Diversified Energy Company Plc agreed to acquire Texas-based energy producer Maverick Natural Resources to expand its scale as US President Donald Trump makes higher oil production a key priority.

The combined company will have an enterprise value of approximately $3.8 billion as of signing, a Diversified Energy release stated.

Diversified Energy to acquire Maverick Natural Resources for $1.275B, expanding into the oil and gas-rich Permian Basin.

BRIDGEPORT, W.Va. — Natural gas and oil production company Diversified Energy has announced plans to acquire Maverick Natural Resources from EIG Global Energy Partners for $1.275 billion. The move will enhance Diversified’s asset base, commodity mix and operational scale.

Diversified Energy, a Birmingham, Alabama-based oil and gas production company, has agreed to acquire Maverick Natural Resources, a portfolio company of EIG, for nearly $1.3 billion. Maverick is a Houston-based oil and gas company.

Diversified Energy focuses on buying up and operating older, existing natural-gas wells. The Birmingham, Ala.-based company had a market value of more than $800 million as of Frid

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,