(Alliance News) - Stock prices in London made a strong start on Monday, as announced cuts in oil production supported the price of Brent crude and the shares of oil majors Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and Wednesday and not separately reported by Alliance News: Read More
Diversified Energy Co PLC - Alabama, US-based gas and oil production company - Says it has completed its spring 2023 semi-annual borrowing base redetermination. Adds that it received 100% approval from its 14-bank lending syndicate of the facility's USD375 million borrowing base. Notes that its borrowing base is structured as a sustainability-linked loan, and is aligned with its commitment to ESG improvement. Read More
(Alliance News) - Diversified Energy Co PLC on Tuesday said it was trading in line with expectations, adding it delivered "record production" as it declared an increased interim dividend. Read More
(Alliance News) - Stocks in London are expected to open higher on Tuesday, as financial markets reopen after the long weekend and after a mixed day of trading over in Asia. Read More
Diversified Energy Co PLC - gas and oil production company based in US state of Alabama - Independent Non-Executive Director David Turner buys 160,000 shares at average 94.69 pence, worth GBP151,504, on Tuesday. Now has 538,475 shares, a 0.1% stake. Read More
(Alliance News) - Diversified Energy Co PLC on Tuesday said annual loss widened despite revenue significantly improving, as loss on derivative financial instruments eroded the benefit of increased revenue, alongside climbing costs. Read More
(Alliance News) - Stocks were set to open higher on Tuesday after the buyout of Credit Suisse by UBS at the weekend helped soothe worries of a full-blown banking crisis. Read More
(Alliance News) - Diversified Energy Co PLC on Thursday said it closed the acquisition of some assets from Tanos Energy Holdings II LLC for USD244 million after customary purchase price adjustments. Read More
Diversified Energy Co PLC - Alabama, US-based gas and oil production company - Raises total gross proceeds of USD163.0 million in a placing of 128.4 million shares at an issue price of 105 pence per share. Notes that the issue price represents a 5.2% discount from the closing mid-market price on February 8. Plans to use the proceeds to partially fund the USD250 million consideration for the acquisition of upstream assets and related infrastructure from Tanos Energy Holdings II LLC. Issues 128.4 million new shares in total, representing 15% of its ordinary share capital. Expects the admission of these shares to take place at GBP0800 on February 28. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Diversified Energy Co PLC - Alabama, US-based gas and oil production company - Says average production for 2022 amounts to 135,000 barrels of oil equivalent per day, up 14% from 119,000 a year ago. Maintains a cash margin of 50%, reflecting its "investment in Central Region assets," Diversified says. Total cash expenses amount to USD10.41 per barrel of oil equivalent, up 31% from USD7.95 per boe. Read More