Diversified Energy Company ( (GB:DEC) ) has provided an announcement.
Diversified Energy Company reported strong financial results for 2024, achieving significant acquisitions totaling approximately $2 billion and maintaining consistent operating costs despite industry pressures. The company anticipates financial and operational benefits from the integration of Maverick Natural Resources, which is expected to enhance free cash flow and operational synergies. With a focus on strategic growth and capital allocation, Diversified aims to continue delivering value to shareholders while expanding its market presence.
More about Diversified Energy Company
Diversified Energy Company PLC operates in the energy sector, focusing on acquiring and managing a diverse portfolio of assets through value-accretive transactions. The company is involved in coal mine methane (CMM), energy marketing, and well-retirement, leveraging vertical integration and strategic partnerships to deliver reliable cash flow. Diversified is recognized for its large operational scale across multiple geographies and its unique position as a publicly traded champion in the PDP subsector.
YTD Price Performance: -30.33%
Average Trading Volume: 181,424
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £543.9M
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