Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) issued a short statement in response to share price movements, telling investors it “is unaware of any operational or company-specific reason” for the decline.
“The company further confirms there has been no material change to its financial and operational condition,” DEC said.
“The company intends to issue its fourth quarter and year-end 2023 trading statement during the customary timeframe at the end of this month.”
The London-listed shares were down around 12% from Friday’s close, priced at around 992p each.