Diversified Energy Grows Portfolio Through Acquisition of Canvas Energy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2025
0mins
Should l Buy DEC?
Source: NASDAQ.COM
Acquisition Overview: Diversified Energy Company (DEC) has completed its acquisition of Canvas Energy for approximately $550 million, enhancing its production capacity by 13% and adding nearly 1.6 million net acres in Central Oklahoma.
Financing Details: The acquisition was financed through a $400 million asset-backed securitization (ABS), featuring an investment-grade tranche with a blended coupon of 5.97%, allowing DEC to maintain financial discipline while expanding its asset base.
Share Issuance: As part of the transaction, DEC issued 3,720,125 new common shares to former Canvas equity holders, increasing the total shares outstanding to 80.4 million, each with one voting right.
Market Position: DEC holds a Zacks Rank #3 (Hold), while other energy stocks like Drilling Tools International, Par Pacific Holdings, and Vista Energy are highlighted as top-ranked investments in the sector.
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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 25.05 USD with a low forecast of 17.00 USD and a high forecast of 40.29 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.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 12.800
Low
17.00
Averages
25.05
High
40.29
Current: 12.800
Low
17.00
Averages
25.05
High
40.29
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.
BlackRock Increases Voting Rights in Diversified Energy
- Shareholding Change: As of January 28, 2026, BlackRock's voting rights in Diversified Energy reached 5.69%, a slight decrease from the previous 5.74%, indicating a potential adjustment in its holding strategy within the company.
- Voting Rights Structure: BlackRock holds 4.8% of voting rights directly and 0.89% through financial instruments, suggesting that its control over Diversified Energy is primarily based on direct ownership rather than derivatives.
- Notification Timeline: BlackRock officially notified Diversified Energy of its voting rights change on January 29, 2026, reflecting its commitment to compliance and transparency, which may influence market confidence in its investment strategy.
- Regulatory Compliance: This notification aligns with regulatory requirements, demonstrating BlackRock's meticulous approach to adhering to market rules, potentially enhancing its credibility among investors and positively impacting future investment decisions.
See More
DIVERSIFIED ENERGY CO - TOTAL OUTSTANDING BONDS RISE TO USD 500 MILLION
Diverse Energy Bond Increase: The total outstanding bonds for diversified energy have increased significantly.
Financial Growth: The increase in bonds amounts to approximately $500 million.
See More
Diversified Energy Plans $100 Million Bond Tap Issue
- Investor Meetings: Diversified Energy has mandated DNB Carnegie as the manager and bookrunner to arrange fixed income investor meetings starting January 23, 2026, aimed at attracting potential investors to support its financing plans.
- Bond Issuance Plan: The company plans to issue a minimum of $100 million in senior secured bonds, expected to be due in April 2029, which will provide financial support if market conditions are favorable.
- Clear Use of Proceeds: Should the bond issuance be successful, the net proceeds will be used for general corporate purposes, enhancing the company's financial flexibility and operational capacity to address future market challenges.
- Compliance Statement: The bond issuance will only be offered to qualified institutional buyers and will not be registered in the U.S., ensuring the company adheres to relevant securities laws and minimizes legal risks.
See More
JCDecaux Secures CDP A List for Third Consecutive Year, Affirming Climate Leadership
- Sustainability Recognition: JCDecaux has been included in the CDP A List for the third consecutive year, confirming its leadership in climate transparency and performance, ranking in the top 4% among 20,000 assessed companies, thereby reinforcing its leading position in the global outdoor advertising market.
- Carbon Reduction Goals: The company is committed to achieving Net Zero Carbon by 2050, with a target to reduce Scope 1 and 2 emissions by at least 73% and Scope 3 emissions by 46% by 2030, demonstrating its strong commitment to sustainability through a science-based emissions reduction pathway.
- Global Influence: With over 1,091,811 advertising panels worldwide and a daily audience of 850 million people, JCDecaux showcases its significant impact in the outdoor advertising sector, providing a robust market foundation for its sustainability strategy.
- Green Procurement Advocacy: JCDecaux actively promotes green public procurement, collaborating with cities and transport authorities to develop lower-resource, lower-carbon media solutions, aiming to support the creation of sustainable urban environments and enhance its competitive edge in the environmental sector.
See More
JCDecaux SE Reports H1 2025 Liquidity Contract Statement with Key Metrics
- Liquidity Account Resources: As of December 31, 2025, JCDecaux's liquidity account held 104,818 shares and €3,851,714.57, indicating stability in liquidity management and enhancing market confidence.
- Execution Overview: In H1 2025, the number of buy-side executions was 6,624, while sell-side executions totaled 6,530, reflecting high market activity and sustained investor interest in JCDecaux's stock.
- Trading Volume Analysis: The buy-side trading volume reached 1,744,089 shares for €26,433,707.92, while the sell-side volume was 1,778,696 shares for €27,053,913.11, demonstrating active trading under the liquidity contract, which helps improve market liquidity.
- Historical Comparison Data: Compared to the report on June 30, 2025, the liquidity account shares decreased from 139,425 to 104,818, while funds increased from €3,197,469.14 to €3,851,714.57, reflecting adjustments and optimizations in the company's liquidity management.
See More
Decade Resources Discovers High-Grade Gold-Silver Ore Over 6,870.79 Hectares
- Ore Discovery: Decade Resources Ltd has discovered high-grade gold-silver ore in the Nobody Knows area of the Copper River project, with samples showing gold content up to 39.03 g/t and silver at 169 g/t, indicating significant mineralization potential that could drive future resource development for the company.
