Latest news with #DiversifiedEnergy
Yahoo
10 hours ago
- Business
- Yahoo
Diversified Energy and Carlyle to invest $2bn in US natural gas assets
Diversified Energy Company, a natural gas and liquids production operator, has announced a collaboration with investment company Carlyle to invest up to $2bn in existing proved developed producing (PDP) natural gas and oil assets throughout the US. The partnership will combine Carlyle's extensive credit and structuring expertise, spearheaded by its asset-backed finance (ABF) team, with Diversified's market-leading operating capabilities. Carlyle ABF head Akhil Bansal said: 'Diversified is a leading operator of long-life energy assets and a pioneer in bringing PDP securitisations to institutional markets. 'We are excited to bring institutional capital to high-quality, cash-yielding energy assets that are core to US domestic energy production and energy security. This partnership underscores Carlyle's ability to originate differentiated investment opportunities through proprietary sourcing channels and seek access to stable, yield-oriented energy exposure.' Diversified is known for its unique business model of acquiring and optimising portfolios of existing long-life oil and gas assets to ensure reliable production and consistent cash flow. This partnership is expected to bolster Diversified Energy's access to capital within a promising acquisition market. Under the terms of the agreement, Diversified will serve as the operator and servicer of the newly acquired assets. Carlyle intends to pursue opportunities to securitise these assets as investments are made, seeking to unlock long-term financing. Diversified Energy CEO Rusty Hutson Jr. said: 'We are excited to partner with Carlyle, a leader in the asset-backed finance space. This arrangement significantly enhances our ability to pursue and scale strategic acquisitions in what we believe is a highly compelling environment for PDP asset consolidation. 'We continue to see a robust pipeline of opportunities and the growing need for operational scale and efficiency. With Carlyle's support, we are well-positioned to capitalise on these trends while aiming to generate sustainable cash flow and value for our shareholders.' In March, Diversified Energy completed the $1.27bn acquisition of Maverick Natural Resources, a private company based in Houston, Texas, engaged in the development and production of oil and natural gas. "Diversified Energy and Carlyle to invest $2bn in US natural gas assets" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
a day ago
- Business
- Yahoo
Diversified Energy Company PLC (DEC) Exceeds Market Returns: Some Facts to Consider
Diversified Energy Company PLC (DEC) ended the recent trading session at $15.22, demonstrating a +2.35% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 1.11%. Elsewhere, the Dow gained 1.19%, while the tech-heavy Nasdaq added 1.43%. Prior to today's trading, shares of the gas and oil production company had gained 5.76% outpaced the Oils-Energy sector's gain of 5.39% and the S&P 500's gain of 3.92%. Market participants will be closely following the financial results of Diversified Energy Company PLC in its upcoming release. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.99 per share and revenue of $1.65 billion, which would represent changes of +2.05% and +89.86%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Diversified Energy Company PLC. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Diversified Energy Company PLC currently has a Zacks Rank of #5 (Strong Sell). Looking at valuation, Diversified Energy Company PLC is presently trading at a Forward P/E ratio of 7.47. For comparison, its industry has an average Forward P/E of 19.43, which means Diversified Energy Company PLC is trading at a discount to the group. The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 159, placing it within the bottom 36% of over 250 industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Diversified Energy Company PLC (DEC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Diversified Energy and Carlyle Enter Strategic Partnership to Invest in Up to $2 Billion of PDP Energy Assets
BIRMINGHAM, Ala. and NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) ("Diversified," or "DEC"), a leading publicly traded natural gas and liquids production company, and global investment firm Carlyle (NASDAQ: CG) have today announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the United States. This exclusive partnership will combine Carlyle's deep credit and structuring expertise, led by Carlyle's asset-backed finance (ABF) team, with Diversified's market-leading operating capabilities and differentiated business model of acquiring and optimizing portfolios of existing long-life oil and gas assets to generate reliable production and consistent cash flow. The partnership enhances Diversified's access to capital in an attractive acquisition market. Under the terms of the agreement, Diversified will serve as the operator and servicer of the newly acquired assets. As investments occur, Carlyle intends to pursue opportunities to securitize these assets, seeking to unlock long-term, resilient financing for this critical segment of the nation's energy infrastructure. 