Diversified Energy Company(DEC)
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Diversified Energy and Carlyle Enter Strategic Partnership to Invest in Up to $2 Billion of PDP Energy Assets
Globenewswire· 2025-06-23 20:31
Core Insights - Diversified Energy Company PLC and Carlyle have formed a strategic partnership to invest up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the United States [1][3] Group 1: Partnership Details - The partnership combines Carlyle's expertise in credit and structuring with Diversified's operational capabilities to optimize long-life oil and gas asset portfolios [2][4] - Under the agreement, Diversified will operate and service the newly acquired assets, while Carlyle will seek to securitize these assets for long-term financing [3][4] Group 2: Strategic Importance - This partnership enhances Diversified's access to capital in a favorable acquisition market, allowing for strategic acquisitions in PDP asset consolidation [3][4] - The collaboration aims to generate sustainable cash flow and shareholder value by capitalizing on a robust pipeline of opportunities in the energy sector [4] Group 3: Company Profiles - Diversified Energy is focused on natural gas and liquids production, transport, marketing, and well retirement, recognized for its sustainability leadership [5] - Carlyle is a global investment firm with $453 billion in assets under management, operating across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest [6]
Gold, Silver and Bronze: JCDecaux Spain is once again rewarded for its creativity at Cannes Lions
Globenewswire· 2025-06-23 15:41
Core Insights - JCDecaux Spain has won Gold and Silver awards at Cannes Lions for the "Still Open" campaign, which supports businesses affected by flooding in Valencia, and a Bronze Lion for the "Meet Marina Prieto" campaign [1][2][3] Group 1: Awards and Campaigns - The "Still Open" campaign won Gold in the Creative B2B category and Silver in the Outdoor category, showcasing 19 local businesses impacted by flooding, reaching over 2.5 million daily Metro passengers [2] - The "Meet Marina Prieto" campaign, previously awarded in 2024, received a Bronze Lion in the Creative Strategy category, demonstrating the effectiveness of out-of-home advertising [3] Group 2: Company Achievements - JCDecaux reported a revenue of €3,935.3 million in 2024 and is recognized as the number one Out-of-Home media company worldwide, with a daily audience of 850 million people across more than 80 countries [5] - The company operates 1,091,811 advertising panels globally and is present in 3,894 cities with populations over 10,000 [5] - JCDecaux has been recognized for its sustainability efforts, achieving various accolades in extra-financial performance and joining the RE100 initiative [5]
Decade Resources Closes Oversubscribed Flow Through Private Placement for Total Gross Proceeds of $308,500
Newsfile· 2025-06-16 20:45
Core Points - Decade Resources Ltd. has successfully closed an oversubscribed flow-through private placement, raising total gross proceeds of $308,500 [1][2]. Group 1: Financial Details - A total of 8,814,286 flow-through units were issued at a price of 3.5 cents per unit, which includes one flow-through common share and one transferable non-flow-through common share purchase warrant [2]. - Each warrant is exercisable for the purchase of one additional common share at a price of $0.05 per share for a period of 24 months [2]. Group 2: Use of Proceeds - Proceeds from the sale will be used for incurring flow-through expenses that qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures as defined in the Income Tax Act (Canada) [3]. - The funds will specifically be allocated to the Company's properties in British Columbia [3]. Group 3: Additional Information - The company paid cash finder's fees totaling $16,200 and issued 462,857 warrants at $0.05 to the finders, with the warrants also being exercisable for a 24-month period [4]. - All issued securities are subject to a statutory hold period of four months, expiring on October 14, 2025 [3].
Miscellaneous
Globenewswire· 2025-06-16 06:00
Dividend Announcement - Diversified Energy Company PLC announced a dividend of 29 cents per share for Q4 2024, payable on June 30, 2025, to shareholders registered by May 30, 2025 [2][3] - Shareholders opting for GBP sterling will receive an equivalent of 21.254 pence per share, based on the exchange rate of GBP 0.73288 = US $1.00 as of June 12, 2025 [3] Company Overview - Diversified Energy Company PLC is a publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [4] - The company employs a differentiated strategy by acquiring long-life assets and investing in them to enhance environmental and operational performance before retiring them safely [4] - Recognized for sustainability leadership, the company aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [4]
Diversified Energy Company PLC (DEC) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-06-12 22:46
Group 1 - Diversified Energy Company PLC (DEC) experienced a decline of 5.53% in its stock price, closing at $14.02, which lagged behind the S&P 500's daily gain of 0.38% [1] - Over the past month, DEC's shares increased by 6.99%, outperforming the Oils-Energy sector's gain of 6.38% and the S&P 500's gain of 6.6% [1] - The Zacks Consensus Estimates predict DEC's earnings at $1.99 per share and revenue at $1.65 billion for the full year, reflecting increases of 2.05% and 89.86% respectively compared to last year [2] Group 2 - Recent analyst estimate revisions for DEC indicate a positive outlook on the company's business operations and profit generation capabilities [3] - The Zacks Rank system, which assesses estimate revisions, currently ranks DEC as 5 (Strong Sell), with a notable 42.15% decrease in the consensus EPS estimate over the last 30 days [5] - DEC's Forward P/E ratio stands at 7.46, significantly lower than the industry average Forward P/E of 19.8, indicating a valuation discount [6] Group 3 - The Alternative Energy - Other industry, which includes DEC, is currently ranked 161 in the Zacks Industry Rank, placing it in the bottom 35% of over 250 industries [6][7] - The Zacks Industry Rank suggests that industries in the top 50% outperform those in the bottom half by a factor of 2 to 1 [7]
