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In a recent filing with the Securities and Exchange Commission, Diversified Energy Company PLC (market cap: $920 million), a crude petroleum and natural gas company trading at $11.20 per share, provided an operational update. According to InvestingPro analysis, the company currently appears slightly undervalued based on its Fair Value assessment. The filing, dated today, included information that will be incorporated by reference into the company’s prospectus included in its registration statements.
The report, submitted on Form 6-K for the month of April 2025, indicates that the Birmingham, Alabama-based company will continue to file annual reports under Form 20-F. The company, which generates annual revenue of approximately $759 million, has maintained a significant dividend yield of 7.26% and has consistently paid dividends for nine consecutive years. This document is deemed to be a part of the company’s ongoing reporting as stated in the registration statements on Form S-8 (File No. 333-276139) and Form F-3ASR (File No. 333-284846), to the extent that the information has not been superseded by subsequent filings.
The operational update provided by Diversified Energy Company PLC did not detail specific operational metrics or results. Instead, the announcement is procedural, indicating the company’s compliance with SEC regulations and the incorporation of this report into its existing registration statements.
The filing was signed by Bradley G. Gray, President & Chief Financial Officer of Diversified Energy Company PLC, affirming the company’s adherence to the regulatory requirements.
Investors and stakeholders should note that the information in this filing is based on a press release statement and serves as a formal communication of the company’s current operational status as required by SEC regulations. For deeper insights into Diversified Energy’s financial health and future prospects, InvestingPro subscribers can access comprehensive analysis, including 8 additional ProTips and detailed financial metrics in the Pro Research Report.
Diversified Energy Company PLC is listed under the Standard Industrial Classification code for Crude Petroleum & Natural Gas and operates within the energy and transportation sector. The company’s business address is at 1600 Corporate Drive, Birmingham, Alabama, 35242.
This SEC filing ensures that Diversified Energy Company PLC maintains transparency with its investors and remains in compliance with international reporting standards. The company’s operational update is a routine part of its communication with the SEC and does not necessarily indicate any significant changes in its business operations. Analysts maintain a bullish outlook on the company, with expectations of profitability and sales growth in the current year, according to InvestingPro data.
In other recent news, Diversified Energy Company reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $0.515, slightly surpassing the forecast of $0.51. However, the company experienced a revenue shortfall, with $268 million against an expected $273.5 million. Diversified Energy’s total revenue for the year was $950 million, with an adjusted EBITDA of $472 million, reflecting a 50% margin. The company generated a free cash flow of $211 million and managed to reduce its net debt by $205 million. In terms of strategic growth, Diversified Energy completed acquisitions of Summit Natural Resources and Maverick Natural Resources, which are expected to bolster future performance.
Mizuho (NYSE:MFG) Securities recently initiated coverage of Diversified Energy with an Outperform rating and a price target of $23, highlighting the company’s unique investment opportunity in the U.S. Shale sector. The firm’s analysts praised the company’s cash flow generation and shareholder returns, although they noted risks related to leverage and asset retirement obligations. Additionally, Diversified Energy filed a Form 6-K with the SEC, maintaining its compliance with regulatory standards and indicating ongoing transparency in its operations. These developments reflect the company’s strategic direction and growth potential, as underscored by recent acquisitions and partnerships.
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