We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Diversified Energy Company PLC (DEC) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
The latest trading session saw Diversified Energy Company PLC (DEC - Free Report) ending at $11.71, denoting a +1.21% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.91%. Elsewhere, the Dow lost 1.5%, while the tech-heavy Nasdaq lost 1.96%.
Prior to today's trading, shares of the gas and oil production company had lost 31.94% over the past month. This has lagged the Oils-Energy sector's loss of 4.23% and the S&P 500's loss of 7.38% in that time.
The investment community will be closely monitoring the performance of Diversified Energy Company PLC in its forthcoming earnings report. At the same time, our most recent consensus estimate is projecting a revenue of $279 million, reflecting a 67.87% fall from the equivalent quarter last year.
Investors should also note any recent changes to analyst estimates for Diversified Energy Company PLC. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Diversified Energy Company PLC is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Diversified Energy Company PLC is presently being traded at a Forward P/E ratio of 14.83. This indicates a discount in contrast to its industry's Forward P/E of 18.48.
The Alternative Energy - Other industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 66, positioning it in the top 27% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Diversified Energy Company PLC (DEC) Rises As Market Takes a Dip: Key Facts
The latest trading session saw Diversified Energy Company PLC (DEC - Free Report) ending at $11.71, denoting a +1.21% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.91%. Elsewhere, the Dow lost 1.5%, while the tech-heavy Nasdaq lost 1.96%.
Prior to today's trading, shares of the gas and oil production company had lost 31.94% over the past month. This has lagged the Oils-Energy sector's loss of 4.23% and the S&P 500's loss of 7.38% in that time.
The investment community will be closely monitoring the performance of Diversified Energy Company PLC in its forthcoming earnings report. At the same time, our most recent consensus estimate is projecting a revenue of $279 million, reflecting a 67.87% fall from the equivalent quarter last year.
Investors should also note any recent changes to analyst estimates for Diversified Energy Company PLC. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Diversified Energy Company PLC is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Diversified Energy Company PLC is presently being traded at a Forward P/E ratio of 14.83. This indicates a discount in contrast to its industry's Forward P/E of 18.48.
The Alternative Energy - Other industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 66, positioning it in the top 27% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.