Diversified Gas & Oil PLC (DGOC) Insider Acquires £25,800 in Stock

Diversified Gas & Oil PLC (LON:DGOC) insider David Edward Johnson bought 20,000 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was purchased at an average cost of GBX 129 ($1.69) per share, for a total transaction of £25,800 ($33,712.27).

Shares of LON DGOC opened at GBX 133.50 ($1.74) on Friday. Diversified Gas & Oil PLC has a 12-month low of GBX 89 ($1.16) and a 12-month high of GBX 132 ($1.72). The firm has a market capitalization of $926.72 million and a P/E ratio of 2.57. The company has a debt-to-equity ratio of 64.95, a current ratio of 1.74 and a quick ratio of 1.31.

The business also recently declared a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, May 30th will be issued a $0.03 dividend. This is an increase from Diversified Gas & Oil’s previous dividend of $0.03. This represents a yield of 2.18%. The ex-dividend date of this dividend is Thursday, May 30th. Diversified Gas & Oil’s dividend payout ratio is currently 0.19%.

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Diversified Gas & Oil Company Profile

Diversified Gas & Oil PLC operates as an oil and gas producer in the Appalachian Basin of the United States. It holds interests in various properties covering 7.6 million acres of conventional gas and oil HBP leases located in Pennsylvania, Ohio, and West Virginia. The company was founded in 2001 and is headquartered in Birmingham, Alabama.

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