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:DEC Energy · Oil & Gas Energy
Mkt Cap $898.13M
Div Yield 9.13%
Pre Pre-market +0.69%$12.79 Close $12.70 +0.39%AH $12.75 +0.30%Now $12.79 PM VOL 5K $ Vol ≈ $66K RVOL 1.06x
Close $12.70 -0.78% AH $12.75 +0.30% since
Mkt Cap $898.13M
PM VOL 5K sh
$ Vol ≈$66K
RVOL 1.06×
Div Yield 9.13%
Press Release ⚠ 2
Decade Resources Ltd. Announces Closing of $2.17 Million Flow-Through Private Placement
Decade Resources closed a non-brokered flow-through private placement, issuing 14,466,668 FT Units at $0.15 for gross proceeds of $2.17 million.
Each unit includes one flow-through share plus a two-year warrant exercisable at $0.25; the company paid $164,000 in finder's fees and issued 1,093,332 finder's warrants.
Proceeds fund Canadian exploration expenses on the company's British Columbia mineral properties, with expenditures to be renounced by December 31, 2026.
• 2d ago AI analysis › Press Release ● Major ⚠ 4
REG-Diversified Energy Reports Third Quarter 2026 Results
Diversified Energy reported Q3 2026 commodity revenue of $470M with average production of 1,189 MMcfepd, but swung to a net loss of $202M due to a $348M non-cash loss on unsettled derivatives.
Underlying cash metrics remained solid: Adjusted EBITDA was $256M (down from $285M a year ago), Adjusted FCF was $153M, and the FY2026 guidance was reiterated, with Birch excluded.
The Birch Resources acquisition remains on track to close in Q4, which management says will make Diversified a top-15 U.S. independent producer with an estimated 55% adjusted EBITDA increase and over 100% adjusted FCF increase pro forma.
Shareholder returns totaled ~$157M YTD ($94M buybacks plus ~$63M dividends, ~17% yield), while leverage ticked up to 2.66x from 2.42x a year earlier; the bank group approved upsizing the credit facility from $900M to $1B.
• 4d ago AI analysis › Press Release ● Major ⚠ 4
Diversified Energy Reports Third Quarter 2026 Results
Diversified Energy reported Q3 2026 total commodity revenue of $470M with a GAAP net loss of $(202)M, driven by a $(348)M non-cash loss on unsettled derivatives.
Cash generation remained solid: Adjusted EBITDA of $256M and Adjusted Free Cash Flow of $153M, with average production of 1,189 MMcfepd (198 Mboepd), though Adjusted EBITDA margin compressed to 56% from 66% a year ago.
The Birch Resources acquisition remains on track to close in Q4 2026, which pro forma would make Diversified a top-15 U.S. independent producer with an estimated 55% adjusted EBITDA uplift and over 100% adjusted free cash flow uplift.
The company reiterated FY26 guidance (Adjusted EBITDA $960M-$1,010M, Adjusted FCF ~$440M, excluding Birch), retired $313M of ABS debt year-to-date, and declared a $0.29/share quarterly dividend, with YTD shareholder returns of ~$157M.
• 4d ago AI analysis › Press Release
Diversified Energy Announces Third Quarter Dividend
Diversified Energy's board declared a quarterly dividend of 29 cents per share for the three-month period ended September 30, 2026.
The record date is February 26, 2027, with payment on March 31, 2027, payable in U.S. dollars with a sterling election available until March 1, 2027.
The declaration maintains the company's regular dividend cadence with no change in amount announced.
• 4d ago AI analysis › Press Release
REG-Diversified Energy Announces Third Quarter Dividend
Diversified Energy declared a quarterly dividend of 29 cents per share for the three months ended September 30, 2026.
The record date is February 26, 2027, with payment on March 31, 2027; shareholders may elect sterling payment via Computershare by March 1, 2027.
This is a routine, unchanged quarterly payout with no new capital-allocation or operational information.
• 4d ago AI analysis › Press Release ⚠ 2
Decade Resources Ltd. Announces $2.17 Million Flow-Through Private Placement
Decade Resources intends to raise up to $2.17M via a non-brokered flow-through private placement of up to 14,466,666 units at $0.15.
