Diversified Gas & Oil PLC Announces FTSE 250 Index Inclusion
Diversified Gas & Oil PLC (LSE:DGOC) announced its upcoming inclusion in the FTSE 250 Index and the FTSE All-Share Index, effective on September 21, 2020. This milestone follows DGO's move to the Main Market in May 2020 and is expected to enhance the company's market exposure and broaden its investor base. CEO Rusty Hutson, Jr. expressed optimism, highlighting DGO's commitment to sustainable growth and reliable dividends, as well as its status as the largest independent producer by volume listed on the LSE.
- Admission to FTSE 250 Index on September 21, 2020, expected to enhance market exposure.
- Broader investor base anticipated from index inclusion.
- Largest independent producer by volume on LSE.
- None.
BIRMINGHAM, AL / ACCESSWIRE / September 3, 2020 / London-LSE quoted Diversified Gas & Oil PLC (LSE:DGOC) "DGO" or the "Company", the U.S. based owner and operator of natural gas, natural gas liquids and oil wells as well as midstream assets, is pleased to announce that FTSE Russell has confirmed that DGO will be admitted into the FTSE 250 Index and the FTSE All-Share Index later this month. The Company's inclusion will be applied after the close of business on Friday, September 18, 2020 and will be effective on Monday, September 21, 2020.
Commenting on the Company's entry into the FTSE 250, CEO, Rusty Hutson, Jr., said:
"I am very pleased to announce that following our move to the Main Market in May 2020, DGO will be joining two important indices: the FTSE 250 and the FTSE All-Share, which we expect will further increase DGO's market exposure and will broaden our investor base.
"Since listing in London just over three years ago, DGO has consistently delivered accretive growth, becoming the largest independent producer by volume listed on the LSE. DGO's differentiated business model, focused on low-risk cash flow to underpin reliable quarterly dividends, continues to deliver sustainable growth and value creation. I look forward to welcoming new investors through this index inclusion and to continuing our positive momentum."
Company Contact:
Teresa Odom, VP Investor Relations | IR@dgoc.com | 205.408.0909
SOURCE: Diversified Gas & Oil PLC
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