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 Company PLC (NYSE:DEC) is reportedly in advanced talks to acquire Maverick Natural Resources, a private equity-backed firm operating in the Permian Basin, in a deal valued at approximately $1.

Diversified Energy (OTCQX:DEC) +2.6% pre-market Monday after confirming it agreed to acquire Maverick Natural Resources for $1.275B including debt, expanding the company into the oil and gas-rich Permian Basin with multiple zones in the Delaware Basin.