Each unit includes a flow-through share plus a two-year warrant exercisable at $0.25, and proceeds must fund eligible Canadian exploration expenses on its British Columbia properties.
Finders may receive 8% cash and 8% warrants; the raise still requires TSX Venture Exchange acceptance.
• 7d ago AI analysis › Press Release ⚠ 3
Decade Samples Bonanza-Grade Gold up to 79.12 g/t and Silver up to 927 g/t in Boulders at Nobody Knows; VLF and Soil Anomaly Outlines Source Target
Decade Resources reported bonanza-grade gold and silver assays from selective boulder samples at its 100%-owned Nobody Knows claim east of Terrace, B.C., with grades up to 79.12 g/t Au and 927 g/t Ag, plus 27.15% Zn, 7.93% Pb and 2.32% Cu.
Fifteen of 21 samples graded over 10 g/t gold. A 2026 VLF survey combined with a 165 m soil anomaly averaging 79 ppb Au (peak 1,248 ppb) has outlined a bedrock source target on strike with the boulders, next to existing logging roads.
The boulders are confirmed locally derived and carry an Au-Bi-As-Co pathfinder signature consistent with reduced intrusion-related gold systems. The company plans a 2027 drill program and has more than 300 rock-sample assays pending, while drilling continues at Bonaparte (DDH-BN-7 underway).
Management cautions the samples are selective grab samples of float that do not represent bedrock metal content, and no mineral resource has been defined.
• 18d ago AI analysis › Press Release
REG-Diversified Energy Announces Timing of Third Quarter 2026 Results
Diversified Energy will publish Q3 2026 results on November 4, 2026, after the U.S. market close.
A conference call to discuss the results is scheduled for 8:30 AM EST on November 5, with a replay available on the company's IR site.
This is a routine scheduling announcement with no results or guidance included.
• 19d ago AI analysis › Press Release
Diversified Energy Announces Timing of Third Quarter 2026 Results
Diversified Energy will publish Q3 2026 results on Wednesday, November 4, 2026, after the U.S. market close.
A conference call to discuss the results is scheduled for 8:30 AM EST on November 5, with a replay available on the company's IR site.
This is a calendar notice only -- no financial results or guidance are disclosed in this release.
• 19d ago AI analysis › Press Release ⚠ 4
Decade Hits Porphyry in Every Hole That Reached Bedrock at Bonaparte, Including Two Holes 1.2 km Apart; System Appears More Than 2 km Wide
Decade Resources reports that all five completed holes (2,000 m) at its Bonaparte copper-gold project in B.C. intersected porphyry dykes in altered rock, including two holes collared 1.2 km apart.
The in-progress DDH-BN-6 is drilling strongly potassic rock with chalcopyrite and hydrothermal breccia, features typical of a porphyry center, and management interprets the system along Cooler Creek valley as more than 2 km wide with a 3 x 4 km IP anomaly largely undrilled.
All observations are visual and assays are pending; no mineral resource has been defined, so the size and grade of the system remain unconfirmed. Drilling continues and assays, a DDH-BN-3 redrill, and 1,300+ soil sample results are upcoming catalysts.
• 1mo ago AI analysis › Press Release
REG-Transaction in Own Shares
Diversified Energy purchased 80,000 of its own shares on September 24, 2026 at a volume-weighted average price of $13.9561 under its March 2025 buyback program.
The purchased shares will be cancelled, leaving 70,699,231 shares in issue, which shareholders may use as the denominator for FCA disclosure-rule notifications.
This is a routine Regulation (EU) 596/2014 trade-disclosure filing executed via Mizuho Securities USA; it signals continued capital return but is immaterial in size relative to the share count.
• 1mo ago AI analysis › Press Release ⚠ 1
REG-Q1 2026 Dividend Exchange Rate - Corrected
Diversified Energy Company confirmed it will pay its Q1 2026 dividend of 29 cents per share on September 30, 2026, to shareholders on the register as of August 28, 2026.
Shareholders electing to receive dividends in GBP sterling will get 21.396 pence per share, converted at the September 10, 2026 rate of GBP 0.73781 per US$1.00.
