Diversified Energy Company(DEC)
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Diversified Energy Company PLC (DEC) Stock Dips While Market Gains: Key Facts
ZACKS· 2026-02-02 23:51
Diversified Energy Company PLC (DEC) ended the recent trading session at $12.99, demonstrating a -2.99% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.54%. At the same time, the Dow added 1.05%, and the tech-heavy Nasdaq gained 0.56%. Heading into today, shares of the gas and oil production company had lost 9.53% over the past month, lagging the Oils-Energy sector's gain of 10.35% and the S&P 500's gain of 0.74%.Market participants will be close ...
JCDecaux Unveils World’s First Global Programmatic DOOH media Solution, enabling Worldwide Campaign Activations
Globenewswire· 2026-02-02 16:40
JCDecaux Unveils World’s First Global Programmatic DOOH media Solution, enabling Worldwide Campaign Activations Paris, February 2nd, 2026 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces the global expansion of its pioneering programmatic Digital Out-of-Home (pDOOH) media solution. Building on the successful 2024 launch of the first global airport programmatic offer, JCDecaux now extends this powerful offer to street, transport, and retail environments, of ...
JCDecaux renews the exclusive advertising contract for stations across the Grand Duchy of Luxembourg with a 100% digital offering
Globenewswire· 2026-01-28 16:40
Core Insights - JCDecaux has secured a 10-year exclusive advertising contract with CFL, the Luxembourg National Railway Company, to operate advertising assets across the Grand Duchy of Luxembourg, emphasizing a 100% digital offering [1][8] Group 1: Contract Details - The new contract will commence on June 1, 2026, and includes a rollout of a new media concept tailored for Luxembourg's rail network [3] - The advertising system will expand from 24 to 44 stations, featuring 143 digital screens nationwide, achieving a fully digital inventory [4] Group 2: Technological Advancements - The latest-generation screens (75-inch and 55-inch) will provide superior image quality while being energy-efficient, integrated with JCDecaux's Adtech ecosystem for high-performance advertising campaigns [5] - The digital offering will utilize programmatic advertising capabilities through integration with VIOOH and Displayce platforms, allowing brands to target audiences effectively [5] Group 3: Sustainability and Innovation - JCDecaux aims to enhance passenger experience and advertiser visibility while adhering to high standards of service quality and sustainability, focusing on renewable energy and waste management [6] - The company will employ a 100% electric vehicle fleet for maintenance and utilize rainwater for operations, with adaptive lighting systems in place [6] Group 4: Market Position - The renewal of the advertising concession reinforces JCDecaux's status as a leading outdoor advertising partner in Luxembourg, aligning with the country's modernization and digitization efforts [8] - JCDecaux's extensive portfolio includes advertising concessions for bus shelters, Luxembourg Airport, and shopping malls, showcasing its diversified offerings in the region [7]
Successful placement of Bond Tap Issue
Globenewswire· 2026-01-28 07:00
Core Viewpoint - Diversified Energy Company has successfully placed a USD 200 million tap issue of its outstanding senior secured bonds, increasing the total amount to USD 500 million, with proceeds intended for general corporate purposes [1][2]. Group 1: Bond Issuance Details - The tap issue will be issued under a separate ISIN until a prospectus is approved, after which the tap issue bonds will merge with the existing 2029 Secured Bonds [2]. - DNB Carnegie acted as the Sole Bookrunner for the tap issue [2]. Group 2: Company Overview - Diversified Energy Company is a leading publicly traded energy firm focused on acquiring, operating, and optimizing cash-generating energy assets [3]. - The company employs a differentiated strategy to acquire long-life assets and invest in them to enhance environmental and operational performance [3]. - Recognized for sustainability leadership, the company aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [3].
