Published: October 2, 2025 at 9:15 am
Diversified Energy has announced plans to move its primary stock market listing from London to New York in another blow for the LSE.
The Alabama-headquartered firm says that move will boost liquidity and align more closely with its US-focused operations.
Founded in 2001, it has built its business by acquiring long-life natural gas and liquids assets and investing in operational improvements and environmental performance until safe retirement.
It first joined the London Stock Exchange in 2017 but now intends to shift its main listing to the New York Stock Exchange, while retaining a secondary UK listing.
Diversified said the decision reflects the fact it is now ‘substantially a US business’, with its executive management team and headquarters based in Alabama, its entire workforce located in the US, and all assets and profits derived from its US operations.