This is a corrected administrative notice on the exchange rate only — the dividend amount and payment terms were already set when declared on May 6, 2026.
• 1mo ago AI analysis › Press Release ● Major
Q1 2026 Dividend Exchange Rate - Corrected
globenewswire.com • 1mo ago Press Release
REG-Q1 2026 Dividend Exchange Rate
Diversified Energy set the sterling conversion for its Q1 2026 dividend at 21.567 pence per share for shareholders who elected to receive dividends in GBP.
The underlying dividend of 29 cents per share was declared May 6, 2026, and will be paid September 30, 2026, to shareholders on the register as of August 28, 2026.
The conversion uses the September 10, 2026 exchange rate of GBP 0.73781 per US$1.00; no change was made to the previously declared amount or payment schedule.
• 1mo ago AI analysis › Press Release ● Major
Q1 2026 Dividend Exchange Rate
globenewswire.com • 1mo ago Press Release
Charles Schwab Bank and The DEC Network Expand Entrepreneur Support with New Fort Worth Innovation Center
businesswire.com • 1mo ago Press Release ⚠ 5
Decade Accelerates Bonaparte on Multiple Fronts: Drill Program Expanded, Land Position Increased by One Third, and New Mineralized Porphyry Outcrops Identified 5 km from the Drill
Decade Resources is mounting the largest exploration push in Bonaparte's history, adding 1,000 m of drilling for a minimum 4,000 m program after the first-ever deep hole beneath the Discovery Zone intersected porphyry-style copper mineralization.
The company staked 2 new claims totaling 1,400 ha, growing its land position roughly 34% to 5,549 ha, and opened a second exploration front where altered feldspar porphyry with visible chalcopyrite outcrops about 5 km east of the drill area.
The main IP chargeability anomaly spans roughly 3 km x 4 km and remains largely untested at depth, while DDH 1 core assays plus results from over 750 soil and 30 rock samples are still pending and the historic geophysics has not been verified by a Qualified Person.
Separately, Frank Kamermans resigned from the board to pursue his business operations, and no mineral resource has been defined on the property.
• 2mo ago AI analysis › Press Release ● Critical ⚠ 4
REG-Diversified Announces Accretive Acquisition of Birch
Diversified Energy (NYSE: DEC) signed definitive agreements to acquire Birch Permian Holdings from affiliates of Elliott Investment Management for approximately $1.8 billion — its largest deal in 25 years.
Birch brings ~68 Mboepd of net Permian production across 480 net wells, ~1,168 Bcfe of proved reserves with a ~$2.0 billion PV-10, and an estimated ~$548 million of annualized Adjusted EBITDA, implying an attractive ~3.3x purchase multiple.
The deal lifts DEC production by ~35% and Adjusted EBITDA by ~55% (pro forma ~2.5 Bcfepd gross volumes), and management expects it to be immediately accretive on key per-share metrics.
Funding centers on a ~$1.5 billion asset-backed securitization structured by Carlyle, whose strategic partnership is expanding from a $2 billion framework to up to $10 billion of future PDP opportunities; closing is expected in Q4 2026 subject to regulatory approvals.
• 2mo ago AI analysis › Press Release ● Critical ⚠ 5
Diversified Announces Accretive Acquisition of Birch
Diversified Energy has signed definitive agreements to acquire Birch Permian Holdings, a Permian Basin oil and gas producer owned by affiliates of Elliott Investment Management, for approximately $1.8 billion — the largest acquisition in the company's 25-year history.
The deal is expected to lift production ~35% and Adjusted EBITDA ~55%, adding roughly $548 million of annualized Adjusted EBITDA at a ~3.3x multiple, with ~68 Mboepd of net production, ~80% EBITDA margins, and pro forma gross volumes of ~2.5 Bcfepd.
Funding centers on a ~$1.5 billion asset-backed securitization originated by Carlyle, and the partnership has been expanded from a $2 billion framework to pursue up to $10 billion in future PDP acquisition opportunities.
Closing is expected in the fourth quarter of 2026, subject to regulatory approvals, with a $50 million break fee attached to the transaction.
