Diversified Energy Company(DEC)
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Diversified Energy Announces Third Quarter Dividend
Globenewswire· 2025-11-03 21:14
Core Viewpoint - Diversified Energy Company PLC has declared an interim dividend of 29 cents per share for the third quarter of 2025, reflecting the company's commitment to returning value to shareholders [2]. Dividend Announcement - The interim dividend of 29 cents per share is for the three-month period ending September 30, 2025 [2]. - Key dates related to the dividend include: - Record Date: February 27, 2026 - Payment Date: March 31, 2026 - Default Currency: US Dollar - Currency Election Option: Sterling - Last Date for Currency Election: March 6, 2026 [3]. Currency Election - The dividend will be paid in U.S. dollars, with an option for shareholders to elect to receive it in sterling [4]. - Shareholders wishing to receive their dividend in sterling must submit a currency election form by March 6, 2025 [4]. Additional Information - The sterling value of the dividend payable per share will be announced approximately two weeks prior to the payment date [5]. - The announcement contains inside information as per UK MAR regulations [5]. Company Overview - Diversified Energy Company PLC is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [6]. - The company employs a differentiated strategy by acquiring long-life assets and investing in them to enhance environmental and operational performance [6]. - Recognized for sustainability leadership, Diversified aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [6].
Diversified Energy Company PLC (DEC) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-10-28 22:51
Group 1 - Diversified Energy Company PLC (DEC) closed at $12.68, down 4.45% from the previous session, underperforming the S&P 500's gain of 0.23% [1] - The stock has decreased by 4.94% over the past month, compared to the Oils-Energy sector's loss of 2.26% and the S&P 500's gain of 3.57% [1] Group 2 - The company is set to release its earnings report on November 3, 2025, with Zacks Consensus Estimates predicting earnings of $2.73 per share and revenue of $1.71 billion, reflecting year-over-year increases of +40% and +97.06% respectively [2] - Recent changes to analyst estimates indicate a positive outlook for the company's business operations and profit generation [3] Group 3 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that DEC currently holds a Zacks Rank of 4 (Sell) [5] - Over the last 30 days, the Zacks Consensus EPS estimate for DEC has increased by 18.95% [5] Group 4 - DEC has a Forward P/E ratio of 4.86, significantly lower than its industry's Forward P/E of 24.15, indicating a valuation discount [6] - The Alternative Energy - Other industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 161, placing it in the bottom 35% of over 250 industries [6]
JCDecaux wins the iconic advertising street furniture contract in Barcelona for 10 years
Globenewswire· 2025-10-27 16:40
Core Points - JCDecaux has been awarded a 10-year exclusive advertising contract for Barcelona's Bus Shelters and City Information Panels, marking its return to the city [1][2] - The contract includes the operation of over 1,400 bus shelters and nearly 500 City Information Panels, with a total of 3,000 analogue advertising panels and 300 new digital screens [2] - The new digital screens will be larger and more energy-efficient, utilizing the latest LED technology [2][4] - The contract aligns with JCDecaux's Climate Strategy, aiming for Net Zero Carbon by 2050, and includes measures to reduce carbon emissions through an eco-friendly vehicle fleet and renewable energy sources [4] - JCDecaux will expand its street furniture presence in Spain, with over 30,000 displays in 25 of the 30 largest cities, targeting a young and mobile audience [5][6] Company Overview - JCDecaux reported a revenue of €3,935.3 million for 2024 and €1,868.3 million for H1 2025 [7] - 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 [7] - JCDecaux operates 1,091,811 advertising panels worldwide and is present in 3,894 cities with populations over 10,000 [7] - The company has received high ratings for its extra-financial performance, including recognition from CDP, MSCI, and EcoVadis [9]
Diversified Energy Achieves Gold Reporting in the United Nations’ Oil & Gas Methane Partnership 2.0 for Continued Commitment to Methane Reduction
