KeyBanc Capital Markets initiated coverage on Diversified Energy Company plc with a new price target
$DEC
KeyBanc Capital Markets initiated coverage of Diversified Energy Company plc with a rating of Overweight and set a new price target of $18.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/28/2024 | $18.00 | Overweight | KeyBanc Capital Markets |
| 6/25/2024 | $18.00 | Buy | Truist |
6-K - Diversified Energy Co PLC (0001922446) (Filer)
6-K - Diversified Energy Co PLC (0001922446) (Filer)
EFFECT - Diversified Energy Co PLC (0001922446) (Filer)
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
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
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
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
Pioneer Energy announced today they have been selected by the U.S. Department of Energy for four different awards which collectively total $27 million. Three of these are intended to advance the company's Emission Control Treater™ (ECT), a breakthrough near zero emissions well pad production technology that can increase crude yield by 5-10%. The ECT is a closed system that completely processes the crude, resulting in zero routine flaring with no need for atmospheric storage tanks. It performs better separation than existing phase separators, resulting in no flash gas left in the crude and a lot less heavy NGLs left in the gas. This new technology utilizes state-of-the-art, cloud-connected
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
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)