Welcome to our dedicated page for Diversified Energy Company PLC news (Ticker: DECPF), a resource for investors and traders seeking the latest updates and insights on Diversified Energy Company PLC stock.
Diversified Energy Company PLC (DECPF), a leading independent energy company, is engaged in the production, marketing, transportation, and retirement of primarily natural gas related to its US onshore upstream and midstream assets. The company's recent achievements include delivering reliable results, executing strategic objectives, and creating value through stewardship. Under the leadership of CEO Rusty Hutson, Jr., the company has demonstrated resilience, consistency, and strong financial performance despite market challenges. With a focus on sustainability and long-term stakeholder returns, Diversified continues to optimize assets through smarter asset management and strategic acquisitions.
Rhea-AI Summary
Diversified Energy Company PLC (LSE:DEC) announces its intention to seek an additional listing of its Ordinary Shares on the New York Stock Exchange (NYSE) without offering or selling new shares. The company will seek shareholder approval for a consolidation of existing ordinary share capital and new articles of association. The US Listing is expected to enhance the company's profile, access to investors, trading liquidity, and financing options. The General Meeting is scheduled for December 4, 2023, and the US Listing is expected around December 11, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
-
Rhea-AI Summary
Diversified Energy Company PLC (LSE:DEC) Announces Solid Operational Execution and 22% Annualized Free Cash Flow Yield. The company's average net daily production, adjusted for extraordinary maintenance, is 814 MMcfepd. Adjusted EBITDA of $140 million with a margin of 52%. Annualized Free Cash Flow Yield of 22%. Winner of Best ESG Report 2023. Declared 3Q23 interim dividend maintained at $0.04375 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.52%
Tags
-
Rhea-AI Summary
Diversified Energy Company PLC (LSE:DEC) announces an interim dividend of 4.375 cents per share for 3Q23, with key dates including the Ex-dividend Date on February 29, 2024, Record Date on March 1, 2024, and Payment Date on March 28, 2024. Shareholders have the option to receive the dividend in US Dollars or Sterling, with the last date for currency election being March 8, 2024. The sterling value of the dividend payable per share will be announced approximately two weeks prior to the payment date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.52%
Tags
Rhea-AI Summary
Diversified Energy Company PLC announces increase in borrowing base to $425 million for its Sustainability-Linked Loan, resulting in current liquidity of $120 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
-
Rhea-AI Summary
Diversified Energy Company PLC announces participation in investor conferences and meetings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
-
Rhea-AI Summary
Diversified Energy Company PLC announces Interim Results for 1H23, showing strong operational execution and solid cash generation. Key highlights include a 4.4% increase in net daily production, a 26% increase in Adjusted EBITDA, and a 10% decrease in Adjusted Cost per Unit. Net Income was $631 million, and the company declared a 3% higher interim dividend. The company also achieved a higher MSCI sustainability rating and completed various environmental initiatives. The CEO expressed confidence in the company's future and its ability to deliver value to stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
Rhea-AI Summary
Diversified Energy Company PLC declares an interim dividend of 4.375 cents per share for 2Q23, a 3% increase from the previous year. Shareholders have the option to receive the dividend in either US dollars or sterling.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.49%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.49%
Tags
FAQ
What is the market cap of Diversified Energy Company PLC (DECPF)?
The market cap of Diversified Energy Company PLC (DECPF) is approximately 41.1M.
What is Diversified Energy Company PLC engaged in?
Diversified Energy Company PLC is engaged in the production, marketing, transportation, and retirement of primarily natural gas related to its US onshore upstream and midstream assets.
Who is the CEO of Diversified Energy Company PLC?
The CEO of Diversified Energy Company PLC is Rusty Hutson, Jr.
What are some recent achievements of Diversified Energy Company PLC?
Recent achievements of Diversified Energy Company PLC include delivering reliable results, executing strategic objectives, and creating value through stewardship.
How does Diversified Energy Company PLC focus on sustainability?
Diversified Energy Company PLC focuses on sustainability through achievements like being recognized for its ESG report and providing long-term total returns to shareholders.
What is the strategy of Diversified Energy Company PLC for growth?
Diversified Energy Company PLC focuses on optimizing assets through smarter asset management and strategic acquisitions to drive additional returns for shareholders.
Diversified Energy Company PLC