Diversified Energy jumps on hiking annual profit forecast

London-listed shares of oil and gas co Diversified Energy DEC.N up 8.7% at 1,047p

Raises FY 2025 adj EBITDA forecast range $900 mln to $925 mln vs prior guidance of $825 mln to $875 mln

Updates FY 2025 adj free cash flow forecast to about $440 mln vs $420 mln previously

Posts Q3 revenue $500 mln vs $244 mln year ago

Last month, co said it would move its primary listing to NYSE, while retaining secondary UK listing

FY 2025 total production forecast unchanged

Including session's losses, stock down ~22.15% YTD