Diversified Energy is acquiring Maverick for $1.275 billion, boosting revenue by 95% and expanding its presence in Oklahoma and the Permian Basin.

Diversified Energy (OTCQX:DEC) +2.6% pre-market Monday after confirming it agreed to acquire Maverick Natural Resources for $1.275B including debt, expanding the company into the oil and gas-rich Permian Basin with multiple zones in the Delaware Basin.

Diversified Energy has signed a definitive agreement to acquire Maverick Natural Resources, owned by energy investor EIG, for approximately $1.27bn to expand its asset base, density and commodity mix.

Diversified Energy will assume approximately $700 million of Maverick debt outstanding and issue Maverick unitholders approximately 21.2 million new ordinary shares valued at appr

Diversified Energy (DEC) stock gained in pre-market trade on Monday after the company said it would buy Maverick Natural Resources from private equity firm EIG for $1.28 billion. The deal, expected to close in the first half of 2025,

Diversified Energy Company PLC (NYSE:DEC) is reportedly in advanced talks to acquire Maverick Natural Resources, a private equity-backed firm operating in the Permian Basin, in a deal valued at approximately $1.