Diversified Energy Company PLC (DEC)
New Strong Sell Stocks for January 30th
DEC, ERO and EVH have been added to the Zacks Rank #5 (Strong Sell) List on January 30, 2024.
Diversified Energy to Enter the Permian Via Maverick Acquisition
DEC's acquisition of Maverick Natural Resources is expected to bring the total production of the combined company to 59,000 barrels of oil equivalent per day.
Diversified Energy Company a ‘Buy' as it lands its largest ever acquisition - broker
As it announces the largest acquisition in its history, Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) is a ‘buy', according to stockbroker Peel Hunt. DEC has not been a stranger to deal-making as M&A has driven much of its growth since it floated on the London Stock Exchange in 2016 – when it came to market with a $50 million raise and a £69 million market cap.
Diversified Energy Company announces Maverick Natural Resources acquisition
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has struck a deal to acquire Maverick Natural Resources for $1.28 billion, adding assets in the Western Anadarko and Permian basin, to increase its revenue base by some 95%. The London-listed firm said the deal adds immediate scale, increases liquids production, and creates a combined company with long-term free cash flow generation, superior unit cash margins, and a compelling sustainability profile.
Diversified Energy Company PLC (DEC) Stock Slides as Market Rises: Facts to Know Before You Trade
In the closing of the recent trading day, Diversified Energy Company PLC (DEC) stood at $16.24, denoting a -0.61% change from the preceding trading day.
Wall Street Analysts Think Diversified Energy Company PLC (DEC) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Diversified Energy Announces Expansion in Appalachian Basin
DEC announces acquisition of producing and midstream assets from Summit Natural Resources for $45M in the Appalachian basin.
Diversified Energy Announces Strategic Bolt-on Acquisition of Complementary Producing & Midstream Assets in the Appalachian Basin
Production Economics Expected to Benefit from Diversified's Regional Presence and Scale Acquisition Grows Coal Mine Methane Revenue Generation Potential BIRMINGHAM, AL / ACCESSWIRE / January 6, 2025 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce the acquisition of operated natural gas properties and related facilities located within Virginia, West Virginia, and Alabama (the "Assets") from Summit Natural Resources (the "Seller") (together with the assets, the "Acquisition"). Transaction Highlights Purchase price of ~$45 million, to be fully funded through cash on hand and current liquidity Current net production of ~12 MMcfepd (2 Mboepd)(a) PDP Reserves of 65 Bcfe (11 MMBoe) with PV-10 of ~$55 million(b) Purchase price equivalent of ~PV-16(b) Estimated 2025 Adj.
Diversified Energy Company to acquire gas assets in West Virginia and Alabama
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has announced its first acquisition of 2025, picking up natural gas assets in West Virginia and Alabama for $45 million. The assets, gas fields and related facilities, are being acquired from Summit Natural Resources – the package includes coal mine methane, with opportunities to extend production in the future.
Diversified Energy Company PLC (DEC) Is Considered a Good Investment by Brokers: Is That True?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Diversified Announces Upcoming Investor Engagement
BIRMINGHAM, AL / ACCESSWIRE / November 19, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces members of its management team, including Rusty Hutson (Founder & CEO), Brad Gray (President & CFO) and Douglas Kris (SVP-IR & Corporate Communications) will participate in the following upcoming investor meetings and conferences: Southwest IDEAS Conference- Wednesday, November 20th, Dallas Stephens Annual Investment Conference- Thursday, November 21st, Nashville Reuters Energy Transition North America- Thursday, December 5th, Houston Mizuho Energy, Power & Infrastructure Conference- Tuesday, December 10th, New York Truist Energy Event- Tuesday, December 17th, Houston Presentation related materials are available on the Company's website: Click Here For further information please contact: Diversified Energy Company PLC +1 973 856 2757 Doug Kris [email protected] Senior Vice President, Investor Relations & Corporate Communications www.div.energy FTI Consulting [email protected] U.S. & UK Financial Public Relations About Diversified Energy Company PLC Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner.
Diversified Energy Company PLC (DEC) Q3 2024 Earnings Call Transcript
Diversified Energy Company PLC (OTCQX:DEC) Q3 2024 Results Conference Call November 12, 2024 8:00 AM ET Company Participants Douglas Kris - VP, IR Rusty Hutson - CEO Brad Gray - President & CFO Conference Call Participants Bert Donnes - Truist Securities David Round - Stifel Simon Scholes - First Berlin Operator Greetings, and welcome to the Diversified Energy Third Quarter 2024 Results Conference Call. At this time, all participants are in listen-only mode.
