Diversified Energy Company news covers operating and financial results, dividend declarations, shareholder voting matters, major-holding notifications, asset acquisitions, and capital-structure activity. The company’s announcements reflect its model of acquiring and operating mature U.S. oil and natural gas assets that produce natural gas, NGLs, and oil.
Recurring updates also include annual meeting results, TR-1 voting-rights disclosures, timing announcements for quarterly results, and exchange-related corporate events. Capital and transaction news may address material agreements, financing arrangements, and completed acquisitions of oil and natural gas wells, leasehold interests, and related assets.
Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) has executed a share buyback program, purchasing 12,000 ordinary shares at a volume-weighted average price of 1,031.67 pence per share through Peel Hunt LLP on March 31, 2025. The share prices during the transactions ranged from 1,024.00 to 1,043.00 pence per share.
The purchased shares will be cancelled, resulting in a total of 80,820,961 ordinary shares remaining in issue. The transactions were conducted across multiple trades on the London Stock Exchange (XLON), with the largest single purchase being 6,000 shares at 10.24 GBP per share.
Diversified Energy Company has reported its total voting rights as of March 31, 2025. The company disclosed that there are 80,832,961 ordinary shares of 20p each in issue, with each share carrying one vote. No shares are held in treasury, making the total number of voting rights also 80,832,961.
This information is provided in compliance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, and serves as the denominator for shareholders' calculations regarding interest notifications in the company's share capital.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) has executed a share buyback program, purchasing 41,876 Ordinary Shares at a volume-weighted average price of 1,030.42 pence per share through Peel Hunt LLP. The acquired shares will be cancelled.
Following the cancellation, the company will have 80,832,961 Ordinary Shares outstanding, with no shares held in treasury. This figure serves as the denominator for shareholders calculating their interest notifications under FCA's Disclosure Guidance and Transparency Rules.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) has successfully placed $300 million of new senior secured notes with a 9.75% fixed coupon rate, payable semi-annually. The notes will mature in April 2029.
The proceeds will be utilized for existing debt repayment and general corporate purposes. This new debt placement is leverage-neutral and increases the company's liquidity to approximately $440 million. The arrangement aims to enhance cash flow and provide flexibility for investment in high-return opportunities.
DNB Markets, part of DNB Bank ASA, served as the Manager and Bookrunner for the bond offering.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) has executed a share buyback program, purchasing 7,000 Ordinary Shares at a volume-weighted average price of 1,035.14 pence per Share through Peel Hunt LLP. The acquired shares will be cancelled.
Following the cancellation, Diversified will have 80,874,837 Ordinary Shares outstanding, with no shares held in treasury. This figure serves as the denominator for shareholders' interest calculations under FCA's Disclosure Guidance and Transparency Rules.
Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) has executed a share buyback program, purchasing 12,000 Ordinary Shares at a volume-weighted average price of 1,039.49 pence per Share through Peel Hunt LLP. The acquired shares will be cancelled.
Following the cancellation, Diversified will have 80,881,837 Ordinary Shares of 20 pence each in issue, with no shares held in treasury. This figure serves as the denominator for shareholders' interest calculations under FCA's Disclosure Guidance and Transparency Rules.
Diversified Energy Company PLC (LSE: DEC) has executed a share buyback program, purchasing 42,176 ordinary shares at a volume weighted average price of 1,039.49 pence per share through Peel Hunt LLP. The acquired shares will be cancelled, reducing the total number of ordinary shares to 80,893,837.
This transaction is part of the company's share buyback program announced on March 20, 2025. The updated share count will serve as the denominator for shareholders' interest calculations under the FCA's Disclosure Guidance and Transparency Rules.
Diversified Energy Company PLC (LSE: DEC) has executed a share buyback program, purchasing 37,142 Ordinary Shares at a volume weighted average price of 1,008.37 pence per Share through Peel Hunt LLP. The acquired shares will be cancelled.
Following the cancellation, Diversified will have 80,936,013 Ordinary Shares outstanding, with no shares held in treasury. This figure can be used by shareholders for calculating interest notifications under FCA's Disclosure Guidance and Transparency Rules.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) has executed a share buyback program, purchasing 12,000 Ordinary Shares at a volume weighted average price of 1,043.48p per share through Peel Hunt LLP. The acquired shares will be cancelled.
Following the cancellation, Diversified will have 80,973,155 Ordinary Shares outstanding, with no shares held in treasury. This figure serves as the denominator for shareholders' interest calculations under FCA's Disclosure Guidance and Transparency Rules.
Diversified Energy operates as a publicly traded energy company specializing in natural gas and liquids production, transport, marketing, and well retirement, focusing on acquiring existing long-life assets and improving their environmental and operational performance.
Diversified Energy Company (LSE: DEC) (NYSE: DEC) reported that Board member Martin Thomas, Non-Executive Vice Chair of the Board, conducted transactions in ordinary shares on March 20, 2025. The transactions involved ordinary shares with a nominal value of 20p each. No specific details about the volume, price, or nature of the transactions were disclosed in the announcement.