Get near real-time access to futures pricing, major energy stocks, and related articles and insights.

Diversified Energy Co. Plc

... ... ...
Use your mouse to position trendlines

About

Diversified Energy Co. PLC is an independent energy company engaged in the production, marketing and transportation of primarily natural gas-related to its synergistic U.S. onshore upstream and midstream assets.

Editor's note: Updated Aug. 20, 2021.

Transactions

Report Date Amount (MM) Description
2024-06-07 $377.00

Diversified Closes $377MM Oaktree Acquisition

Diversified Closes $377MM Oaktree Acquisition

Report Date Amount (MM) Description
2022-09-28 $240.00

Diversified Energy Acquires ConocoPhillips Midcon Assets for $240 Million

Diversified Energy Acquires ConocoPhillips Midcon Assets for $240 Million

Report Date Amount (MM) Description
2022-07-27 --

Diversified Energy Purchases Third Appalachia Plugging Company

Diversified Energy Purchases Third Appalachia Plugging Company

Report Date Amount (MM) Description
2022-05-16 --

Diversified Energy Acquires Ohio-based Nick’s Well Plugging

Diversified Energy Acquires Ohio-based Nick’s Well Plugging

Report Date Amount (MM) Description
2022-04-26 $50.00

Diversified Energy Expands Central Region with $50 Million East Texas Acquisition

Diversified Energy Expands Central Region with $50 Million East Texas Acquisition

Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

Locked Data

Subscribe to Access

Instantly unlock over 15 years of A&D transactions and financing data.

New Financings

Report Date Type Amount (MM) Description
2022-05-31 Diversified Energy Co. Plc Debt $445.00

Closed an asset backed securitization (ABS) of substantially all remaining unsecuritised upstream…

Report Date Type Amount (MM) Description
2022-05-31 Diversified Energy Co. Plc Debt $300.00

In conjunction with the closing of the $445 million ABS and reflective of the transfer of the collateral…

Report Date Type Amount (MM) Description
2022-02-07 Diversified Energy Co. Plc Debt $365.00

Closed a sustainability-linked asset backed securitization (ABS) involving certain of its Appalachian…

Report Date Type Amount (MM) Description
2019-11-14 Diversified Gas & Oil Plc Debt $200.00

Diversified Gas & Oil Plc, the U.S. based owner and operator of natural gas, natural gas liquids…

Report Date Type Amount (MM) Description
2018-02-20 Diversified Gas & Oil Plc Debt $500.00

Received commitment of a new $500 million, five-year senior secured revolving credit facility led by…

2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

This content is locked until you subscribe

Locked Data

Subscribe to Access

Instantly unlock over 15 years of A&D transactions and financing data.

News

Don’t Get Distracted by Emissions Politics, Energy Executives Say

Eyeing profit with a keep-it-in-the-pipe mentality, executives’ thoughts are on lowering emissions, getting premiums and producing compliance-ready molecules for the EU.

Dividends Declared Week of Nov. 11

Here is a compilation of dividends declared from select E&Ps in fourth-quarter 2024 during the week of Nov. 11.

Diversified Closes East Texas NatGas Bolt-on

Diversified Energy said the acquisition, from a regional operator, adds the equivalent of 70 Bcf of proved developed producing with a PV-10 of $89 million.

Diversified Inks NatGas Supply Contract with Gulf Coast LNG Facility

Diversified Energy will supply 40 Bcf to an unnamed Gulf Coast LNG facility over a three-year period.

Diversified Marches on in East Texas with Another NatGas Bolt-on

Diversified will purchase “significant” proved developed producing (PDP) reserves, the company’s second PDP addition in the region since closing a deal in mid-August.

Diversified Energy Closes on 170,000-acre Deal in East Texas

Diversified will pay $106 million for the natural gas assets through the issuance of 2.24 million new shares and $71 million cash.

Dividends Declared in the Week of Aug. 12

As second-quarter earnings season wraps up, here is a roundup of select upstream, midstream and service and supply companies’ dividends declared in the week of Aug. 12.

Diversified to Buy East Texas NatGas Assets from Crescent Pass

Diversified Energy’s $106 million deal with Crescent Pass Energy comes during a prolonged dip in natural gas prices that some analysts expect to rebound as demand ramps up for LNG exports and power demand.

Diversified Closes $377MM Oaktree Acquisition

The acquisition grows Diversified Energy's scale, margins and free cash flow with the bolt-on of interests in Oklahoma, East Texas and Louisiana.

It’s Complicated: E&Ps Find Some Financial Tailwinds, But It’s Not All Smooth Sailing

Relatively stable WTI prices in the $80s/bbl provide some breathing room as companies allocate cash for operations, and pragmatism is seeping into the energy transition movement.

Keeping it Tight: Diversified Energy Clamps Down on Methane Emissions

Diversified Energy wants to educate on emission reduction successes while debunking junk science.

How Diversified Already Surpassed its 2030 Emissions Goals

Through Diversified Energy’s “aggressive” voluntary leak detection and repair program, the company has already hit its 2030 emission goal and is en route to 2040 targets, the company says.

Diversified Energy Buys NatGas Assets in Runup to LNG Exports

Diversified Energy will pay $386 million to buy 100% interest in Oaktree Capital Management’s assets in Oklahoma, East Texas and Louisiana.

Diversified Energy Sells Appalachia Assets to Reduce Debt

Diversified Energy sold natural gas assets in its Appalachia portfolio at a 5.7x multiple and used the proceeds to pay down credit borrowings, the Alabama-based firm announced Jan. 2.

Diversified Energy Shares Fall Amid Congressional Scrutiny

Diversified Energy Co.’s shares on the NYSE have been on the decline following a request for information letter on the company’s emissions and well plugging operations by four Democratic members of the House of Representatives.