Duyuru • May 23
Diversified Energy Company Announces Appointment of Kirk Oliver as Independent Non-Executive Director and A Member of the Board’s Audit and Risk and Sustainability and Safety Committee, Effective May 21, 2026 Diversified Energy Company announced that its Board of Directors has appointed Kirk Oliver as an independent non-executive director, effective May 21, 2026. Mr. Oliver brings approximately 20 years of energy industry and financial expertise. He most recently served as Executive Vice President and Chief Financial Officer of Equitrans Midstream Corporation. Prior to joining Equitrans, Mr. Oliver was the Chief Financial Officer of UGI. Mr. Oliver has also held senior executive and financial leadership positions at Allegheny Energy, TXU Corporation and Hunt Power. Earlier in his career, Mr. Oliver worked in investment banking at Lehman Brothers in the Global Power and Energy Group. Mr. Oliver received his Bachelor of Science degree in Electrical Engineering from Lawerence Technological University and holds a Masters in Business Administration from the University of Chicago Booth School of Business. Upon his appointment, Mr. Oliver will become a member of the Board’s Audit and Risk and Sustainability and Safety Committee. Duyuru • Apr 30
Diversified Energy Company to Report Q1, 2026 Results on May 06, 2026 Diversified Energy Company announced that they will report Q1, 2026 results After-Market on May 06, 2026 Duyuru • Mar 25
Diversified Energy Company, Annual General Meeting, May 06, 2026 Diversified Energy Company, Annual General Meeting, May 06, 2026. Duyuru • Mar 11
Diversified Energy Company has completed a Follow-on Equity Offering in the amount of $107.355183 million. Diversified Energy Company has completed a Follow-on Equity Offering in the amount of $107.355183 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,501,585
Price\Range: $14.311 Duyuru • Feb 12
Diversified Energy Company to Report Fiscal Year 2025 Results on Feb 26, 2026 Diversified Energy Company announced that they will report fiscal year 2025 results After-Market on Feb 26, 2026 Duyuru • Jan 24
Diversified Energy Company Announces Resignation of Randall Wade from Board of Directors Diversified Energy Company announced that pursuant to the terms of the Relationship Agreement executed with EIG Management Company, LLC upon Diversified Energy’s acquisition of Maverick Natural Resources from investment funds managed by EIG and other owners in 2025, Randall Wade, Co-Founder of EIG, has resigned from the Company’s Board of Directors following a reduction in EIG’s ownership of Diversified Energy below 10% of the Company’s outstanding shares. Mr. Wade has served as a valued member of the Board, contributing his deep expertise in energy investments and strategic growth. Mr. Wade's resignation was not the result of any disagreement with the
Company. Duyuru • Dec 05
Diversified Energy Files Form 15 Diversified Energy Company PLC has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Ordinary Shares, par value £0.20 per share under the Securities Exchange Act of 1934, as amended. Duyuru • Nov 25
Diversified Energy Company PLC (LSE:DEC) completed the acquisition of CANVAS ENERGY LLC. Diversified Energy Company PLC (LSE:DEC) entered into an agreement to acquire CANVAS ENERGY LLC for approximately $550 million on September 8, 2025. The consideration consists of 3.4 million in new U.S. dollar-denominated ordinary shares, a privately rated and bilaterally structured asset-backed securitization originated by Carlyle of up to $400 million supported by the Assets, along with the balance in cash from existing liquidity under the Diversified Energy Company borrowing capacity, subject to any purchase price adjustments. In case of termination of transaction, Diversified Energy Company PLC will pay a termination fee of $55 million.
For Year ending June 30, 2025, CANVAS ENERGY reported gross assets amounted to $689 million, revenue and other income items of Canvas was $304 million, and net income (loss) was $107 million. The purchase price is targeted at approximately 4.0x the EBITDA .
