Diversified Energy Sees Decline In Annual Adj. EBITDA

Diversified Energy Company Plc (DEC), a gas and oil producer, on Tuesday announced its expectations for annual adjusted EBITDA.

Excluding items, for the 12-month period to December 31, 2024, the company expects to report EBITDA of $470 million to $475 million, lower than $543 million registered last year.

Diversified Energy anticipates an annual adjusted EBITDA margin of 50 percent, down from the prior year's 52 percent.

by RTTNews Staff Writer

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