Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) announced plans to transfer its primary listing to the New York Stock Exchange. The company, which already has a dual listing, said it will retain a secondary listing in London. The transition is expected to take effect in the fourth quarter of 2025 following shareholder approval.
"The board has been evaluating the optimal primary listing venue in the context of its business strategy for the benefit of all its stakeholders ... At this time, the board has concluded that the US market is the natural long-term primary listing venue for the company," DEC said in a statement.
The firm cited alignment with the company’s operations, which are fully US-based, and, as of June 2025, more than 65% of shares were held by US investors.
It also noted that the move is intended to improve trading liquidity and broaden investor access, plus it will simplify employee share ownership and support potential index inclusion.