Diversified Gas & Oil PLC’s (LON:DGOC) Rusty Hutson tells Proactive that despite the recent volatility in commodity prices – the company is well positioned to capitalise on opportunities. The company produced 109,000 barrels oil equivalent per day (boepd) for the month of June, with the first half rate averaging 95,100 boepd. First-half earnings came in at US$146mln with net income of US$18mln. An interim dividend's also been confirmed at 3.75 cents per share, up 7% on last year.
Diversified Gas & Oil hikes dividend 7% and is 'well placed to capitalise on compelling new deals'
Quick facts: Diversified Energy Company PLC
Price: 113 GBX
Market Cap: £960.05 m
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