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Diversified Energy Co PLC - gas and oil production company based in US state of Alabama - Independent Non-Executive Director David Turner buys 160,000 shares at average 94.69 pence, worth £151,504, on Tuesday. Now has 538,475 shares, a 0.1% stake.
Diversified on Tuesday said its pretax loss widened to $799.5 million in 2022 from $550.9 million in 2021, despite revenue almost doubling to $1.92 billion from $1.01 billion. This was because its loss on derivative financial instruments doubled, while operating expenses increased by more than 50%.
Current stock price: 94.75p
12-month change: down 19%
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