KeyBanc Capital Markets initiated coverage of Diversified Energy Company plc with a rating of Overweight and set a new price target of $18.00

Truist initiated coverage of Diversified Energy Company plc with a rating of Buy and set a new price target of $18.00

2024 Achievements Position Diversified on a Meaningful Path Forward as a Stronger and Larger Company Executed Approximately $2 Billion of Acquisitions in an Advantageous Pricing Environment Third year of Consistent Operating Costs Despite Broader Industry and Inflationary Pressures Maverick Integration Anticipated to Provide Meaningful Financial and Operational Benefits to Drive Free Cash Flow Acceleration Created a PDP Solution for Upstream Peers to Facilitate Operated Acquisitions with an Undeveloped Inventory Focus BIRMINGHAM, Ala., March 17, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC ((LSE: DEC, NYSE:DEC) is pleased to announce its operational and final audited resul

BIRMINGHAM, Ala., March 14, 2025 (GLOBE NEWSWIRE) -- Further to the announcements on January 27, 2025 and February 20, 2025, Diversified Energy Company PLC ((LSE: DEC, NYSE:DEC) ("Diversified" or the "Company"), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the completion of its previously announced acquisition of Maverick Natural Resources (the "Acquisition"). Issue of shares In connection with the Acquisition and following the overwhelming approving by the shareholders of the Company at the general meeting on March 10, 2025, the Company has allotted and issued 21,194,213 new ordinary share

Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve innovative capital structuring coupled with environmental credit cash flow generation from the fuel cell platforms and coal mine methane (CMM) Clean fuel cell technology can reduce the carbon footprint of data center and other high-volume electrical off-takers Projects aspire to create jobs and other economic benefits focused on the Appalachian region BIRMINGHAM, A

Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve innovative capital structuring coupled with environmental credit cash flow generation from the fuel cell platforms and coal mine methane (CMM) Clean fuel cell technology can reduce the carbon footprint of data center and other high-volume electrical off-takers Projects aspire to create jobs and other economic benefits focused on the Appalachian region BIRMINGHAM, Ala. and DANB

EnerCom Denver – The Energy Investment Conference will celebrate 30 years of bringing together the broader energy sector, including companies, investors, analysts, and industry leaders! Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies  Sponsorship opportunities are available for companies seeking to increase their marketplace awareness  DENVER, March 4, 2025 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce a robust list of companies have already confirmed their attendance for the 30th annual EnerCom Denver – The Energy Investment Conference to be held August 17-20, 2025, at the Westin Downtown Denver. EnerCom Denver

Bolt-on Acquisition Increases Coal Mine Methane Environmental Credit Cash Flow, Expands Midstream Infrastructure, and Enhances Southern Appalachia Prices Strategic Refinance Incorporates 40% Improvement in Cash Flow from New Hedges and an Innovative Master Trust Structure Solidifies Diversified as the Leading Issuer of Oil & Gas Securitizations BIRMINGHAM, Ala., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC ((LSE:DEC, NYSE:DEC) ("Diversified" or the "Company") announces the close of its previously announced acquisition of operated natural gas properties and related midstream pipeline infrastructure located within Virginia, West Virginia, and Alabama (the "Assets") fro

BIRMINGHAM, Ala., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC ((LSE: DEC, NYSE:DEC) ("Diversified" or the "Company"), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the pricing of its previously announced underwritten public offering (the "Offering") of 8,500,000 ordinary shares (the "Shares") at a public offering price of $14.50 per Share for total gross proceeds of approximately $123.3 million. The Offering is expected to settle on February 21, 2025, subject to customary closing conditions. In addition, Diversified has granted the underwriters a 30-day option to purchase up t

BIRMINGHAM, Ala., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC ((LSE: DEC, NYSE:DEC) ("Diversified" or the "Company"), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the launch of an underwritten public offering (the "Offering") in the United States of up to 8,500,000 ordinary shares (the "Shares"). Citigroup and Mizuho are acting as joint book-running managers and underwriters for the proposed Offering. In addition, Diversified intends to grant the underwriters an option to purchase up to an additional 850,000 ordinary shares at the public offering price, less underwriting di