Decade Announces Non-Brokered Private Placement
Newsfile· 2025-06-11 20:31
Core Points - Decade Resources Ltd is conducting a non-brokered private placement of flow-through shares to raise a total of $287,500 [1][2] - The offering consists of 8,214,286 flow-through units priced at $0.035 each, with each unit including one common share and one transferable common share purchase warrant [2] - The warrants are exercisable at $0.05 per share for a period of 24 months [2] Tax Benefits - The Mineral Exploration Tax Credit (METC) offers an additional income tax benefit of 15% on specified mineral exploration expenses for investors in mining flow-through shares [2] - A proposed 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals, including copper, nickel, lithium, and others, is aimed at supporting the production of batteries and clean technology [2] Use of Proceeds - Proceeds from the flow-through shares will be allocated to the company's projects in British Columbia [3]
GET REAL! With JCDecaux, in partnership with VIOOH and Displayce
Globenewswire· 2025-06-10 15:40
Core Insights - JCDecaux, in partnership with VIOOH and Displayce, is hosting the 'Get Real' event at The Avenue during the Cannes Lions International Festival of Creativity from June 16 to 19, 2025, focusing on the effectiveness of outdoor advertising [1][2][4] Company Overview - JCDecaux reported a revenue of €3,935.3 million in 2024 and is recognized as the number one out-of-home media company worldwide [7] - The company has a daily audience reach of 850 million people across more than 80 countries and operates 1,091,811 advertising panels globally [7][11] Event Details - The 'Get Real' event will feature a curated program with marketing and communication leaders, offering insights and solutions for advertisers and agencies [2][3] - The venue, The Avenue, aims to showcase the power of out-of-home (OOH) and digital out-of-home (DOOH) advertising, emphasizing the psychology of visual impact and effective messaging strategies [4][6] Networking Opportunities - The event provides a unique opportunity for networking with top-tier advertising professionals and expert marketers, with limited places available for registration [4][6]
Diversified Energy Company PLC (DEC) Rises Higher Than Market: Key Facts
ZACKS· 2025-06-04 22:56
Company Performance - Diversified Energy Company PLC (DEC) ended the latest trading session at $14.13, reflecting a +0.28% change from the previous day's close, outperforming the S&P 500's 0.01% gain [1] - The stock has increased by 8.97% over the past month, surpassing the Oils-Energy sector's gain of 4.32% and the S&P 500's gain of 5.2% [1] Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $1.99 per share and revenue of $1.65 billion, indicating changes of +2.05% and +89.86% from the prior year, respectively [2] Analyst Estimates - Recent changes in analyst estimates for Diversified Energy Company PLC should be monitored, as positive revisions are seen as a favorable indicator for the company's business outlook [3] Valuation Metrics - The company currently has a Forward P/E ratio of 7.08, which is a discount compared to the industry's average Forward P/E of 19.74 [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] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Diversified Energy Company PLC as 5 (Strong Sell), with the Zacks Consensus EPS estimate having decreased by 42.15% over the past month [5]
David Bourg, member of the Executive Board, appointed Group Chief Financial, IT and Operations Officer of JCDecaux
Globenewswire· 2025-05-27 15:40
Group 1 - David Bourg has been appointed as Group Chief Financial, IT and Operations Officer of JCDecaux, effective June 1, 2025, expanding his responsibilities to include R&D, Purchasing, Supply Chain, Production, Design, International Operations, and Project Departments [1] - Jean-François Decaux and Jean-Charles Decaux expressed confidence in David Bourg's capabilities, emphasizing the importance of agility, flexibility, and efficiency for the company's growth and service to stakeholders [2] Group 2 - JCDecaux reported a revenue of €3,935.3 million for 2024, maintaining its position as the number one out-of-home media company globally [5] - The company reaches a daily audience of 850 million people across more than 80 countries, operating 1,091,811 advertising panels in 3,894 cities with populations over 10,000 [5] - JCDecaux is recognized for its sustainability efforts, having its carbon reduction trajectory approved by the SBTi and joining the Euronext Paris CAC® SBT 1.5° index [5] - The company holds top positions in various advertising sectors, including street furniture, transport advertising, and billboards, with significant numbers of advertising panels in multiple regions [5]
Extime JCDecaux Airport and Airport International Group sign partnership to transform advertising experience at Queen Alia International Airport in Amman, Jordan
Globenewswire· 2025-05-26 15:40
Extime JCDecaux Airport and Airport International Group sign partnership to transform advertising experience at Queen Alia International Airport in Amman, Jordan Paris, May 26th, 2025 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that Extime JCDecaux Airport has been granted on May 20th by Airport International Group (AIG) the contract to operate advertising activities from August 1st, 2025 onwards at Queen Alia International Airport in Amman, Jordan, ...