tiprankstipranks
Diversified Energy Secures Gulf Coast LNG Supply Deal
Company Announcements

Diversified Energy Secures Gulf Coast LNG Supply Deal

Diversified Energy Company (GB:DEC) has released an update.

Don't Miss our Black Friday Offers:

Diversified Energy Company has secured a natural gas supply agreement with a major Gulf Coast LNG facility, providing 40 billion cubic feet of natural gas under fixed pricing from November 2024 for three years. This deal aims to mitigate commodity price risks and improve the company’s margins, while addressing global energy security amid rising demand and geopolitical tensions. Additionally, Diversified is enhancing its hedge portfolio for 2025-2027, capitalizing on strong natural gas prices.

For further insights into GB:DEC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskDiversified Energy Plans Investor Engagement Across U.S.
TheFlyDiversified Energy price target raised to $21 from $19 at Truist
TipRanks UK Auto-Generated NewsdeskDiversified Energy Sees Strong Q3 Results and Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App