image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Diversified Gas & Oil

October 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DGOC
  • Price:
  • 113p
In a positive move, Diversified Gas & Oil has announced it is now formally pursuing a move to the premium segment of the main market, which could result in promotion to the FTSE-250 and would attract tracker funds. The move should happen in Q1 2020 following the publication of its 2019 results.Separately, it noted that the acquisition of assets from EdgeMarc Energy Holdings announced on 29th August is expected to close around 17th September. This, alongside two other acquisitions including gas gathering systems, are proceeding as planned and will cost a combined US$59.5m, to be funded through its existing debt facility. Meanwhile its share buyback program, which commenced in April, has resulted in nearly 5% of shares being boug ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe