Core Viewpoint - Diversified Energy Company PLC has announced a public offering of up to 8,500,000 ordinary shares to raise funds primarily for debt repayment related to the acquisition of Maverick Natural Resources, LLC [1][3]. Group 1: Offering Details - The public offering will be underwritten by Citigroup and Mizuho, with an option for underwriters to purchase an additional 850,000 shares [2]. - The offering is subject to market conditions, and there is no assurance regarding its completion or the final terms [2]. - A shelf registration statement for the securities was filed with the SEC on February 11, 2025, and became effective upon filing [4]. Group 2: Use of Proceeds - The net proceeds from the offering are intended to repay a portion of the debt incurred for the acquisition of Maverick Natural Resources, LLC [3]. - If the acquisition does not close, the proceeds will be used for general corporate purposes and debt repayment [3]. Group 3: Company Overview - Diversified Energy Company focuses on natural gas and liquids production, transportation, marketing, and well retirement, aiming to improve environmental and operational performance [6]. - The company is recognized for its sustainability leadership and aims to generate shareholder value through responsible energy production [6].

Core Insights - JCDecaux ATA Saudi has secured a 10-year exclusive advertising concession for King Fahd International Airport, Al-Ahsa International Airport, and Al Qaisumah International Airport, enhancing its partnership with Dammam Airports Company (DACO) [1][2] Group 1: Partnership and Contract Details - The new advertising contract renews operations that have been ongoing since 2010, aiming to support DACO's growth objectives and improve passenger experience through an upgraded media plan [2] - JCDecaux will implement new interior and exterior displays, digital furniture, and innovative technologies to enhance brand impact and visual harmony [2][5] Group 2: Strategic Focus and Sustainability - JCDecaux ATA Saudi will prioritize energy-efficient technologies and the use of 100% renewable electricity as part of its 2030 ESG roadmap and Net Zero Carbon Strategy by 2050 [3][8] - The partnership aligns with DACO's vision to create a premium airport experience, leveraging JCDecaux's expertise in innovation and sustainability [5] Group 3: Airport and Market Context - King Fahd International Airport is the third largest in Saudi Arabia, serving over 10 million passengers annually and covering 776 km², with connections to 65 global destinations [4] - The airport features duty-free stores and various retail options, enhancing the overall passenger experience [4] Group 4: Company Overview and Performance - JCDecaux reported a revenue of €3,570.0 million in 2023 and €1,807.6 million in H1 2024, maintaining its position as the number one outdoor advertising company globally [6] - The company operates over 1 million advertising panels worldwide, reaching a daily audience of 850 million people across more than 80 countries [6][8]

Core Viewpoint - The average brokerage recommendation (ABR) for Diversified Energy Company PLC (DEC) is 1.50, indicating a consensus between Strong Buy and Buy, with 75% of recommendations being Strong Buy [2][4]. Brokerage Recommendation Trends - The ABR is based on recommendations from four brokerage firms, with three firms rating DEC as Strong Buy [2]. - Despite the positive ABR, reliance solely on brokerage recommendations may not be prudent, as studies show limited success in guiding investors towards stocks with the best price increase potential [4][9]. Zacks Rank vs. ABR - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, which correlate strongly with near-term stock price movements [7][10]. - The ABR is calculated from brokerage recommendations and may not be up-to-date, while Zacks Rank reflects timely earnings estimate revisions [8][11]. Earnings Estimate Revisions - The Zacks Consensus Estimate for DEC has declined by 38.6% over the past month to $0.18, indicating growing pessimism among analysts regarding the company's earnings prospects [12]. - This decline in earnings estimates has resulted in a Zacks Rank of 5 (Strong Sell) for DEC, suggesting caution despite the favorable ABR [13].

Group 1 - Diversified Energy Company PLC (DEC) closed at $16.93, reflecting a +1.8% change from the previous session, outperforming the S&P 500's daily loss of 0.01% [1] - Over the past month, DEC shares have decreased by 0.3%, while the Oils-Energy sector has lost 1.15% and the S&P 500 has gained 4.88% [1] - The upcoming earnings release is expected to show quarterly revenue of $279 million, a significant decrease of 67.87% from the same period last year [2] Group 2 - Recent analyst forecast revisions for DEC are crucial, as positive estimate revisions can indicate a favorable business outlook [3] - The Zacks Rank system, which correlates estimate changes with near-term stock prices, currently ranks DEC as 5 (Strong Sell) due to a 38.58% downward shift in the Zacks Consensus EPS estimate over the past month [4][5] - DEC is trading at a Forward P/E ratio of 21.32, which is higher than the industry average of 18.79, indicating a premium valuation [6] Group 3 - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 72, placing it in the top 29% of over 250 industries [6] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the importance of industry rankings [7]

