Diversified Energy Company Plc Stock Price, News & Analysis

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback program, purchasing 115,352 ordinary shares at a volume-weighted average price of $14.3196 per share through Mizuho Securities USA LLC. The shares, acquired on July 2, 2025, will be cancelled.

Following the cancellation, Diversified will have 78,281,680 ordinary shares in issue. The share prices during the buyback ranged from a low of $14.18 to a high of $14.35, with trades executed across multiple venues including NYSE, NASDAQ, and various other exchanges.

Diversified Energy (NYSE:DEC) has promoted Michael Garrett to the position of Chief Accounting Officer (CAO). Garrett, who has been with the company since 2018 serving as Senior Vice President and Controller, brings over 20 years of accounting experience to the role.

In his new position, Garrett will lead the company's corporate and regulatory accounting, external financial reporting, controllership, and tax operations, managing a team of 75 financial professionals. He will continue reporting to Brad Gray, DEC's President & CFO. Prior to joining Diversified, Garrett held positions at Callon Petroleum, Pfizer, and Pinnacle Airlines.

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback transaction as part of its program announced on March 20, 2025. The company purchased 11,296 Ordinary Shares at a volume-weighted average price of $14.3495 per share through Mizuho Securities USA LLC.

The share prices during the transaction ranged from $14.34 to $14.35. Following the cancellation of these shares, Diversified's total outstanding Ordinary Shares will be 78,397,032. The purchases were executed across multiple trading venues including NYSE, ARCX, BATS, and others.

The company, which focuses on natural gas and liquids production, implements a strategy of acquiring long-life assets and improving their environmental and operational performance.

Diversified Energy (NYSE:DEC) and Carlyle (NASDAQ:CG) have announced a strategic partnership to invest up to $2 billion in proved developed producing (PDP) natural gas and oil assets across the United States. Under the agreement, DEC will operate and service the newly acquired assets, while Carlyle will pursue opportunities to securitize these assets.

The partnership combines Carlyle's credit and structuring expertise through their asset-backed finance team with DEC's operational capabilities in acquiring and optimizing long-life oil and gas assets. Carlyle's Asset-Backed Finance group has deployed approximately $8 billion since 2021 and manages about $9 billion in assets as of March 31, 2025.

Diversified Energy (NYSE:DEC) and Carlyle (NASDAQ:CG) have announced a strategic partnership to invest up to $2 billion in proved developed producing (PDP) natural gas and oil assets across the United States. Under the agreement, DEC will operate and service the newly acquired assets, while Carlyle will pursue opportunities to securitize these assets.

The partnership combines Carlyle's credit and structuring expertise through their asset-backed finance team with DEC's operating capabilities in acquiring and optimizing long-life oil and gas assets. Carlyle's Asset-Backed Finance group has deployed approximately $8 billion since 2021 and manages about $9 billion in assets as of March 31, 2025.

EIG Asset Management LLC has reported a significant change in its holdings of Diversified Energy PLC (DEC). The firm's total voting rights have decreased from 20.21% to 18.20%, representing 14,330,718 shares. This change was crossed on May 27, 2025, and reported on June 17, 2025. The notification details a complex ownership structure through multiple controlled undertakings, with EIG Energy Fund XVI, L.P. holding the largest stake at 6.63%. The disclosure is based on Diversified Energy's total issued share capital of 78,757,014 shares as of June 2, 2025.

Diversified Energy Company (LSE/NYSE:DEC) has executed a share buyback, purchasing 67,028 ordinary shares at a volume-weighted average price of $14.4939 per share through Mizuho Securities USA LLC. The share prices ranged from $14.45 to $14.50 during the June 16, 2025 transaction. Following the planned cancellation of these shares, DEC's total outstanding ordinary shares will be reduced to 78,408,328. This buyback is part of the company's share repurchase programme announced on March 20, 2025. Diversified Energy operates as a leading energy company specializing in natural gas and liquids production, focusing on acquiring and improving long-life assets before their safe retirement.

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has executed a share buyback program, purchasing 95,720 Ordinary Shares at a volume-weighted average price of $14.3028 per share through Mizuho Securities USA LLC. The share prices during the purchase ranged from $13.96 to $14.50. The purchased shares will be cancelled, reducing the total number of outstanding Ordinary Shares to 78,475,356. The buyback was conducted across multiple trading venues, with the largest volumes executed on IEXG (27,510 shares), XNYS (14,946 shares), and XNAS (12,131 shares). This share repurchase is part of the company's buyback programme announced on March 20, 2025.

Diversified Energy Company PLC (NYSE:DEC) has announced the exchange rate for its Q4 2024 dividend payment. The company will distribute a dividend of $0.29 per share on June 30, 2025, to shareholders of record as of May 30, 2025. For shareholders who elected to receive their dividends in GBP sterling, the payment will be 21.254 pence per share, calculated using the June 12, 2025 exchange rate of GBP 0.73288 to USD 1.00.