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Diversified Energy Company ( (GB:DEC) ) has provided an update.
Diversified Energy Company PLC has announced a pre-stabilisation notice related to an underwritten secondary offering of its ordinary shares in the United States. The offering involves 5,713,353 ordinary shares at a price of US$13.75 each, with Mizuho Securities USA LLC acting as the stabilising manager. The stabilisation period is expected to run from September 17, 2025, to October 17, 2025. The stabilising manager may over-allot shares up to 10% of the total offering to support the market price, although there is no obligation to do so. This move is part of Diversified’s strategy to manage share price volatility and potentially enhance its market presence in the U.S.
The most recent analyst rating on (GB:DEC) stock is a Buy with a £26.00 price target. To see the full list of analyst forecasts on Diversified Energy Company stock, see the GB:DEC Stock Forecast page.
Spark’s Take on GB:DEC Stock
According to Spark, TipRanks’ AI Analyst, GB:DEC is a Neutral.
The overall stock score of 58 reflects a mixed outlook. The most significant factor is the company’s weak financial performance, characterized by declining revenues and high leverage. However, the positive sentiment from the recent earnings call, highlighting strong EBITDA growth and strategic initiatives, provides a counterbalance. Technical indicators suggest a neutral to slightly bullish trend, while valuation concerns persist due to a negative P/E ratio, offset by a high dividend yield.
To see Spark’s full report on GB:DEC stock, click here.
More about Diversified Energy Company
Average Trading Volume: 155,462
Technical Sentiment Signal: Buy
Current Market Cap: £875.9M
For an in-depth examination of DEC stock, go to TipRanks’ Overview page.