Diversified Energy Company PLC (LON/NYSE: DEC) has announced that as part of the annual reconstitution of the Russell stock indexes, Diversified is to be included in the Russell 2000 Index effective at the open of US equity markets on Monday, July 1st, 2024 according to the preliminary list of additions posted on Friday, May 24th, 2024.
Rusty Hutson, Jr., CEO of Diversified Energy Company, commented:
“We are excited to join the Russell 2000Ò Index and increase our exposure to the US investment community, particularly following our solid first quarter results and the recent listing on the NYSE. The Russell 2000Ò Index is widely regarded as a bellwether of the US economy due to its focus on American small businesses, and our inclusion illustrates the Company’s continued financial strength and performance. This is an important milestone for Diversified, and we look forward to communicating with a broader audience of investors, which we expect will expand our shareholder base and enhance the trading liquidity in our stock.”
