Diversified Energy to buy Maverick Natural Resources for $1.275 billion, boosting production and cash flow.

Diversified Energy Co. PLC is set to acquire Maverick Natural Resources for $1.275 billion, combining their assets to boost production and cash flow by 95% and 55%, respectively. The deal is expected to complete in the first half of 2025, creating a combined company with a $3.8 billion enterprise value and production of around 1,200 MMcfe/d. EIG will hold about 20% of the outstanding shares post-acquisition.

2 months ago
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