• 2mo ago AI analysis › Press Release ⚠ 3
Decade Drills Into Porphyry-Style Copper Mineralization in First-Ever Deep Test Beneath a High Chargeability Anomaly at Bonaparte
Decade Resources reported that the first hole of its Phase I drill program at the Bonaparte property intersected porphyry-style copper mineralization consisting of chalcopyrite with occasional molybdenite at depth.
The drill hole exhibited a textbook alteration sequence from propylitic to potassic zones, supporting the geological model of a buried porphyry system beneath the high chargeability anomaly.
Management noted that core sampling is underway with assays pending from MSA LABS, cautioning that visual observations are not a substitute for laboratory analysis.
• 2mo ago AI analysis › Press Release ⚠ 2
REG-Diversified Energy Response to Media Speculation
Diversified Energy confirmed it has held preliminary discussions regarding a possible acquisition of Birch Resources.
Discussions are ongoing but remain at an early stage with no agreement reached and no certainty that a transaction will occur.
The company noted that acquisitions are a core aspect of its strategy, having completed 35 deals totaling over $7 billion in value since its 2017 IPO.
• 2mo ago AI analysis › Press Release ● Critical
Diversified Energy Response to Media Speculation
globenewswire.com • 2mo ago Press Release
REG-PDMR Shareholdings
Diversified Energy Company disclosed the vesting of 13,582 restricted stock units for former Chairman David Johnson on August 5, 2026, coinciding with his retirement.
Following the transaction, Mr. Johnson holds 39,144 shares of common stock, representing 0.06% of the company's issued share capital.
The shares were transferred to settle the awards under the 2025 Equity Incentive Plan net of required tax withholdings.
• 2mo ago AI analysis › Press Release
Decade Mobilizes Drill for Phase I Drilling at the Bonaparte Property
Decade Resources has mobilized a drill rig to commence Phase I drilling at its Bonaparte copper-gold property in British Columbia, targeting potential porphyry and high-grade gold systems.
The program consists of a minimum of 3,000 meters across five or six holes, focusing on chargeability and MMI anomalies identified through recent soil and rock sampling campaigns.
Historical data from the property includes a 1994 bulk sample that produced 3,160 ounces of gold at an average grade of 25.4 g/t Au.
• 3mo ago AI analysis › Press Release ● Major ⚠ 2
REG-Diversified Energy Reports Second Quarter 2026 Results
Diversified Energy reported Q2 2026 production of 1,253 MMcfepd with total commodity revenue of $504M, generating adjusted free cash flow of $115M.
The company returned approximately $136M to shareholders year-to-date, including $93M in share repurchases, while reducing leverage to 2.45x and closing the $147M sale of non-core Barnett and Arkansas assets.
Full-year 2026 guidance targets production of 1,180-1,210 MMcfe/d and adjusted EBITDA of $960M-$1,010M, with expectations for approximately $440M in adjusted free cash flow.
• 3mo ago AI analysis › Press Release ● Major
Diversified Energy Reports Second Quarter 2026 Results
Diversified Energy reported Q2 2026 adjusted EBITDA of $240 million on total commodity revenue of $504 million, generating adjusted free cash flow of $115 million despite lower commodity prices compared to the prior year.
The company returned approximately $136 million to shareholders year-to-date, including $93 million in share repurchases, while maintaining liquidity of $678 million and reducing leverage to 2.45x.
Management updated full-year 2026 guidance to reflect the recent Camino acquisition, targeting production of 1,180-1,210 Mmcfe/d and adjusted EBITDA of $960-$1,010 million, with plans to initiate an operated development program in the second half of the year.
• 3mo ago AI analysis › Press Release
REG-Diversified Energy Announces Second Quarter Dividend
Diversified Energy Company declared a dividend of 29 cents per share for the three-month period ended June 30, 2026.
Key dates for the payment include a record date of December 2, 2026, and a payment date of December 31, 2026, with the default currency set to U.S. dollars.
Shareholders have the option to elect to receive the dividend in sterling by submitting a form to Computershare Investor Services no later than December 8, 2026.
• 3mo ago AI analysis › Press Release
Diversified Energy Announces Second Quarter Dividend
Diversified Energy Company declared a dividend of 29 cents per share for the three-month period ended June 30, 2026.
