Diversified Energy Company’s Maverick acquisition on track

DEC

Diversified Energy Company PLC (LON:DEC; NYSE: DEC), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, has announced the recently announced acquisition of Maverick Natural Resources remains on track with previously announced deal specifics, including share consideration, which is not, and will not be, impacted or adjusted as a result of any movement in the Company’s share price.

The General Meeting will take place at 1:00pm (London Time) on Monday, March 10th, 2025, and the acquisition is now anticipated to close prior to the end of the first quarter of 2025, subject to customary closing conditions and Diversified shareholder approval.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Diversified Energy strengthens environmental credentials with methane reporting recognition

Diversified Energy Company has received Virginia’s 2025 Environmental Stewardship Award and retained OGMP 2.0 Gold Standard reporting status for methane emissions, highlighting its continued focus on emissions measurement, leak detection and operational management.

Diversified Energy expands Permian production and earnings potential with $1.8bn Birch acquisition

Diversified Energy's $1.8bn Birch Resources acquisition is expected to increase Permian production to 77,000 barrels of oil equivalent per day and adjusted EBITDA from the assets to $612m, with greater scale creating opportunities for operating efficiencies.

US natural gas prices strengthen as demand outlook improves

US natural gas prices are benefiting from stronger demand forecasts, growing LNG requirements and a gradual tightening in the supply-demand balance.

Diversified Energy Agrees $1.8bn Deal for Birch Permian Assets

Diversified Energy is acquiring Birch Permian for $1.8 billion, adding around 68,000 boepd of production and 46,000 net mineral acres while establishing a much larger operating position in the Permian Basin.

Diversified Energy expands its mature-well strategy across the Permian

Diversified Energy is scaling its mature-well strategy in the Permian with a $1.8 billion Birch Resources acquisition that significantly expands its production and EBITDA base.

Gervais Williams Premier Miton analyses Diversified Energy’s investment case and upside

Gervais Williams explains why Diversified Energy’s Birch acquisition could improve productivity and cash returns while maintaining an attractive income yield and exposure to a potential recovery in US gas prices.

Search