The latest trading session saw Diversified Energy Company PLC (DEC) ending at $11.71, denoting a +1.21% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.91%. Elsewhere, the Dow lost 1.5%, while the tech-heavy Nasdaq lost 1.96%.Prior to today's trading, shares of the gas and oil production company had lost 31.94% over the past month. This has lagged the Oils-Energy sector's loss of 4.23% and the S&P 500's loss of 7.38% in that time.The investment community ...

JCDecaux announces the retirement of Daniel Hofer, Member of JCDecaux SE’s Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central Asia. Jérôme d’Héré has been appointed to succeed him as CEO for this region Paris, March 10th, 2025 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces the retirement from his operational role of Daniel Hofer, Member of the Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central ...

BIRMINGHAM, Ala., March 10, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) is pleased to announce that the resolution put to shareholders at the Company's General Meeting held earlier today was duly passed. The General Meeting was held to invite shareholders to consider and approve the resolution to allot and issue the consideration shares connection with the proposed acquisition of Maverick Natural Resources (the “Acquisition”), as described in the announcement released on Janu ...

Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve innovative capital structuring coupled with environmental credit cash flow generation from the fuel cell platforms and coal mine methane (CMM) Clean fuel cell technology can reduce the carbon foo ...

Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve innovative capital structuring coupled with environmental credit cash flow generation from the fuel cell platforms and coal mine methane (CMM) Clean fuel cell technology can reduce the carbon foo ...

Diversified Energy, FuelCell Energy, and TESIAC Collaborate to Form an Acquisition and Development Company to Leverage Coal Mine Methane and Natural Gas for Off-Grid Data Center Power Projects Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve in ...

Core Insights - JCDecaux reported a strong revenue growth of +10.2% in 2024, reaching €3,935.3 million, with an organic growth of +9.7% [2][10] - Digital revenue grew by +21.9%, accounting for 39% of total group revenue, highlighting the shift towards digital out-of-home advertising [2][13] - The company achieved double-digit increases in key financial metrics, including a +15.3% operating margin and a +23.8% increase in net income [2][4] Financial Performance - Operating margin increased to €764.5 million, representing 19.4% of revenue, up from 18.6% in 2023 [26][27] - EBIT grew by +44.8% to €408.7 million, driven by improved operating margins and a capital gain from the sale of part of the stake in APG|SGA [31][33] - Free cash flow reached €231.9 million, reflecting strong operational performance and effective cash management [39] Revenue Breakdown - Revenue from Street Furniture increased by +8.7% to €1,998.5 million, while Transport revenue grew by +12.8% to €1,390.1 million [16][19] - Billboard revenue rose by +9.7% to €546.6 million, driven by digitized markets [21] - All geographic areas showed strong organic growth, with the UK growing by +21.7% and France by +9.5% [22] Digital Advertising Growth - Digital Out-of-Home (DOOH) revenue accounted for 39% of total revenue, with programmatic advertising growing by +45.6% to €145.9 million [13][14] - The company focused on expanding its digital screen presence and enhancing data and programmatic capabilities [13] Future Outlook - For Q1 2025, JCDecaux expects organic revenue growth of around +5% [5][49] - The company targets an operating margin rate above 20% and free cash flow exceeding €300 million by 2026 [5][49] Dividend and Financial Structure - A dividend of €0.55 per share is proposed for 2024, with intentions to gradually increase this in the future [42] - The company reported a significant reduction in net debt by approximately 25%, bringing it down to €756.3 million [40][41]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers a wide range of sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive has a presence in key finance and investing hubs with bureaus and studios located in London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company emphasizes the use of technology to enhance workflows and improve content production [4] - Proactive employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Core Insights - Diversified Energy Company PLC has successfully completed the acquisition of operated natural gas properties and related midstream pipeline infrastructure from Summit Natural Resources, enhancing its operational capabilities and cash flow potential [1][6][8] - The company has also closed an asset-backed securitization (ABS) refinancing, which is expected to improve cash flows and margins through a better hedging profile and strategic refinancing [2][8] Acquisition Highlights - The acquisition net purchase price is approximately $42 million, with current net production estimated at around 12 million cubic feet equivalent per day (MMcfepd) [7] - Proven developed producing (PDP) reserves are reported at 65 billion cubic feet equivalent (Bcfe), with a present value (PV-10) of approximately $55 million [7] - The acquisition is expected to generate an estimated adjusted EBITDA of around $12 million for 2025, with existing coal mine methane (CMM) volumes providing opportunities for future production and environmental credits [7] ABS Issuance Highlights - The ABS X note is structured as a master trust with a total issuance of $530 million, significantly oversubscribed at 6.5 times, indicating strong demand from investors [7][8] - The notes are rated investment grade with a blended fixed coupon of approximately 6.4% in the A tranche, reflecting the quality of the cash flows from the company's assets [7][8] - Strategic hedges are expected to add approximately 40% ($38 million) to the EBITDA of the refinanced assets, enhancing overall financial performance [7][8] Sustainability Commitment - The company has received a Second Party Opinion from Sustainable Fitch, confirming that the key performance indicators (KPIs) of the ABS align with the International Capital Markets Association (ICMA) framework for sustainability-linked bond principles [5]

Core Points - JCDecaux has been recognized in the CDP A List for the second consecutive year, maintaining its Leadership level in 2024 [1][2] - The company achieved an 'A' score from CDP, placing it among a small number of companies out of over 24,800 assessed, reflecting its significant environmental actions [2][4] - JCDecaux's commitment to reducing its carbon footprint includes a target of Net Zero Carbon by 2050 and ambitious short- and long-term emission reduction goals [5][7] Group 1: Recognition and Achievements - JCDecaux has been listed in the CDP A List for the fourth time, showcasing its leadership in combating climate change [2][3] - The company has a strong commitment to transparency and environmental issues, evidenced by its comprehensive disclosure and management of environmental risks [4][6] - The Group's carbon reduction trajectory has been validated by the Science-Based Targets initiative (SBTi) [5][12] Group 2: Environmental Strategy - By 2030, JCDecaux aims to reduce Scope 1 and 2 emissions by at least 72.8% and Scope 3 emissions by 46.2% compared to 2019 [7] - The company is implementing eco-design principles and conducting life cycle analyses to minimize environmental impacts [7][8] - JCDecaux has committed to using 100% renewable electricity since 2022 and is a member of the RE100 initiative [7][8] Group 3: Market Position and Operations - JCDecaux is the number one outdoor advertising company globally, with a daily audience of 850 million people across more than 80 countries [12] - The company operates 1,056,833 advertising panels worldwide and is present in 3,918 cities with populations over 10,000 [12] - JCDecaux is recognized for its extra-financial performance, achieving high ratings from various sustainability indices [12]