Diversified Energy Company Plc Stock Price, News & Analysis

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.

Diversified Energy Company (LSE: DEC) (NYSE: DEC) has executed a share buyback program, purchasing 5,000 Ordinary Shares at a volume weighted average price of 1p per share through Peel Hunt LLP. The acquired shares will be cancelled, reducing the total number of outstanding Ordinary Shares to 80,985,155.

This updated share count will serve as the denominator for shareholders' calculations regarding interest notifications under the FCA's Disclosure Guidance and Transparency Rules. The transaction was conducted in compliance with Article 5(1)(b) of the Market Abuse Regulation.

Diversified Energy Company (LSE: DEC) (NYSE: DEC) has announced details of its Share Buyback Program following approval at the 2024 Annual General Meeting. The program allows for the repurchase of up to 4,756,842 shares with a total consideration not exceeding £52.3 million.

The buyback program will run until the earlier of June 30, 2026, or the Company's 2026 Annual General Meeting. The Board initiated this program believing the shares are trading at a substantial discount to net asset value, viewing it as an appropriate use of cash resources.

The company has engaged Peel Hunt LLP to execute the buyback on the London Stock Exchange, operating within regulatory parameters including Market Abuse Regulation and FCA Listing Rules. Repurchased shares will initially be held as treasury shares and subsequently cancelled in accordance with the Companies Act 2006.