Diversified Energy Company(DEC)

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Final Results for the Year-Ended December 31, 2024
GlobeNewswire· 2025-03-17 08:01
Diversified Achieves Strong Final Year-End 2024 Results, Delivers on Capital Allocation Promises, and Introduces 2025 Combined Company Outlook 2024 Achievements Position Diversified on a Meaningful Path Forward as a Stronger and Larger Company Executed Approximately $2 Billion of Acquisitions in an Advantageous Pricing Environment Third year of Consistent Operating Costs Despite Broader Industry and Inflationary Pressures Maverick Integration Anticipated to Provide Meaningful Financial and Operational Bene ...
Diversified Energy Completes Maverick Acquisition
GlobeNewswire· 2025-03-14 13:11
BIRMINGHAM, Ala., March 14, 2025 (GLOBE NEWSWIRE) -- Further to the announcements on January 27, 2025 and February 20, 2025, Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) (“Diversified” or the “Company”), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the completion of its previously announced acquisition of Maverick Natural Resources (the “Acquisition”). Issue of shares In connection with the Acquisition and ...
Diversified Energy Company PLC (DEC) Rises As Market Takes a Dip: Key Facts
ZACKS· 2025-03-13 22:55
The latest trading session saw Diversified Energy Company PLC (DEC) ending at $11.71, denoting a +1.21% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.91%. Elsewhere, the Dow lost 1.5%, while the tech-heavy Nasdaq lost 1.96%.Prior to today's trading, shares of the gas and oil production company had lost 31.94% over the past month. This has lagged the Oils-Energy sector's loss of 4.23% and the S&P 500's loss of 7.38% in that time.The investment community ...
JCDecaux announces the retirement of Daniel Hofer, Member of JCDecaux SE’s Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central Asia. Jérôme d’Héré has been appointed to succeed him as CEO for this region
GlobeNewswire· 2025-03-10 16:40
JCDecaux announces the retirement of Daniel Hofer, Member of JCDecaux SE’s Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central Asia. Jérôme d’Héré has been appointed to succeed him as CEO for this region Paris, March 10th, 2025 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces the retirement from his operational role of Daniel Hofer, Member of the Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central ...
Result of General Meeting and Acquisition Update
GlobeNewswire· 2025-03-10 15:45
BIRMINGHAM, Ala., March 10, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) is pleased to announce that the resolution put to shareholders at the Company's General Meeting held earlier today was duly passed. The General Meeting was held to invite shareholders to consider and approve the resolution to allot and issue the consideration shares connection with the proposed acquisition of Maverick Natural Resources (the “Acquisition”), as described in the announcement released on Janu ...
Diversified Energy, FuelCell Energy, and TESIAC Collaborate to Form an Acquisition and Development Company to Leverage Coal Mine Methane and Natural Gas for Off-Grid Data Center Power Projects
GlobeNewswire· 2025-03-10 11:00
Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve innovative capital structuring coupled with environmental credit cash flow generation from the fuel cell platforms and coal mine methane (CMM) Clean fuel cell technology can reduce the carbon foo ...
Diversified Energy, FuelCell Energy, and TESIAC Collaborate to Form an Acquisition and Development Company to Leverage Coal Mine Methane and Natural Gas for Off-Grid Data Center Power Projects
Newsfilter· 2025-03-10 07:00
Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve innovative capital structuring coupled with environmental credit cash flow generation from the fuel cell platforms and coal mine methane (CMM) Clean fuel cell technology can reduce the carbon foo ...
Strategic Data Center Supply Partnership
GlobeNewswire News Room· 2025-03-10 07:00
Diversified Energy, FuelCell Energy, and TESIAC Collaborate to Form an Acquisition and Development Company to Leverage Coal Mine Methane and Natural Gas for Off-Grid Data Center Power Projects Projects aim to be responsive to the energy needs of data centers by offering an abundant supply of operational power within two years Projects target the provision of on-site, continuous, and scalable power generation, and securing data center uptime even in volatile market conditions The partnership would involve in ...
JCDecaux : Full-Year 2024 results
GlobeNewswire· 2025-03-06 06:02
Core Insights - JCDecaux reported a strong revenue growth of +10.2% in 2024, reaching €3,935.3 million, with an organic growth of +9.7% [2][10] - Digital revenue grew by +21.9%, accounting for 39% of total group revenue, highlighting the shift towards digital out-of-home advertising [2][13] - The company achieved double-digit increases in key financial metrics, including a +15.3% operating margin and a +23.8% increase in net income [2][4] Financial Performance - Operating margin increased to €764.5 million, representing 19.4% of revenue, up from 18.6% in 2023 [26][27] - EBIT grew by +44.8% to €408.7 million, driven by improved operating margins and a capital gain from the sale of part of the stake in APG|SGA [31][33] - Free cash flow reached €231.9 million, reflecting strong operational performance and effective cash management [39] Revenue Breakdown - Revenue from Street Furniture increased by +8.7% to €1,998.5 million, while Transport revenue grew by +12.8% to €1,390.1 million [16][19] - Billboard revenue rose by +9.7% to €546.6 million, driven by digitized markets [21] - All geographic areas showed strong organic growth, with the UK growing by +21.7% and France by +9.5% [22] Digital Advertising Growth - Digital Out-of-Home (DOOH) revenue accounted for 39% of total revenue, with programmatic advertising growing by +45.6% to €145.9 million [13][14] - The company focused on expanding its digital screen presence and enhancing data and programmatic capabilities [13] Future Outlook - For Q1 2025, JCDecaux expects organic revenue growth of around +5% [5][49] - The company targets an operating margin rate above 20% and free cash flow exceeding €300 million by 2026 [5][49] Dividend and Financial Structure - A dividend of €0.55 per share is proposed for 2024, with intentions to gradually increase this in the future [42] - The company reported a significant reduction in net debt by approximately 25%, bringing it down to €756.3 million [40][41]
Diversified Energy locks in broker backing as 'transformational' year goes on
Proactiveinvestors NA· 2025-03-03 12:19
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers a wide range of sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive has a presence in key finance and investing hubs with bureaus and studios located in London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company emphasizes the use of technology to enhance workflows and improve content production [4] - Proactive employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]