Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates. Its assets consist of approximately 67,000 conventional and unconventional natural gas, natural gas liquids, and oil producing wells; and approximately 17,000 miles of natural gas gathering pipelines located in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. The company was formerly known as Diversified Gas & Oil PLC and changed its name to Diversified Energy Company PLC in May 2021. Diversified Energy Company PLC was founded in 2001 and is headquartered in Birmingham, Alabama.
P/E ratio for Diversified Energy Company PLC (DEC.L)
P/E ratio as of 2023: 0.96
According to Diversified Energy Company PLC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.96. At the end of 2022 the company had a P/E ratio of -38.27.
P/E ratio history for Diversified Energy Company PLC from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 0.96 |
| 2022 | -38.27 |
| 2021 | -68.95 |
| 2020 | -900.84 |
| 2019 | 182.19 |
| 2018 | 57.30 |
| 2017 | 289.81 |
| 2016 | 82.83 |
| 2015 | -4237.62 |
| 2014 | -2944.83 |
| 2013 | -264.44 |