Welcome to our dedicated page for Diversified Energy Company Plc SEC filings (Ticker: DEC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Diversified Energy Company filings document material events, operating and financial results, asset acquisitions, capital-structure matters, and shareholder governance. Its Form 8-K disclosures include results releases, Regulation FD materials, completion of acquisitions involving oil and natural gas wells and leasehold interests, and material definitive agreements.
The company’s filing record also includes a definitive proxy statement for annual meeting matters such as director elections, auditor ratification, and advisory compensation votes. Financing disclosures identify secured bond arrangements involving Diversified Gas & Oil Corporation, guarantees, collateral, covenants, redemption provisions, and related capital-structure terms, while cover-page disclosures identify DEC common stock registered on the New York Stock Exchange.
Diversified Energy Co director Oliver Kirk R reported receiving an equity award. On June 1, 2026, he was granted 5,908 restricted stock units, which are a form of stock-based compensation rather than an open-market purchase. These RSUs vest on January 5, 2027, if he continues providing services to the company, and will then convert into the same number of common shares. Dividend equivalent rights will accrue as additional RSUs whenever dividends are paid on the company’s common stock. After this grant, his reported direct holdings from this award total 5,908 shares-equivalent.
Diversified Energy Co director Oliver Kirk R has filed an initial Form 3, which is a statement of beneficial ownership. The filing does not report any transactions, share holdings, or derivative positions, and shows no status as a ten percent owner.
Diversified Energy Company appointed Kirk Oliver to its Board of Directors, effective May 21, 2026, increasing the board size from five to six members. He will serve as an independent non-executive director and join the Audit and Risk Committee and the Sustainability and Safety Committee.
Oliver brings nearly 20 years of senior financial and energy industry experience, including CFO roles at Equitrans Midstream Corporation and UGI Corporation, along with earlier leadership positions at Allegheny Energy, TXU and Hunt Power and prior investment banking experience at Lehman Brothers. He will enter into the company’s standard indemnification agreement and receive non-employee director compensation consistent with other directors, including a pro-rated annual equity grant.
Diversified Energy Company reported that its indirect subsidiary DP Red River LLC issued $850 million of fixed-rate asset-backed securities in a private transaction. The deal includes $590 million of 6.016% Class A-1 Notes due 2046 and $260 million of 6.910% Class A-2 Notes due 2046, collectively called the ABS XII Notes.
Net proceeds were used to fully redeem existing ABS Maverick Notes and ABS VI Notes, pay related premiums, fees, interest and fund a liquidity reserve, with the remainder for general corporate purposes. The ABS XII Notes have an expected repayment date in May 2031 and a legal final maturity in May 2046, with monthly principal and interest payments.
The notes are secured by upstream producing assets in the Western Anadarko Basin and are governed by covenants covering reserve accounts, prepayment provisions, hedging requirements, and reporting. They feature accelerated amortization triggers tied to coverage, leverage, production metrics and other events of default, plus a coupon step-up if not repaid or refinanced by the anticipated repayment date.
Diversified Energy Company agreed to acquire certain oil and gas assets in Oklahoma from Camino Natural Resources for a total purchase price of $1.175 billion. The package includes producing wells, related infrastructure, and undeveloped acreage in the Anadarko Basin.
Funds and accounts advised by Carlyle will provide 60% of the purchase price for the developed assets through a new special purpose vehicle, with Carlyle owning 60% of the SPV and Diversified retaining 40% and operating the assets. Diversified expects to fund about $210 million via its revolving credit facility, with the remainder coming from an asset-backed securitization backed by the developed assets.
The deal is expected to close in the third quarter of 2026, subject to customary conditions. If closing fails after conditions are satisfied due to the purchaser’s material breach, Camino may receive a $58.75 million termination fee, to be shared pro rata by Carlyle and Diversified unless one party is solely responsible.
Diversified Energy Company held its 2026 Annual Meeting of Shareholders on May 6, 2026. Shareholders elected all five director nominees to serve until the 2027 Annual Meeting. They also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
On an advisory basis, shareholders approved the compensation of the company’s named executive officers and supported holding future advisory votes on executive compensation every year. The Board of Directors decided that say-on-pay votes will be held annually until the next required vote on frequency.
Artemis Investment Management LLP and affiliated funds reported beneficial ownership of 4,067,843 shares (5.6%) of Diversified Energy Co common stock as of 03/31/2026. The filing lists voting and dispositive power of 4,065,270 shares held solely by Artemis entities and breaks ownership across named funds. The Schedule 13G identifies Artemis Investment Management LLP, Artemis Fund Managers Limited, Artemis Global Income Fund, Artemis Monthly Distribution Fund, and Artemis Funds Lux Global Value as the reporting persons and provides their London addresses.
Diversified Energy Company reported strong first quarter 2026 results with total commodity revenue of $556M and average daily production of 1,198 MMcfe/d (200 Mboepd). Despite a net loss of $161M driven by a $398M non-cash loss on unsettled derivatives, core performance improved sharply.
