Core Viewpoint - Diversified Energy Company announced the resignation of Randall Wade from its Board of Directors following a decrease in EIG Management Company's ownership below 10% of the company's outstanding shares, with no disagreements cited as the reason for his departure [1]. Group 1: Board Changes - Randall Wade, Co-Founder of EIG, has resigned from the Board of Directors of Diversified Energy Company [1]. - Wade's resignation follows a reduction in EIG's ownership stake in Diversified Energy [1]. - His contributions were acknowledged as valuable during his tenure, particularly in energy investments and strategic growth [1]. Group 2: Company Strategy and Leadership - CEO Rusty Hutson, Jr. expressed gratitude for Wade's leadership during a critical period for the company, highlighting his role in shaping acquisition strategies and integrating the Maverick acquisition [2]. - The company remains committed to delivering sustainable returns and enhancing shareholder value through disciplined acquisitions and operational excellence [2]. - Diversified Energy focuses on acquiring, operating, and optimizing cash-generating energy assets while investing in technology to improve performance [2]. Group 3: Company Overview - Diversified Energy is recognized as a leading publicly traded energy company, emphasizing the acquisition and optimization of long-life energy assets [3]. - The company is noted for its sustainability leadership and solutions-oriented approach, aiming to produce energy responsibly while generating reliable free cash flow [3].

Core Insights - JCDecaux SE has signed a share purchase agreement to sell 325,519 shares of APG|SGA, representing 10.85% of its share capital to NZZ [1][2] - The transaction requires the introduction of an opting-up provision, which was approved by APG|SGA shareholders, ensuring no mandatory offer by NZZ is triggered [2] - The completion of the sale is anticipated in Q2 2026, pending antitrust approvals [2] Financial Impact - Post-transaction, JCDecaux's stake in APG|SGA will decrease to approximately 5.6% [3] - The deal is expected to generate cash proceeds of around 71 million CHF (approximately 76 million EUR) before transaction costs [3] Company Overview - JCDecaux is the leading outdoor advertising company globally, with 2024 revenue projected at €3,935.3 million and H1 2025 revenue at €1,868.3 million [7] - The company reaches a daily audience of 850 million across more than 80 countries, operating 1,091,811 advertising panels [7] - JCDecaux is recognized for its sustainability efforts, having joined the Euronext Paris CAC® SBT 1.5° index and achieving high ratings in various sustainability assessments [7]

Core Viewpoint - Diversified Energy Company has initiated fixed income investor meetings to discuss a potential tap issue of at least USD 100 million in senior secured bonds, which may be issued depending on market conditions [1][2]. Group 1: Bond Tap Issue - The Company plans to conduct fixed income investor meetings starting January 23, 2026, with DNB Carnegie acting as Manager and Bookrunner [1]. - The proposed bond tap issue will involve a minimum of USD 100 million of outstanding senior secured bonds due April 2029 [1]. - The net proceeds from the bond tap issue, if issued, will be utilized for general corporate purposes [2]. Group 2: Regulatory and Legal Considerations - The bond tap issue will be offered only to qualified institutional buyers in the United States under Rule 144A of the U.S. Securities Act and will not be registered under the U.S. Securities Act or any state securities laws [3]. - This announcement is not intended for distribution in jurisdictions where it would be unlawful, including Australia, Canada, Japan, Hong Kong, and South Africa [3]. Group 3: Company Overview - Diversified Energy Company is a publicly traded energy firm focused on acquiring, operating, and optimizing cash-generating energy assets [5]. - The Company employs a differentiated strategy to enhance the environmental and operational performance of long-life assets before retiring them safely [5]. - Recognized for sustainability leadership, Diversified aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [5].

Core Viewpoint - JCDecaux has been recognized for the third consecutive year in CDP's A List, affirming its leadership in environmental transparency and performance in combating climate change [1][2][9] Group Performance and Recognition - Among 20,000 companies assessed by CDP, JCDecaux ranks in the top 4% included in the A List, marking the fifth time the company has achieved this recognition since 2019 [2] - The assessment by CDP is based on a rigorous methodology that evaluates the quality and completeness of disclosed data, governance, and the management of climate-related risks and opportunities [3] Carbon Reduction Commitments - JCDecaux aims to achieve Net Zero Carbon by 2050, with a key milestone of reducing Scope 1 and 2 emissions by at least 73% and Scope 3 emissions by 46% by 2030 compared to 2019 [4][8] - In 2024, JCDecaux reported a 65% reduction in Scope 1 and 2 emissions and a 21% reduction in Scope 3 emissions compared to 2019 [8] Engagement and Collaboration - The company is actively engaging with stakeholders to co-develop responsible media solutions and lower-carbon street furniture, supporting sustainable urban environments [5] - JCDecaux's business model aligns with the European Union Taxonomy, with nearly 50% of its revenue reflecting sustainable practices [6] Key Figures - JCDecaux reported a revenue of €3,935.3 million in 2024 and €1,868.3 million in H1 2025, maintaining its position as the number one outdoor advertising company worldwide [13] - The company operates 1,091,811 advertising panels globally and has a daily audience of 850 million people across more than 80 countries [13]

Core Viewpoint - Diversified Energy Company is under investigation for potential breaches of fiduciary duty related to the understatement of its asset retirement obligations for well decommissioning, which may significantly underestimate actual liabilities [1][3]. Group 1: Company Overview - Diversified Energy Company is the largest owner of natural gas wells in the United States, with over 73,000 wells located in the Appalachian Basin and Central Region [1]. - The company currently discloses approximately $642 million in Asset Retirement Obligations, averaging about $8,800 per well [1]. Group 2: Financial Implications - Industry benchmarks for decommissioning costs range from $50,000 to $150,000 per well, indicating that actual liabilities could be between $3 billion to $5 billion higher than what is currently disclosed [1]. - In November 2024, Diversified settled a class action lawsuit by agreeing to plug 2,600 wells by 2034, which represents a 4.5-fold increase over previous commitments [2]. Group 3: Regulatory and Legal Context - Congressional Democrats have raised concerns about whether Diversified is severely underestimating its plugging costs, with independent estimates suggesting over $2 billion in deferred environmental liabilities [2]. - Highful Law PLLC is investigating whether the directors of Diversified breached their fiduciary duties by allowing materially understated decommissioning liability disclosures and lacking adequate oversight [3].

