Diversified Energy Company PLC (DECl)
CBOE 
Summary
Diversified Energy Q2 Earnings Call Highlights
Diversified Energy NYSE: DEC reported second-quarter 2026 results marked by $240 million of adjusted EBITDA, $115 million of adjusted free cash flow and an updated full-year outlook that incorporates recent acquisitions and a newly announced operated development program.
DEC Q2 Earnings Call Spotlights New Oklahoma Drilling Plan
Diversified Energy adds Oklahoma drilling to offset production declines while keeping free cash flow, M&A and capital flexibility central to its strategy.
Diversified Energy Company (DEC) Q2 2026 Earnings Call Transcript
Diversified Energy Company (DEC) Q2 2026 Earnings Call Transcript
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Diversified Energy Company PLC Profile
| Energy Equipment & Services Industry | Energy Sector | Robert Russell Hutson Jr. CEO | CBOE Exchange | US25520W1071 ISIN |
| US Country | 1,987 Employees | 28 Aug 2026 Last Dividend | 5 Dec 2023 Last Split | 18 Dec 2023 IPO Date |
Overview
Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells, primarily based in the Appalachian Basin of the United States. Established in 2001 and headquartered in Birmingham, Alabama, the company has a broad footprint across several states, including Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana. Initially known as Diversified Gas & Oil PLC, the organization changed its name to Diversified Energy Company PLC in May 2021. It has built a reputation for its involvement in the production, marketing, and transportation of natural gas and oil, leveraging a wealth of assets such as natural gas wells and gathering systems.
Products and Services
- Natural Gas
- Natural Gas Liquids (NGLs)
- Crude Oil
- Condensates
Diversified Energy Company PLC engages in the extraction and sale of natural gas, employing sophisticated methods to safely and efficiently produce natural gas from wells across its operating regions. This component of their portfolio includes the operation of gathering systems that consolidate gas from multiple sites for processing and transportation.
As part of its product offerings, the company processes natural gas to extract liquids, often referred to as natural gas liquids or NGLs. These hydrocarbons, in a liquid state at room temperature, are valuable by-products used in a variety of chemical processes and energy production methods.
Diversified Energy is also involved in the production and marketing of crude oil. Utilizing its wells spread throughout its operating areas, the company extracts crude oil, which is then refined into various petroleum products, serving as a critical component of the global energy supply chain.
Condensates, light hydrocarbons that condense from gas to liquid under certain pressure and temperature conditions, are another product line of the organization. These are primarily used in the petrochemical industry for the production of naphtha and other valuable chemical feedstocks.
