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Diversified Energy Company
(LSE:DEC)
Diversified Energy Company (DEC) vs. S&P 500 (SPY)
Diversified Energy Company Business Overview & Revenue Model
Diversified Energy Company Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 874.87M | 868.26M | 1.92B | 1.01B | 408.69M | 462.26M | Gross Profit |
| 424.10M | 203.16M | 1.25B | 548.70M | 87.44M | 280.46M | EBIT |
| 366.34M | 1.16B | 1.14B | 513.55M | 27.49M | 107.05M | EBITDA |
| 682.79M | 1.36B | -476.50M | -332.69M | 23.27M | 266.17M | Net Income Common Stockholders |
| 207.11M | 758.02M | -620.60M | -325.21M | -23.47M | 99.40M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 7.33M | 3.75M | 7.33M | 12.56M | 1.38M | 1.66M | Total Assets |
| 3.83B | 3.47B | 3.83B | 3.49B | 2.29B | 2.01B | Total Debt |
| 1.47B | 1.31B | 1.47B | 1.04B | 736.12M | 624.31M | Net Debt |
| 1.46B | 1.30B | 1.46B | 1.03B | 734.74M | 622.65M | Total Liabilities |
| 3.97B | 2.88B | 3.97B | 2.83B | 1.40B | 1.07B | Stockholders Equity |
| -152.69M | 585.81M | -152.69M | 647.41M | 886.66M | 938.13M |
| Cash Flow | Free Cash Flow | ||||
| 256.78M | 335.88M | 301.69M | 270.01M | 216.86M | 246.84M | Operating Cash Flow |
| 517.16M | 410.13M | 387.76M | 320.18M | 241.71M | 279.16M | Investing Cash Flow |
| -167.68M | -239.37M | -386.46M | -625.87M | -256.86M | -466.89M | Financing Cash Flow |
| -350.44M | -174.34M | -6.54M | 316.87M | 14.87M | 188.02M |
Diversified Energy Company Technical Analysis
Diversified Energy Company Peers Comparison
Diversified Energy Company Earnings Call Summary
Diversified Energy Company Corporate Events
Diversified Energy Company PLC has appointed Randall Wade as an independent non-executive director to its Board of Directors, effective April 11, 2025. Mr. Wade brings extensive experience from his tenure at EIG, where he was involved in various strategic and operational roles. His appointment is expected to enhance the company’s strategy of delivering sustainable stakeholder returns, with a focus on sustainability and safety.
Spark’s Take on GB:DEC Stock
According to Spark, TipRanks’ AI Analyst, GB:DEC is a Neutral.
Diversified Energy Company faces substantial financial challenges, including high leverage and negative earnings, which significantly impact its overall stock score. While strategic initiatives such as debt reduction and acquisitions provide a moderate positive outlook, technical and valuation metrics remain weak. The earnings call and corporate events suggest some optimism, but considerable risks persist in the company’s financial and market performance.
To see Spark’s full report on GB:DEC stock, click here.
Diversified Energy Company PLC announced the purchase of 10,000 of its own ordinary shares as part of a share buyback program, with the shares acquired set to be cancelled. This transaction will adjust the total number of shares in issue to 80,628,862, which stakeholders can use for regulatory calculations regarding their interests in the company.
Spark’s Take on GB:DEC Stock
According to Spark, TipRanks’ AI Analyst, GB:DEC is a Neutral.
Diversified Energy faces significant financial challenges, including high leverage and negative earnings, which are major factors in the low overall score. While strategic initiatives such as debt reduction, share buybacks, and acquisitions provide some positive outlook, the technical and valuation metrics remain weak. The earnings call and corporate events offer a moderate boost, but substantial risks persist in the company’s financial and market performance.
To see Spark’s full report on GB:DEC stock, click here.
Diversified Energy Company PLC announced that all 20 resolutions proposed at their Annual General Meeting were passed with significant majorities. The resolutions included the approval of the Director’s Remuneration Policy, which aligns executive compensation with long-term shareholder value and competitive practices. The company engaged with shareholders and proxy advisors to develop this policy, reflecting a commitment to aligning with US-based compensation practices and maintaining stakeholder engagement.
