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2025 Annual General Meeting of JCDecaux SE
Globenewswire· 2025-05-14 15:41
Core Points - The Combined Annual General Meeting of JCDecaux SE was held on 14 May 2025, where all resolutions were approved [2] - The Supervisory Board renewed the mandates of Gérard Degonse as Chairman and Jean-Pierre Decaux as Vice-Chairman for their terms [2][3] - Jean-François Decaux was appointed as Chairman of the Executive Board and Jean-Charles Decaux as Chief Executive Officer for one year [3][4] - The AGM approved the financial statements for the year ending 31 December 2024 and renewed the mandates of three Supervisory Board members [6] - The company reported a revenue of €3,935.3 million for 2024, maintaining its position as the number one out-of-home media company worldwide [8] - JCDecaux has a daily audience of 850 million people across more than 80 countries and operates 1,091,811 advertising panels globally [8] - The company is recognized for its sustainability efforts, having joined the Euronext Paris CAC® SBT 1.5° index and achieving high ratings in various ESG assessments [8] - JCDecaux leads in various advertising segments, including street furniture, transport advertising, and billboards across multiple regions [8][10]
Diversified Energy Company PLC (DEC) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-05-12 22:45
Company Performance - Diversified Energy Company PLC (DEC) closed at $13.26, reflecting a +1.22% change from the previous trading day's closing, which is less than the S&P 500's daily gain of 3.26% [1] - Over the past month, DEC shares gained 17.17%, outperforming the Oils-Energy sector's gain of 3.28% and the S&P 500's gain of 3.78% [1] Financial Projections - Zacks Consensus Estimates project earnings of $3.44 per share and revenue of $1.68 billion for the full year, representing increases of +76.41% and +93.55% from the previous year, respectively [2] Analyst Estimates - Recent changes to analyst estimates for DEC indicate a positive outlook, with revisions often reflecting short-term business dynamics [3] - The Zacks Rank system, which incorporates these estimate changes, suggests a viable rating system for stock performance [4] Zacks Rank and Valuation - DEC currently holds a Zacks Rank of 2 (Buy), with the consensus EPS estimate moving 3.3% higher over the last 30 days [5] - The company has a Forward P/E ratio of 3.81, significantly lower than the industry average Forward P/E of 18.94, indicating a valuation discount [6] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 150, placing it within the bottom 40% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups, showing that top-rated industries outperform the bottom half by a factor of 2 to 1 [7]
Diversified Energy Reports Strong First Quarter 2025 Results Driven by Increased Top-Line Revenue Generation and Operational Discipline
Globenewswire· 2025-05-12 06:20
Core Insights - Diversified Energy Company PLC has successfully closed the acquisition of Maverick Natural Resources, which is expected to significantly enhance revenue and free cash flow, effectively doubling these metrics [5][19] - The company has returned over $59 million to shareholders through dividends and share repurchases year-to-date, demonstrating a commitment to capital allocation [7][19] - The company is on track to achieve its full-year guidance for 2025, with expectations of significant operational synergies and improved cost structures following the Maverick acquisition [19][21] Operational and Financial Results - The company recorded an average production of 864 MMcfepd (144 Mboepd) for Q1 2025, with a March exit rate production of 1,149 MMcfepd (192 Mboepd) [9][10] - Total revenue for Q1 2025 was $295 million, with an operating cash flow of $132 million and an adjusted EBITDA of $138 million, resulting in a 47% adjusted EBITDA margin [5][11][41] - The company achieved a free cash flow of $62 million for Q1 2025, reflecting strong operational performance despite a net loss of $337 million due to non-cash adjustments [5][39] Cost Management and Efficiency - The company has implemented cost-saving initiatives and high-graded staffing to capture efficiencies, aiming to exceed the annualized synergy target of over $50 million [8][19] - Adjusted operating costs per unit increased to $2.00/Mcfe ($12.01/Boe), reflecting the integration of Maverick's operations, but are expected to improve as synergies are realized [11][13] - The company has strategically layered additional hedges at premium contract prices, enhancing its financial position against market volatility [16] Environmental and Regulatory Initiatives - Diversified Energy is actively modernizing well retirement procedures in collaboration with West Virginia regulatory agencies, focusing on environmentally sound and cost-effective methods [17][18] - The company has retired 76 wells as of March 31, 2025, and is on track to meet its goal of retiring 200 wells annually, contributing to stakeholder value and environmental responsibility [18] 2025 Guidance and Outlook - The company has reiterated its full-year 2025 guidance, projecting total production between 1,050 to 1,100 Mmcfe/d, with a capital expenditure range of $165 to $185 million [21][19] - Expected adjusted EBITDA for 2025 is projected to be between $825 million to $875 million, with anticipated adjusted free cash flow of approximately $420 million [21]
Diversified Energy Announces First Quarter Dividend
Globenewswire· 2025-05-12 06:00
Core Points - Diversified Energy Company PLC has declared an interim dividend of 29 cents per share for the first quarter of 2025, covering the period ended March 31, 2025 [1] - Key dates for the dividend include a record date of August 29, 2025, and a payment date of September 30, 2025 [1] - Shareholders have the option to receive the dividend in U.S. dollars or sterling, with a deadline for currency election set for September 5, 2025 [1][2] Company Overview - Diversified Energy Company PLC is a publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [3] - The company employs a differentiated strategy by acquiring existing long-life assets and investing in them to enhance environmental and operational performance [3] - Recognized for sustainability leadership, Diversified aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [3]
Diversified Energy Company PLC (DEC) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-05-06 22:50
In the latest market close, Diversified Energy Company PLC (DEC) reached $12.93, with a +0.23% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.77%. Elsewhere, the Dow saw a downswing of 0.95%, while the tech-heavy Nasdaq depreciated by 0.87%.The gas and oil production company's stock has climbed by 13.86% in the past month, exceeding the Oils-Energy sector's gain of 3.41% and the S&P 500's gain of 11.54%.Market participants will be closely follow ...
