| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/28/2024 | $18.00 | Overweight | KeyBanc Capital Markets |
| 6/25/2024 | $18.00 | Buy | Truist |
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
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)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
EFFECT - Diversified Energy Co PLC (0001922446) (Filer)
424B3 - Diversified Energy Co PLC (0001922446) (Filer)
F-1 - Diversified Energy Co PLC (0001922446) (Filer)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
Truist Securities analyst Bertrand Donnes maintains Diversified Energy (NYSE:DEC) with a Buy and raises the price target from $18 to $20.
Earlier this month, Diversified Energy Company PLC (NYSE:DEC) completed the acquisition of certain assets of Oaktree Capital Management. The stock price represents "an attractive entry point," given the company's high free cash flow yield, fixed dividend, and upcoming addition to the Russell 2000, according to Truist Securities. The Diversified Energy Company Analyst: Bertrand Donnes initiated coverage of Diversified Energy Company with a Buy rating and price target of $18. The Diversified Energy Company Thesis: The company has a track record of shareholder returns and is now trading on both the NYSE (New York Stock Exchange) and LSE (London Stock Exchange), Donnes said in the initi
Truist Securities analyst Bertrand Donnes initiates coverage on Diversified Energy (NYSE:DEC) with a Buy rating and announces Price Target of $18.
A Broader Audience of Investors is Expected to Expand our Shareholder Base and Enhance Trading Liquidity BIRMINGHAM, AL / ACCESSWIRE / May 29, 2024 / Diversified Energy Company PLC (LSE:DEC);(NYSE:DEC) ("Diversified" or the "Company") today announced that as part of the annual reconstitution of the Russell stock indexes, Diversified is to be included in the Russell 2000® Index effective at the open of US equity markets on Monday, July 1st, 2024 according to the preliminary list of additions posted on Friday, May 24th, 2024.Rusty Hutson, Jr., CEO of Diversified, commented:"We are excited to join the Russell 2000® Index and increase our exposure to the US investment community, particularly fol
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
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 / October 30, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces the closing of its previously announced acquisition of operated natural gas properties located within eastern Texas (the "Assets") from a regional operator (the "Seller") (the "Acquisition").Acquisition HighlightsTotal gross purchase price of $69 million before customary purchase price adjustments$68 million for high working-interest PDP asset package$1 million for residual (5%) interest of retained undeveloped acreageAcquisition net purchase price of $49 million after customary purchase price adjustmentsPDP reserves of ~70 Bcfe (~12 MMBoe) and a PDP
Represents an Additional Option to Reduce Commodity Price Risk and Enhance MarginsContinuing to Add to 2025-2027 Natural Gas Hedges Advantageously BIRMINGHAM, AL / ACCESSWIRE / October 23, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce the execution of a supply agreement with a major Gulf Coast LNG facility to provide natural gas to export. Under the terms of the agreement, Diversified will provide approximately 40 Bcf of natural gas under a fixed pricing construct indexed to Gulf Coast pricing for a period of three years, beginning in November 2024.Fueled by a vision to supply clean American energy to the world, this signifi
Represents Second East Texas Bolt-On Addition of PDP Production in 2024 and Further Increases Scale in Central RegionJoint Acquisition Partner to Directly Purchase Undeveloped Acreage BIRMINGHAM, AL / ACCESSWIRE / August 20, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") is pleased to announce the execution of a conditional purchase and sale agreement for the acquisition of operated natural gas properties located within eastern Texas (the "Assets") from a regional operator (the "Seller") (the "Acquisition"). Notably, the Assets contain a significant Proved Developed Producing ("PDP") component, approximately $68 million, which will be purchased by
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
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com DENVER, July 29, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for EnerCom Denver – The Energy Investment Conference can now request One-on-One meetings with senior management teams of participating companies (listed below). The energy investment community and industry professionals are encouraged to register now for EnerCom Denver, which will take place August 18–21, 2024, at the Westin Denver Downtown. There is no cost to register for the conference
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver DENVER, July 17, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to publish presentation times and schedules for participating companies on the conference website for the 29th Annual EnerCom Denver – The Energy Investment Conference, to be held August 18-21, 2024, at the Westin Denver Downtown. The four-day conference provides investors unparalleled access and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to qualified investors, incl
BIRMINGHAM, AL / ACCESSWIRE / July 12, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) ("Diversified" or the "Company") announces plans for members of its management team to participate in the following upcoming investor meetings and conferences:Mizuho Investor Meetings- Wednesday, July 17th, TorontoBrad Gray (CFO) and Douglas Kris (SVP-IR & Corporate Communications)Truist Energy Event- Monday, August 19th, DenverBrad Gray (CFO) and Douglas Kris (SVP- IR & Corporate Communications)EnerCom Conference- Tuesday, August 20th & Wednesday, August 21st, DenverBrad Gray (CFO) and Douglas Kris (SVP-IR & Corporate Communications)Midwest IDEAS Conference- Thursday, August 29th, ChicagoDouglas