Spark’s Take on GB:DEC Stock
According to Spark, TipRanks’ AI Analyst, GB:DEC is a Neutral.
Diversified Energy faces significant financial challenges, including high leverage and negative earnings, which are major factors in the low overall score. While strategic initiatives such as debt reduction, share buybacks, and acquisitions provide some positive outlook, the technical and valuation metrics remain weak. The earnings call and corporate events offer a moderate boost, but substantial risks persist in the company’s financial and market performance.
To see Spark’s full report on GB:DEC stock, click here.
Diversified Energy Company PLC has executed a share buyback program, purchasing 53,146 ordinary shares at an average price of 877.23 pence per share. This move will reduce the total number of shares in circulation to 80,638,862, potentially impacting shareholder calculations under FCA’s rules. The buyback reflects the company’s strategic financial management, possibly enhancing shareholder value and influencing market perceptions.
Spark’s Take on GB:DEC Stock
According to Spark, TipRanks’ AI Analyst, GB:DEC is a Neutral.
The overall stock score of 46 reflects significant financial challenges, including high leverage and negative earnings, offset by strategic initiatives such as debt reduction and share buybacks. Technical indicators suggest a bearish trend, while the valuation remains unattractive due to negative earnings. Despite these issues, strategic acquisitions and a focus on shareholder returns provide some positive outlook, but substantial risks remain.
To see Spark’s full report on GB:DEC stock, click here.
Diversified Energy Company PLC announced the purchase of 50,180 of its own ordinary shares as part of a share buyback program. The shares were acquired at a volume-weighted average price of 885.34 pence and will be canceled, reducing the total number of shares in issue to 80,692,008. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:DEC Stock
According to Spark, TipRanks’ AI Analyst, GB:DEC is a Neutral.
Diversified Energy Company shows financial discipline through debt reduction and strategic acquisitions, but faces significant financial challenges including declining revenues and high leverage. The technical analysis indicates ongoing weaknesses with a bearish trend. Despite these issues, the company’s strategic focus on growth and shareholder returns provides a moderate positive outlook.
To see Spark’s full report on GB:DEC stock, click here.
Diversified Energy Company PLC announced the purchase of 10,000 Ordinary Shares as part of its share buyback program, with the shares to be cancelled in due course. This transaction reflects the company’s ongoing efforts to manage its capital structure and enhance shareholder value, while maintaining a total of 80,742,188 Ordinary Shares in issue post-cancellation.
Diversified Energy Company PLC announced that members of its Board of Directors, including Kathryn Z. Klaber and Sandra M. Stash, have purchased ordinary shares in the company. These transactions reflect a vote of confidence in the company’s strategy and future prospects, potentially impacting investor perceptions and market positioning.
Diversified Energy Company PLC has executed a share buyback program, purchasing 48,773 ordinary shares at a volume-weighted average price of 1,006.74 pence per share. The acquired shares will be cancelled, reducing the total number of ordinary shares in issue to 80,752,188. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Diversified Energy Company PLC has released its sixth annual Sustainability Report, highlighting significant achievements in 2024, including a 13% reduction in methane intensity and a 30% improvement in personal safety performance. The company contributed over $1 billion to state GDPs for the third consecutive year and enhanced community outreach efforts. These accomplishments underscore Diversified’s commitment to sustainable energy production, operational excellence, and community support, reinforcing its position as a leader in the energy sector.
Diversified Energy Company PLC announced the purchase of 5,000 of its own ordinary shares as part of its share buyback program, with plans to cancel these shares. This transaction, executed at a volume-weighted average price of 1,070 pence per share, will reduce the total number of shares in issue to 80,800,961. This move is part of the company’s ongoing efforts to manage its capital structure and enhance shareholder value.
