Diversified Energy Company ( (GB:DEC) ) has provided an announcement.
Diversified Energy Company has completed its acquisition of Maverick Natural Resources, issuing over 21 million new shares as part of the transaction. This acquisition is expected to enhance Diversified’s operational capabilities, with Maverick’s CEO, Rick Gideon, transitioning to the role of COO at Diversified. The move is likely to strengthen Diversified’s market position and operational efficiency in the energy sector.
More about Diversified Energy Company
Diversified Energy Company is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. The company is recognized for its sustainability leadership and employs a strategy of acquiring long-life assets to improve their environmental and operational performance until they are retired safely.
YTD Price Performance: -30.52%
Average Trading Volume: 179,183
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £532.6M
Learn more about DEC stock on TipRanks’ Stock Analysis page.