Diversified Energy Co (DEC)
Diversified Energy Company PLC, rebranded from Diversified Gas & Oil PLC in May 2021, functions as an autonomous entity that owns and operates active natural gas and crude oil wells. Its main operational base is located within the Appalachian Basin of the United States, but its business activities extend beyond this region. The company handles the full scope of hydrocarbon resource management, from the initial extraction (production) to distribution (marketing) and delivery (transportation) of natural gas, natural gas liquids, crude oil, and condensates. Its extensive holdings include numerous natural gas wells and their associated gathering infrastructure, situated across states such as Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana. Diversified Energy Company PLC was established in 2001 and is headquartered in Birmingham, Alabama.
Sector: Crude Petroleum & Natural Gas
Industry: Oil & Gas Exploration & Production
Diversified Energy Company PLC
NYSE:DECEnergy · Oil & Gas Energy
+2.08%$14.69
AH Close$14.69+0.00%vs close
AH Close$14.69+0.00%vs close
Mkt Cap$1.04B
Float69.04M
O/S70.77M
Inst Own72.8%
SI10.7%
Div Yield7.90%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.61B
Net Income$341.9M
Total Assets$6.17B
Free Cash Flow$280.02M
Debt & Equity
Debt 75%
Equity 25%
Total Debt$3.03B
Total Equity$984.06M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:20Reverse splitDec 5, 202320 shares → 1
Balance Sheet Details
Assets$6.17B
Liabilities$5.17B
Accounts Receivable$279.83M
Accounts Payable$81.81M
Inventory$27.8M
PP&E (Net)$446.02M
Goodwill$0
Intangible Assets$4.33M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $1.61B | $794.84M | $868.26M | $1.92B | $977.04M | $408.69M | $462.26M | $289.77M | $41.78M | $18.28M | $6.3M | $7.36M | $5.17M |
| YoY Growth | 102.7% | -8.5% | -54.8% | 96.4% | 139.1% | -11.6% | 59.5% | 593.6% | 128.6% | 190.0% | -14.3% | 42.3% | - |
| Cost of Revenue | $1.2B | $685.39M | $665.11M | $668.15M | $458.86M | $321.25M | $181.79M | $51.17M | $27.92M | $16.81M | $7.64M | $5.72M | $5.06M |
| Gross Profit | $411.59M | $109.45M | $203.16M | $1.25B | $515.35M | $87.44M | $280.46M | $238.59M | $13.86M | $1.47M | -$1.33M | $1.64M | $110K |
| Gross Margin | 25.5% | 13.8% | 23.4% | 65.2% | 52.7% | 21.4% | 60.7% | 82.3% | 33.2% | 8.1% | -21.2% | 22.3% | 2.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $167.63M | $22.38M | $17.79M | $85.22M | $24.77M | $17.51M | $20.47M | $12.15M | $2.14M | $896K | $472K | $697K | $308K |
| Other | $0 | $130.11M | -$975.69M | $1.84B | $990.99M | $47.17M | $150.47M | $114.45M | $5.83M | $1.6M | $617K | $444K | $249K |
| Total Operating Expenses | $167.63M | $152.48M | -$957.9M | $1.92B | $1.02B | $64.68M | $170.94M | $126.59M | $7.33M | $2.5M | $1.09M | $1.14M | $557K |
| Operating Income (EBIT) | $243.96M | -$43.03M | $1.16B | -$671.4M | -$467.06M | -$77.57M | $107.05M | $295M | $16.19M | $22.45M | $4.63M | $2.67M | -$562K |
| Operating Margin | 15.1% | -5.4% | 133.7% | -35.0% | -47.8% | -19.0% | 23.2% | 101.8% | 38.8% | 122.8% | 73.5% | 36.2% | -10.9% |
| Interest Expense | $209.97M | $137.64M | $134.17M | $102.18M | $51.09M | $43.86M | $36.54M | $17.66M | $5.22M | $3.29M | $3.18M | $2.73M | $2.27M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K |
| Other Income (Expense) | $57.39M | -$180.93M | -$160.71M | -$128.1M | -$83.84M | -$59.17M | $0 | -$33.2M | -$11.46M | $10.06M | -$5.04M | -$2.9M | -$2.27M |
