Updates

Diversified Gas & Oil

October 2020

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.

The shares hit their highest level since last October after Diversified Gas & Oil announced strong first half results (to 30 June) with its US onshore Appalachian Basin assets continuing to exceed expectations. While many have cut their dividends, Diversified increased its Q2 quarterly dividend by 7% to 3.75 cents.Diversified averaged 95,100 barrels oil equivalent per day in H1, a 26% increase year-on-year, but that only included a one month contribution from the acquisitions of newly acquired Carbon Energy and EQT assets. Adding their contribution saw the group exit H1 with record production of 109,000 boepd while broker Investec expects a 15% boost to H2’s production numbers.Impressively, the group’s Smarter ...

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Hostelworld

UDG Health

Diversified Gas & Oil (March 2021)

Diversified Gas & Oil (July 2020)

Diversified Gas & Oil - Moving to the Full List (June 2020)

Diversified Gas & Oil (January 2020)

Diversified Gas & Oil (October 2019)

Diversified Gas & Oil - 475% jump in EBITDA underpins double digit yield (September 2019)

Diversified Gas & Oil - Highly acquisitive gas producer lining up promotion to FTSE-250 in H2 (July 2019)

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.

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