The record date is set for December 2, 2026, with payment scheduled for December 31, 2026.
The company will pay the dividend in U.S. dollars by default, though shareholders have the option to receive payment in sterling by submitting an election form.
• 3mo ago AI analysis › Press Release ⚠ 1
REG-Diversified Energy Provides Board of Directors Update
David Johnson has retired from the Board of Directors and stepped down as Chairman of Diversified Energy after more than nine years of service.
Rusty Hutson, Jr., the company's Founder and CEO, has been appointed to succeed Mr. Johnson as Chairman of the Board effective immediately.
The Board also named David Turner, Jr. as Lead Independent Director and appointed Martin Thomas to the Compensation Committee to support oversight.
• 3mo ago AI analysis › Press Release ⚠ 1
Diversified Energy Provides Board of Directors Update
David Johnson has retired from the Board of Directors and stepped down as Chairman of Diversified Energy, effective immediately, after more than nine years of service.
Founder and CEO Rusty Hutson, Jr. has been appointed to succeed Mr. Johnson as Chairman of the Board, combining the roles of CEO and Chair.
The Board also appointed David Turner, Jr. as Lead Independent Director and named Martin Thomas to the Compensation Committee to support governance oversight.
• 3mo ago AI analysis › Press Release
REG-Notice of Results
Diversified Energy Company plans to publish its second quarter 2026 operational and financial results on August 5, 2026, after the U.S. market close.
The company will host a conference call on August 6, 2026, at 8:30 AM EST to discuss the results, with an audio replay available shortly thereafter.
Results and a supplementary presentation will be posted to the company's investor relations website prior to the event.
• 3mo ago AI analysis › Press Release
Notice of Results
Diversified Energy Company announced that it will publish its second quarter 2026 financial results on Wednesday, August 5, 2026, after the U.S. market close.
The company plans to host a conference call on Thursday, August 6, 2026, at 8:30 AM EST to discuss the quarterly performance.
Financial results and a supplementary presentation will be available on the company's investor relations website prior to the call.
• 3mo ago AI analysis › Press Release ⚠ 2
Decade Receives Drill Permit for Bonaparte Property
Decade Resources secured a drill permit for its Bonaparte copper-gold property in British Columbia, clearing the way for a 3,000-meter drill program targeting a potential buried porphyry system.
The property covers roughly 4,150 hectares, and the company expects the drill rig to arrive within 10 days, pending fire conditions and pad construction.
Historical work on the site includes high-grade samples up to 25.4 g/t gold, while recent surveys identified strong IP anomalies and chargeability targets.
• 3mo ago AI analysis › Press Release
REG-Transaction in Own Shares
Diversified Energy Company repurchased 328,781 shares of its common stock at a volume-weighted average price of $14.1614 per share.
The transactions, executed by Mizuho Securities USA LLC, occurred on July 2, 2026, with prices ranging from $13.80 to $14.29.
Following the cancellation of these shares, the company's total issued common stock stands at 70,760,082 shares.
• 4mo ago AI analysis › Press Release
REG-Transaction in Own Shares
Diversified Energy Company repurchased 289,721 shares on July 1, 2026, at a volume-weighted average price of $13.68 per share.
The transactions were executed by Mizuho Securities USA LLC, with individual trades ranging from $13.46 to $13.77.
Following the cancellation of these shares, the company's total outstanding common stock stands at 71,088,863 shares.
• 4mo ago AI analysis › Press Release
REG-Transaction in Own Shares
Diversified Energy Company purchased 328,781 shares of its common stock on June 29, 2026, at a volume-weighted average price of $13.402 per share.
The transaction was executed through Mizuho Securities USA LLC as part of the buyback program announced in March 2025.
Following the cancellation of these shares, the company will have 71,707,365 shares of common stock in issue.
• 4mo ago AI analysis › Press Release
REG-Transaction in Own Shares
Diversified Energy Company purchased 287,325 shares of its common stock in the open market on June 26, 2026, as part of its existing buyback program.
The shares were acquired at a volume-weighted average price of $12.9926, with a price range between $12.60 and $13.17, executed by Mizuho Securities USA LLC.
