Diversified Energy Company Repurchases 162,102 Shares at Average Price of $13.96
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Globenewswire
- Buyback Program Execution: Diversified Energy Company executed its share buyback program announced on March 20, 2025, purchasing 162,102 shares at an average price of $13.96 on January 6, 2026, reflecting the company's confidence in its stock value.
- Market Response: The shares were acquired at a highest price of $14.27 and a lowest price of $13.83, indicating an active capital management strategy aimed at enhancing shareholder value amidst market fluctuations.
- Share Structure Adjustment: Following the buyback, Diversified will have 78,722,228 shares outstanding with no treasury stock, optimizing the capital structure and potentially increasing earnings per share.
- Regulatory Compliance: The buyback adheres to market abuse regulations, ensuring transaction transparency and compliance, which enhances investor trust in the company.
Analyst Views on DEC
Wall Street analysts forecast DEC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DEC is 20.33 USD with a low forecast of 17.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.830
Low
17.00
Averages
20.33
High
26.00
Current: 13.830
Low
17.00
Averages
20.33
High
26.00
About DEC
Diversified Energy Company is an energy company focused on natural gas and liquids production, transport, marketing, and well retirement. It has onshore upstream and midstream assets. Its assets are primarily located within the Appalachian and Central regions of the United States. The Appalachian Region spans Pennsylvania, Virginia, West Virginia, Kentucky, Tennessee and Ohio and consists of two productive unconventional shale formations, along with numerous conventional formations. It operates within the Marcellus Shale and the slightly deeper Utica Shale, as well as many conventional formations. Its Central Region includes parts of Texas, Louisiana and Oklahoma, and is home to a number of asset rich natural gas and oil formations. It operates within the Haynesville, Bossier, Cotton Valley, Barnett and Mid Continent plays. It has a Permian asset base with multiple zones in the Northern Delaware Basin. Its subsidiary, Next LVL Energy LLC, is an asset retirement service provider.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
