Diversified Energy Company: Another Bolt-On Acquisition To Drive Growth
Diversified Energy Company (NYSE: DEC ) recently faced significant selling pressure following the release of a secondary offering, issuing an additional 5.7mm shares at an offering price of 78.6mm. Shares were trading above $15/share going into the announcement, sparkingMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decad ...