(Sharecast News) – Diversified Energy said it had sold undeveloped acreage within its central region for around $16m.
The Assets include about 22,000 acres in Oklahoma.
“Consistent with prior acquisitions, the company ascribed no value to the leasehold in its purchase price allocation. Accordingly, 100% of the proceeds from this sale represent additional value to shareholders,” the company said on Monday.
Reporting by Frank Prenesti for Sharecast.com
(Sharecast News) - Outsourcing group Capita said it has signed two new contracts with the UK and Northern Ireland governments worth a combined £565m. Four months after Capita was selected as the preferred bidder, the group has now confirmed it has sealed the deal to...
(Sharecast News) - Safety equipment group Halma said it expects deliver good underlying growth in the first half, as it maintained full-year guidance. The company reported on Thursday that it has made "further progress [...] despite varied market conditions" in the...
(Sharecast News) - UK sportswear retailer JD Sports Fashion said it was still on track to deliver a 5% rise in annual profit after interim earnings rose by more than a quarter driven by strong sales despite the cost-of-living crisis. It expects to post pre-tax profits...
Written by Michael Metcalfe, Head of Macro Strategy, State Street Global Markets Writing ahead of the September BoJ gathering in 2022, we argued in Time for Japan to act (first edition!) that the authorities should begin monetary tightening both through moving the...
Commenting on this yesterday's decision by the FOMC to hold interest rates, Salman Ahmed, Global Head of Macro & Strategic Asset at Fidelity International said: “As expected, the FOMC decided to not raise rates at its September meeting and retained the hawkish...
(Sharecast News) - UK stocks retreated on Thursday as investors' appetite for risk declined in the aftermath of some hawkish comments from the Federal Reserve, as markets look ahead to an uncertain monetary policy decision from the Bank of England. London's FTSE 100...
(Sharecast News) - European stocks opened in the red on Thursday after hawkish comments from the US Federal Reserve on future rate rises dampened sentiment and investors turned their attention to the Bank of England's own policy meeting. The pan-European Stoxx 600...
(Sharecast News) - Outsourcing group Capita said it has signed two new contracts with the UK and Northern Ireland governments worth a combined £565m. Four months after Capita was selected as the preferred bidder, the group has now confirmed it has sealed the deal to...
(Sharecast News) - Britain's budget deficit in August was slightly higher than expected, according to official data published on Thursday, meaning Finance Minister Jeremy Hunt will have less scope for tax cuts ahead of the General Election. Public sector net borrowing...
(Sharecast News) - UK stocks are expected to retreat from a fresh four-month high on Thursday after comments from the Federal Reserve sunk indices on Wall Street the previous evening. Meanwhile, nerves were starting to show ahead of the Bank of England's policy...
(Sharecast News) - Safety equipment group Halma said it expects deliver good underlying growth in the first half, as it maintained full-year guidance. The company reported on Thursday that it has made "further progress [...] despite varied market conditions" in the...
(Sharecast News) - UK sportswear retailer JD Sports Fashion said it was still on track to deliver a 5% rise in annual profit after interim earnings rose by more than a quarter driven by strong sales despite the cost-of-living crisis. It expects to post pre-tax profits...
(Sharecast News) - UK fashion retailer Next on Thursday lifted full-year guidance for the third time in four months after better-than-expected summer sales and said inflationary pressures should ease next year. Pre-tax profits are now forecast to come at £875m from...
Subscribe to our mailing list to receive regular updates!