'We are excited to partner with Carlyle, a leader in the asset-backed finance space. This arrangement significantly enhances our ability to pursue and scale strategic acquisitions in what we believe is a highly compelling environment for PDP asset consolidation,' said Rusty Hutson, Jr., CEO of Diversified Energy. 'We continue to see a robust pipeline of opportunities and the growing need for operational scale and efficiency. With Carlyle's support, we are well-positioned to capitalize on these trends while aiming to generate sustainable cash flow and value for our shareholders.' 'Diversified is a leading operator of long-life energy assets and a pioneer in bringing PDP securitizations to institutional markets,' said Akhil Bansal, Head of Asset-Backed Finance at Carlyle. 'We are excited to bring institutional capital to high-quality, cash-yielding energy assets that are core to US domestic energy production and energy security. This partnership underscores Carlyle's ability to originate differentiated investment opportunities through proprietary sourcing channels and seek access to stable, yield-oriented energy exposure.' Carlyle Asset-Backed Finance ('Carlyle ABF') is a group within Carlyle's Global Credit platform focused on private fixed income and asset-backed investments. The highly experienced team leverages the knowledge, sourcing, structuring, and breadth of the entire Carlyle investment platform to help deliver tailored asset-focused financing solutions to businesses, specialty finance companies, banks, asset managers, and other originators and owners of diversified pools of assets. Carlyle ABF has deployed approximately $8 billion since 2021 and has approximately $9 billion in assets under management as of March 31, 2025. About Diversified Energy Company PLCDiversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value. About CarlyleCarlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across its business and conducts its operations through three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $453 billion of assets under management as of March 31, 2025, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents. Further information is available at Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group Media Contacts Diversified Energy Company PLCDoug Kris Senior Vice President, Investor Relations & Corporate Communications(973) 856 2757dkris@ CarlyleKristen AshtonCorporate Communications(212) Forward-Looking StatementsThis announcement contains forward-looking statements, including statements regarding the expected results of the strategic partnership and future results, which speak only as of the date of this release. They reflect Diversified's current expectations and are based on assumptions and subject to risks and uncertainties that may cause actual results to differ materially, including the factors described in Diversified's filings with the U.S. Securities and Exchange Commission.
Yahoo
16-06-2025
- Business
- Yahoo
Miscellaneous
DIVERSIFIED ENERGY COMPANY PLC(the 'Company") Q4 2024 Dividend Exchange Rate BIRMINGHAM, Ala. , June 16, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) announced on April 9, 2025 a dividend in respect of the fourth quarter ended December 31, 2024 in the amount of 29 cents per share (the 'Q4 2024 Dividend'.) The Company will pay the Q4 2024 Dividend on June 30, 2025 to those shareholders on the register on May 30, 2025. The Company announces that shareholders who have elected to receive their dividends in GBP sterling will receive an equivalent dividend payment of 21.254 pence per share, based on the June 12, 2025 exchange rate of GBP 0.73288 =US $1.00. For further information, please contact: Diversified Energy Company PLC +1 973 856 2757 Doug Kris dkris@ Senior Vice President, Investor Relations & Corporate Communications FTI Consulting dec@ U.S. & UK Financial Public Relations About Diversified Energy Company PLC Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our unique differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
Miscellaneous
DIVERSIFIED ENERGY COMPANY PLC(the 'Company") Q4 2024 Dividend Exchange Rate BIRMINGHAM, Ala. , June 16, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) announced on April 9, 2025 a dividend in respect of the fourth quarter ended December 31, 2024 in the amount of 29 cents per share (the 'Q4 2024 Dividend'.) The Company will pay the Q4 2024 Dividend on June 30, 2025 to those shareholders on the register on May 30, 2025. The Company announces that shareholders who have elected to receive their dividends in GBP sterling will receive an equivalent dividend payment of 21.254 pence per share, based on the June 12, 2025 exchange rate of GBP 0.73288 =US $1.00. For further information, please contact: Diversified Energy Company PLC +1 973 856 2757 Doug Kris dkris@ Senior Vice President, Investor Relations & Corporate Communications FTI Consulting dec@ U.S. & UK Financial Public Relations About Diversified Energy Company PLC Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our unique differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