The ordinary shares will be subject to a customary commercial registration lock-up agreement. The transaction is subject to regulatory approval. Diversified Energy Company expects to close the acquisition during the fourth quarter of 2025. As of November 19, 2025, the transaction is expected to complete on or around November 24, 2025.
Kirkland & Ellis LLP acted as legal advisor for Diversified Energy Company PLC. KeyBanc Capital Markets Inc. acted as financial advisor for Diversified Energy Company PLC. Evercore Inc. acted as financial advisor for CANVAS ENERGY LLC. BofA Securities, Inc. acted as financial advisor for CANVAS ENERGY LLC. Sidley Austin LLP acted as legal advisor for CANVAS ENERGY LLC. Legado Capital Advisors acted as financial advisor for Diversified Energy Company PLC. TCG Capital Markets L.L.C. acted as financial advisor for Diversified Energy Company PLC.
Diversified Energy Company PLC (LSE:DEC) completed the acquisition of CANVAS ENERGY LLC on November 24, 2025 Duyuru • Nov 20
Diversified Energy Company PLC has filed a Follow-on Equity Offering. Diversified Energy Company PLC has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 80,620,444 Duyuru • Nov 04
Diversified Energy Announces Third Quarter Dividend, Payable on March 31, 2026 Diversified Energy Company PLC has declared an interim dividend of 29 cents per share for the three-month period ended September 30, 2025. Key dates: Record date is February 27, 2026; payment date is March 31, 2026. Duyuru • Oct 22
Diversified Energy Company PLC to Report Q3, 2025 Results on Nov 03, 2025 Diversified Energy Company PLC announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Duyuru • Sep 09
Diversified Energy Company PLC (LSE:DEC) entered into an agreement to acquire CANVAS ENERGY LLC for approximately $550 million. Diversified Energy Company PLC (LSE:DEC) entered into an agreement to acquire CANVAS ENERGY LLC for approximately $550 million on September 8, 2025. The consideration consists of 3.4 million in new U.S. dollar-denominated ordinary shares, a privately rated and bilaterally structured asset-backed securitization originated by Carlyle of up to $400 million supported by the Assets, along with the balance in cash from existing liquidity under the Diversified Energy Company borrowing capacity, subject to any purchase price adjustments. In case of termination of transaction, Diversified Energy Company PLC will pay a termination fee of $55 million.
For Year ending June 30, 2025, reported gross assets amounted to $689 million, revenue and other income items of Canvas was $304 million, and net income (loss) was $107 million.
The ordinary shares will be subject to a customary commercial registration lock-up agreement. The Company expects to close the Acquisition during the fourth quarter of 2025.
Kirkland & Ellis LLP acted as legal advisor for Diversified Energy Company PLC. KeyBanc Capital Markets Inc. acted as financial advisor for Diversified Energy Company PLC. Evercore Inc. acted as financial advisor for CANVAS ENERGY LLC. BofA Securities, Inc. acted as financial advisor for CANVAS ENERGY LLC. Sidley Austin LLP acted as legal advisor for CANVAS ENERGY LLC. Legado Capital Advisors acted as financial advisor for Diversified Energy Company PLC. TCG Capital Markets L.L.C. acted as financial advisor for Diversified Energy Company PLC. Duyuru • Jul 28
Diversified Energy Company PLC to Report Q2, 2025 Results on Aug 11, 2025 Diversified Energy Company PLC announced that they will report Q2, 2025 results on Aug 11, 2025 Duyuru • Jul 02
