DEC news

Diversified Energy Company reported Q3 2026 earnings with $256M adjusted EBITDA, marking the first quarter of cash flows from its Camino acquisition, amidst restructuring and optimization efforts.

Diversified Energy Co (DEC) entered into a definitive merger agreement with Birch Permian Holdings (BPHI) to be acquired. This transaction significantly alters the consolidated footprint of the natural gas midstream and marketing sector and is pending required approvals.

Diversified Energy announced a $1.8 billion agreement to purchase Birch Permian Holdings assets to expand its footprint in the Permian Basin, doubling production and boosted by a Carlyle partnership.

The company reported Q2 2026 adjusted free cash flow of $115M with growth strategic initiatives ongoing and returning $136M to shareholders.

Diversified Energy Co. filed a base indenture with UMB Bank N.A. to establish terms for debt securities issued by DP Eagle LLC. The document outlines the framework for future offerings but holds no immediate financial impact.

Diversified Energy Company appointed Kirk Oliver, former CFO of Equitrans Midstream, as an independent non-executive director effective May 21, 2026. Oliver brings 20 years of energy industry and financial expertise and will serve on the Audit and Risk and Sustainability and Safety committees.