Despite the challenging headwinds, Diversified Gas and Oil (DGO) continues to deliver consistent and dependable shareholder value. DGO's dynamic hedging programme, over long-life, low-decline assets, maximises value, protecting cash flows, strong margins and underpins the Company's ability to pay dividends. Year-on-year production increased by c107% to c84,800boepd (2018 c41,000 boepd), with December 2019 exit rate production up c35% from 2018 to c94,800boepd. Adjusted EBITDA (hedged) is US$273m ....
09 Mar 2020
Cenkos: Diversified Gas & Oil Plc -- It's Not Rocket Science
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Cenkos: Diversified Gas & Oil Plc -- It's Not Rocket Science
Diversified Energy Company PLC (DEC:LON) | 946 0 0.0% | Mkt Cap: 449.8m
- Published:
09 Mar 2020 -
Author:
James McCormack -
Pages:
15
Despite the challenging headwinds, Diversified Gas and Oil (DGO) continues to deliver consistent and dependable shareholder value. DGO's dynamic hedging programme, over long-life, low-decline assets, maximises value, protecting cash flows, strong margins and underpins the Company's ability to pay dividends. Year-on-year production increased by c107% to c84,800boepd (2018 c41,000 boepd), with December 2019 exit rate production up c35% from 2018 to c94,800boepd. Adjusted EBITDA (hedged) is US$273m ....