Diversified Energy Company PLC Promotes Michael Garrett to Chief Accounting Officer Diversified Energy Company PLC announced the promotion of Michael Garrett to Chief Accounting Officer (“CAO”). Mr. Garrett, a certified public accountant, has been at Diversified since 2018, where he has held various leadership positions and currently serves as a Senior Vice President and Controller. In his new role, Garrett will be responsible for leading the Company’s corporate and regulatory accounting matters, external financial reporting, controllership, and tax, overseeing a team of approximately 75 financial professionals across numerous offices. Garrett will continue to report to Brad Gray, Diversified's President & Chief Financial Officer. Garrett brings 20 years of advanced accounting experience to his new role. He has previously served in accounting functions at Callon Petroleum, Pfizer, and Pinnacle Airlines with progressively higher responsibilities. Garrett is a graduate of Lambuth University with a degree in accounting and is a Certified Public Accountant (“CPA”). Duyuru • Apr 14
Diversified Energy Company PLC Appoints Randall Wade as an Independent Non-Executive Director, Effective 11 April 2025 and to Become Member of the Board’s Sustainability and Safety Committee Diversified Energy Company PLC announced that its Board of Directors (the “Board”) has appointed Randall Wade as an independent non-executive director, effective 11 April 2025. Mr. Wade is a Co-Founder of EIG and a member of its Investment and Executive Committees. He has broad involvement in the firm’s various activities including investments, investor relations, operations and strategic initiatives. Since joining EIG in 1996, Mr. Wade has filled various roles including President, Chief Operating Officer, head of the direct lending strategy, investment principal with coverage responsibility for Australia and an analyst for the oil and gas team. Prior to joining EIG, Mr. Wade was a Commercial Lending Officer for First Interstate Bank of Texas, where he was responsible for developing a middle-market loan portfolio. Mr. Wade received his B.A. in Economics and his B.B.A. in Finance from the University of Texas at Austin. Upon his appointment, Mr. Wade will become a member of the Board’s Sustainability and Safety Committee. Mr. Wade previously served as a director for NGL Energy Partners and has held no other public company directorate positions in the last five years. Duyuru • Mar 19
Diversified Energy Company PLC Recommends Dividend for the Third Quarter Ended September 30, 2024, Payable March 31, 2025 Diversified Energy Company PLC recommend dividend of $0.29 per share for the third quarter ended September 30, 2024. The Company will pay the Third Quarter 2024 Dividend on March 31, 2025 to those shareholders on the register on February 28, 2025. The Company announces that shareholders who have elected to receive their dividends in GBP sterling will receive an equivalent dividend payment of 22.241 pence per share, based on the March 17, 2025 exchange rate of GBP 0.76693= $1.00.
. Duyuru • Mar 15
Diversified Energy Company plc Appoints Rick Gideon as Chief Operating Officer, Effective March 18, 2025 Further to the announcements on January 27, 2025 and February 20, 2025, Diversified Energy Company PLC announced the completion of its previously announced acquisition of Maverick Natural Resources (the “Acquisition”). Following the closing of the Acquisition, Rick Gideon, Chief Executive Officer (CEO) of Maverick Natural Resources will become the Chief Operating Officer (COO) of the Company effective March 18th, 2025. Duyuru • Feb 28
Diversified Energy Company PLC completed the acquisition of acquire operated natural gas properties and related facilities of Summit Natural Resources LLC. Diversified Energy Company PLC (LSE:DEC) agreed to acquire operated natural gas properties and related facilities of Summit Natural Resources LLC for $45 million on January 6, 2025. A cash consideration of $45 million will be paid by Diversified Energy Company PLC. The transaction will be financed through cash on hand and current liquidity of $45 million.
The expected completion of the transaction is the first quarter of 2025.
