NYSE:DECOil and Gas
Diversified Energy Expands East Texas Gas Footprint And Ups Share Buybacks
Diversified Energy (NYSE:DEC) has agreed to acquire high working interest natural gas assets in East Texas, expanding its existing footprint in the region.
The new properties sit near the company’s current operations, which may support operational synergies across production and infrastructure.
Alongside the acquisition, Diversified Energy announced a fresh share buyback program and confirmed the completion of a prior repurchase tranche.
Diversified Energy, trading at $14.52, is adding to...