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DIVERSIFIED ENERGY COMPANY (DEC)

Energy · Oil and natural gas exploration and production (E&P) · NYSE

A diversified U.S. oil and gas producer focused on maximizing value from mature, long-life Appalachian and Central Region assets through disciplined operations and an integrated asset retirement program.

What DIVERSIFIED ENERGY COMPANY does

Diversified Energy Company is a U.S. oil and natural gas exploration and production company engaged in the production, transportation, and marketing of natural gas, natural gas liquids (NGLs), and oil from a diversified portfolio of mature, long-life assets across the Appalachian Region (Marcellus and Utica shale formations and conventional plays), Central Region (Haynesville shale, Bossier, and Cotton Valley formations), and other geographic areas. The company operates over 69,000 net productive wells and produced an average of 1,086 MMcfepd in 2025, emphasizing full-lifecycle asset management, operational efficiency, responsible stewardship, and an integrated asset retirement and well-plugging program.

Themes: ["Exploration & production (E&P)","Natural gas / oil production","Appalachian shale (Marcellus / Utica)","Asset retirement obligations (ARO)","Well plugging and remediation","Mature asset optimization","Unconventional shale formations"]

Fundamentals

Dividend: yield +8.6%; pays a dividend.

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Key risks (from latest filing)

["Commodity price volatility for natural gas and crude oil, which directly impacts realized prices and financial performance despite hedging programs","Ability to successfully integrate recent large acquisitions (Canvas, Maverick, Summit) and realize projected operational synergies while managing increased debt from acquisition financing","Operational and financial challenges related to extensive asset retirement obligations and environmental compliance across 69,000+ wells, coupled with regulatory changes in well plugging and environmental standards"]

See DEC's biggest risks from its latest 10-Q →

Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.