| Income Before Tax (EBT) | $301.35M | -$223.95M | $1B | -$799.5M | -$550.9M | -$136.74M | $131.49M | $261.8M | $4.74M | $32.51M | -$413K | -$238K | -$2.83M |
| Income Tax Expense | -$40.55M | -$136.95M | $240.64M | -$178.9M | -$225.69M | -$113.27M | $32.09M | $60.68M | -$4.14M | $14.83M | $0 | $0 | $0 |
| Net Income | $341.9M | -$88.27M | $758.02M | -$625.41M | -$325.21M | -$23.47M | $99.4M | $201.12M | $8.88M | $17.68M | -$413K | -$238K | -$2.83M |
| Net Income Margin | 21.2% | -11.1% | 87.3% | -32.6% | -33.3% | -5.7% | 21.5% | 69.4% | 21.2% | 96.7% | -6.6% | -3.2% | -54.7% |
| Supplementary Data | |||||||||||||
| EPS | 4.67 | -1.87 | 16.07 | -14.82 | -8.20 | -0.69 | 2.43 | 10.41 | 1.48 | 8.42 | -0.21 | -0.01 | -0.07 |
| Diluted EPS | 4.58 | -1.86 | 15.95 | -14.82 | -8.20 | -0.69 | 2.42 | 10.37 | 1.48 | 8.42 | -0.21 | -0.01 | -0.07 |
| Weighted Average OS | 72.97M | 47.20M | 47.16M | 42.20M | 39.68M | 34.26M | 32.08M | 19.33M | 6.01M | 2.10M | 2.00M | 40.00M | 40.10M |
| EBITDA | $923.82M | $170.18M | $1.36B | -$476.5M | -$332.69M | $23.27M | $266.17M | $319.22M | $41.02M | $38.97M | $6.15M | $5.03M | $1.75M |
| EBITDA Margin | 57.3% | 21.4% | 156.5% | -24.8% | -34.1% | 5.7% | 57.6% | 110.2% | 98.2% | 213.2% | 97.6% | 68.3% | 33.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $29.7M | $5.99M | $3.75M | $7.33M | $12.56M | $1.38M | $1.66M | $1.37M | $15.17M | $224K | $90K | $34K | $312K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $29.7M | $5.99M | $3.75M | $7.33M | $12.56M | $1.38M | $1.66M | $1.37M | $15.17M | $224K | $90K | $34K | $312K |
| Accounts Receivable | $279.83M | $234.42M | $190.21M | $296.78M | $282.92M | $66.99M | $73.92M | $78.45M | $13.92M | $3.08M | $1.34M | $1.15M | $0 |
| Inventory | $27.8M | $9.59M | $7.83M | $9.23M | $9.44M | $6.32M | $5.16M | $5.3M | $0 | $0 | $431K | $876K | $0 |
| Other Current Assets | $303.46M | $45.19M | $98.85M | $35.63M | $27.09M | $18.11M | $75.3M | $23.47M | $744K | $1.31M | $60K | $898K | $1.05M |
| Total Current Assets | $650.16M | $304.26M | $304.6M | $354.22M | $337.14M | $94.47M | $160.36M | $111.6M | $29.6M | $4.62M | $1.91M | $2.08M | $1.36M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $446.02M | $3.36B | $2.95B | $3.02B | $2.94B | $2.14B | $1.83B | $1.42B | $197.31M | $80.14M | $44.46M | $32.27M | $27.95M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $4.33M | $15.18M | $19.35M | $21.1M | $14.13M | $19.21M | $15.98M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $249.33M | $5.57M | $7.5M | $61.76M | $18.29M | $22.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $287.13M | $259.29M | $144.86M | $371.16M | $176.96M | $14.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $4.53B | $63.99M | $195.99M | $4.02M | $3.63M | $2.38M | -$3.15M | $27.66M | $1.78M | $1.11M | $115K | $90K | $90K |
| Total Long-Term Assets | $5.52B | $3.7B | $3.17B | $3.48B | $3.16B | $2.2B | $1.85B | $1.45B | $199.09M | $81.26M | $44.58M | $32.36M | $28.04M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $6.17B | $4B | $3.47B | $3.83B | $3.49B | $2.29B | $2.01B | $1.56B | $228.68M | $85.88M | $46.49M | $34.44M | $29.41M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $81.81M | $209.46M | $49.49M | $90.44M | $61.61M | $19.22M | $16.7M | $9.38M | $2.13M | $3.44M | $1.61M | $2.5M | $1.51M |
| Short-Term Debt | $236.55M | $209.46M | $200.82M | $271.1M | $58.82M | $64.96M | $23.72M | $286K | $373K | $30.68M | $22.82M | $20.81M | $179K |
