Diversified Energy declares Q1 2025 dividend

In a recent filing with the Securities and Exchange Commission, Diversified Energy Company PLC (market cap: $1.07 billion) announced its first-quarter 2025 trading statement and dividend declaration. The Birmingham, Alabama-based crude petroleum and natural gas company, currently trading at $13.27 per share and rated as a Strong Buy by analysts, stated that these reports would be incorporated by reference into its prospectus included in the registration statement on Form S-8 and Form F-3ASR.

The 6-K form, which is a report of foreign private issuers pursuant to section 13a-16 or 15d-16 under the Securities Exchange Act of 1934, was filed for the month of May 2025. It includes an exhibit index with Exhibit 99.1 detailing the First Quarter 2025 Trading Statement and Exhibit 99.2 outlining the First Quarter 2025 Dividend Declaration. According to InvestingPro data, the company maintains a significant 6.2% dividend yield and has consistently paid dividends for nine consecutive years.

As per the filing, Diversified Energy Company PLC affirms that the information contained within this report is to be considered part of its official financial records from the date it was furnished, superseding any documents or reports subsequently filed or furnished.

The document was signed off by Bradley G. Gray, President & Chief Financial Officer of Diversified Energy Company PLC, on Monday, May 12, 2025. This formal declaration ensures that the company complies with the necessary regulatory requirements set forth by the SEC.

The SEC filing serves as a vital source of information for investors and stakeholders, providing them with the latest financial developments and decisions made by the company. The announcement of the dividend is a key piece of information that could impact investor decisions and market performance.

This article is based on the press release statement filed with the SEC and does not include any additional commentary or speculative information.

In other recent news, Diversified Energy Company has been in the spotlight with several significant updates. Citi analysts have initiated coverage on the company with a Buy rating and a price target of $16, highlighting the company’s low capital expenditure and strong free cash flow conversion. In addition, Mizuho (NYSE:MFG) Securities has maintained its Outperform rating on Diversified Energy, setting a price target of $23. This reflects confidence in the company’s strategic direction and potential for growth and shareholder value creation.

The company has also provided an operational update in a recent SEC filing, confirming its compliance with reporting standards and ongoing transparency with investors. Diversified Energy’s management has emphasized its commitment to shareholder returns through a stock buyback program and the potential monetization of undeveloped Permian acreage. Furthermore, the company’s coal mine methane business is expected to continue its growth trajectory, as discussed in meetings with the company’s executives.

While Mizuho acknowledges certain risks, such as the company’s reliance on mergers and acquisitions for growth, it still views the current share price levels as an attractive entry point for investors. These developments underscore Diversified Energy’s strategic initiatives and commitment to regulatory compliance, providing a factual update for investors and stakeholders.

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