Core Insights - Diversified Energy Company reported strong operational and financial results for the year ended December 31, 2024, achieving approximately 50% cash margins for the seventh consecutive year [1][10] - The company generated over $50 million in cash flow from growth initiatives and returned over $105 million to shareholders, including $21 million in share buybacks [1][6] Financial Performance - Full-year 2024 average production was 791 MMcfepd (132 Mboepd), with a 4Q24 average production of 843 MMcfepd (141 Mboepd) and a December 2024 exit rate of 864 MMcfepd (144 Mboepd), reflecting an 11% increase from December 2023 [6][7][8] - Adjusted EBITDA for 2024 was between $470 million and $475 million, with an Adjusted Free Cash Flow of $210 million to $215 million, resulting in an Adjusted EBITDA Margin of 50% and a TTM Adjusted Free Cash Flow Yield of 33% [6][10] - Total revenue for 2024, including settled hedges, was $3.21/Mcfe ($19.28/Boe), with an Adjusted Operating Cost per Unit of $1.70/Mcfe ($10.22/Boe), showing a minimal 1% change compared to the previous year [6][12][11] Strategic Initiatives - The company executed over $585 million in strategic acquisitions during 2024, including the announced acquisitions of Summit Natural Resources and Maverick Natural Resources, which are expected to close in early 2025 [4][17][20] - Diversified's Smarter Asset Management approach has positively impacted production optimization and operational efficiency, positioning the company for robust cash flows in 2025 [9][10] Debt Management and Shareholder Returns - The company retired over $200 million in debt principal through amortizing debt payments, demonstrating a commitment to financial prudence [6][4] - In addition to share buybacks, the company returned a total of $105 million to shareholders, reflecting a strong capital allocation strategy [1][6] Environmental and Operational Updates - Diversified exceeded its well retirement commitments by retiring 202 operated wells in 2024, contributing to its sustainability goals [15][16] - The company continues to focus on responsible asset management and environmental performance, enhancing its reputation in the industry [24]

Diversified Energy Company PLC (DEC) closed the latest trading day at $16.38, indicating a -1.15% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.95%. At the same time, the Dow lost 0.99%, and the tech-heavy Nasdaq lost 1.36%.Heading into today, shares of the gas and oil production company had lost 0.48% over the past month, lagging the Oils-Energy sector's gain of 0.41% and the S&P 500's gain of 1.86% in that time.Analysts and investors alike will be keeping a close ...

Core Insights - JCDecaux SE, the leading outdoor advertising company globally, has acquired High Traffic Media, a significant player in Panama's outdoor advertising market [2][4] - The acquisition aims to enhance JCDecaux's portfolio and strengthen its position in a fragmented advertising market, particularly in retail media and Digital Out-of-Home (DOOH) advertising [5][6] Company Overview - High Traffic Media was founded in 2007 and has a diverse portfolio of analogue and digital billboard assets in Panama City, including operations in the Panama City Metro and major shopping malls [3][4] - JCDecaux established its presence in Panama in 2013 and has since expanded its operations through strategic acquisitions, including the merger with Top Media in 2016 [4] Market Context - Central America, with a population exceeding 50 million, is a dynamic advertising market with estimated advertising investments over US$2.5 billion, contributing to the steady growth of outdoor advertising [6] - The region's unique geographical position and high mobility indices are driving the demand for innovative advertising solutions [6] Strategic Implications - The integration of High Traffic Media will provide advertisers with comprehensive outdoor advertising solutions, leveraging over 5,000 advertising panels across various premium locations [5] - JCDecaux aims to deliver diversified national coverage and innovative communication solutions to enhance advertisers' visibility and effectiveness [7] Financial Performance - JCDecaux reported a revenue of €3,570.0 million for 2023 and €1,807.6 million for the first half of 2024, underscoring its strong market position [8]

JCDecaux to double the number of roadside screens in London Paris, February 5th, 2025 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, has unveiled its vision to double the number of digital roadside 2m² screens in London. The investment will make Out-of-Home the big reach medium increasing the number of digital roadside screens to 2,000 with the installation of 1,000 new London Digital Network (LDN) screens into the city’s expanding neighbourhoods - including: Ba ...

The latest trading session saw Diversified Energy Company PLC (DEC) ending at $16.77, denoting a +1.02% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.72%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.35%.The gas and oil production company's stock has dropped by 0.48% in the past month, falling short of the Oils-Energy sector's gain of 0.1% and the S&P 500's gain of 1.02%.The investment community ...

Shares of natural gas and oil wells operator, Diversified Energy Company ( OTCQX:DEC ) have risen 35.08% (YoY) ahead of its earnings date on March 25, 2025. I will discuss why I am raising my rating to buy following strategic acquisitions by theI have more than five years experience in the financial industry. I focus mostly in the commodities, foreign exchange and cryptocurrencies. I also write on general issues like equity research, economics and geopolitics.Fellow contributor Crispus Nyaga is my colleague ...