Adjusted EBITDA rose to $287M, up 108% year over year, and adjusted free cash flow increased 157% to $160M. The company used this cash to reduce ABS debt by $92M and return $94M to shareholders, including significant share repurchases tied to the exit of EIG.
Diversified closed the Sheridan acquisition, agreed a joint $1.175B Camino Oklahoma deal with Carlyle, realized over $100M from portfolio optimization, and expanded non-operated partnerships. It reiterated 2026 guidance, targeting adjusted EBITDA of $925–$975M and adjusted free cash flow of about $430M.
Diversified Energy Company reported strong first quarter 2026 results with total commodity revenue of $556M and average daily production of 1,198 MMcfe/d (200 Mboepd). Despite a net loss of $161M driven by a $398M non-cash loss on unsettled derivatives, core performance improved sharply.
Adjusted EBITDA rose to $287M, up 108% year over year, and adjusted free cash flow increased 157% to $160M. The company used this cash to reduce ABS debt by $92M and return $94M to shareholders, including significant share repurchases tied to the exit of EIG.
Diversified closed the Sheridan acquisition, agreed a joint $1.175B Camino Oklahoma deal with Carlyle, realized over $100M from portfolio optimization, and expanded non-operated partnerships. It reiterated 2026 guidance, targeting adjusted EBITDA of $925–$975M and adjusted free cash flow of about $430M.
Diversified Energy Company reported strong first quarter 2026 results with total commodity revenue of $556M and average daily production of 1,198 MMcfe/d (200 Mboepd). Despite a net loss of $161M driven by a $398M non-cash loss on unsettled derivatives, core performance improved sharply.
Adjusted EBITDA rose to $287M, up 108% year over year, and adjusted free cash flow increased 157% to $160M. The company used this cash to reduce ABS debt by $92M and return $94M to shareholders, including significant share repurchases tied to the exit of EIG.
Diversified closed the Sheridan acquisition, agreed a joint $1.175B Camino Oklahoma deal with Carlyle, realized over $100M from portfolio optimization, and expanded non-operated partnerships. It reiterated 2026 guidance, targeting adjusted EBITDA of $925–$975M and adjusted free cash flow of about $430M.
Diversified Energy Company reported sharply higher Q1 2026 activity, with commodity revenue of $556.2M, up 69% year over year, but a net loss of $160.7M or $(2.13) per share driven largely by a $548.4M loss on derivatives.
Production rose 39% to 107,810 MMcfe as prior Maverick, Summit and Canvas acquisitions boosted volumes and increased liquids exposure, which lifted realized prices but also operating costs. Operating cash flow improved to $168.7M, while total debt stood at $2.93B with quarterly interest expense of $63.4M.
The company continued reshaping its portfolio, divesting non-core acreage for $101M, completing a $248M Sheridan acquisition in April, and agreeing to a $1.2B Camino transaction alongside a Carlyle-funded SPV. It also tapped an extra $200M of Nordic Bonds and repurchased about 7% of shares outstanding.
Diversified Energy Company reported sharply higher Q1 2026 activity, with commodity revenue of $556.2M, up 69% year over year, but a net loss of $160.7M or $(2.13) per share driven largely by a $548.4M loss on derivatives.
Production rose 39% to 107,810 MMcfe as prior Maverick, Summit and Canvas acquisitions boosted volumes and increased liquids exposure, which lifted realized prices but also operating costs. Operating cash flow improved to $168.7M, while total debt stood at $2.93B with quarterly interest expense of $63.4M.
The company continued reshaping its portfolio, divesting non-core acreage for $101M, completing a $248M Sheridan acquisition in April, and agreeing to a $1.2B Camino transaction alongside a Carlyle-funded SPV. It also tapped an extra $200M of Nordic Bonds and repurchased about 7% of shares outstanding.
Diversified Energy Company reported sharply higher Q1 2026 activity, with commodity revenue of $556.2M, up 69% year over year, but a net loss of $160.7M or $(2.13) per share driven largely by a $548.4M loss on derivatives.
Production rose 39% to 107,810 MMcfe as prior Maverick, Summit and Canvas acquisitions boosted volumes and increased liquids exposure, which lifted realized prices but also operating costs. Operating cash flow improved to $168.7M, while total debt stood at $2.93B with quarterly interest expense of $63.4M.
The company continued reshaping its portfolio, divesting non-core acreage for $101M, completing a $248M Sheridan acquisition in April, and agreeing to a $1.2B Camino transaction alongside a Carlyle-funded SPV. It also tapped an extra $200M of Nordic Bonds and repurchased about 7% of shares outstanding.
Diversified Energy Company completed an acquisition of oil and natural gas assets in east Texas through its wholly owned subsidiary, Diversified Production LLC. On April 30, 2026, the transaction with Sheridan Holding Company III, LLC closed for a total purchase price of approximately $248 million, subject to customary adjustments under the purchase and sale agreement.
The acquired wells, leasehold interests and related assets are located in several east Texas counties, including Cherokee, Harrison, Nacogdoches, Panola and Rusk. Diversified funded the purchase price with borrowings under its senior secured revolving credit facility. The company plans to file required financial statements and pro forma financial information for the acquired business within 71 days.