands daily. The market capitalisation at the time of writing is £905,412,072.
Diversified Energy Company PLC is an independent owner and operator of producing natural gas and oil wells. The Company is engaged in the production, marketing, and transportation of energy with the onshore United States upstream and midstream assets. The Company’s assets primarily consist of natural gas wells and gathering systems located within the Central Region and the Appalachian Basin of the United States. Its asset base is comprised of approximately 67,000 conventional and unconventional natural gas, natural gas liquids, and oil-producing wells. In addition to the upstream assets, its portfolio contains approximately 17,000 miles of natural gas gathering pipelines and a network of compression stations and processing facilities. The Company’s operations are located Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania.
Diversified Energy Company PLC 46.2% potential upside indicated by Jefferies

- Written by: Charlotte Edwards
Find more news, interviews, share price & company profile here for:
Discover three UK dividend-paying stocks – Arbuthnot Banking Group, Norcros, and Diversified Energy Company – that offer attractive yields for passive income investors.
Discover how Diversified Energy Company's 2024 Sustainability Report showcases innovative strategies in reducing emissions, enhancing safety, and supporting communities.
Diversified Energy Company PLC has announced a successful $300 million placement of senior secured notes, enhancing liquidity and supporting strategic investments in energy projects.
Diversified Energy Company PLC has launched a Share Buyback Program, aiming to repurchase up to £52.3 million in shares to enhance shareholder value.
Diversified Energy Company PLC (DEC) reports robust operational results for 2024, highlighting strategic acquisitions and growth in various energy sectors.
Diversified Energy Company has completed the acquisition of Maverick Natural Resources, enhancing its natural gas and liquids production capabilities.