on Diversified Energy Company PLC (LON:DEC)
Diversified Energy Acquires Maverick Natural Resources
Diversified Energy Company PLC has agreed to acquire Maverick Natural Resources for approximately $1,275 million. This acquisition is set to increase Diversified's asset base and improve its commodity mix, with a 55% rise in free cash flow expected. The move will expand Diversified's operations into the Permian Basin, enhancing its strategic presence across multiple regions.
The acquisition aligns with Diversified's long-term strategy of multi-basin commodity diversification and efficient production. It offers synergies and enhanced margins by integrating Maverick's liquids-rich assets. Financial benefits include improved revenue and strategic cash flow generation, promising consistent shareholder value creation through debt reduction and dividends.
The combined entity will operate across five regions, with a production base of 1,200 MMcfe/d (~200 Mboe/d), aiming for sustainable operations and environmental stewardship.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Diversified Energy Company PLC news