Diversified Energy (LON:DEC) CEO Rusty Hutson joins Proactive London's Katie Pilbeam to go through some of the key themes from their first half of 2021.
Hutson also explains the pre-tax loss as a result of non-cash impairment caused by their hedging positions, a common occurrence for all energy companies that hedge.
With three material acquisitions giving the firm a foothold in a new region, Hutson details the significance of this new region entry (Louisiana, Texas, Oklahoma and Arkansas) and how they plan to maximise value from all these operations.
DEC is hosting a Capital Markets Day, in October, which will provide further details about the company’s short and longer-term ESG efforts.