Core Viewpoint - Diversified Energy Company PLC is launching a secondary offering of 5,713,353 ordinary shares managed by certain funds or entities affiliated with EIG, with an additional option for underwriters to purchase up to 857,002 shares [1][2] Group 1: Offering Details - The secondary offering consists entirely of ordinary shares sold by the Selling Stockholders, who will receive all net proceeds from the offering [2] - The Diversified Employee Benefit Trust has expressed interest in purchasing up to 750,000 ordinary shares at the public offering price, although no commitment has been made [1] - Mizuho and Raymond James are acting as joint book-running managers for the offering, with Citigroup also participating [3] Group 2: Regulatory Information - A shelf registration statement for the resale of these securities was filed with the SEC on May 16, 2025, and became effective upon filing [4] - The secondary offering will be conducted only through a prospectus supplement and an accompanying prospectus [4] Group 3: Company Overview - Diversified Energy is focused on acquiring, managing, and optimizing a portfolio of cash-generative energy assets, including natural gas and liquids production, transport, marketing, and well retirement [6][8] - The company aims to improve environmental and operational performance of its long-life assets before retiring them safely and securely [6][8]

Decade Resources Reports Mineralized Quartz Veins and Porphyry Indicators at North Mitchell Property, Golden Triangle, BCSeptember 16, 2025 8:00 AM EDT | Source: Decade Resources Ltd.Stewart, British Columbia--(Newsfile Corp. - September 16, 2025) - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the "Company") is pleased to report results from a recent reconnaissance program on the North Mitchell Property, located approximately 7 km north of Newmont's Brucejack Mine and east of Seabridge Gold' ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Diversified Energy Company PLC (DEC), and suggests that while the average brokerage recommendation (ABR) indicates a favorable outlook, it may not be a reliable basis for investment decisions [1][5]. Brokerage Recommendation Summary - Diversified Energy Company PLC has an average brokerage recommendation (ABR) of 1.67, which is between Strong Buy and Buy, based on recommendations from six brokerage firms [2]. - Out of the six recommendations, four are Strong Buy, accounting for 66.7% of the total recommendations [2]. Zacks Rank and Earnings Estimates - The Zacks Consensus Estimate for DEC's current year earnings remains unchanged at $2.3, indicating steady analyst views on the company's earnings prospects [13]. - The Zacks Rank for DEC is 3 (Hold), influenced by the size of the recent change in the consensus estimate and other earnings-related factors [14]. - The Zacks Rank is considered a more effective indicator of stock price performance compared to the ABR, as it is based on earnings estimate revisions which correlate strongly with near-term stock price movements [11]. Differences Between ABR and Zacks Rank - The ABR is based solely on brokerage recommendations and may not be up-to-date, while the Zacks Rank reflects timely earnings estimate revisions [12]. - The Zacks Rank is a quantitative model that categorizes stocks into five groups, contrasting with the ABR's decimal-based scoring system [9].

Mizuho Securities analyst Nitin Kumar sets a new price target of $27 for NYSE:DEC, indicating a potential upside of 73.3%.DEC's acquisition of Canvas Energy marks a significant step in its expansion strategy, drawing attention from major analysts.The stock has experienced positive momentum, with a recent increase of $0.71 or 4.77%, showcasing investor optimism.Diversified Energy Company PLC (NYSE:DEC) is a prominent player in the energy sector, focusing on the acquisition and management of energy assets. Re ...

Core Viewpoint - Diversified Energy Company is conducting a conference call to discuss its acquisition of Canvas Energy, highlighting the strategic importance of this transaction [2]. Group 1: Acquisition Details - The call features key executives from Diversified Energy, including the Founder and CEO, Rusty Hutson, and President and CFO, Brad Gray, indicating a high level of corporate engagement in the acquisition process [2]. - A slide deck has been made available to provide additional context and details regarding the acquisition, suggesting a structured approach to communicating the transaction [2]. Group 2: Financial and Operational Outlook - The remarks during the call reflect the financial and operational outlook as of September 9, 2025, emphasizing the importance of timing in financial assessments [3]. - The discussion includes references to non-GAAP and non-IFRS financial measures, indicating a focus on providing a comprehensive view of the company's financial health beyond standard accounting practices [3].

Core Viewpoint - Carrier Connect Data Solutions Inc. is focused on expanding its operations in the Tier II/III data center market, particularly for co-location services, and will present its progress and future plans at an upcoming conference [1][2]. Company Overview - Carrier Connect Data Solutions Inc. aims to roll up Tier II/III data centers internationally, providing co-location and data center solutions to various clients, including AI companies, service providers, enterprises, and small businesses [4]. - The company operates as a carrier-neutral organization, meaning its systems are independent and fully owned within its leased space [4]. - The primary markets for Carrier Connect are Vancouver, Canada, and Perth, Australia, where it serves clients who utilize its facilities as either their main data center or as a supplementary site [4].

