Diversified Energy Company PLC (DEC): A Bull Case Theory

We came across a bullish thesis on Diversified Energy Company PLC (DEC) on  Substack by The Oak Bloke. In this article, we will summarize the bulls’ thesis on DEC. Diversified Energy Company PLC (DEC)'s share was trading at $13.28 as of March 19^th. DEC’s trailing and forward P/E were 4.19 and 7.18 respectively according to Yahoo Finance.

[caption id="attachment_1204524" align="aligncenter" width="768"] Aerial view of an industrial landscape showing the scale of oil and gas operations.[/caption]

DEC has delivered solid FY2024 results, reinforcing its reputation for "Delivering...