Globenewswire· 2025-10-27 10:00
Core Insights - Diversified Energy has achieved the Gold Standard Reporting certification from the Oil & Gas Methane Partnership 2.0, marking its fourth consecutive year of recognition for its commitment to methane reduction [1][2][4] Company Commitment - The company has been a reporting member of OGMP 2.0 since May 2022, demonstrating its dedication to transparent reporting and measurement-based emissions data [1][2] - Diversified has set aggressive multi-year plans to accurately measure and significantly reduce methane emissions, supported by annual capital investments in emission detection technologies [3][4] Industry Context - Diversified is one of only 9 US-based upstream companies to achieve Gold Standard status, joining over 65 companies globally, which collectively represent 17% of the world's oil and gas production [4] - The International Methane Emissions Observatory recognizes OGMP 2.0 as the standard for transparency in methane measurement and management [4] Technological Innovation - The company leverages technology and innovative approaches to enhance emission performance, aiming to make methane leaks rare [3] - Achieving Gold Standard Reporting positions Diversified to offer Responsibly Sourced Gas (RSG), a commodity valued for its verified low-methane attributes [3]
JCDecaux signs the landmark OOH/DOOH advertising contract in Norway with Bane NOR
Globenewswire· 2025-10-23 15:40
Core Insights - JCDecaux SE has signed an exclusive 4+2+2 year contract with Bane NOR to operate advertising assets at Norway's railway stations, including Oslo Central Station, which is the largest transportation hub in Norway [1][2] - The partnership with Bane NOR, which began in 2012, has led to significant contract growth and the development of effective advertising arenas [2] - Passenger figures for the first half of 2025 have reached record highs, with a growth of over 5% compared to the previous year, indicating a strong audience for advertisers [2] Company Overview - JCDecaux reported a revenue of €3,935.3 million for 2024 and €1,868.3 million for the first half of 2025 [4] - 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 [4] - JCDecaux operates 1,091,811 advertising panels worldwide and is present in 3,894 cities with populations over 10,000 [4] Industry Position - JCDecaux is recognized as a leader in various segments, including street furniture, transport advertising, and billboards, holding the number one position in multiple regions [4] - The company has achieved significant accolades for its sustainability efforts, including recognition from the SBTi and EcoVadis [4] - JCDecaux is also a pioneer in eco-friendly mobility solutions, being the number one worldwide in self-service bike rental schemes [4]
Diversified Energy Company PLC (DEC) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-10-22 22:51
Core Viewpoint - Diversified Energy Company PLC (DEC) is experiencing fluctuations in stock performance, with a recent increase in share price despite prior losses, and upcoming earnings expectations are significantly positive [1][2]. Group 1: Stock Performance - DEC's stock closed at $12.82, reflecting a +1.99% change from the previous day, outperforming the S&P 500's loss of 0.53% [1]. - Prior to the recent trading session, DEC shares had declined by 12.34%, underperforming the Oils-Energy sector's loss of 1.42% and the S&P 500's gain of 1.13% [1]. Group 2: Earnings Expectations - The upcoming earnings report for DEC is scheduled for November 3, 2025, with Zacks Consensus Estimates projecting earnings of $2.73 per share and revenue of $1.71 billion, indicating increases of +40% and +97.06% from the previous year, respectively [2]. Group 3: Analyst Estimates and Rankings - Recent changes in analyst estimates for DEC suggest a positive outlook, as revisions often reflect current business trends [3]. - The Zacks Rank system, which evaluates estimate changes, currently ranks DEC at 4 (Sell), indicating a less favorable outlook despite a recent 18.95% increase in consensus EPS projections [5]. Group 4: Valuation Metrics - DEC is currently trading at a Forward P/E ratio of 4.6, which is significantly lower than the industry average Forward P/E of 23.59, suggesting a valuation discount [6]. - The Alternative Energy - Other industry, which includes DEC, has a Zacks Industry Rank of 156, placing it in the bottom 37% of over 250 industries [6].
