Core Viewpoint - Diversified Energy Company PLC (DEC) is positioned for potential growth, with a price target set at $23, indicating a possible increase of approximately 50.13% from its current price of $15.32 [1][5]. Company Overview - DEC is a UK-based energy company focused on the production and distribution of natural gas and oil [1]. - The company has a market capitalization of approximately $1.19 billion, making it a significant player in the energy sector [4]. Stock Performance - DEC's current stock price is $15.32, reflecting a slight increase of $0.13, or 0.86%, from the previous session [3]. - Over the past year, DEC's stock has fluctuated between a high of $17.70 and a low of $10.08, indicating both growth potential and volatility [4][5]. - Today's trading volume for DEC is 996,698 shares, suggesting active investor interest and potential market confidence [4]. Investor Activity - Ameriprise Financial, Inc. has increased its holdings in DEC, which may influence voting rights and market perceptions [2][5].

Core Points - The notification indicates a change in the breakdown of voting rights for Diversified Energy Company PLC, specifically involving Ameriprise Financial, Inc. [1][2] Group 1: Issuer and Shareholder Details - The issuer is Diversified Energy Company PLC, based in the UK [1] - Ameriprise Financial, Inc. is the entity subject to the notification obligation, with its registered office located in Minneapolis, United States [2] Group 2: Voting Rights Changes - On November 24, 2025, Ameriprise Financial, Inc. crossed a voting rights threshold, resulting in a total of 3,855,318 voting rights, which represents 4.792% of the total voting rights [6][8] - The previous notification indicated a voting rights percentage of 5.019% [6] Group 3: Financial Instruments - There are no reported financial instruments that would affect the voting rights according to the specified regulations [4][5] Group 4: Control Structure - Ameriprise Financial, Inc. wholly owns Columbia Management Investment Advisers, LLC, which does not hold any voting rights or financial instruments that would affect the voting rights [8]

Core Insights - The financing transaction involved a $400 million ABS XI note structured as a master trust, which was utilized for direct acquisition financing without the need for a bridge facility, thus saving time and costs [1] - The ABS product is highlighted for its ability to optimize the cost of capital for buyers and maximize asset value for sellers [1] - The tranche notes were priced at a blended coupon of 5.97%, indicating a competitive financing cost [1] Company Overview - Legado Capital Advisors is a leading advisory and capital solutions firm specializing in structured finance, strategic transactions, and capital market execution within the oil and gas sector [1] - The firm emphasizes a relationship-driven approach and deep industry expertise to help clients optimize their capital structures and achieve long-term value creation [1] Strategic Partnerships - The ABS transaction leverages a previously announced strategic partnership between Diversified and The Carlyle Group, enhancing the financing's credibility and potential impact [1] - This partnership is expected to strengthen Diversified's capital structure and provide long-term, low-cost funding aligned with the high-quality asset profile of Canvas Energy [1]

Core Insights - JCDecaux has secured an 8+2 year advertising contract with Helsinki City Transport Authority and Länsimetro Oy, continuing its partnership that began in 2009 [1][2] - The metro line in Helsinki and Espoo serves over 1 million commuters weekly, highlighting its significance in public transportation [2] - JCDecaux plans to enhance advertising inventory with state-of-the-art technology, including new LED screens across 30 metro stations [3] Company Overview - JCDecaux is the leading 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 reaches a daily audience of 850 million people across more than 80 countries, operating 1,091,811 advertising panels in 3,894 cities [7] - JCDecaux is recognized for its sustainability efforts, having its carbon reduction trajectory approved by the SBTi and achieving high ratings in various sustainability assessments [7]

Key Takeaways - Diversified Energy Company (DEC) has completed the acquisition of Canvas Energy, enhancing its production capacity and operational scale through the addition of significant assets and acreage in Oklahoma [1][2] Acquisition Details - The acquisition adds approximately 147 million cubic feet equivalent of natural gas per day to DEC's net production, increasing its output by roughly 13% [2] - The purchase price for the assets is around $550 million, valuing them at approximately 3.5 times the expected next-twelve-month EBITDA [2] - DEC gains nearly 1.6 million net acres in Central Oklahoma, which enhances operational overlap and creates new optimization opportunities [2] Financial Structure - To finance the acquisition, DEC utilized a $400 million asset-backed securitization (ABS) structure, supported by Carlyle-managed funds and co-investors [3] - The ABS XI issuance features an investment-grade "A" tranche with a blended coupon of 5.97%, allowing DEC to maintain financial discipline while expanding its asset base [3] Share Issuance - As part of the transaction, DEC issued 3,720,125 new common shares to former Canvas equity holders, bringing the total number of shares outstanding to 80.4 million [4] - Each share carries one vote, resulting in a total of 80.4 million voting rights in the company as of November 24, 2025 [4] Company Overview - DEC is focused on natural gas and liquids production, transport, marketing, and well retirement, currently holding a Zacks Rank 3 (Hold) [5]

