Diversified Gas & Oil Plc reports 11% increase in adjusted EBITDA H1 2020

  • Aug 10, 2020 BST
  • Team Kalkine
Diversified Gas & Oil Plc reports 11% increase in adjusted EBITDA H1 2020


Diversified Gas & Oil Plc (LON: DGOC) has released results for the six months ended 30 June 2020.

  • The company’s adjusted EBITDA for the reported period stood at $146 million, up by 11 per cent of $131 million in 1H 2019.
  • Net income of the company slumped by 71 per cent to $18 million from $62 million of 1H 2019.
  • Reflecting the Board's confidence in the company's outlook, 2Q20 interim dividend of $0.0375 per share was announced, an increase of 7 per cent from $0.035 of 1Q2020.
  • On 10August 2020, at the time of writing, GMT 09:42 AM, DGOC shares were trading at GBX 101.60, up by 2.10 points or 2.11% against the previous day closing price.


With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here



The website https://kalkinemedia.com/uk is a service of Kalkine Media Ltd, Company Number 12643132. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK