diversified energy – Oil & Gas 360

Diversified expands asset base, density, and commodity mix with acquisition of liquids rich Maverick Natural Resources

January 27, 2025

(Oil & Gas 360) – Financial and Strategic Accretive Acquisition Provides Opportunity for 95% Increase in Revenue, Enhanced Margins, Expense Synergies, and 55% Increase in Free Cash Flow Unique & Differentiated Business Model Offers Reliable Production, Multi-Basin Commodity Diversification, and Strong Hedging Program that Enables Consistent Free Cash Flows Significant Operating Scale Provides Optionality for Organic Growth Through Established Low-Risk, High-Return

Diversified Energy announces strategic bolt-on acquisition of complementary producing & midstream assets in the Appalachian Basin

January 6, 2025

(Oil & Gas 360) – Production Economics Expected to Benefit from Diversified’s Regional Presence and Scale Acquisition Grows Coal Mine Methane Revenue Generation Potential BIRMINGHAM, AL / ACCESSWIRE / January 6, 2025 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) (“Diversified” or the “Company”) is pleased to announce the acquisition of operated natural gas properties and related facilities located within Virginia, West Virginia, and

Exclusive: Diversified Energy at EnerCom Denver-The Energy Investment Conference 2024

September 9, 2024

Oil and Gas 360 Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technologies Series presenter replays for a limited time. Diversified Energy Company PLC is an independent energy company engaged in the production, marketing, transportation and retirement of primarily natural gas and natural gas liquids related to its U.S. onshore upstream

Diversified to acquire complementary, high-quality, low-decline producing assets

July 10, 2024

Oil and Gas 360 Publisher’s Note: Diversified Energy will be a presenter at EnerCom Denver-The Energy Investment Conference on August 18-21, 2024. Register to attend and book your room at the Westin Denver Downtown. Accretive Acquisition of Contiguous Operating Position BIRMINGHAM, AL / ACCESSWIRE / July 10, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) (“Diversified” or the “Company”) is pleased

Diversified Energy joins the Russell 2000® Index

May 30, 2024

Oil and Gas 360 Publisher’s Note: Diversified Energy Company will be presenting at EnerCom Denver – The Energy Investment Conference on August 18-21, 2024. Register to attend. A Broader Audience of Investors is Expected to Expand our Shareholder Base and Enhance Trading Liquidity BIRMINGHAM, AL / ACCESSWIRE / May 29, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) (“Diversified” or the

Diversified closes value enhancing asset sale

January 2, 2024

Oil and Gas 360 BIRMINGHAM, AL / ACCESSWIRE / January 2, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) is pleased to announce that it has closed an innovative transaction (the “Transaction”) that has allowed the Company to unlock additional value from its current asset base at an attractive multiple while further enhancing liquidity and reducing leverage. In summary, the Transaction consisted

Diversified Energy responds to market reaction

December 19, 2023

Oil and Gas 360 BIRMINGHAM, AL / ACCESSWIRE / December 19, 2023 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) today is providing a response to the movement in its share price. On December 18, 2023, The Company received a request for information from four members of the minority party (52 member committee) of the United States House of Representatives Committee on Energy

Diversified Energy announces increase in borrowing base

September 26, 2023

Oil and Gas 360 BIRMINGHAM, AL / ACCESSWIRE / September 26, 2023 / Diversified Energy Company PLC (LSE:DEC) (“Diversified” or “the Company”) is pleased to announce its completion of the semi-annual borrowing base redetermination for the Company’s revolving credit facility, structured as a Sustainability-Linked Loan. The borrowing base under the facility was increased to $425 million from $375 million with 100%

Diversified Energy reports strong 2023 interim results, including record average daily production, durable cash margins, and achievement of AA MSCI rating

September 1, 2023

Oil and Gas 360 Strong Operational Execution Drives Expense Improvement and, coupled with a Disciplined Hedging Strategy, Delivers Solid Cash Generation BIRMINGHAM, AL / ACCESSWIRE / September 1, 2023 / Diversified Energy Company PLC (LSE: DEC) (“Diversified,” “DEC” or the “Group”) is pleased to announce its Interim Results for the six months ended June 30, 2023 and other recent highlights. Delivering

Diversified Energy reports record production, proved-developed-producing (PDP) reserves and fifth straight year of 50% cash margins

March 21, 2023

Oil and Gas 360 BIRMINGHAM, AL / ACCESSWIRE / March 21, 2023 / Diversified Energy Company PLC (LSE:DEC) (“Diversified,” “DEC” or the “Company”) is pleased to announce its Final Results for the year ended 31 December 2022 and other recent highlights. Diversified has published to the Company’s website its annual report and accounts for the year ended 31 December 2022 (the

Diversified closes securitized financing

November 1, 2022

Oil and Gas 360 BIRMINGHAM, AL / ACCESSWIRE / October 31, 2022 / Diversified Energy Company PLC (LSE:DEC) (“Diversified” or the “Company”) is pleased to announce that on 27 October 2022 Diversified and Oaktree Capital Management, L.P. (“Oaktree) jointly closed an ESG-aligned asset backed securitization (“ABS”) of certain co-owned producing natural gas and oil assets located in Oklahoma (the “Assets”). This

New CEO Takes the Helm at AltaGas

April 18, 2016

David M. Harris, previously AltaGas’ (ticker: ALA; AltaGas.ca) president and COO, has succeeded David W. Cornhill as president and CEO, as announced previously. David Cornhill, founder of AltaGas, continues as chairman of the board. David Harris (B.Sc., MBA) joined AltaGas in 2010 and is an experienced project executive who has built hydroelectric projects internationally and in North America. Mr. Harris holds

Premium Content