Seventh Year in a Row of Approximately 50% or Better Cash Margins Cash Flow Growth Initiatives Contributed Over $50 million in Cash Flow Company Returned Over $105 million to Shareholders in 2024 BIRMINGHAM, Ala., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC ((LSE: DEC, NYSE:DEC) ("Diversified" or the "Company") is pleased to announce the following operations and trading update for the year ended December 31, 2024. Delivering Reliable Results Full-year 2024 average production of 791 MMcfepd (132 Mboepd) 4Q24 average production of 843 MMcfepd (141 Mboepd)December 2024 exit rate of 864 MMcfepd (144 Mboepd) 2024 Adjusted EBITDA(a) of $470-$475 million; Adjusted Free

Pioneer Energy announced today that in partnership with Diversified Energy (LSE:DEC)(NYSE:DEC), it has been selected by the U.S. Department of Energy (DOE) and the U.S. Environmental Protection Agency (EPA) for a $5 million award to adapt Pioneer's Emission Control Treater™ (ECT) technology to eliminate flaring and emissions at marginal conventional wells (MCWs). This technology will be demonstrated by Diversified Energy Company at their field locations in East Texas. The Emission Control Treater (ECT) is a breakthrough well pad production technology that performs better separation than existing phase separators. As a result, there is no flash gas left in the crude and there is a lot less

SC 13G/A - Diversified Energy Co PLC (0001922446) (Subject)

SC 13G - Diversified Energy Co PLC (0001922446) (Subject)

SC 13G - Diversified Energy Co PLC (0001922446) (Subject)

2024 Achievements Position Diversified on a Meaningful Path Forward as a Stronger and Larger Company Executed Approximately $2 Billion of Acquisitions in an Advantageous Pricing Environment Third year of Consistent Operating Costs Despite Broader Industry and Inflationary Pressures Maverick Integration Anticipated to Provide Meaningful Financial and Operational Benefits to Drive Free Cash Flow Acceleration Created a PDP Solution for Upstream Peers to Facilitate Operated Acquisitions with an Undeveloped Inventory Focus BIRMINGHAM, Ala., March 17, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC ((LSE: DEC, NYSE:DEC) is pleased to announce its operational and final audited resul

Seventh Year in a Row of Approximately 50% or Better Cash Margins Cash Flow Growth Initiatives Contributed Over $50 million in Cash Flow Company Returned Over $105 million to Shareholders in 2024 BIRMINGHAM, Ala., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC ((LSE: DEC, NYSE:DEC) ("Diversified" or the "Company") is pleased to announce the following operations and trading update for the year ended December 31, 2024. Delivering Reliable Results Full-year 2024 average production of 791 MMcfepd (132 Mboepd) 4Q24 average production of 843 MMcfepd (141 Mboepd)December 2024 exit rate of 864 MMcfepd (144 Mboepd) 2024 Adjusted EBITDA(a) of $470-$475 million; Adjusted Free

Production Economics Expected to Benefit from Diversified's Regional Presence and ScaleAcquisition 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 HighlightsPurchase price of ~$45 million, to be fully funded through cash on hand and current liquidityCurrent net production of ~12 MMcfepd (2 Mboep

Continued Focus on Debt Repayments & Additional Undeveloped Land SalesExpanding Value Creation with Revenue from Coal Mine Methane Environmental CreditsBIRMINGHAM, AL / ACCESSWIRE / November 12, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) is pleased to announce the following operations and trading update for the quarter ended September 30, 2024.Delivering Reliable ResultsRecorded average 3Q24 production of 829 MMcfepd (138 Mboepd)September 2024 exit rate of 851 MMcfepd (142 Mboepd)Operating Cash Flow of $102 million, and Net loss of $1 million inclusive of non-cash unsettled derivative adjustments, and non-cash depreciation, depletion and amortizationAchieved 3Q24 Adjusted EBIT