Diversified Energy Company PLC has executed a share buyback program, purchasing 15,000 ordinary shares at an average price of 1,052.33 pence per share, with plans to cancel these shares. This move will result in a total of 80,805,961 ordinary shares in issue, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
Diversified Energy Company PLC has executed a share buyback program, purchasing 12,000 ordinary shares at an average price of 1,031.67 pence per share. The acquired shares will be canceled, reducing the total number of shares in issue to 80,820,961. This move is part of the company’s strategy to enhance shareholder value and reflects its commitment to responsible financial management.
Diversified Energy Company has announced that as of March 31, 2025, the total number of ordinary shares in issue is 80,832,961, each carrying one vote. This figure is significant for shareholders in determining their interest in the company’s share capital under the Financial Conduct Authority’s rules.
Diversified Energy Company PLC has executed a share buyback program, purchasing 41,876 ordinary shares at an average price of 1,030.42 pence per share, with plans to cancel these shares. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its ongoing commitment to operational efficiency and financial stewardship.
Diversified Energy Company has successfully placed $300 million in new senior secured notes, maturing in April 2029 with a fixed annual coupon of 9.75%. The proceeds will be used to repay existing debt and for general corporate purposes, enhancing liquidity and cash flow flexibility for future investments.
Diversified Energy Company PLC has executed a share buyback program, purchasing 7,000 ordinary shares at an average price of 1,035.14 pence per share. This move will result in the cancellation of the acquired shares, leaving the company with 80,874,837 shares in issue. This transaction is part of the company’s ongoing strategy to manage its capital structure and enhance shareholder value.
Diversified Energy Company PLC announced the purchase of 12,000 of its own ordinary shares as part of its share buyback program, with plans to cancel these shares. This move is expected to impact the company’s share capital structure, leaving 80,881,837 ordinary shares in issue. The buyback reflects the company’s ongoing efforts to manage its capital efficiently and potentially enhance shareholder value.
Diversified Energy Company PLC has executed a share buyback program, acquiring 42,176 Ordinary Shares at an average price of 1,039.49 pence per share. This move is part of its strategy to manage its capital structure and enhance shareholder value. Following the cancellation of these shares, the company will have 80,893,837 Ordinary Shares in issue, which will serve as the new denominator for shareholder interest calculations under regulatory guidelines.
Diversified Energy Company PLC announced the purchase of 37,142 ordinary shares as part of its share buyback program, with the acquired shares set to be canceled. This transaction reduces the total number of shares in circulation, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules. The buyback, executed through Peel Hunt LLP, reflects the company’s ongoing efforts to manage its capital structure and enhance shareholder value.
Diversified Energy Company PLC has executed a share buyback program, purchasing 12,000 ordinary shares at an average price of 1,043.48 pence per share. These shares will be canceled, reducing the total number of shares in issue to 80,973,155. This action is part of the company’s ongoing efforts to manage its capital structure and enhance shareholder value. The buyback reflects the company’s confidence in its financial position and commitment to returning value to shareholders.
Diversified Energy Company PLC announced that Martin Thomas, Non-Executive Vice Chair of the Board, purchased 700 ordinary shares at £10.60 each on March 20, 2025, on the London Stock Exchange. This transaction increases Thomas’s total shareholding to 114,550 shares, representing 0.127% of the company’s total issued share capital, reflecting ongoing confidence in the company’s strategic direction and market position.
Diversified Energy Company PLC announced the purchase of 5,000 ordinary shares as part of its share buyback program, with plans to cancel these shares. This transaction aligns with the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to responsible energy production and financial stewardship.
Diversified Energy Company PLC announced the vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) awarded to key members of its senior management, resulting in changes to their holdings of Ordinary Shares. This development reflects the company’s commitment to aligning management incentives with shareholder interests, potentially impacting its operational focus and market positioning by reinforcing its long-term incentive plan.
Diversified Energy Company PLC announced that members of its Board of Directors, including David Johnson and David J. Turner, Jr., have purchased ordinary shares in the company. These transactions reflect the directors’ confidence in the company’s strategic direction and potential for growth, potentially impacting the company’s market perception and stakeholder confidence positively.
