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 broadens strategy with Anadarko drilling and Permian expansion

Diversified Energy is expanding its strategy through Anadarko drilling while continuing to pursue acquisition opportunities in the Permian Basin.

Diversified Energy adds operated drilling to growth playbook, Tennyson Securities

Diversified Energy expands its growth strategy with operated drilling as Tennyson Securities maintains its 2,000p target price.

Natural gas outlook strengthens as heat and LNG demand tighten market balance

US natural gas is entering a stronger seasonal setup as heat, slower storage growth and recovering LNG demand improve the market balance.

Diversified Energy targets further Permian expansion with Birch Resources talks

Diversified Energy is in early talks to acquire Birch Resources, a potential deal that could further expand its Permian Basin position and add another major transaction to its acquisition-led strategy.

Diversified Energy confirms preliminary talks to acquire Birch Resources

Diversified Energy has confirmed early-stage discussions regarding a possible acquisition of Birch Resources. No agreement has been reached, and there is no certainty that a transaction will proceed.

Diversified Energy expands Oklahoma position as portfolio strategy takes shape

Diversified Energy is expanding its Oklahoma development platform while selling non-core assets, reducing debt and maintaining shareholder returns.

Search