BIRMINGHAM, AL / ACCESSWIRE / November 12, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or "the Company") is pleased to announce that the Board has declared an interim dividend of 29 cents per share in respect of 3Q24 for the three month period ended September 30, 2024.Key dates related to this dividend include:Record Date: February 28, 2025Payment Date: March 31, 2025Default Currency: US DollarCurrency Election Option: SterlingLast Date for Currency Election: March 7, 2025Diversified will pay the dividend in U.S. dollars while continuing to make available to shareholders a sterling election. For those shareholders who wish to receive their dividend payment in ste

BIRMINGHAM, AL / ACCESSWIRE / October 31, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce that the Company plans to publish its Trading Statement for the three months ended September 30, 2024 (the "3Q24Trading Statement") on Tuesday, November 12, 2024. The Company will host a conference call that day at 1:00 PM GMT (8:00 AM EST) to discuss the 3Q24Trading Statement and will make an audio replay of the event available shortly thereafter.Conference DetailsUS (toll-free)+1 877 836 0271UK (toll-free)+44 (0)800 756 3429Web Audiohttps://www.div.energy/news-events/ir-calendareventsReplay Informationhttps://ir.div.energy/financial-inf

BIRMINGHAM, AL / ACCESSWIRE / August 15, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or "the Company") is pleased to announce that the Board has declared an interim dividend of 29 cents per share in respect of 2Q24 for the three month period ended June 30, 2024.Key dates related to this dividend include:Record Date: November 29, 2024Payment Date: December 27, 2024Default Currency: US DollarCurrency Election Option: SterlingLast Date for Currency Election: December 6, 2024Diversified will pay the dividend in U.S. dollars while continuing to make available to shareholders a sterling election. For those shareholders who wish to receive their dividend payment in ster

Delivering Reliable Production with Low Capital Intensity, Sequential Cost Improvement and Consistent Cash Margins BIRMINGHAM, AL / ACCESSWIRE / August 15, 2024 / Diversified Energy Company PLC (LSE:DEC) is pleased to announce it is trading in line with expectations and provides its Interim Results for the six months ended June 30, 2024 and other recent highlights.Delivering Reliable ResultsAverage net daily production: 746 MMcfepd (124 Mboepd);Reflects effectively flat production volumes since 4Q2023, on a normalized basis(a)June 2024 exit rate of 855 MMcfepd (143 Mboepd), including the impact of the Oaktree AcquisitionNet Income of $16 million, inclusive of approximately $98 million in tax

BIRMINGHAM, AL / ACCESSWIRE / August 7, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce that the Company plans to publish its Interim Results for the six months ended June 30, 2024 (the "Interim Results") on Thursday, August 15, 2024. The Company will host a conference call that day at 2:00 PM BST (9:00 AM EDT) to discuss the Interim Results and will make an audio replay of the event available shortly thereafter.Conference DetailsUS (toll-free)+ 1 877 836 0271UK (toll-free)+ 44 (0)800 756 3429Web Audiohttps://www.div.energy/news-events/ir-calendareventsReplay Informationhttps://ir.div.energy/financial-infoPrior to the event, D

De-Leverages Balance Sheet, Provides Flexibility, and Positions for GrowthBIRMINGHAM, AL / ACCESSWIRE / March 19, 2024 / Diversified Energy Company PLC (LSE:DEC);(NYSE:DEC) ("Diversified," "DEC," or the "Company") is pleased to announce its final audited results for the year ended December 31, 2023. Additionally, the Company is pleased to announce that it has entered into a conditional agreement with Oaktree Capital Management, L.P. ("Oaktree" or "OCM") for the strategic acquisition of working interests in certain assets operated in the Central Region ("Acquisition"). Further, the Company also announces a revised capital allocation framework designed to strengthen the balance sheet and provi