Diversified Energy Company PLC completed the acquisition of acquire operated natural gas properties and related facilities of Summit Natural Resources LLC on February 27, 2025. Detring Energy Advisors acted as a advisor to Summit Natural Resources. Duyuru • Feb 20
Diversified Energy Company PLC has completed a Follow-on Equity Offering in the amount of $123.25 million. Diversified Energy Company PLC has completed a Follow-on Equity Offering in the amount of $123.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,500,000
Price\Range: $14.5 Duyuru • Feb 19
Diversified Energy Company PLC has filed a Follow-on Equity Offering. Diversified Energy Company PLC has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,500,000 Duyuru • Feb 11
Diversified Energy Company PLC to Report Fiscal Year 2024 Results on Mar 17, 2025 Diversified Energy Company PLC announced that they will report fiscal year 2024 results on Mar 17, 2025 Duyuru • Jan 27
Diversified Energy Reportedly in Advanced Talks to Buy Maverick Natural Diversified Energy Company PLC (LSE:DEC) is in advanced talks to buy private-equity-owned Maverick Natural Resources, LLC in what would be its largest acquisition ever, according to people familiar with the matter. A deal would value Maverick at roughly $1.3 billion, including debt, and could be announced as soon as early January 27, 2025, the people said. Duyuru • Nov 12
Diversified Energy Company PLC Declares Interim Dividend for the Third Quarter Ended September 30, 2024, Payable on March 31, 2025 Diversified Energy Company PLC announced that the Board has declared an interim dividend of 29 cents per share in respect of third quarter of 2024 for the three month period ended September 30, 2024. Record Date: February 28, 2025. Payment Date: March 31, 2025. Default Currency: USD. Duyuru • Aug 17
Diversified Energy Company PLC (LSE:DEC) completed the acquisition of High-working interest, operated natural gas properties and related facilities located in Texas from Crescent Pass Energy, LLC for approximately $100 million. Diversified Energy Company PLC (LSE:DEC) signed conditional purchase and sale agreement to acquire High-working interest, operated natural gas properties and related facilities located in Texas from Crescent Pass Energy, LLC for approximately $110 million on July 10, 2024. The Acquisition will be funded through a combination of the issuance of approximately 2.4 million new U.S. dollar-denominated ordinary shares direct to Crescent Pass Energy and a senior secured bank facility supported by the acquired assets, along with existing and expanded liquidity from the Diversified Energy Company PLC's recently increased borrowing capacity. The ordinary shares will be subject to a customary commercial lock-up agreement. The expected completion of the transaction is in the third quarter of 2024. Rahul D. Vashi of Gibson, Dunn & Crutcher LLP acted as legal advisor to Diversified Energy Company PLC.
Diversified Energy Company PLC (LSE:DEC) completed the acquisition of High-working interest, operated natural gas properties and related facilities located in Texas from Crescent Pass Energy, LLC for approximately $100 million on August 16, 2024. Consideration for the Acquisition consists of a combination of the issuance of 2,249,650 new US-dollar denominated ordinary shares to the Seller (the “New Shares”) (subject to a customary commercial lock-up agreement), and cash consideration of $71 million Duyuru • Aug 15
Diversified Energy Company plc Declares Interim Dividend in Respect of Second Quarter of 2024 for the Three Month Period Ended June 30, 2024, Payable on December 27, 2024 Diversified Energy Company PLC announced that the Board has declared an interim dividend of 29 cents per share in respect of second quarter of 2024 for the three month period ended June 30, 2024. Record Date is November 29, 2024 and Payment Date is December 27, 2024. Duyuru • Aug 07
Diversified Energy Company PLC to Report First Half, 2024 Results on Aug 15, 2024 Diversified Energy Company PLC announced that they will report first half, 2024 results on Aug 15, 2024 Duyuru • Jun 08
