Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
19 December 2023Website:
http://www.div.energyNext earnings report:
19 March 2025Last dividends:
30 August 2024Next dividends:
29 November 2024Price
after hours | Fri, 01 Nov 2024 23:15:33 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
DEC Latest News
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) told investors it has completed its acquisition of operated natural gas assets in East Texas, for a gross headline figure of $69 million. The net price, after adjustments, was confirmed by the company as $49 million.
One should refrain from investing in DEC right now, considering its dismal share price performance year to date. Those who own it may continue to do so.
Stewart, British Columbia--(Newsfile Corp. - October 1, 2024) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is pleased to announce that it has closed its previously announced private placement.
Stewart, British Columbia--(Newsfile Corp. - September 18, 2024) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) is increasing the size of its previously announced non-brokered private placement (the "Private Placement"), previously announced on September 9, 2024 and September 11, 2024.
MPW, DEC, IDR, EVLV and SBSI have been added to the Zacks Rank #1 (Strong Buy) List on September 3, 2024.
DEC, PBAM and SBSI made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 3, 2024.
MPW, DEC and MPLX made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 3, 2024.
DEC, FMNB and PCB made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 27, 2024.
Diversified Energy (DEC) states that the acquisition of natural gas properties in east Texas should expand its presence in the region, resulting in increased operational scale and enhanced margins.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has further increased its footprint in East Texas, acquiring interests in a package of assets. The acquisition, priced at $68 million, will add 21 million cubic feet per day (4,000 barrels oil equivalent) of production and 70 billion cubic feet (12mln barrels oil equivalent) of Proved Developed Producing (PDP) reserves to Diversified's portfolio.
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What type of business is Diversified Energy?
Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates. Its assets consist of natural gas wells and gathering systems located in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana. The company was formerly known as Diversified Gas & Oil PLC and changed its name to Diversified Energy Company PLC in May 2021. Diversified Energy Company PLC was founded in 2001 and is headquartered in Birmingham, Alabama.
What sector is Diversified Energy in?
Diversified Energy is in the Energy sector
What industry is Diversified Energy in?
Diversified Energy is in the Oil & Gas Equipment & Services industry
What country is Diversified Energy from?
Diversified Energy is headquartered in United States
When did Diversified Energy go public?
Diversified Energy initial public offering (IPO) was on 19 December 2023
What is Diversified Energy website?
https://www.div.energy
Is Diversified Energy in the S&P 500?
No, Diversified Energy is not included in the S&P 500 index
Is Diversified Energy in the NASDAQ 100?
No, Diversified Energy is not included in the NASDAQ 100 index
Is Diversified Energy in the Dow Jones?
No, Diversified Energy is not included in the Dow Jones index
When was Diversified Energy the previous earnings report?
No data
When does Diversified Energy earnings report?
The next expected earnings date for Diversified Energy is 19 March 2025