Diversified Energy Company PLC (LON:DEC) announced on 21 March 2023 a dividend in respect of the fourth quarter ended 31 December 2022 of 4.375 cents per share. The Company will pay the Q4 2022 Dividend on 30 June 2023 to those shareholders on the register on 26 May 2023.
The Company announces that Shareholders who have elected to receive their dividends in GBP sterling will receive an equivalent payment of 3.43 pence per share, based on the 15 June 2023 exchange rate of GBP 0.78299=US $1.00.
The front-month natural gas contract for October delivery, which expired today, finishes 4.1% higher on the day at $2.764/mmBtu, marking a fourth straight session of prices increases. The front-month now shifts to the November delivery contract, which climbed
Diversified Energy Company PLC (LON:DEC) has announced its completion of the semi-annual borrowing base redetermination for the Company’s revolving credit facility, structured as a Sustainability-Linked Loan. The borrowing base under the facility was increased to $425 million from $375 million with 100%
Stifel’s E&P Analyst David Round discusses Diversified Energy Group plc in this exclusive interview with DirectorsTalk.
Natural gas prices rise for the third time in the past four sessions, climbing a solid 3.2% to end at $2.728/mmBtu. Reports indicating Freeport LNG began resuming normal feedgas intake flows on Friday after equipment-related disruptions early last
Diversified Energy Company PLC (LON:DEC) has announced executive leadership changes that allow for the continued execution of the Company’s long-term strategic vision. Eric Williams, Executive Vice President and Chief Financial Officer, has resigned from the Company, effective immediately,
U.S. natural gas production and demand will rise to record highs in 2023, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry gas production will rise to 102.69
Diversified Energy Company PLC (LON:DEC) has announced plans for members of its management team to participate in the following upcoming investor conferences and meetings: · Pickering Energy Partners TE&M FEST, September 21 & 22, 2023, Austin, TX Rusty Hutson (CEO)
U.S. House Speaker Kevin McCarthy has revealed he plans to promote U.S. natural gas exports at an upcoming G7 meeting. McCarthy will frame his agenda in the context of Europe buying more U.S. gas as a way for the continent
Diversified Energy Company PLC (LON:DEC) has announced its Interim Results for the six months ended 30 June 2023 and other recent highlights. Delivering Reliable Results • Record avg. net daily production: 852 MMcfepd (142 Mboepd); +4.4% vs 1H22: 816 MMcfepd (136 Mboepd) ◦ June 2023 exit
The U.S. dominated global natural gas production until the 1980s, at which time it ceded the lead to Russia. The Middle East has also grown its natural gas production at a rapid pace over the past 50 years
Diversified Energy Company PLC (LON:DEC) has announced that on Friday, 1 September 2023, the Company plans to publish its Interim Results for the six months ended 30 June 2023. The Company will host a conference call that day
The U.S. is already on its way to becoming the biggest LNG exporter in the world in terms of capacity. This trend is only going to accelerate in the next four years as the country leads new capacity
A new report argues that the gas pipeline industry will play a crucial role in the energy transition and reducing carbon emissions. While some investors, environmentalists, and political leaders have been critical of gas as a fossil fuel,
Liquefied natural gas (LNG) exports from the United States rebounded in July with a 9% jump from the previous month, as plants resumed operations after planned maintenance, preliminary data from Refinitiv Eikon showed on Tuesday. The United States
There’s a big winner in the record heat waves baking the United States, China and other countries — fossil fuels. The United States is setting records for natural gas consumption this week at the power plants that keep the nation’s
CME Group’s flash data for natural gas futures markets noted traders reduced their open interest positions for yet another session on Wednesday, now by around 9.6K contracts. Volume followed suit and dropped by nearly 53K contracts, partially reversing
Diversified Energy Company announced the sale of some of its undeveloped land in Oklahoma to an unnamed buyer for about $16 million. The deal involves around 22,000 acres of land in the Central Region, where Diversified has a
Diversified Energy Company PLC (LON:DEC), has announced the sale of certain undeveloped acreage within Diversified’s Central Region for net consideration of ~$16 million to an undisclosed buyer. The Assets include approximately ~22,000 net acres in Oklahoma, representing a
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