Diversified Energy Company PLC (LSE:DEC) completed the acquisition of working interests in certain assets operated in the Central Region from Oaktree Capital Management, L.P. Diversified Energy Company PLC (LSE:DEC) entered into a conditional agreement to acquire working interests in certain assets operated in the Central Region from Oaktree Capital Management, L.P. for approximately $410 million on March 19, 2024. Under the transaction, Diversified Energy will acquire Oaktree’s proportionate interest in the previously announced Indigo, Tanos III, East Texas, and Tapstone acquisitions (the “Assets”) for an estimated gross purchase price of $410 million (approximately $386 million net), which includes the assumption of approximately $120 million in amortizing notes and a hedge book with a positive mark-to-market of approximately $70 million. The consideration is subject to customary purchase price adjustments and is expected to be satisfied through existing and expanded liquidity, the assumption of Oaktree’s proportionate debt of approximately $120 million associated with the ABS VI amortizing note, and approximately $90 million in deferred cash payments to Oaktree. Additional liquidity for the acquisition may be generated from non-core asset sales and the potential issuance of a private placement preferred instrument. As part of the acquisition, Diversified will acquire certain hedging contracts from Oaktree that will provide ongoing protection despite the recent downturn in the gas market at volumes consistent with the Company’s overall hedging strategy while also maintaining strong long-term cash upside potential from the assets. The acquisition is conditional on the approval of DEC’s shareholders at a general meeting. The acquisition is expected to be accretive. As on May 28, 2024, the transaction is approved by the shareholders of Diversified Energy Company at the Company's General Meeting. Jeremy Kennedy, Brandon Jones of Haynes and Boone, LLP acted as legal advisors to Diversified Energy. Michael Piazza, Rahul Vashi, Adam Whitehouse, Michael Cannon, Doug Horowitz, Christopher Milla, Jesse Myers, and Chris Haynes of Gibson, Dunn & Crutcher LLP acted as legal advisors to Oaktree.Diversified Energy Company PLC (LSE:DEC) completed the acquisition of working interests in certain assets operated in the Central Region from Oaktree Capital Management, L.P. on June 7, 2024. Diversified Energy Company will pay an earnout of $83 million and assumed $120 million associated with the ABS VI amortizing note and other expanded liquidity sources. Declared Dividend • May 24
Dividend of US$0.29 announced Shareholders will receive a dividend of US$0.29. Ex-date: 29th August 2024 Payment date: 27th September 2024 Dividend yield will be 11%, which is higher than the industry average of 6.7%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but not covered by cash flows (188% cash payout ratio). The dividend has increased by an average of 33% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to decline by 90% over the next 3 years. Since a fall of 80% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Upcoming Dividend • May 16
Upcoming dividend of US$0.29 per share Eligible shareholders must have bought the stock before 23 May 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 18% but the company is paying out more than the cash it is generating. Trailing yield: 20%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (4.3%). Duyuru • May 10
Diversified Energy Company PLC Announces Dividend for the First Quarter Ended March 31, 2024, Payable on September 27, 2024 Diversified Energy Company PLC announced that the Board has declared an interim dividend of 29 cents per share in respect of first quarter ended March 31, 2024. Record Date: August 30, 2024. Payment Date: September 27, 2024. Default Currency: US Dollar. Currency Election Option: Sterling. Last Date for Currency Election: September 6, 2024. Declared Dividend • Apr 14
Fourth quarter dividend of US$0.29 announced Shareholders will receive a dividend of US$0.29. Ex-date: 23rd May 2024 Payment date: 28th June 2024 Dividend yield will be 9.3%, which is higher than the industry average of 6.7%. Sustainability & Growth Dividend is covered by earnings (14% earnings payout ratio) but not covered by cash flows (226% cash payout ratio). The dividend has increased by an average of 36% per year over the past 7 years and payments have been stable during that time. EPS is expected to decline by 100% over the next 3 years. Since a fall of 84% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Duyuru • Apr 11
Diversified Energy Company PLC, Annual General Meeting, May 10, 2024 Diversified Energy Company PLC, Annual General Meeting, May 10, 2024, at 09:00 US Eastern Standard Time. Location: at the offices of FTI Consulting, 200 Aldersgate, Aldersgate Street, London United Kingdom Buy Or Sell Opportunity • Mar 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to UK£8.56. The fair value is estimated to be UK£10.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to decline by 87% in the next 2 years. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: US$16.07 (vs US$14.82 loss in FY 2022) Full year 2023 results: EPS: US$16.07 (up from US$14.82 loss in FY 2022). Revenue: US$806.8m (down 56% from FY 2022). Net income: US$758.0m (up US$1.38b from FY 2022). Profit margin: 94% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Combined production Oil equivalent production: 49.939 MMboe (49.354 MMboe in FY 2022) Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 1.6% decline forecast for the Oil and Gas industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Upcoming Dividend • Feb 22