- Geological Features: The project is situated between the Stikinia Terrane and the Coast Plutonic Complex, with sample analyses revealing that the ores are primarily composed of sulfides, quartz, and muscovite, suggesting a relationship with intrusive-related gold deposits that may attract increased investor interest.
- Soil Sampling Results: In 2025, a total of 422 soil samples were collected, with sample TS-13 showing arsenic levels of 132 ppm and copper at 409.8 ppm, highlighting the mineralization characteristics of the area and further confirming the potential location of the ore source.
- Future Plans: Decade plans to further define the source of the high-grade ore in 2026 and conduct drilling, having secured a drilling permit, demonstrating the company's long-term commitment and confidence in the project.
See More
BlackRock Increases Voting Rights in Diversified Energy
- Shareholding Change: As of January 28, 2026, BlackRock's voting rights in Diversified Energy reached 5.69%, a slight decrease from the previous 5.74%, indicating a potential adjustment in its holding strategy within the company.
- Voting Rights Structure: BlackRock holds 4.8% of voting rights directly and 0.89% through financial instruments, suggesting that its control over Diversified Energy is primarily based on direct ownership rather than derivatives.
- Notification Timeline: BlackRock officially notified Diversified Energy of its voting rights change on January 29, 2026, reflecting its commitment to compliance and transparency, which may influence market confidence in its investment strategy.
- Regulatory Compliance: This notification aligns with regulatory requirements, demonstrating BlackRock's meticulous approach to adhering to market rules, potentially enhancing its credibility among investors and positively impacting future investment decisions.
See More
DIVERSIFIED ENERGY CO - TOTAL OUTSTANDING BONDS RISE TO USD 500 MILLION
Diverse Energy Bond Increase: The total outstanding bonds for diversified energy have increased significantly.
Financial Growth: The increase in bonds amounts to approximately $500 million.
See More
Diversified Energy Plans $100 Million Bond Tap Issue
- Investor Meetings: Diversified Energy has mandated DNB Carnegie as the manager and bookrunner to arrange fixed income investor meetings starting January 23, 2026, aimed at attracting potential investors to support its financing plans.
- Bond Issuance Plan: The company plans to issue a minimum of $100 million in senior secured bonds, expected to be due in April 2029, which will provide financial support if market conditions are favorable.
- Clear Use of Proceeds: Should the bond issuance be successful, the net proceeds will be used for general corporate purposes, enhancing the company's financial flexibility and operational capacity to address future market challenges.
- Compliance Statement: The bond issuance will only be offered to qualified institutional buyers and will not be registered in the U.S., ensuring the company adheres to relevant securities laws and minimizes legal risks.
See More
JCDecaux Secures CDP A List for Third Consecutive Year, Affirming Climate Leadership
- Sustainability Recognition: JCDecaux has been included in the CDP A List for the third consecutive year, confirming its leadership in climate transparency and performance, ranking in the top 4% among 20,000 assessed companies, thereby reinforcing its leading position in the global outdoor advertising market.
- Carbon Reduction Goals: The company is committed to achieving Net Zero Carbon by 2050, with a target to reduce Scope 1 and 2 emissions by at least 73% and Scope 3 emissions by 46% by 2030, demonstrating its strong commitment to sustainability through a science-based emissions reduction pathway.
- Global Influence: With over 1,091,811 advertising panels worldwide and a daily audience of 850 million people, JCDecaux showcases its significant impact in the outdoor advertising sector, providing a robust market foundation for its sustainability strategy.
- Green Procurement Advocacy: JCDecaux actively promotes green public procurement, collaborating with cities and transport authorities to develop lower-resource, lower-carbon media solutions, aiming to support the creation of sustainable urban environments and enhance its competitive edge in the environmental sector.
See More
JCDecaux SE Reports H1 2025 Liquidity Contract Statement with Key Metrics
- Liquidity Account Resources: As of December 31, 2025, JCDecaux's liquidity account held 104,818 shares and €3,851,714.57, indicating stability in liquidity management and enhancing market confidence.
- Execution Overview: In H1 2025, the number of buy-side executions was 6,624, while sell-side executions totaled 6,530, reflecting high market activity and sustained investor interest in JCDecaux's stock.
- Trading Volume Analysis: The buy-side trading volume reached 1,744,089 shares for €26,433,707.92, while the sell-side volume was 1,778,696 shares for €27,053,913.11, demonstrating active trading under the liquidity contract, which helps improve market liquidity.
- Historical Comparison Data: Compared to the report on June 30, 2025, the liquidity account shares decreased from 139,425 to 104,818, while funds increased from €3,197,469.14 to €3,851,714.57, reflecting adjustments and optimizations in the company's liquidity management.
See More
Decade Resources Discovers High-Grade Gold-Silver Ore Over 6,870.79 Hectares
- Ore Discovery: Decade Resources Ltd has discovered high-grade gold-silver ore in the Nobody Knows area of the Copper River project, with samples showing gold content up to 39.03 g/t and silver at 169 g/t, indicating significant mineralization potential that could drive future resource development for the company.
- Geological Features: The project is situated between the Stikinia Terrane and the Coast Plutonic Complex, with sample analyses revealing that the ores are primarily composed of sulfides, quartz, and muscovite, suggesting a relationship with intrusive-related gold deposits that may attract increased investor interest.
- Soil Sampling Results: In 2025, a total of 422 soil samples were collected, with sample TS-13 showing arsenic levels of 132 ppm and copper at 409.8 ppm, highlighting the mineralization characteristics of the area and further confirming the potential location of the ore source.
- Future Plans: Decade plans to further define the source of the high-grade ore in 2026 and conduct drilling, having secured a drilling permit, demonstrating the company's long-term commitment and confidence in the project.
See More
