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Diversified Energy Company Demonstrates Proven Sustainability Leadership

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Diversified Energy (NYSE: DEC) released its seventh annual 2025 Sustainability Report, highlighting economic, environmental, and community impacts. Over the last four years, operations cumulatively contributed approximately $5 billion to state GDPs within its operating areas.

In 2025, Diversified employed ~2,000 people and supported ~9,500 additional jobs, paying about $980 million in wages and benefits and generating roughly $150 million in state and local tax revenue.

Through Next LVL Energy, the company expanded well retirement activities, retiring 486 wells in 2025 (388 company-owned, 98 third-party and orphan), with more than 1,550 wells retired since program inception. Diversified also contributed $1.8 million to charitable and community initiatives across about 165 organizations.

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Commitment to Planet, People, and Principles Drives Meaningful Impact

Activities Cumulatively Contributed Approximately $5 Billion to State GDPs in the Operating Area Over the Last Four Years

BIRMINGHAM, Ala., May 28, 2026 (GLOBE NEWSWIRE) -- Diversified Energy Company (NYSE: DEC, LSE: DEC) ("Diversified," "DEC," or the "Company") today announced the publication of its seventh annual Sustainability Report, PROVEN: Stepping Up When Others Step Away, for calendar year 2025. The report details the Company’s continued leadership in responsible energy stewardship, asset retirement, and the meaningful economic and social contributions Diversified delivers across the communities in which we operate.

The 2025 report reflects Diversified’s unique role in the energy sector: acquiring established, cash-generating energy assets that others have stepped away from and managing them with a focus on operational discipline, environmental rigor, and a long-term commitment to well retirement obligations. From measurable emissions reductions and an innovative plugging fund landmark agreement to substantial local investment, the report underscores how Diversified’s model creates durable value for shareholders, employees, regulators, and the communities in which we work and live.

Economic Impact

Diversified continues to be a significant economic engine across the Appalachian, Anadarko, Haynesville and Permian basins, and beyond. In 2025, the Company directly employed ~2,000 employees and supported an additional ~9,500 ancillary jobs across its operating footprint, while paying ~$980 million in wages and benefits. The Company generated ~$150 million in state and local tax revenue that funds schools, infrastructure, and essential public services in rural and energy-producing communities.

Environmental Leadership

Through its Next LVL Energy subsidiary, Diversified has expanded its well-retirement capabilities, creating skilled jobs while addressing well retirement obligations for both its own assets and third parties, including state-led orphan well programs. Notably, the Company pioneered the first-of-its-kind well retirement fund (Mountain State Plugging Fund), a common-sense financial solution for long-term retirement obligations.

In 2025, Next LVL Energy and Diversified retired 486 total wells (including 388 company-owned wells and 98 third-party and orphan wells), bringing the cumulative total retired since program inception to >1,550 wells.

Community Service

The report highlights Diversified’s deep engagement with the communities it serves through volunteerism, charitable giving, educational partnerships, and STEM initiatives. In 2025, Diversified and its employees contributed $1.8 million in charitable giving and community investment across some 165 nonprofit and community organizations, and employees logged countless volunteer hours supporting food banks, first responders, veterans’ organizations, scholarship programs, and community development projects across the Company’s operating footprint.

Commenting on the report, CEO Rusty Hutson, Jr. said:

“This report is aptly named PROVEN because that is exactly what our team has done - we have proven, year after year, that responsible stewardship and strong returns are in harmony, not in conflict. When others step away from these assets, we step up. We focus on improving performance, retiring wells, reducing emissions, employing our neighbors, and investing in the communities that have powered America for generations. I could not be prouder of what our people have accomplished, and this report tells their story.”

About the Report

PROVEN: Stepping Up When Others Step Away aligns with several sustainability reporting frameworks, including GRI, SASB, and TCFD, and reflects Diversified’s commitment to transparent, decision-useful disclosure. View the 2025 Sustainability Report online at div.energy/sustainability/

For further information, please contact:

Diversified Energy Company 1 973 856-2757
Doug Kris dkris@dgoc.com
Senior Vice President
Investor Relations & Corporate Communications
 www.div.energy
   
FTI Consulting dec@fticonsulting.com
U.S. & UK Financial Public Relations  
   

About Diversified Energy Company

Diversified is a leading publicly traded energy company focused on acquiring, operating, and optimizing cash-generating energy assets. Through our unique differentiated strategy, we acquire established assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value. 


FAQ

What did Diversified Energy (DEC) announce in its 2025 sustainability report?

Diversified Energy announced its 2025 sustainability report highlighting economic impact, well retirement progress, and community investments. According to Diversified, the company detailed its responsible energy stewardship, emissions reductions efforts, and long-term commitment to managing acquired, cash-generating energy assets and associated retirement obligations.

How much economic impact did Diversified Energy (DEC) report from its operations?

Diversified Energy reported that its activities contributed approximately $5 billion to state GDPs over four years. According to Diversified, the company directly employed about 2,000 workers, supported roughly 9,500 ancillary jobs, and paid around $980 million in wages and benefits across its operating footprint in 2025.

How many wells did Diversified Energy (DEC) retire in 2025?

Diversified Energy and its Next LVL Energy subsidiary retired 486 wells in 2025. According to Diversified, this included 388 company-owned wells and 98 third-party or orphan wells, bringing total wells retired since program inception to more than 1,550 across its operating regions.

What is the Mountain State Plugging Fund mentioned by Diversified Energy (DEC)?

The Mountain State Plugging Fund is described as a first-of-its-kind well retirement fund. According to Diversified, it provides a common-sense financial solution to address long-term well retirement obligations, supporting the company’s broader strategy for responsible asset management and environmental stewardship.

How does Diversified Energy (DEC) support local communities and charities?

Diversified Energy supports communities through charitable giving, education, and volunteerism across its operating footprint. According to Diversified, the company and employees contributed $1.8 million in 2025 to about 165 nonprofits, alongside extensive volunteer efforts supporting food banks, first responders, veterans, scholarships, and community development.

How many people does Diversified Energy (DEC) employ across its operating areas?

Diversified Energy reported direct employment of around 2,000 people in 2025. According to Diversified, its operations also supported approximately 9,500 additional ancillary jobs, while generating about $150 million in state and local tax revenue that funds schools, infrastructure, and essential public services.