| Current Income Tax Payable | $0 | $33.5M | $50.23M | $41.91M | $53.63M | $18.02M | $19.38M | $13.85M | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $64.5M | $0 | $13.85M | $0 | $2.13M | $801K | $854K | $669K |
| Other Current Liabilities | $690.89M | $290.64M | $277.85M | $620.75M | $503.89M | $14.24M | $61.99M | $18.09M | $10.22M | $971K | $1.44M | $1.15M | $310K |
| Total Current Liabilities | $1.08B | $759.96M | $638.44M | $1.13B | $773.6M | $196.51M | $126.86M | $64.31M | $15.35M | $38.5M | $25.98M | $24.45M | $2.67M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $2.72B | $1.48B | $1.08B | $1.17B | $951.53M | $652.28M | $598.78M | $482.53M | $70.62M | $10.11M | $20.11M | $13.56M | $28.43M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $196.87M | $140.19M | $35.45M | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $11.9M | $8.01M | $13.65M | $12.49M | $0 | $17.58M | $0 | $97.17M | $11.01M | $15.15M | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.32B | $1.26B | $1.13B | $1.65B | $1.09B | $523.79M | $144.29M | $118.39M | $16.77M | $12.68M | $9.15M | $3.77M | $3.36M |
| Total Long-Term Liabilities | $4.1B | $2.78B | $2.24B | $2.84B | $2.06B | $1.21B | $940.95M | $743.8M | $123.68M | $38.21M | $29.32M | $17.33M | $31.79M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.17B | $3.54B | $2.88B | $3.97B | $2.83B | $1.4B | $1.07B | $808.11M | $139.02M | $76.71M | $55.3M | $41.78M | $34.46M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $419K | $0 | $0 | $0 | $0 |
| Common Stock | $769K | $13.76M | $12.9M | $11.5M | $11.57M | $9.52M | $8.8M | $7.35M | $1.94M | $669K | $630K | $611K | $611K |
| Retained Earnings | -$507.85M | -$724.96M | -$547.25M | -$1.13B | -$362.74M | $27.18M | $164.84M | $200.5M | $12.11M | $8.66M | -$8.97M | -$7.47M | -$5.19M |
| Comprehensive Income & Other | -$583K | $20.17M | $14.44M | $17.65M | $14.16M | $8.8M | $3.95M | $364K | -$419K | -$478K | -$478K | -$478K | $0 |
| Other Stockholders' Equity | $1.49B | $1.16B | $1.12B | $969.78M | $998.58M | $849.96M | $764.49M | $541.02M | $75.61M | -$165K | -$478K | -$478K | -$478K |
| Total Equity | $984.06M | $452.68M | $585.81M | -$152.69M | $647.41M | $886.66M | $938.13M | $748.86M | $89.66M | $9.16M | -$8.82M | -$7.34M | -$5.06M |
| Minority Interest | $10.93M | $11.88M | $12.6M | $14.96M | $16.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $6.16B | $3.99B | $3.46B | $3.82B | $3.48B | $2.29B | $2.01B | $1.56B | $228.68M | $85.88M | $46.49M | $34.44M | $29.41M |
| Supplementary Data | |||||||||||||
| Total Debt | $3.03B | $1.74B | $1.31B | $1.47B | $1.04B | $736.12M | $624.31M | $486.35M | $72.15M | $37.74M | $43.11M | $34.37M | $28.61M |
| Net Debt | $3B | $1.73B | $1.3B | $1.46B | $1.03B | $734.74M | $622.65M | $484.98M | $56.98M | $37.51M | $43.02M | $34.33M | $28.3M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | |||||||||||||
| Net Income | $341.9M | -$87M | $758.02M | -$620.6M | -$325.21M | -$23.47M | $99.4M | $201.12M | $8.88M | $17.68M | -$396K | -$235K | -$2.83M |
| Depreciation & Amortization | $412.51M | $256.48M | $224.55M | $222.26M | $167.64M | $117.29M | $98.14M | $41.99M | $7.01M | $4.04M | $3.39M | $2.53M | $2.31M |
| Deferred Income Tax | -$40.55M | $0 | $0 | $0 | $403.75M | $110.87M | $9.28M | $32.19M | -$1.84M | $1.52M | $0 | $0 | $0 |
