Diversified Energy Company PLC (NYSE:DEC ) Acquisition of Canvas Energy Conference Call Company Participants Douglas Kris - Senior Vice President of Investor Relations & Corporate Communications Robert Hutson - Co-Founder, CEO & Director Bradley Gray - President & CFO Conference Call Participants Timothy Rezvan - KeyBanc Capital Markets Inc., Research Division Charles Meade - Johnson Rice & Company, L.L.C., Research Division Tim Hurst-Brown Sam Wahab - Peel Hunt LLP, Research Division Presentation Operator Greetings, and welcome to the Diversified Energy Company acquisition of Canvas Energy Webcast and Conference Call.
Diversified Energy acquires mature PDP wells and returns capital through high-yield dividends and share repurchases, even amid weak natural gas prices. Despite its industry-leading free cash flow and dividend yields, the stock trades at a discount in part due to market concerns over its large asset retirement obligations. Diversified addresses the ARO issue by building in-house plugging capabilities, using gross profit generated from retiring third-party wells to cover costs incurred on retiring its own wells.
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 Energy Company PLC (LSE:DEC, NYSE:DEC) has announced that Sandra Stash, who was senior independent director, will step down from the board effective August 12. Subsequently, David Turner is expected to replace Sandta Stash on the board.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) is tipped to add substantial value to its current market price, as the US-focussed mature oil and gas firm continues to impress with its operating and financial performance. In London, stockbroker Stifel has repeated a ‘Buy' recommendation with an NAV-based price target pitched at 2,018p – versus the current price of 1,145p.
Diversified Energy Company PLC (NYSE:DEC ) Q2 2025 Earnings Conference Call August 11, 2025 8:00 AM ET Company Participants Bradley Grafton Gray - President & CFO Douglas Kris - Corporate Participant Robert Russell Hutson - Co-Founder, CEO & Director Conference Call Participants Charles Arthur Meade - Johnson Rice & Company, L.L.C., Research Division David Matthew Round - Stifel, Nicolaus & Company, Incorporated, Research Division Jonathan S.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) told investors that its portfolio continues to deliver consistent returns, as it reports strong first half financials. DEC reported second-quarter 2025 revenue of $510 million and earnings (adjusted EBITDA) of $280 million.
I am upgrading Diversified Energy Corporation to a STRONG BUY with a $21.38/share target, reflecting robust growth prospects and asset expansion. The $2B Carlyle partnership and recent acquisitions position DEC for significant, low-cost production growth, especially in the Central, Permian, and Appalachian regions. DEC's sophisticated hedging and asset-backed securitization de-risk commodity exposure and support long-term value creation.
In the latest trading session, Diversified Energy Company PLC (DEC) closed at $15.22, marking a +2.35% move from the previous day.
Peel Hunt has described the recent weakness in Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) shares as a “compelling buying opportunity”, arguing that the stock's fall is unwarranted. The drop followed a Reuters report suggesting potential US tax penalties for UK-headquartered energy companies.
In the latest trading session, Diversified Energy Company PLC (DEC) closed at $14.02, marking a -5.53% move from the previous day.
In the closing of the recent trading day, Diversified Energy Company PLC (DEC) stood at $14.30, denoting a +2.07% change from the preceding trading day.