Upcoming dividend of US$0.92 per share Eligible shareholders must have bought the stock before 29 February 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 29%. Within top quartile of British dividend payers (6.0%). Higher than average of industry peers (4.8%). Duyuru • Jan 30
Diversified Energy Company PLC to Report Fiscal Year 2023 Results on Mar 19, 2024 Diversified Energy Company PLC announced that they will report fiscal year 2023 results on Mar 19, 2024 Upcoming Dividend • Nov 24
Upcoming dividend of US$0.044 per share at 19% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 19%. Within top quartile of British dividend payers (6.2%). Higher than average of industry peers (6.6%). Duyuru • Nov 15
Diversified Energy Company plc Declares Interim Dividend for the Third Quarter Ended 30 September 2023, Payable on 28 March 2024 Diversified Energy Company PLC declared interim dividend for the third quarter ended 30 September 2023 of 4.375 cents per share. The dividend will be Payable on 28 March 2024 with Ex-dividend Date of 29 February 2024 and Record Date of 1 March 2024. Duyuru • Sep 19
Diversified Energy Company plc Announces Executive Leadership Changes Diversified Energy Company PLC announced executive leadership changes that allow for the continued execution of the Company’s long-term strategic vision. Eric Williams, Executive Vice President and Chief Financial Officer, has resigned from the Company, effective immediately, to pursue other professional opportunities. Mr. Williams will work with the Company through the end of September 2023 to ensure a smooth transition of leadership. Concurrent with Mr. William’s resignation, Brad Gray, the Company’s current Executive Vice President and Chief Operating Officer, has been promoted to President and will assume the role of Chief Financial Officer, effective immediately. As part of his transition in responsibilities, Mr. Gray has resigned from the Board of Directors. Leveraging a stable of top talent, Maverick Bentley, currently Senior Vice President of Midstream Operations, has been promoted to Executive Vice President of Operations; Benjamin Sullivan, currently General Counsel, has been promoted to Senior Executive Vice President and Chief Legal & Risk Officer; Ron Ridgway, currently Senior Vice President of Energy Marketing, has been promoted to Executive Vice President of Energy Marketing. New Risk • Sep 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 86% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 86% per year for the foreseeable future. High level of non-cash earnings (80% accrual ratio). Minor Risks High level of debt (267% net debt to equity). Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (14% increase in shares outstanding). Reported Earnings • Sep 03
First half 2023 earnings released: EPS: US$0.68 (vs US$1.10 loss in 1H 2022) First half 2023 results: EPS: US$0.68 (up from US$1.10 loss in 1H 2022). Revenue: US$456.0m (down 49% from 1H 2022). Net income: US$630.0m (up US$1.57b from 1H 2022). Revenue is expected to fall by 12% p.a. on average during the next 3 years compared to a 2.6% decline forecast for the Oil and Gas industry in the United Kingdom. Duyuru • Sep 01
Diversified Energy Announces Dividend for the Second Quarter Ended June 30, 2023, Payable on December 29, 2023 Diversified Energy Company PLC announced that the Board has declared an interim dividend of 4.375 cents per share in respect of second quarter 2023 for the three month period ended June 30, 2023, an increase of 3% over the second quarter 2022 dividend of 4.250 cents per share. Ex-dividend Date is November 30, 2023. Record Date is December 1, 2023. Payment Date is December 29, 2023. Duyuru • Aug 30
Diversified Energy Company PLC to Report First Half, 2023 Results on Sep 01, 2023 Diversified Energy Company PLC announced that they will report first half, 2023 results on Sep 01, 2023 Upcoming Dividend • Aug 24
Upcoming dividend of US$0.044 per share at 16% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 29 September 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 16%. Within top quartile of British dividend payers (6.3%). Higher than average of industry peers (6.7%). Duyuru • Jun 29
