leadf
logo-loader
viewDiversified Gas & Oil PLC

Diversified Gas & Oil hikes dividend 7% and is 'well placed to capitalise on compelling new deals'

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.

Quick facts: Diversified Gas & Oil PLC

Price: 103.8 GBX

LSE:DGOC
Market: LSE
Market Cap: £734.15 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Diversified Gas & Oil PLC named herein, including the promotion by the Company of Diversified Gas & Oil PLC in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Diversified Gas & Oil makes big move to advance to the Main Market

Diversified Gas & Oil PLC (LON:DGOC) CEO Rusty Hutson tells Proactive the company has made the move to the premium segment of the London Stock Exchange. Hutson says the move will potentially improve liquidity and the valuation of its shares, and a larger number of institutional investors...

on 18/5/20

2 min read