Following the cancellation of these shares, the company has 72,036,146 shares outstanding, with no shares held in treasury.
• 4mo ago AI analysis › Press Release
REG-Dividend Declaration
Diversified Energy Company confirmed that the Q4 2025 dividend of 29 cents per share will be paid on June 30, 2026, to shareholders of record as of May 29, 2026.
Shareholders receiving dividends in GBP will be paid 21.567 pence per share, based on the June 9, 2026 exchange rate of 0.74370 GBP to USD.
The dividend was originally announced by the company on February 26, 2026.
• 4mo ago AI analysis › Press Release
Dividend Declaration
globenewswire.com • 4mo ago Press Release
Decade Discusses Exploration Plans
Decade Resources provided an update on its 2026 exploration plans across four projects: Bonaparte, North Mitchell, Nobody Knows, and Red Cliff.
The company secured drill permits for Bonaparte and North Mitchell, with Bonaparte pending an archaeological study before a planned 3,000-meter drilling program begins.
North Mitchell is situated in the Golden Triangle near major deposits owned by Seabridge Gold and Newmont, while the Nobody Knows project saw the collection of over 200 samples following the discovery of high-grade boulders.
• 4mo ago AI analysis › Press Release
REG-Diversified Energy Company Demonstrates Proven Sustainability Leadership
Diversified Energy Company published its seventh annual Sustainability Report, titled 'PROVEN: Stepping Up When Others Step Away,' covering calendar year 2025.
The report highlights that the company’s activities cumulatively contributed approximately $5 billion to state GDPs in its operating areas over the last four years.
In 2025, the company directly employed ~2,000 people, supported ~9,500 ancillary jobs, and paid ~$980 million in wages and benefits.
Environmentally, Diversified and its subsidiary Next LVL Energy retired 486 wells in 2025, bringing the cumulative total retired since program inception to over 1,550 wells.
• 5mo ago AI analysis › Press Release
Diversified Energy Company Demonstrates Proven Sustainability Leadership
Diversified Energy Company published its seventh annual Sustainability Report, titled 'PROVEN: Stepping Up When Others Step Away,' covering calendar year 2025.
The report highlights that the company’s activities cumulatively contributed approximately $5 billion to state GDPs in its operating areas over the last four years.
In 2025, Diversified directly employed ~2,000 people, supported ~9,500 ancillary jobs, and paid ~$980 million in wages and benefits, while generating ~$150 million in state and local tax revenue.
Through its subsidiary Next LVL Energy, the company retired 486 wells in 2025, bringing the cumulative total of retired wells since program inception to over 1,550.
• 5mo ago AI analysis › Press Release
REG-Diversified Energy Provides Board of Director Update
Diversified Energy appointed Kirk Oliver as an independent non-executive director, effective May 21, 2026.
Oliver brings roughly 20 years of energy and financial expertise, having previously served as CFO at Equitrans Midstream and UGI.
He will join the Board’s Audit and Risk and Sustainability and Safety Committee, adding depth to the company’s governance structure.
• 5mo ago AI analysis › Press Release
Diversified Energy Provides Board of Director Update
Diversified Energy appointed Kirk Oliver as an independent non-executive director, effective May 21, 2026.
Oliver brings roughly 20 years of energy and financial expertise, having previously served as CFO of Equitrans Midstream and UGI.
He will join the Board’s Audit and Risk and Sustainability and Safety Committee, adding deep industry governance experience.
• 5mo ago AI analysis › Press Release
Legado Advises Diversified Energy Corporation's $850,000,000 ABS XII Refinancing
Diversified Energy Corporation completed its 12th asset-backed securitization, refinancing $850 million of existing debt.
The transaction consolidates assets from Maverick ABS, ABS VI, and certain credit facilities into a new master trust structure.
Collateral consists of approximately 14,000 producing wellbores across the Mid-Continent region, aimed at optimizing the company's capital structure and cost of capital.
• 5mo ago AI analysis › Press Release
REG-Results of Annual General Meeting
Diversified Energy Company held its Annual General Meeting on May 6, 2026, where all resolutions were passed.