An unknown buyer acquired Non-operated assets in Oklahoma and Texas from Diversified Energy Company PLC (LSE:DEC) for $40 million An unknown buyer acquired Non-operated assets in Oklahoma and Texas from Diversified Energy Company PLC (LSE:DEC) for $40 million on June 28, 2023.An unknown buyer completed the acquisition of Non-operated assets in Oklahoma and Texas from Diversified Energy Company PLC (LSE:DEC) on June 28, 2023. Recent Insider Transactions • Jun 02
Co-Founder recently bought UK£148k worth of stock On the 30th of May, Robert Hutson bought around 177k shares on-market at roughly UK£0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth UK£152k. This was Robert's only on-market trade for the last 12 months. Duyuru • Jun 01
Diversified Energy Company PLC (LSE:DEC) commences an Equity Buyback Plan for 97,141,000 shares, representing 10% of its issued share capital, under the authorization approved on May 2, 2023. Diversified Gas & Oil PLC (AIM:DGOC) commences share repurchase program on May 31, 2023, under the program mandated by the shareholders in the Annual General Meeting held on May 2, 2023. As per the mandate, the company is authorized to repurchase up to 97,141,000 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.01 and maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares purchased may either be cancelled or held as treasury shares, which may then be cancelled, sold, or transferred out of treasury. The program will be valid till the next Annual General Meeting or June 30, 2024, whichever is earlier. As of March 21, 2023, the company had 971,410,000 ordinary shares in issue. Upcoming Dividend • May 18
Upcoming dividend of US$0.044 per share at 16% yield Eligible shareholders must have bought the stock before 25 May 2023. Payment date: 30 June 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 16%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (6.2%). Duyuru • May 09
Diversified Energy Company PLC Declares Interim Dividend for the Three Months Ended March 31, 2023, Payable on September 29, 2023 Diversified Energy Company PLC announced that the Board has declared an interim dividend of 4.375 cents per share in respect of first quarter of 2023 for the three month period ended 31 March 2023, an increase of 3% over the 1Q22 dividend of 4.250 cents per share. Ex-dividend Date is August 31, 2023. Record date is September 1, 2023. The dividend payable on September 29, 2023. Recent Insider Transactions • Mar 25
Board Member recently bought UK£152k worth of stock On the 21st of March, David Turner bought around 160k shares on-market at roughly UK£0.95 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought UK£300k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 21
Full year 2022 earnings released: US$0.74 loss per share (vs US$0.41 loss in FY 2021) Full year 2022 results: US$0.74 loss per share (further deteriorated from US$0.41 loss in FY 2021). Revenue: US$1.92b (up 91% from FY 2021). Net loss: US$625.4m (loss widened 92% from FY 2021). Revenue is expected to fall by 36% p.a. on average during the next 2 years compared to a 4.6% decline forecast for the Oil and Gas industry in the United Kingdom. Upcoming Dividend • Feb 23
Upcoming dividend of US$0.044 per share at 14% yield Eligible shareholders must have bought the stock before 02 March 2023. Payment date: 28 March 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 14%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (6.7%). Duyuru • Feb 10
Diversified Energy Company PLC has completed a Follow-on Equity Offering in the amount of £134.8662 million. Diversified Energy Company PLC has completed a Follow-on Equity Offering in the amount of £134.8662 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 128,444,000
Price\Range: £1.05 Duyuru • Jan 31
Diversified Energy Company PLC to Report Fiscal Year 2022 Results on Mar 21, 2023 Diversified Energy Company PLC announced that they will report fiscal year 2022 results on Mar 21, 2023 Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Sylvia Kerrigan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 17
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 24 November 2022. Payment date: 28 December 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 12%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (6.8%). Upcoming Dividend • Aug 25
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 26 September 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 10%. Within top quartile of British dividend payers (5.3%). Higher than average of industry peers (4.6%).