Diversified Energy Company has announced a share buyback program, allowing the repurchase of up to 4,756,842 shares with a total market value not exceeding £52.3 million. This initiative aims to reduce the company’s issued share capital, leveraging a capital allocation opportunity as the shares are trading at a discount to net asset value. The program will be executed under regulatory guidelines and is set to expire by June 2026 or at the company’s 2026 AGM. The buyback will be facilitated by Peel Hunt LLP, ensuring purchases occur independently during closed periods.
Diversified Energy Company PLC has announced plans to hold a series of fixed income investor calls starting March 24, 2025, with DNB Markets as the sole bookrunner. The company intends to offer four-year US$ denominated senior secured notes to repay existing debt and for general corporate purposes, targeting qualified institutional buyers in the U.S. The move is part of Diversified’s strategy to strengthen its financial position and enhance its operational capabilities, potentially impacting its market standing and stakeholder interests.
Diversified Energy Company PLC announced a dividend of 29 cents per share for the third quarter of 2024, payable on March 31, 2025, to shareholders registered by February 28, 2025. Shareholders opting for GBP sterling will receive 22.241 pence per share, based on the exchange rate of GBP 0.76693 to USD 1.00 as of March 17, 2025. This announcement reflects the company’s commitment to generating shareholder value and maintaining reliable cash flow.
BlackRock, Inc. has altered its holdings in Diversified Energy Company PLC, resulting in a change in the breakdown of voting rights. This adjustment reflects a decrease in BlackRock’s total voting rights from 8.51% to 5.47%, indicating a significant shift in shareholder influence, which could impact the company’s governance and strategic decisions.
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.
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.
Diversified Energy Company PLC announced that its shareholders approved the resolution to issue consideration shares for the acquisition of Maverick Natural Resources, with significant support at a recent General Meeting. This approval, along with the expiration of the Hart-Scott-Rodino Antitrust Improvements Act waiting period, paves the way for the completion of the acquisition by the end of the first quarter of 2025, marking a significant step in the company’s strategic growth and operational expansion.
Diversified Energy, FuelCell Energy, and TESIAC have announced a strategic partnership to address the energy needs of data centers by supplying up to 360 megawatts of net-zero power using natural gas and coal mine methane. The collaboration aims to create a sustainable energy solution by leveraging advanced fuel cell technology and innovative financing, potentially creating jobs and economic benefits in the Appalachian region while setting a new standard for carbon-optimized power generation.
Diversified Energy Company PLC announced the end of its stabilisation period for an underwritten public offering of 8,500,000 ordinary shares, managed by Citigroup Global Markets Inc. The stabilisation efforts, conducted on the New York Stock Exchange, aimed to support the share price during the offering, but the over-allotment option for 850,000 shares was not exercised, indicating a potential impact on the company’s market positioning and investor confidence.
Diversified Energy Company PLC has successfully completed the acquisition of natural gas properties and midstream pipeline infrastructure from Summit Natural Resources, enhancing its operations in Virginia, West Virginia, and Alabama. This acquisition is set to increase cash flow from coal mine methane environmental credits and improve commodity price realizations. Additionally, Diversified closed its tenth asset-backed securitization, which will refinance existing debts and improve cash flow through strategic hedging. This move solidifies Diversified’s position as a leading issuer of oil and gas securitizations, attracting significant investor interest and aligning with its sustainability strategy.
Diversified Energy Company PLC announced that as of February 28, 2025, the total number of ordinary shares in issue is 59,795,942, each carrying one vote. This figure is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s rules. The announcement underscores the company’s commitment to transparency and regulatory compliance, which is vital for maintaining investor trust and supporting its market position.
Ameriprise Financial, Inc., based in the United States, has increased its voting rights in Diversified Energy Company PLC to 5.011% as of February 25, 2025. This acquisition of voting rights signifies a strategic move by Ameriprise Financial to strengthen its influence in the energy sector, potentially impacting the company’s governance and future strategic decisions.