Core Points - Decade Resources Ltd. has successfully closed a private placement, raising total gross proceeds of $1,170,000 [1] - The private placement consisted of two types of units: flow-through units and non-flow-through units [2][3] Flow-Through Units - A total of 24,250,000 flow-through units were issued at a price of 4 cents per unit, generating gross proceeds of $970,000 [2] - Each flow-through unit includes one common share and one warrant, with the warrant exercisable at $0.06 per share for a period of 24 months [2] - Proceeds from flow-through units will be allocated to Canadian exploration expenses and critical mineral mining expenditures on the company's B.C. properties [4] Non-Flow-Through Units - A total of 5,000,000 non-flow-through units were issued at a price of 4 cents per unit, generating gross proceeds of $200,000 [3] - Each non-flow-through unit consists of one common share and one warrant, with the warrant exercisable at $0.06 per share for a period of 36 months [3] - Proceeds from non-flow-through units will be used for general working capital [4] Additional Information - The company paid cash finder's fees totaling $86,800 and issued 2,170,000 warrants to finders, which are exercisable for a 24-month period [5] - All securities issued are subject to a statutory hold period of four months, expiring on March 22, 2026 [5]

Group 1 - The company disclosed transactions in its own shares conducted from November 20 to November 21, 2025, to the French Financial Markets Authority on November 24, 2025 [1] - The disclosure document is available to the public on the company's website [1] - For further inquiries, the Head of Investor Relations can be contacted via phone or email [1] Group 2 - JCDecaux reported 2024 revenue of €3,935.3 million and H1 2025 revenue of €1,868.3 million [5] - The company is the number one out-of-home media company worldwide, reaching a daily audience of 850 million people across more than 80 countries [5] - JCDecaux operates 1,091,811 advertising panels globally and is present in 3,894 cities with populations over 10,000 [5] - The company employs 12,026 people and is listed on the Eurolist of Euronext Paris, part of the SBF 120 and CAC Mid 60 indexes [5] - JCDecaux's carbon reduction trajectory has been approved by the SBTi, and it is part of the Euronext Paris CAC® SBT 1.5° index [5] - The company has received high ratings for its extra-financial performance, including CDP (A), MSCI (AAA), and Sustainalytics (11.9), and has achieved Gold Medal status from EcoVadis [5] - JCDecaux is a leader in self-service bike rental schemes and is recognized as a pioneer in eco-friendly mobility [5] - The company holds the number one position in street furniture with 629,737 advertising panels and in transport advertising with 157 airports and 257 contracts in various transport modes [5] - JCDecaux is the leading outdoor advertising company in Europe, Asia-Pacific, Latin America, and Africa, with significant numbers of advertising panels in each region [5]

Core Viewpoint - Diversified Energy Company has successfully completed the acquisition of Canvas Energy, enhancing its operational capabilities and asset portfolio in Oklahoma, funded through a $400 million asset-backed securitization [2][3]. Acquisition Highlights - The acquisition adds complementary operated producing properties and acreage positions in Oklahoma, with a purchase price of approximately $550 million, reflecting a purchase price multiple of about 3.5x on next twelve months (NTM) EBITDA [7]. - The estimated NTM EBITDA for the combined entities is around $155 million, prior to anticipated synergies, with a proved PV-10 value of approximately $690 million and total reserves of about 200 million barrels of oil equivalent (MMBoe) [7]. - The acquisition is expected to yield significant annual run rate synergies and includes commercially attractive undeveloped acreage, providing options for portfolio optimization [7]. ABS Financing Highlights - To facilitate the acquisition, the company issued 3,720,125 new shares of common stock, which will be listed on the New York Stock Exchange [4]. - The ABS transaction is structured as a master trust, with "A" tranche notes priced at a blended coupon of 5.97%, benefiting from an investment-grade rating [7]. Total Voting Rights - As of November 24, 2025, the total number of shares of common stock in issue is 80,445,793, with each share carrying one vote [6].

Core Points - Diversified Energy Company has received approval to move its primary listing to the New York Stock Exchange while retaining a secondary listing on the London Stock Exchange [1][2] - The High Court of Justice of England and Wales has sanctioned the scheme of arrangement to introduce a new Delaware-incorporated parent holding company for Diversified Energy Company [1][2] - The scheme will become effective on November 24, 2025, with the cancellation of the ordinary shares listing on the FCA's Official List [3] Group 1 - The primary listing of Diversified's common stock on the NYSE is expected to be effective on November 24, 2025, with the last day of dealings on the LSE being November 21, 2025 [2][3] - Following the scheme's effectiveness, Diversified will continue its share buyback program as previously announced [3] Group 2 - Diversified Energy Company is recognized for its sustainability leadership and focuses on acquiring, operating, and optimizing cash-generating energy assets [4]

Core Viewpoint - JCDecaux SE has announced a share buy-back program for up to 1.5 million shares, representing approximately 0.70% of its share capital, to be executed from November 20, 2025, to May 13, 2026 [1][2]. Group 1: Share Buy-Back Program - The share buy-back program is authorized by the Annual General Meeting held on May 14, 2025 [2]. - An investment-services provider has been appointed to facilitate the purchase of shares [2]. - The shares acquired will primarily be used to cover performance share allocations for current or future performance plans [3]. Group 2: Company Overview - JCDecaux reported a revenue of €3,935.3 million for 2024 and €1,868.3 million for H1 2025 [6]. - The company is the number one out-of-home media company globally, with a daily audience of 850 million people across more than 80 countries [6]. - JCDecaux operates 1,091,811 advertising panels worldwide and is present in 3,894 cities with populations exceeding 10,000 [6]. - The company employs 12,026 individuals and is listed on the Eurolist of Euronext Paris, being part of the SBF 120 and CAC Mid 60 indexes [6]. - JCDecaux has received various recognitions for its extra-financial performance, including an A rating from CDP and AAA from MSCI [6].