Diversified Energy sharpens its playbook as acquisitions reshape the cash flow profile

Diversified Energy Company

Diversified Energy has moved into 2026 with a clearer sense of scale and a more defined set of levers for investors to watch, after reporting a record set of full-year numbers for 2025 and outlining another bolt-on purchase designed to deepen its position in East Texas.

For 2025, the company reported total revenue of $1,829 million alongside net income of $342 million. Adjusted EBITDA reached $956 million and adjusted free cash flow was $440 million after $55 million of transaction costs, while capital expenditure totalled $185 million. Production averaged 1,086 MMcfepd during the year, with a fourth-quarter exit rate of 1,254 MMcfepd.

Alongside the results, Diversified announced an agreement to acquire natural gas properties and related facilities in East Texas from Sheridan Production for $245 million in cash, expected to close in the second quarter of 2026 subject to customary conditions. The company expects the assets to add around 62 MMcfed of net production in 2026, with an estimated annual decline rate of about 6% and a production mix of roughly 72% natural gas.

Diversified Energy Company plc (LON:DEC) is an independent energy company engaged in the production, marketing, transportation and retirement of primarily natural gas and natural gas liquids related to its U.S. onshore upstream and midstream assets.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Diversified Energy strengthens Board with senior energy finance appointment

Diversified Energy has added senior energy finance expertise to its Board with the appointment of Kirk Oliver as an independent non-executive director.

Carlyle and Diversified Energy build scale in the Anadarko basin

Carlyle and Diversified Energy are buying Anadarko Basin oil and gas assets from Camino in a $1.2 billion deal that adds scale, production exposure and future drilling inventory.

Diversified Energy Q1 Results Impress as Carlyle Partnership Opens New Growth Chapter, Tennyson Securities

Diversified Energy reported strong Q1 2026 results while its new Carlyle partnership created fresh opportunities for long-term growth.

Diversified and Carlyle to acquire Oklahoma oil and gas assets

Diversified Energy and Carlyle will acquire Anadarko Basin assets from Camino Natural Resources for $1.175 billion, adding production, reserves, and undeveloped Oklahoma inventory.

Diversified Energy delivers 157% free cash flow growth in Q1 2026

Diversified Energy posted strong first quarter 2026 operational and financial results, including adjusted free cash flow growth of 157% year over year and average production of 1,198 MMcfepd.

Diversified Energy strengthens investor focus with sustainability push

Diversified Energy is making sustainability a clearer part of its investor message as it builds visibility and focuses on responsible operations.

Search