Diversified Energy Company Third Quarter 2023 production Update

Diversified Energy Company

Diversified Energy Company PLC (LSE:DEC) has provided an update to the market on its most recent Third Quarter 2023 production results, which are anticipated to be in the range of 805 MMcfepd (134 Mboepd)- 830 MMcfepd (138 Mboepd), in line with expectations, and reflects the sale of our non-operated assets completed during the second quarter of 2023.

Additionally, given the current equity market dynamics, the Company is no longer pursuing its previously communicated desire to list shares in the US.  The Company will continue to execute share repurchases under its previously announced share repurchase program. 

Diversified Energy Company PLC is an independent energy company engaged in the production, marketing, transportation, and retirement of primarily natural gas related to its US onshore upstream and midstream assets.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:
Explore top UK Green Shares for 2025 investing, focusing on sustainability and growth, including Ferro-Alloy Resources and Firering Strategic Minerals.
Explore top UK energy shares for 2025, featuring promising growth strategies and investment cases. Discover insights on leading companies like SAE Renewables and Drax Group.
Diversified Energy's leadership team will engage in multiple high-profile investor meetings and conferences across the US this November and December.
Discover Diversified Energy Company's impressive Q3 2024 performance with strong cash flow, strategic growth initiatives, and a focus on shareholder value.
Diversified Energy Company PLC declares a 29-cent interim dividend per share for Q3 2024, with a payment date set for March 31, 2025.

Search

Search