Diversified Energy to Acquire Maverick Natural Resources in Record-Breaking Deal.
In a move that signifies significant expansion, Diversified Energy has agreed to purchase Maverick Natural Resources in what would be its largest acquisition to date. This deal values the private-equity-owned company at approximately $1.3 billion, including debt.
Diversified Energy will take control of Maverick's substantial portfolio of natural-gas assets located across Texas and Oklahoma. The combined entity is expected to become a major player in the Permian Basin region, bolstering its position in the rapidly evolving energy landscape.
The acquisition represents a strategic growth opportunity for Diversified Energy as it continues to capitalize on the significant demand for natural gas. With this deal, the company aims to enhance its market presence and increase its offerings in an increasingly competitive industry.
Further details regarding the terms of the agreement were not disclosed by either party. However, both companies confirmed that they are working closely together to finalize the acquisition.
In a move that signifies significant expansion, Diversified Energy has agreed to purchase Maverick Natural Resources in what would be its largest acquisition to date. This deal values the private-equity-owned company at approximately $1.3 billion, including debt.
Diversified Energy will take control of Maverick's substantial portfolio of natural-gas assets located across Texas and Oklahoma. The combined entity is expected to become a major player in the Permian Basin region, bolstering its position in the rapidly evolving energy landscape.
The acquisition represents a strategic growth opportunity for Diversified Energy as it continues to capitalize on the significant demand for natural gas. With this deal, the company aims to enhance its market presence and increase its offerings in an increasingly competitive industry.
Further details regarding the terms of the agreement were not disclosed by either party. However, both companies confirmed that they are working closely together to finalize the acquisition.