Diversified Energy Company PLC (DEC) Laps the Stock Market: Here's Why
ZACKS· 2026-01-26 23:50
Core Viewpoint - Diversified Energy Company PLC (DEC) has experienced a stock price decline of 9.95% over the past month, underperforming compared to the Oils-Energy sector and the S&P 500 [1][2] Group 1: Stock Performance - DEC closed at $13.17, reflecting a daily increase of 2.49%, which outperformed the S&P 500's gain of 0.5% [1] - The stock has dropped by 9.95% in the past month, contrasting with the Oils-Energy sector's gain of 7.06% and the S&P 500's gain of 0.18% [1] Group 2: Earnings Estimates - The Zacks Consensus Estimates predict DEC's earnings for the fiscal year to be $1.73 per share, representing a decrease of 11.28% from the previous year [2] - Revenue is expected to reach $1.91 billion, indicating a significant increase of 140.74% compared to the prior year [2] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for DEC are crucial as they reflect the evolving business landscape, with positive changes indicating a favorable outlook [3] - The Zacks Rank system currently rates DEC as 5 (Strong Sell), with a consensus EPS projection that has decreased by 6.49% in the last 30 days [5] Group 4: Valuation Metrics - DEC is currently trading at a Forward P/E ratio of 7.43, which is significantly lower than the industry average Forward P/E of 19.14 [6] - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 160, placing it in the bottom 35% of over 250 industries [6]
Diversified Energy Announces Departure of Randall Wade from Board of Directors
Globenewswire· 2026-01-23 21:30
Core Viewpoint - Diversified Energy Company announced the resignation of Randall Wade from its Board of Directors following a decrease in EIG Management Company's ownership below 10% of the company's outstanding shares, with no disagreements cited as the reason for his departure [1]. Group 1: Board Changes - Randall Wade, Co-Founder of EIG, has resigned from the Board of Directors of Diversified Energy Company [1]. - Wade's resignation follows a reduction in EIG's ownership stake in Diversified Energy [1]. - His contributions were acknowledged as valuable during his tenure, particularly in energy investments and strategic growth [1]. Group 2: Company Strategy and Leadership - CEO Rusty Hutson, Jr. expressed gratitude for Wade's leadership during a critical period for the company, highlighting his role in shaping acquisition strategies and integrating the Maverick acquisition [2]. - The company remains committed to delivering sustainable returns and enhancing shareholder value through disciplined acquisitions and operational excellence [2]. - Diversified Energy focuses on acquiring, operating, and optimizing cash-generating energy assets while investing in technology to improve performance [2]. Group 3: Company Overview - Diversified Energy is recognized as a leading publicly traded energy company, emphasizing the acquisition and optimization of long-life energy assets [3]. - The company is noted for its sustainability leadership and solutions-oriented approach, aiming to produce energy responsibly while generating reliable free cash flow [3].
JCDecaux : Shareholders of APG|SGA approve the selective opting up clause, paving the way for the sale of APG|SGA shares to NZZ
Globenewswire· 2026-01-23 18:19
Core Insights - JCDecaux SE has signed a share purchase agreement to sell 325,519 shares of APG|SGA, representing 10.85% of its share capital to NZZ [1][2] - The transaction requires the introduction of an opting-up provision, which was approved by APG|SGA shareholders, ensuring no mandatory offer by NZZ is triggered [2] - The completion of the sale is anticipated in Q2 2026, pending antitrust approvals [2] Financial Impact - Post-transaction, JCDecaux's stake in APG|SGA will decrease to approximately 5.6% [3] - The deal is expected to generate cash proceeds of around 71 million CHF (approximately 76 million EUR) before transaction costs [3] Company Overview - JCDecaux is the leading outdoor advertising company globally, with 2024 revenue projected at €3,935.3 million and H1 2025 revenue at €1,868.3 million [7] - The company reaches a daily audience of 850 million across more than 80 countries, operating 1,091,811 advertising panels [7] - JCDecaux is recognized for its sustainability efforts, having joined the Euronext Paris CAC® SBT 1.5° index and achieving high ratings in various sustainability assessments [7]
Issue of Debt
Globenewswire· 2026-01-23 07:00
Core Viewpoint - Diversified Energy Company has initiated fixed income investor meetings to discuss a potential tap issue of at least USD 100 million in senior secured bonds, which may be issued depending on market conditions [1][2]. Group 1: Bond Tap Issue - The Company plans to conduct fixed income investor meetings starting January 23, 2026, with DNB Carnegie acting as Manager and Bookrunner [1]. - The proposed bond tap issue will involve a minimum of USD 100 million of outstanding senior secured bonds due April 2029 [1]. - The net proceeds from the bond tap issue, if issued, will be utilized for general corporate purposes [2]. Group 2: Regulatory and Legal Considerations - The bond tap issue will be offered only to qualified institutional buyers in the United States under Rule 144A of the U.S. Securities Act and will not be registered under the U.S. Securities Act or any state securities laws [3]. - This announcement is not intended for distribution in jurisdictions where it would be unlawful, including Australia, Canada, Japan, Hong Kong, and South Africa [3]. Group 3: Company Overview - Diversified Energy Company is a publicly traded energy firm focused on acquiring, operating, and optimizing cash-generating energy assets [5]. - The Company employs a differentiated strategy to enhance the environmental and operational performance of long-life assets before retiring them safely [5]. - Recognized for sustainability leadership, Diversified aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [5].
