Diversified Energy Secondary Stock Offering Prices; Shares Down Pre-Bell
MT Newswires Live
Sep 17, 2025
Diversified Energy (DEC) said late Tuesday that a secondary public offering of its 5,713,353 shares has been priced at $13.75 each.
The selling stockholders are certain funds or entities managed by an affiliate of EIG, an entity managed by FS/EIG Advisor, and certain entities managed by FS/KKR Advisor. They have granted a 30-day overallotment option to the underwriters to purchase up to 857,002 additional shares.
The company said that Diversified Employee Benefit Trust is interested in acquiring 750,000 shares from the underwriters.
The offering is expected to close Thursday.
Diversified Energy shares were down 5.4% in recent premarket activity Wednesday.
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