Diversified Energy Company PLC, a UK-based issuer, announced a change in the breakdown of voting rights due to Ameriprise Financial, Inc., a US-based financial services company, crossing a threshold in their shareholding. As of February 24, 2025, Ameriprise Financial’s voting rights in Diversified Energy decreased from 5.088% to 4.793%, impacting the company’s shareholder structure.
Diversified Energy Company PLC, a UK-based entity, has experienced a change in the distribution of its voting rights. Jupiter Fund Management PLC has reduced its voting rights in the company from 5.01% to 4.67%, as of February 24, 2025. This adjustment reflects a shift in shareholder influence and could impact the company’s governance and decision-making processes.
Diversified Energy Company PLC announced the admission of 8,500,000 new ordinary shares to the London Stock Exchange, effective February 24, 2025. This move increases the total number of ordinary shares to 59,795,942, each carrying one vote, which will be used by shareholders to determine notification requirements under the FCA’s rules. This development is part of Diversified’s strategy to enhance its market presence and operational efficiency, potentially impacting its financial performance and stakeholder interests.
Diversified Energy Company PLC has announced the publication of its prospectus, approved by the Financial Conduct Authority, for the admission of its shares to the London Stock Exchange and New York Stock Exchange following a recent capital raise. Additionally, the company has issued a circular regarding its significant acquisition of Maverick Natural Resources, which will be discussed at a general meeting. This acquisition marks a strategic expansion in Diversified’s operations and enhances its market positioning as it continues to grow its asset base and stakeholder value.
Diversified Energy Company PLC has announced a pre-stabilisation notice for its upcoming offering of 8,500,000 ordinary shares in the United States, priced at US$14.50 each. Citigroup Global Markets Inc. will act as the stabilising manager, with the option to over-allot up to 850,000 additional shares. This offering could enhance Diversified’s market presence and financial stability by broadening its shareholder base and potentially supporting its share price.
Diversified Energy Company PLC has announced the pricing of its public offering of 8,500,000 ordinary shares at $14.50 each, raising approximately $123.3 million. The company plans to use the proceeds to repay debt related to its proposed acquisition of Maverick Natural Resources, LLC, or for general corporate purposes if the acquisition does not proceed. This offering is a strategic move to strengthen its financial position and support its acquisition strategy, involving prominent financial institutions as underwriters.
Diversified Energy Company PLC has announced a proposed offering of up to 8,500,000 ordinary shares in the United States, with Citigroup and Mizuho acting as joint book-running managers and underwriters. The proceeds are intended to repay part of the debt related to its planned acquisition of Maverick Natural Resources, LLC. If the acquisition does not go through, the funds will be used to repay debt and for general corporate purposes. This move signifies a strategic step in managing its financial commitments and potentially strengthens its position within the energy sector.
Diversified Energy Company has reported robust financial and operational results for the year 2024, highlighting its unique strategy in generating reliable cash flows. The company achieved significant milestones, including retiring over $200 million in debt, returning $105 million to shareholders, completing substantial acquisitions, and maintaining a 50% adjusted EBITDA margin. These achievements underscore Diversified’s commitment to enhancing shareholder value and strengthening its position in the energy market, as it prepares for transformative growth in 2025 with strategic acquisitions and a focus on mature asset management.
Diversified Energy Company PLC has announced a definitive agreement to acquire Maverick Natural Resources for approximately $1,275 million, expanding its asset base and commodity mix. This strategic acquisition is expected to significantly increase the company’s revenue by 95% and free cash flow by 55%, while enhancing margins and achieving expense synergies. The deal strengthens Diversified’s position in the energy sector, particularly in the Permian Basin, and aligns with its strategy of leveraging technology and asset management expertise to unlock value. The combined company is projected to generate substantial free cash flow, enable debt reduction, and offer consistent shareholder returns through a sustainable dividend and strategic share repurchases, further enhancing its long-term value creation.