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Diversified Energy shares fall after US Congress intervention

A letter was sent to the company on the same day as its new listing in New York
December 19, 2023
  • Committee led by Democrats says company underestimating clean-up costs
  • Shares down by 15 per cent

Members of the US Congress have called for Diversified Energy (DEC) to outline how it is stopping methane leaks from its tens of thousands of mature gas wells.

Four Democratic members of the House Committee on Energy and Commerce wrote to Diversified boss Rusty Hutson Jr on Monday. 

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