Diversified Energy Company news covers operating and financial results, dividend declarations, shareholder voting matters, major-holding notifications, asset acquisitions, and capital-structure activity. The company’s announcements reflect its model of acquiring and operating mature U.S. oil and natural gas assets that produce natural gas, NGLs, and oil.
Recurring updates also include annual meeting results, TR-1 voting-rights disclosures, timing announcements for quarterly results, and exchange-related corporate events. Capital and transaction news may address material agreements, financing arrangements, and completed acquisitions of oil and natural gas wells, leasehold interests, and related assets.
Diversified Energy (DEC) purchased 80,000 common shares on September 24, 2026, under its existing share buyback program. The shares were bought through Mizuho Securities USA at a volume-weighted average price of $13.9561 each. Purchase prices ranged from $13.80 to $14.015 per share.
The shares are due to be cancelled. Following cancellation, Diversified will have 70,699,231 common shares in issue and none held in treasury. The buyback program was announced on March 20, 2025.
Diversified Energy Company (DEC) confirms the exchange rate for its previously declared Q1 2026 dividend of US$0.29 per share, payable September 30, 2026 to shareholders on the register as of August 28, 2026. Shareholders who elected to receive the dividend in GBP will receive 21.396 pence per share, based on the September 10, 2026 FX rate of GBP 0.73781 to US$1.00.
Diversified Energy Company (DEC) confirms the GBP sterling amount for its previously announced Q1 2026 dividend of US$0.29 per share.
The dividend, in respect of the quarter ended March 31, 2026, will be paid on September 30, 2026 to shareholders on the register as of August 28, 2026. Shareholders who elected to receive the dividend in GBP will receive 21.567 pence per share, calculated using the September 10, 2026 exchange rate of GBP 0.73781 = US$1.00.
Oil Market Daily highlights how recent crude price spikes and delivery risks have shifted deal activity toward pipelines and existing producing assets, rather than new drilling.
Within the past ten days, Enbridge (ENB) agreed to buy Tallgrass Energy's crude oil business for about US$2.55 billion, adding stakes in the Pony Express and Powder River Gateway systems and 8.4 million barrels of storage, funded in part by an equity offering and alongside a separate US$600 million Salt Creek Midstream gathering acquisition. Enbridge expects the Tallgrass deal to be accretive to distributable cash flow per share after closing, which is subject to regulatory approvals.
Williams (WMB) closed its $5.5 billion acquisition of Momentum Midstream, adding about 6 bcf/d of Haynesville gathering capacity. Diversified Energy (DEC) agreed to buy Birch Permian for about $1.8 billion, expecting production to rise ~35% and adjusted EBITDA ~55%. Tamarack Valley (TVE) and Headwater (HWX) agreed to an all-stock merger valued at $10 billion, with Tamarack issuing 237.8 million shares and planning a 20% dividend increase, contingent on closing.
Diversified Energy (DEC) agreed to acquire Birch Permian Holdings for approximately $1.8 billion, expanding its operated position in the Permian Basin.
The acquired portfolio comprises ~480 net wells, ~68 Mboepd of current net production and ~1,168 Bcfe of proved reserves with a PV-10 of about $2.0 billion. The transaction is expected to increase Diversified’s production by ~35% and Adjusted EBITDA by ~55%, adding an estimated $548 million of annualized Adjusted EBITDA at roughly ~80% EBITDA margins. Pro forma, Diversified expects gross operated volumes of ~2.5 Bcfepd (~1.6 Bcfepd net). Funding will be led by an approximately $1.5 billion asset-backed securitization arranged with Carlyle, plus revolving credit facility liquidity. Closing is targeted for Q4 2026, subject to customary conditions, with a $50 million break fee. Diversified and Carlyle also expanded their strategic PDP acquisition partnership to pursue up to $10 billion of future opportunities.
Diversified Energy (NYSE: DEC, LSE: DEC) addressed media speculation by confirming it has held preliminary discussions about a possible acquisition of Birch Resources. The company emphasized that talks are at an early stage, no agreement has been reached, and there is no certainty any transaction will occur or on what terms. Diversified noted acquisitions are core to its strategy, having completed 35 deals totaling over $7 billion in value since its 2017 IPO. The company stated this announcement constitutes inside information under UK MAR.
Diversified Energy Company (NYSE: DEC, LSE: DEC) reported that on 5 August 2026, 13,582 restricted stock units previously awarded to former Chairman David Johnson vested under the 2025 Equity Incentive Plan. According to Diversified, settlement will occur via a transfer of common shares, net of required tax withholdings.
Following this award, David Johnson holds 39,144 Diversified shares, representing approximately 0.06% of the company’s issued share capital. The vesting is recorded as a single transaction at a price of $Nil, executed outside a trading venue (XOFF).
Diversified Energy (NYSE/LSE: DEC) reported second quarter 2026 average production of 1,253 MMcfe/d (209 Mboe/d) and an exit rate of 1,275 MMcfe/d. According to the company, 2Q26 results included $504M in total commodity revenue, $248M net income (including non‑cash derivative gains), $240M Adjusted EBITDA and $115M Adjusted Free Cash Flow on $40M of capital expenditures.
Diversified highlighted closing the Camino acquisition in Oklahoma, strategic divestiture of Barnett and Arkansas assets for $147M, and year‑to‑date acreage sales of $126M. Liquidity totaled $678M with a 2.45x leverage ratio and 76% of debt in non‑recourse ABS notes. Year‑to‑date shareholder returns were ~$136M, including $93M of share repurchases (~9% of shares) and a declared $0.29 per‑share 2Q26 dividend. Updated 2026 guidance calls for 1,180–1,210 MMcfe/d production, $960–$1,010M Adjusted EBITDA and ~$440M Adjusted Free Cash Flow.
Diversified Energy (NYSE:DEC, LSE: DEC) declared a dividend of $0.29 per share for the three-month period ended June 30, 2026. The record date is December 2, 2026 and the payment date is December 31, 2026.
The dividend will be paid in U.S. dollars by default, with an option for shareholders to elect payment in sterling. The last date for sterling currency election is December 8, 2026, via a dividend election form available on the company’s website.
Diversified Energy (NYSE: DEC, LSE: DEC) announced that David Johnson is retiring from the Board of Directors and stepping down as Chairman, effective August 5, 2026, after more than nine years of service since joining in February 2017. The company attributes his departure to his decision to pursue personal interests.
Effective the same date, the Board has appointed Founder and CEO Rusty Hutson Jr. as Chairman of the Board. The Board also named David Turner Jr. as Lead Independent Director, serving as liaison for independent directors, and appointed Martin Thomas to the Compensation Committee, reflecting an ongoing focus on strong governance and board oversight.