Diversified Energy Company to acquire gas assets in West Virginia and Alabama
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Diversified Energy Company PLC (NYSE:DEC) is acquiring natural gas assets in West Virginia and Alabama for $45 million from Summit Natural Resources. The acquisition includes gas fields and related facilities, with potential for future production extension.
January 06, 2025 | 8:30 am
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Diversified Energy Company is acquiring natural gas assets in West Virginia and Alabama for $45 million, which includes gas fields and related facilities. This acquisition could enhance DEC's production capabilities.
The acquisition of natural gas assets in West Virginia and Alabama for $45 million is a strategic move for DEC, potentially enhancing its production capabilities and future growth. This is likely to positively impact DEC's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100