JCDecaux included in CDP’s A List for the third year running, confirming its position as a sustainable media company
Globenewswire· 2026-01-19 16:40
Core Viewpoint - JCDecaux has been recognized for the third consecutive year in CDP's A List, affirming its leadership in environmental transparency and performance in combating climate change [1][2][9] Group Performance and Recognition - Among 20,000 companies assessed by CDP, JCDecaux ranks in the top 4% included in the A List, marking the fifth time the company has achieved this recognition since 2019 [2] - The assessment by CDP is based on a rigorous methodology that evaluates the quality and completeness of disclosed data, governance, and the management of climate-related risks and opportunities [3] Carbon Reduction Commitments - JCDecaux aims to achieve Net Zero Carbon by 2050, with a key milestone of reducing Scope 1 and 2 emissions by at least 73% and Scope 3 emissions by 46% by 2030 compared to 2019 [4][8] - In 2024, JCDecaux reported a 65% reduction in Scope 1 and 2 emissions and a 21% reduction in Scope 3 emissions compared to 2019 [8] Engagement and Collaboration - The company is actively engaging with stakeholders to co-develop responsible media solutions and lower-carbon street furniture, supporting sustainable urban environments [5] - JCDecaux's business model aligns with the European Union Taxonomy, with nearly 50% of its revenue reflecting sustainable practices [6] Key Figures - JCDecaux reported a revenue of €3,935.3 million in 2024 and €1,868.3 million in H1 2025, maintaining its position as the number one outdoor advertising company worldwide [13] - The company operates 1,091,811 advertising panels globally and has a daily audience of 850 million people across more than 80 countries [13]
Diversified Energy Company (NYSE: DEC) Under Investigation by Highful Law PLLC
Businesswire· 2026-01-12 17:20
Core Viewpoint - Diversified Energy Company is under investigation for potential breaches of fiduciary duty related to the understatement of its asset retirement obligations for well decommissioning, which may significantly underestimate actual liabilities [1][3]. Group 1: Company Overview - Diversified Energy Company is the largest owner of natural gas wells in the United States, with over 73,000 wells located in the Appalachian Basin and Central Region [1]. - The company currently discloses approximately $642 million in Asset Retirement Obligations, averaging about $8,800 per well [1]. Group 2: Financial Implications - Industry benchmarks for decommissioning costs range from $50,000 to $150,000 per well, indicating that actual liabilities could be between $3 billion to $5 billion higher than what is currently disclosed [1]. - In November 2024, Diversified settled a class action lawsuit by agreeing to plug 2,600 wells by 2034, which represents a 4.5-fold increase over previous commitments [2]. Group 3: Regulatory and Legal Context - Congressional Democrats have raised concerns about whether Diversified is severely underestimating its plugging costs, with independent estimates suggesting over $2 billion in deferred environmental liabilities [2]. - Highful Law PLLC is investigating whether the directors of Diversified breached their fiduciary duties by allowing materially understated decommissioning liability disclosures and lacking adequate oversight [3].