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LON:DCC

DCC Energy PLC

OPPORTUNISTIC BUY 2026-10-04 Data 8 days old 6435.00p Energy - Oil & Gas Refining & MarketingAWAIT ENTRY
ACTIONABLEMethodology gates passed
59

Position levels

Currenttoday
6435.00p
Buy <=wait / entry
5633.33p
Trim >=take some off
6500.00p
Thesis breakThe investment thesis is invalidated if the acquirer publicly withdraws the GBP 65....
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case50%62 / 10031.0
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • M&A activity: agreed GBP 5.75bn takeover by KKR and Energy Capital Partners consortium at GBP 65.25 per share
  • Earnings growth: adjusted continuing operating profit +3.6% to GBP 634m and adjusted EPS +9.9%
  • DCC Energy operating profit +3.5% with 7.9% growth in H2 and 108% free cash flow conversion
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