Core Viewpoint - Diversified Energy Company (NYSE:DEC) experienced a share price increase of 2.93% from December 22 to December 29, 2025, making it one of the top-performing energy stocks for that week [1]. Group 1: Company Performance - The company is engaged in the responsible production, transportation, and marketing of natural gas and natural gas liquids primarily from existing assets in the United States [2]. - On December 29, 2025, Diversified Energy announced the repurchase of 54,459 shares at a volume-weighted average price of $14.2973 per share, as part of its buyback program initiated in March 2025. This action will reduce the outstanding share count to 79,073,148, which is expected to enhance earnings per share and improve investor confidence [3]. - Despite the recent share price gains, the stock has seen a decline of over 14% since the beginning of 2025 [4]. Group 2: Market Influences - The recent increase in natural gas prices, driven by forecasts of a colder winter, is anticipated to boost demand for heating, contributing to the positive performance of Diversified Energy [4].

Group 1 - The warrants of Giant Mining Corp. listed on May 6, 2025, will expire on December 31, 2025 [1][2] - All trades on the expiration date, December 31, 2025, will be settled in cash on the same day [1][2] - The warrants will be halted at noon and delisted at market close on December 31, 2025 [1][3]

Core Points - Diversified Energy Company announced a dividend of 29 cents per share for Q2 2025, payable on December 31, 2025, to shareholders registered by December 1, 2025 [2] - Shareholders opting for GBP sterling will receive 21.634 pence per share, based on the exchange rate of GBP 0.74599 = US $1.00 as of December 12, 2025 [3] Company Overview - Diversified Energy Company is a publicly traded energy firm focused on acquiring, operating, and optimizing cash-generating energy assets [4] - The company employs a differentiated strategy to acquire long-life assets and invests in them to enhance environmental and operational performance, ensuring safe and environmentally secure retirement of these assets [4] - Recognized for sustainability leadership, the company aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [4]

Core Viewpoint - JCDecaux SE plans to sell an additional 10.85% stake in APG|SGA to NZZ, reducing its ownership to approximately 5.6% after the transaction is completed [1][2] Group 1: Transaction Details - JCDecaux SE previously sold about 13.56% of APG|SGA's share capital to NZZ on May 29, 2024 [1] - The new share purchase agreement signed on December 11, 2025, involves the sale of 325,519 shares [1] - The transaction is expected to generate cash proceeds of approximately 71 million CHF (around 76 million EUR) for JCDecaux SE before transaction costs [2] Group 2: Conditions and Timeline - The completion of the transaction is subject to approval from APG|SGA shareholders regarding a selective opting up clause [2] - The transaction is anticipated to be finalized after the Annual General Meeting of APG|SGA in spring 2026 [2] Group 3: Company Overview - JCDecaux is the number one outdoor advertising company globally, with a revenue of €3,935.3 million in 2024 and €1,868.3 million in H1 2025 [7] - The company operates over 1 million advertising panels worldwide and reaches a daily audience of 850 million people across more than 80 countries [7] - JCDecaux is recognized for its sustainability efforts and has received high ratings from various environmental performance indices [7]

Core Insights - Carrefour, Carmila, Unlimitail, and JCDecaux have formed a strategic partnership to enhance retail media through indoor Digital Out-of-Home (DOOH) and outdoor advertising at shopping centers in France and Spain [1][2][10] Partnership Details - The partnership aims to create a new media ecosystem at Carrefour and Carmila sites, with JCDecaux managing and upgrading advertising assets [2] - This collaboration aligns with Carrefour's transformation strategy, focusing on innovation and long-term value creation for real estate assets [2][9] Implementation Strategy - In France, the project will introduce 75-inch LCD digital screens and 81-inch LED screens in access areas, enhancing the advertising format [3][4] - The deployment will cover 161 shopping center malls and 297 access areas, marking JCDecaux's largest multi-site project in France [4] Expansion Plans - In Spain, JCDecaux will develop an indoor DOOH offer across 91 shopping centers and an outdoor offer across 88 access areas starting in 2027 [5] Technological Advancements - The digital assets will utilize low-energy technologies, and analogue street furniture will be upgraded with energy-efficient LED lighting [6] Retail Media Integration - The new OOH/DOOH network will integrate with Unlimitail's retail media offering, allowing for omnichannel strategies and programmatic DOOH campaigns [7][8] - Advertisers will have access to performance measurement tools based on aggregated data from Carrefour and Unlimitail [8] Strategic Goals - The project aims to modernize shopping centers, enhance visitor experience, and create new revenue streams through retail media [9][10] - The partnership is expected to leverage the strengths of Carrefour's audience, Carmila's real estate expertise, Unlimitail's retail media capabilities, and JCDecaux's outdoor advertising leadership [10]