(Alliance News) - Diversified Energy Co PLC on Tuesday noted the recent decline in its share price, but said it was "unaware" of the reason for the movement.
Diversified, the largest owner of US oil and gas wells in the country, noted the recent decline in its share price.
Shares in Diversified Energy were down 0.4% to 997.69 pence each in London on Tuesday, around midday. However, over the last week the stock is down 12%, reaching lows of 980.20p. In the year-to date, shares are down 17%.
It confirmed that it is "unaware of any operational or company-specific reason for this share price movement."
Diversified Energy added that it plans to issue its fourth quarter and year-end 2023 trading statement at the end of January.
By Sophie Rose, Alliance News senior reporter
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Diversified Energy (DEC)