Diversified Energy Company PLC

Equities

DEC

GB00BQHP5P93

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:09 2024-05-23 am EDT			5-day change	1st Jan Change
1,115 ^GBX	+3.22%		-2.36%	0.00%

May. 16	Barclays raises Travis Perkins to 'overweight'	AN
May. 10	Diversified Energy to engage over equity incentive plans	AN

Diversified Energy to engage over equity incentive plans

May 10, 2024 at 03:16 pm EDT

Diversified Energy Company PLC - Alabama, US-based oil and gas production company - Welcomes shareholder support for 19 of 20 resolutions at annual general meeting. Notes that Resolution 19, calling for an amendment to the 2017 Equity Incentive Plan to increase the number of shares available under the plan - while receiving 74% backing, did not meet the 75% threshold to pass. Plans to continue to engage with key stakeholders throughout 2024 on equity incentive plan matters.

Current stock price: 1,114.00 pence

12-month change: down 39%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Diversified Energy Company PLC

Barclays raises Travis Perkins to 'overweight'	May. 16	AN
Diversified Energy to engage over equity incentive plans	May. 10	AN
Diversified Energy output steady amid "natural gas market headwinds"	May. 09	AN
Diversified Energy Swings to Loss in Q1; Total Revenue Down	May. 09	MT
Earnings Flash (DEC.L) DIVERSIFIED ENERGY Reports Q1 Revenue $193.6M	May. 09	MT
Diversified Energy Company PLC Reports Production Results for the First Quarter Ended March 31, 2024	May. 09	CI
Diversified Energy Company PLC Announces Dividend for the First Quarter Ended March 31, 2024, Payable on September 27, 2024	May. 09	CI
Diversified Energy hopes for "accretive" future as buyback continues	Apr. 05	AN
Tranche Update on Diversified Energy Company PLC's Equity Buyback Plan announced on September 30, 2022.	Mar. 19	CI
Diversified Energy Company PLC Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 19	CI
Diversified Energy swings to profit but slashes dividend 67%	Mar. 19	AN
Diversified Energy swings to profit; recalibrates dividends	Mar. 19	AN
Diversified Energy to Acquire Oaktree's Working Interest in US Assets for $410 Million	Mar. 19	MT
Transcript : Diversified Energy Company PLC, 2023 Earnings Call, Mar 19, 2024	Mar. 19
Earnings Flash (DEC.L) DIVERSIFIED ENERGY COMPANY Posts Q4 Revenue $868.3M	Mar. 19	MT
Diversified Energy Company plc Recommends New Quarterly Dividend, Payable on June 2024	Mar. 19	CI
Tranche Update on Diversified Energy Company PLC's Equity Buyback Plan announced on May 31, 2023.	Mar. 18	CI
Tranche Update on Diversified Energy Company PLC's Equity Buyback Plan announced on May 31, 2023.	Mar. 18	CI
Diversified Energy Company Seeks Accretive Acquisitions	Mar. 18	CI
Diversified Energy Company PLC entered into a conditional agreement to acquire working interests in certain assets operated in the Central Region from Oaktree Capital Management, L.P. for approximately $410 million.	Mar. 18	CI
Vivakor Agrees to Merge with Empire Diversified Energy in Definitive Stock Deal, Shares Jump	Mar. 04	MT
Aquila European Renewables begins combination process	Feb. 26	AN
Diversified Energy offers dividend alternative	Feb. 15	AN
Barclays Clarifies Stance on Climate Change, to Cease Financing of Upstream Oil, Gas Projects	Feb. 09	MT
Fed officials fail to convince investors, who are focused on earnings	Feb. 07

Chart Diversified Energy Company PLC

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Company Profile

Diversified Energy Company PLC is an independent energy company. The Company is engaged in the production, marketing, and transportation of natural gas and associated liquids from its complementary onshore upstream and midstream assets, primarily located within the Appalachian and Central Regions of the United States. Its asset base is comprised of conventional and unconventional natural gas, natural gas liquids, and oil-producing wells. The Companyâs portfolio consists of the production of primarily natural gas wells and gathering systems located within the Appalachia and Central Region. Its midstream and marketing have its portfolio contains approximately 17,000 miles of gathering and transportation lines and associated compression stations located throughout its operating footprint. The Company's operations are located in Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas and Louisiana.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-22 - Investor Meeting - Stifel

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Ratings for Diversified Energy Company PLC

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

14.04 USD

Average target price

29.12 USD

Spread / Average Target

+107.47%

Consensus

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Quarterly earnings - Rate of surprise

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