JCDecaux : Q1 2025 – Business review
Globenewswire· 2025-05-06 17:26
Q1 2025 – Business review Paris, May 06th, 2025 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, published today this report for the three months ended March 31st, 2025. FIRST QUARTER 2025: BUSINESS HIGHLIGHTS Key contracts wins Rest of the World In February, JCDecaux SE announced that JCDecaux ATA Saudi has been awarded a 10-year exclusive advertising concession for King Fahd International Airport in Dammam, as well as for the Al-Ahsa International Airport, and ...
JCDecaux : Q1 2025 trading update
Globenewswire· 2025-05-06 15:41
Core Insights - The company reported a record revenue of €858 million for Q1 2025, reflecting a 7.0% increase compared to Q1 2024, with organic revenue growth at 5.5% [2][8] - Digital revenue growth was particularly strong at 17.0%, with programmatic digital out-of-home (OOH) media revenue increasing by 29.9% [3][4] - The company anticipates low single-digit organic revenue growth for Q2 2025 due to global economic uncertainties and the impact of major events like the Paris Olympic Games and UEFA Euro 2024 [5][16] Revenue Breakdown - Total revenue for Q1 2025 was €858 million, up from €801.6 million in Q1 2024, with organic growth of 5.5% after excluding foreign exchange impacts [8][10] - Revenue by segment: - Street Furniture: €422.5 million, +5.4% reported growth, +5.3% organic growth [10][12] - Transport: €315 million, +9.3% reported growth, +6.1% organic growth [10][13] - Billboard: €120.5 million, +7.1% reported growth, +4.6% organic growth [10][14] Geographic Performance - All geographic regions experienced growth in Q1 2025, with notable contributions from Rest of Europe, North America, and the Rest of the World [4][9] - The Asia-Pacific region showed low single-digit growth, primarily due to flat performance in China [13] Future Outlook - For Q2 2025, the company expects organic revenue growth to be low single-digit, with Street Furniture pacing mid-single digit while Transport and Billboard are currently flat [5][16] - The company will hold its Annual General Meeting of Shareholders on May 14, 2025, and will report half-year results on July 31, 2025 [16]
Diversified Energy Company PLC (DEC) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2025-05-05 22:50
The investment community will be closely monitoring the performance of Diversified Energy Company PLC in its forthcoming earnings report. Diversified Energy Company PLC (DEC) ended the recent trading session at $12.90, demonstrating a -1.07% swing from the preceding day's closing price. This change lagged the S&P 500's 0.64% loss on the day. Meanwhile, the Dow experienced a drop of 0.24%, and the technology-dominated Nasdaq saw a decrease of 0.74%. Shares of the gas and oil production company have appreciat ...
CSE Bulletin: New Listing - Giant Mining Corp. 31DEC2025 Warrants (BFG.WT.A)
Newsfile· 2025-05-02 17:06
Group 1 - Giant Mining Corp. has received approval for the listing of its 31DEC2025 Warrants [1][2] - Each Warrant allows the holder to acquire one Share at an Exercise Price of $0.25 [1][2] - The listing date for the Warrants is set for May 6, 2025, under the symbol BFG.WT.A [3] Group 2 - A total of 25,650,000 Warrants have been issued and are outstanding [3] - The Expiry Date for the Warrants is December 31, 2025 [3] - Endeavor Trust Corporation is designated as the Transfer Agent for the Warrants [3]
Notice of Results
GlobeNewswire News Room· 2025-05-01 06:00
Group 1 - The company plans to publish its Trading Statement for Q1 2025 on May 12, 2025 [2] - A conference call will be held on the same day at 1:00 PM GMT to discuss the Trading Statement [2] - The Trading Statement will be available on the company's website prior to the conference call [3] Group 2 - Diversified Energy Company PLC focuses on natural gas and liquids production, transport, marketing, and well retirement [4] - The company employs a strategy of acquiring long-life assets and investing in them to enhance performance before retiring them safely [4] - Diversified has been recognized for its sustainability leadership and aims to deliver reliable free cash flow and generate shareholder value [4]