| Stock-Based Compensation | $10.4M | $8.29M | $6.49M | $8.05M | $7.4M | $5.01M | $3.06M | $783K | $59K | $340K | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $2.59M | -$27.55M | $104.57M | $13.76M | -$126.96M | $2.39M | $4.53M | -$41.23M | -$11.46M | -$907K | -$158K | $288K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$16.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$41.27M | -$5.81M | -$188.1M | $124.97M | $167.64M | -$12.52M | $17.26M | $378K | $12.11M | -$1K | $498K | -$127K | $0 |
| Total Working Capital Change | -$55.64M | -$33.36M | -$83.53M | $138.74M | $40.68M | -$10.13M | $21.79M | -$39.71M | -$1.85M | $1.75M | -$1.22M | $1.03M | -$42K |
| Other Non-Cash Items | -$203.99M | $201.26M | -$495.39M | $639.32M | $25.91M | $42.15M | $47.49M | -$148.63M | -$5.33M | -$20.2M | -$5.7M | -$1.79M | -$169K |
| Net Cash from Operating | $464.62M | $345.66M | $410.13M | $387.76M | $320.18M | $241.71M | $279.16M | $87.73M | $6.92M | $5.13M | -$3.93M | $1.54M | -$730K |
| Investing Activities | |||||||||||||
| Capital Expenditures | -$184.6M | -$52.1M | -$74.25M | -$86.08M | -$50.17M | -$24.85M | -$32.31M | -$18.52M | -$90.22M | -$9.3M | -$3.73M | -$415K | -$122K |
| Acquisitions | -$329.71M | -$229.44M | -$166.58M | -$312.57M | -$498.73M | -$223.09M | -$439.27M | -$750.26M | -$89.78M | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$13.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$305.86M | $8.63M | $1.46M | $12.19M | -$76.97M | $4.55M | $4.7M | $1.92M | -$2.87M | $91K | $80K | $612K | $250K |
| Net Cash from Investing | -$820.17M | -$272.92M | -$239.37M | -$386.46M | -$625.87M | -$256.86M | -$466.89M | -$766.85M | -$93.09M | -$9.21M | -$3.65M | $197K | $128K |
| Financing Activities | |||||||||||||
| Debt Repaid | - | -$189.53M | $10.68M | -$447.87M | -$295.18M | -$94.34M | -$147.23M | -$300.33M | -$32.49M | -$8.12M | -$8.47M | -$2.19M | -$738K |
| Common Stock Issuance | $117.47M | $0 | $156.79M | $137K | $212.41M | $0 | $221.86M | $425.6M | $76.98M | $0 | $1.3M | $54K | $1.37M |
| Common Stock Repurchases | -$99.45M | -$21.13M | -$11.05M | -$34.69M | -$1.4M | -$15.63M | -$52.9M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$85M | -$83.86M | -$168.04M | -$143.46M | -$130.24M | -$98.53M | -$82.15M | -$31.31M | -$5.78M | -$956K | -$2.4M | -$3.52M | -$1.13M |
| Other Financing Activities | -$188.68M | -$155.04M | $27.6M | -$276.26M | -$60.48M | -$50.16M | -$46.01M | -$29.3M | -$2.58M | -$2.95M | -$2.9M | -$744K | -$142K |
| Net Cash from Financing | $448.4M | -$70.51M | -$174.34M | -$6.54M | $316.87M | $15.76M | $188.02M | $665.32M | $101.11M | $4.21M | $7.64M | -$2.01M | $839K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | -$938K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $92.85M | $2.24M | -$3.58M | -$5.23M | $11.18M | -$282K | $289K | -$13.8M | $14.94M | $134K | $56K | -$278K | $237K |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $464.62M | $345.66M | $410.13M | $387.76M | $320.18M | $241.71M | $279.16M | $87.73M | $6.92M | $5.13M | -$3.93M | $1.54M | -$730K |
| Capital Expenditure | -$184.6M | -$52.1M | -$74.25M | -$86.08M | -$50.17M | -$24.85M | -$32.31M | -$18.52M | -$90.22M | -$9.3M | -$3.73M | -$415K | -$122K |
| Free Cash Flow | $280.02M | $293.56M | $335.88M | $301.69M | $270.01M | $216.86M | $246.84M | $69.22M | -$83.3M | -$4.17M | -$7.66M | $1.12M | -$852K |
| Cash at Beginning | $52.26M | $3.75M | $7.33M | $12.56M | $1.38M | $1.66M | $1.37M | $15.17M | $224K | $90K | $34K | $312K | $75K |
| Cash at End | $145.11M | $5.99M | $3.75M | $7.33M | $12.56M | $1.38M | $1.66M | $1.37M | $15.17M | $224K | $90K | $34K | $312K |