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Diversified Expands Asset Base, Density, and Commodity Mix with Acquisition of Liquids Rich Maverick Natural Resources

1. DEC's acquisition of Maverick Natural Resources aims for 95% revenue increase. 2. The deal enhances margins, free cash flow, and growth potential.

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$15.7701/27 06:02 AM EDTEvent Start
$1601/28 12:26 PM EDTLatest Updated
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FAQ

Why Very Bullish?

The acquisition significantly boosts revenue and free cash flow, similar to past successful strategic acquisitions.

How important is it?

The acquisition is poised to materially impact DEC's financials, influencing investor perception.

Why Long Term?

The revenue growth and operational scale improvements from this acquisition will build over time.

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EIGMAVNAT
Financial and Strategic Accretive Acquisition Provides Opportunity for 95% Increase in Revenue, Enhanced Margins, Expense Synergies, and 55% Increase in Free Cash Flow Unique & Differentiated Business Model Offers Reliable Production, Multi-Basin Commodity Diversification, and Strong Hedging Program that Enables Consistent Free Cash Flows Significant Operating Scale Provides Optionality for Organic Growth Through Established Low-Risk, High-Return Development Partnership Expands Proven Roll-Up Model to the Permian Basin and Forges Partnership with Energy Focused Investor EIG Modern Field Management Philosophy of Experienced Diversified Team Well Positioned to Leverage Technology, Capture Synergies and Unlock Portfolio Value BIRMINGHAM, AL / ACCESS Newswire / January 27, 2025 / Diversified Energy (LSE:DEC)(NYSE:DEC), today announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG for total consideration of approximately $1,275 million. The Acquisition combines two complementary asset packages, pairing high-quality Proved Developed Producing weighted production assets with the lowest corporate decline and capital intensity among peers.

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