Diversified Energy Announces Timing of 2025 Third Quarter Results
Globenewswire· 2025-10-21 20:15
Core Viewpoint - Diversified Energy Company PLC is set to release its operational and financial results for Q3 2025 on November 3, 2025, after the US market closes, followed by a conference call on November 4, 2025, to discuss these results [1]. Group 1: Financial Results Announcement - The company will publish its Q3 2025 Results on its website prior to the conference call [2]. - A supplementary Q3 2025 Results Presentation will also be made available on the company's website [2]. Group 2: Company Overview - Diversified Energy Company PLC is a publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [3]. - The company employs a differentiated strategy by acquiring long-life assets and investing in them to enhance environmental and operational performance before retiring them safely [3]. - Recognized for sustainability leadership, the company aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [3].
Publication of Circular and Notice of Meetings
Globenewswire· 2025-10-17 10:17
Core Points - Diversified Energy Company PLC plans to move its primary listing to the New York Stock Exchange while maintaining a secondary listing on the London Stock Exchange, with the change to be executed through a UK scheme of arrangement [2] - A circular has been published detailing the transaction and convening shareholder meetings to approve related matters [3] - The scheme is expected to become effective around November 21, 2025, with NewCo shares anticipated to be listed on the NYSE and the London Stock Exchange by November 24, 2025 [4] Company Overview - Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [5] - The company employs a differentiated strategy by acquiring existing, long-life assets and investing in them to enhance environmental and operational performance [5] - Recognized for sustainability leadership, Diversified aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [5]
West Virginia and Diversified Energy Launch First-Of-Its-Kind Well Plugging Fund
Globenewswire· 2025-10-16 11:01
Core Points - The Mountain State Plugging Fund is a pioneering initiative established by West Virginia and Diversified Energy to ensure the retirement of oil and gas wells without taxpayer costs [1][2] - Diversified Energy commits $70 million over 20 years to the fund, promoting environmental stewardship and economic sustainability in West Virginia [2][5] - The fund aims to retire at least 1,500 wells in the first 20 years, with a goal of 250 wells annually thereafter [6] Company Commitment - Diversified Energy is enhancing its investment in its subsidiary, Next LVL Energy, to expand well retirement capacity in the Appalachian Basin, creating jobs and economic impact [3][4] - The partnership reflects a shared vision for responsible energy development and sets a new standard for financial assurance in the industry [4][5] Fund Structure - The fund will be managed by OneNexus, which provides financial assurance for asset retirement obligations, ensuring that funds are available when needed [6][8] - The principal amount of $70 million is expected to grow to $650 million over time, providing long-term financial protection for well retirement [6] Operational Impact - Next LVL Energy plans to plug 1,335 wells by the end of 2025, leading the region in well retirement operations [7] - The initiative positions West Virginia as a national leader in innovative energy solutions while addressing environmental concerns [2][4]
Decade Resources Reports First Assays from the North Mitchell Property Indicate High Gold and Silver
Newsfile· 2025-10-14 18:21
Core Insights - Decade Resources Ltd. has reported initial high-grade assay results from the North Mitchell Property, indicating significant potential for gold and silver resources in a region known for its rich mineral deposits [1][7]. Summary by Sections Assay Results - The first certified assay results from surface sampling on the North Mitchell Property show high metal content, with notable values including 45.0 g/t Au and 60.4 g/t Ag from one sample [5][9]. - Other significant assay results include 11.6 g/t Au and 53.92 g/t Ag, and 1.05 g/t Au and 4.23 g/t Ag from different locations on the property [5][9]. Nearby Major Deposits - The North Mitchell Property is strategically located near several major deposits, including Seabridge Gold's KSM and Snowfield deposits, and Newmont's Brucejack Mine, which are among the largest gold and copper resources globally [1][3]. - The report includes a table of nearby deposits with their respective categories, tonnage, grades, and contained metals, highlighting the potential for similar mineralization on the North Mitchell Property [3][6]. Management Commentary - The President of Decade Resources expressed excitement over the initial assay results, emphasizing the potential for both porphyry copper-gold and high-grade epithermal gold systems due to the geological features observed [7]. Next Steps - The company plans to conduct detailed mapping and sampling programs over key structural zones to further investigate the mineral potential of the North Mitchell Property [10][17]. - A maiden drill program is anticipated to commence in the 2026 season, contingent on permitting and financing [17].