In a report released today, Tim Rezvan from KeyBanc maintained a Buy rating on Diversified Energy Company, with a price target of $18.00. The company’s shares opened today at p1,016.00.
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According to TipRanks, Rezvan is an analyst with an average return of -9.1% and a 37.11% success rate. Rezvan covers the Energy sector, focusing on stocks such as Matador Resources, Crescent Energy Company Class A, and Infinity Natural Resources, Inc. Class A.
Currently, the analyst consensus on Diversified Energy Company is a Moderate Buy with an average price target of p1,444.32.
Based on Diversified Energy Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p738.32 million and a GAAP net loss of p34.48 million. In comparison, last year the company earned a revenue of p348.68 million and had a net profit of p15.06 million
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