Diversified Energy Company plc

Several major acquisition deals were reported across sectors this week. Workday soared 19% on a report that private equity firm Silver Lake is in talks to buy the software company. Diversified Energy is in advanced talks to acquire Elliott Investment Management-backed oil and gas company Birch Resources for more than $1.7 billion in cash. EQT Infrastructure offered to buy Cleanaway Waste Management in a deal that values the Australian listed firm at about A$6.9 billion, or $4.9 billion. H.B. Fuller said it received an unsolicited proposal from Ancora Holdings to buy its building adhesives solutions business for $1.1 billion to $1.2 billion in cash. Aurora Cannabis soared 21% after Curaleaf Holdings said it plans to make a $4 per share takeover bid, with Curaleaf rising 6.7%. H&R Real Estate Investment Trust agreed to be acquired by GO Residential Real Estate Investment Trust and a consortium including Blackstone, Crestpoint, PSP Investments and a company controlled by members of the family of H&R CEO Tom Hofstedter in a deal valued at about C$6.7 billion, including assumed debt. Israeli AI startup Decart is in advanced talks to be sold to a major tech firm for $6 billion to $7 billion. Jazz Pharmaceuticals announced it will acquire privately held Actio Biosciences for $820 million upfront and up to $500 million in potential milestones.

Diversified Energy Company has purchased 328,781 shares of its common stock at a volume-weighted average price of $13.402 per share through Mizuho Securities USA LLC as part of its share buyback program announced on March 20, 2025. The shares were acquired on June 29, 2026, at prices ranging from $13.10 to $13.56, and will be cancelled. Following the cancellation, the company will have 71,707,365 shares in issue with none held in treasury.

Zacks Investment Research featured Bloom Energy, Crescent Energy, and Diversified Energy as three highly ranked alternative energy stocks with a Zacks Rank number one, or Strong Buy. Bloom Energy, priced at $338, saw first-quarter revenue surge 130% year over year to $751.05 million, driven by a 208% jump in product revenue, and its earnings per share of $0.44 crushed estimates by 388%. Crescent Energy, trading at $10, generated $192 million in levered free cash flow in the first quarter as production climbed 32% to 341,000 barrels of oil equivalent per day, supported by $120 million in Permian Basin acquisition synergies. Diversified Energy, at $12 a share, posted $91 million in adjusted free cash flow, up 157% from a year earlier, and offers an 8% annual dividend yield while trading at 2 times forward earnings. The three companies are benefiting from trends such as AI-driven power demand, operational efficiencies, and disciplined asset management, with analysts raising earnings estimates.

Diversified Energy Company declared a fourth-quarter 2025 dividend of 29 cents per share. The dividend will be paid on June 30, 2026 to shareholders of record as of May 29, 2026. Shareholders electing to receive payment in GBP sterling will receive 21.567 pence per share, based on an exchange rate of 0.74370 GBP to 1.00 USD as of June 9, 2026.