The board re-elected David E. Johnson, Robert Russell Hutson, Jr., Kathryn Z. Klaber, Martin K. Thomas, and David J. Turner, Jr. with high support rates.
The independent auditors were ratified with 99.9% of votes in favor, and the advisory vote on executive compensation received 98.2% support.
The advisory vote on the frequency of executive compensation votes was also passed, with 98.3% of votes favoring a one-year frequency.
• 6mo ago AI analysis › Press Release ● Major ⚠ 2
REG-Diversified Energy Reports First Quarter 2026 Results
Diversified Energy reported Q1 2026 revenue of $556 million, up 69% year-over-year, driven by a 39% increase in average production to 1,198 MMcfepd.
Adjusted EBITDA surged 108% to $287 million, while Adjusted Free Cash Flow grew 157% to $160 million, facilitating $92 million in debt reduction and improving the leverage ratio to 2.2x.
The company returned $94 million to shareholders via dividends and buybacks, while advancing strategic acquisitions including the $1.175 billion Camino Natural Resources deal with The Carlyle Group.
• 6mo ago AI analysis › Press Release ● Major
Diversified Energy Reports First Quarter 2026 Results
Diversified Energy reported strong Q1 2026 results with Adjusted EBITDA rising 108% year-over-year to $287 million and Adjusted Free Cash Flow jumping 157% to $160 million.
The company returned $94 million to shareholders through buybacks and dividends, reduced debt by $92 million, and advanced its consolidation strategy with the closing of the Sheridan acquisition and the announced $1.175B Camino joint acquisition with The Carlyle Group.
Management reiterated full-year 2026 guidance for Adjusted EBITDA of $925 million to $975 million and Adjusted Free Cash Flow of approximately $430 million, citing robust cash flow generation and balance sheet strength.
• 6mo ago AI analysis › Press Release
Dividend Declaration
Diversified Energy Company declared a quarterly dividend of 29 cents per share for the period ended March 31, 2026.
The record date is set for August 28, 2026, with payment scheduled for September 30, 2026.
Shareholders can elect to receive payment in Sterling by submitting a form to Computershare by September 8.
• 6mo ago AI analysis › Press Release ● Major ⚠ 2
REG-Diversified and Carlyle Partner to Acquire Assets from Camino Natural Resources
Diversified Energy Company partnered with Carlyle to acquire a bolt-on portfolio of oil and natural gas properties from Camino Natural Resources for a purchase price of $1,175 million.
The assets, located in the Anadarko Basin of Oklahoma, add approximately 300 MMcfepd of current production and over 100 drill-ready inventory locations, with a 3.0x multiple of NTM EBITDA.
The acquisition is financed through a bespoke asset-backed securitization structured by Carlyle, requiring only a $210 million net cash contribution from Diversified via its credit facility, with closing expected in Q3 2026.
• 6mo ago AI analysis › Press Release
Diversified Energy Announces Timing of First Quarter 2026 Results
Diversified Energy Company plans to publish its first quarter 2026 operational and financial results on Wednesday, May 6, 2026, after the U.S. market close.
The company will host a conference call on Thursday, May 7, 2026, at 8:30 AM EST to discuss the quarterly performance.
An audio replay and supplementary presentation will be made available on the company's investor relations website.
• 6mo ago AI analysis › Press Release
REG-Diversified Energy Announces Timing of First Quarter 2026 Results
Diversified Energy Company announced it will release its Q1 2026 operational and financial results after the U.S. market close on Wednesday, May 6, 2026.
Management will host a conference call on Thursday, May 7 at 8:30 AM EST to discuss the quarterly performance.
The company will publish the results and a supplementary presentation on its investor relations website prior to the event.
• 6mo ago AI analysis › Press Release
Decade Discusses Exploration Plans
Decade Resources provided an update on its 2026 exploration plans, targeting four properties including Bonaparte and Del Norte.
The Bonaparte program plans for 3000m of drilling across six holes subject to permitting, while Del Norte sampling will focus on mineralization assaying over 30 g/t gold.
The company also recently exhibited at the KEG Mineral Show to showcase projects and engage with shareholders.
• 6mo ago AI analysis › Press Release
Diversified Energy TR-1
globenewswire.com • 6mo ago