DGO has reported another strong set of quarterly results despite the extremely challenging operating environment. When many in the industry have been forced to decrease, suspend or eliminate their distributions, DGO has increased its dividend for the second consecutive quarter to 4¢ per share (an 11.5% dividend yield). The Q3/20 dividend represents a 7% increase on Q2/20 and a 14.3% increase in 2020. Production during Q3/20 increased 17% YoY to 107kboepd, following a full quarter of production f ....
29 Oct 2020
Cenkos: Diversified Gas & Oil Plc -- Q3/20 Results
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Cenkos: Diversified Gas & Oil Plc -- Q3/20 Results
Diversified Energy Company PLC (DEC:LON) | 1,098 98.9 0.8% | Mkt Cap: 522.4m
- Published:
29 Oct 2020 -
Author:
James McCormack -
Pages:
10
DGO has reported another strong set of quarterly results despite the extremely challenging operating environment. When many in the industry have been forced to decrease, suspend or eliminate their distributions, DGO has increased its dividend for the second consecutive quarter to 4¢ per share (an 11.5% dividend yield). The Q3/20 dividend represents a 7% increase on Q2/20 and a 14.3% increase in 2020. Production during Q3/20 increased 17% YoY to 107kboepd, following a full quarter of production f ....