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 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.

Diversified Energy reports Q2 2026 results, expands Oklahoma development program

Diversified Energy reported second-quarter 2026 production of 209 Mboepd, Adjusted EBITDA of $240 million and Adjusted Free Cash Flow of $115 million, while advancing its Oklahoma growth strategy, portfolio optimization program and shareholder returns.

US natural gas supply growth raises the stakes for LNG demand

US natural gas supply is rising, making LNG export growth and pipeline access increasingly important to market balance.

Diversified Energy extends methane detection across US operations

Diversified Energy has expanded aerial methane monitoring across nearly all of its legacy and newly acquired Central assets.

Diversified Energy sharpens its strategy for mature US energy assets

Diversified Energy is building its strategy around the disciplined operation and retirement of mature US oil and natural gas assets.

Search