Diversified Energy Company(DEC)

Search documents
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, ...
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 ...