Summary of Diversified Energy Company Conference Call on Acquisition of Canvas Energy Company and Industry - **Company**: Diversified Energy Company (NYSE: DEC) - **Acquisition Target**: Canvas Energy, a privately held company based in Oklahoma City - **Industry**: Energy sector, specifically focused on oil and natural gas production Core Points and Arguments 1. **Acquisition Announcement**: Diversified Energy Company announced the acquisition of Canvas Energy for approximately $550 million, which is expected to close in Q4 2025 pending regulatory approval [4][8][9] 2. **Production Increase**: The acquisition is projected to increase Diversified's production by approximately 13%, adding around 147 million cubic feet or 24,000 barrels of oil equivalent per day, with a commodity split of 57% liquids and 43% natural gas [6][15] 3. **Financial Metrics**: The acquisition is anticipated to generate approximately $155 million in EBITDA over the next 12 months, representing an 18% increase to the current base, and a 29% increase in free cash flow [7][15] 4. **Asset Quality**: Canvas Energy adds approximately 240,000 net acres and enhances Diversified's low-decline production profile, with total crude reserves valued at approximately $1.4 billion on a PV10 basis [7][10] 5. **Funding Structure**: The acquisition will be funded through a combination of asset-backed securitization funding of up to $400 million and approximately 3.4 million shares of Diversified, maintaining a leverage-neutral transaction [8][9] 6. **Strategic Growth**: The acquisition aligns with Diversified's strategy of consolidating high-quality, cash-generating energy assets and optimizing existing long-life U.S. assets [4][5] 7. **Operational Synergies**: The company expects to achieve significant operational synergies through the integration of Canvas's assets, enhancing cash generation and operational efficiency [11][14] 8. **Market Position**: The acquisition reinforces Diversified's position as a leading player in the Oklahoma market, with a combined acreage footprint of approximately 1.6 million acres [10][15] Additional Important Content 1. **Carlyle Partnership**: This acquisition marks the first transaction utilizing the Carlyle strategic funding partnership, which is expected to facilitate future acquisitions of high-quality assets [9][23] 2. **Focus on Undeveloped Acreage**: Diversified is exploring opportunities for joint ventures or divestitures on undeveloped acreage acquired from Canvas, particularly in high-potential areas like the Scoopstack region [26][34] 3. **G&A Structure**: The corporate general and administrative expenses at Canvas are estimated to be around $25 million to $30 million, which Diversified plans to consolidate effectively [46] 4. **Interest Rate and Maturity Terms**: The interest rates for the asset-backed securitization are expected to be favorable due to declining treasury rates, with terms similar to previous ABS notes issued by Diversified [54] This summary encapsulates the key points discussed during the conference call regarding the acquisition of Canvas Energy by Diversified Energy Company, highlighting the strategic, financial, and operational implications of the transaction.

Sooner Synergy E x p a n d i n g L e a d e r s h i p P o s i t i o n i n O k l a h o ma A c q u i s i t i o n o f C a n v a s E n e r g y September 8, 2025 The information contained in this document (the "Presentation") has been prepared by Diversified Energy Company PLC ("Diversified" or the "Company"). This Presentation is for general information purposes only and does not constitute an invitation or inducement to any person to engage in investment activity. While the information contained herein has been ...

Core Viewpoint - Diversified Energy Co. PLC is acquiring Canvas Energy for $550 million, which will enhance its operations in Oklahoma and significantly boost production and cash flow metrics [1][4]. Group 1: Acquisition Details - The acquisition includes producing wells and undeveloped acreage in Major, Kingfisher, and Canadian counties [1]. - Canvas Energy produces approximately 147 million cubic feet equivalent per day, with reserves valued at nearly $690 million [1][2]. - The Oklahoma properties have EBITDA margins of about 70% and will immediately contribute to cash flow [2]. Group 2: Financial Impact - The acquisition is expected to increase production by 13%, adjusted EBITDA by 18%, and free cash flow by 29% [1]. - The deal will be funded through 3.4 million newly issued shares, up to $400 million in Carlyle-backed securitization, and existing cash and borrowing capacity [4]. Group 3: Strategic Importance - The CEO described the acquisition as a "perfect fit" that enhances the company's scale and cash flow, indicating a strong alignment with future growth strategies [3]. - The overlapping infrastructure from the acquisition is anticipated to reduce costs and improve operational efficiency [2][4].

Core Viewpoint - Diversified Energy Company is expanding its leadership position in Oklahoma through the acquisition of Canvas Energy for approximately $550 million, which is expected to enhance its financial performance significantly by increasing adjusted EBITDA and free cash flow [1][2][5]. Transaction Highlights - The acquisition will add approximately 23 high-quality wells and complementary operated producing properties in Oklahoma, leading to an estimated 18% increase in adjusted EBITDA and a 29% increase in free cash flow [1][5]. - The current production levels for Diversified and Canvas are approximately 1,135 MMcfe/d and 147 MMcfe/d, respectively, with a commodity mix of 73% natural gas for Diversified and 43% for Canvas [4]. - The acquisition is expected to close in the fourth quarter of 2025 and will be funded through a combination of cash, asset-backed securitization, and the issuance of approximately 3.4 million shares to the seller [5][7]. Financial Metrics - The estimated NTM adjusted EBITDA for Canvas is approximately $155 million, contributing to a combined estimated adjusted EBITDA of around $850 million for Diversified [4][5]. - The purchase price represents a multiple of approximately 3.5x on NTM EBITDA, with Canvas having a PV-10 of total proved reserves estimated at $1.4 billion [4][5]. Strategic Rationale - The acquisition is expected to create meaningful synergies and operational efficiencies due to significant overlap in Central Oklahoma, with a combined operational footprint of approximately 1.6 million net acres [5][6]. - Diversified's established integration playbook is anticipated to unlock sustainable value through effective integration of the acquired assets [2][6]. Management Commentary - The CEO of Diversified Energy emphasized that this acquisition strengthens the company's footprint in Oklahoma and provides opportunities for margin enhancement and cash flow growth [6].