Diversified Energy Company PLC (DEC) Increases Yet Falls Behind Market: What Investors Need to Know
Diversified Energy Company PLC closed the latest trading day at $13.84, indicating a +0.8% change from the previous session's end. This change lagged the S&P 500's 2.3% gain on the day. On the other hand, the Dow registered a gain of 1.76%, and the technology-centric Nasdaq increased by 2.87%.The gas and oil production company's stock has dropped by 5.31% in the past month, falling short of the Oils-Energy sector's loss of 4.12% and outpacing the S&P 500's loss of 6.5%.The upcoming earnings release of Diversified Energy Company PLC will be of great interest to investors. The company's earnings report is expected on August 15, 2024.DEC's full-year Zacks Consensus Estimates are calling for earnings of $1.99 per share and revenue of $926.53 million. These results would represent year-over-year changes of +35.37% and +6.71%, respectively.It's also important for investors to be aware of any recent modifications to analyst estimates for Diversified Energy Company PLC. Recent revisions tend