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An update from Diversified Energy Company ( (GB:DEC) ) is now available.
Diversified Energy Company has announced its acquisition of Canvas Energy for approximately $550 million, expanding its presence in Oklahoma. This strategic move is expected to increase Diversified’s adjusted EBITDA and free cash flow by 18% and 29%, respectively, while adding proved reserves and enhancing operational synergies. The acquisition, funded through a combination of asset-backed securitization and share issuance, is anticipated to close in the fourth quarter of 2025, and is seen as a significant step in strengthening Diversified’s market position and creating long-term shareholder value.
The most recent analyst rating on (GB:DEC) stock is a Buy with a £23.00 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
Diversified Energy Company PLC is a publicly traded energy firm specializing in acquiring, managing, and optimizing a portfolio of cash-generating energy assets, including natural gas and liquids production, transport, marketing, and well retirement. The company focuses on acquiring long-life assets and enhancing their environmental and operational performance until their safe retirement.
Average Trading Volume: 171,066
Technical Sentiment Signal: Buy
Current Market Cap: £862M
See more insights into DEC stock on TipRanks’ Stock Analysis page.