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NYSE · CRUDE PETROLEUM & NATURAL GAS · LARGE CAP

Diversified Energy Co. DEC

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.8B
▲ 141.5% YoY
$341.1M
$280.0M
▲ 66.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Diversified Energy Company is engaged in the production, transportation, and marketing of natural gas, NGLs, and oil, managing a diversified portfolio of mature, long-life assets. Its assets are located in the United States across three geographical operating areas: the Appalachian Region, spanning Ohio, Pennsylvania, Virginia, West Virginia, Kentucky, Tennessee and Alabama; the Central Region, including Texas, Oklahoma, New Mexico, Louisiana and Arkansas; and Other, comprising Florida and Wyoming. With over 69,000 total net productive wells, it produced an annual average of 1,086 MMcfepd during the year ended December 31, 2025. As of December 31, 2025, it employed 1,987 full-time individuals across 23 U.S. states. During the years ended December 31, 2025, 2024 and 2023, no customers individually comprised more than 10% of its total revenues. Diversified Energy Marketing, LLC, a wholly owned marketing subsidiary, focuses on commodity marketing, asset optimization, producer services and strategic management of the company's transportation portfolio. In November 2025, it completed a U.S. domestication that resulted in Diversified Energy Company, a Delaware corporation, becoming its publicly traded parent company.

Written from the business description in Diversified Energy Company's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.8B
Revenue, FY2025 · full 3-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.8 · Net income 0.3
1B2B
202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

19 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 29.2% · Net 18.7%
20%40%-5%-10%
202320242025
ROE
FY2025 · ROE 49.3%
50%100%-10%-20%
202320242025
Three returns, three denominators.

Each USD of equity produced 49 cents of profit this year.

Cash & shareholders

USD 85.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 280.0
100M200M
202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 85.0 · Net buybacks ·
100M200M
202320242025

USD 85.0M in dividends — 25% of the year's profit went back to shareholders.

Total assetsUSD 6.2B
EquityUSD 984.1M
CashUSD 29.7M
Gross debtUSD 3.0B
Net debtUSD 2.9B
Current ratio0.60×

Net debt stands at 297% of equity.

The 3-year record

3 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
DEC, 3-year financial record
Metric 202520242023
Revenue $B1.80.81.9
Operating income $B0.5−0.11.1
EBITDA $B0.90.21.4
Income tax $B−0.0−0.10.2
Net income $B0.3−0.10.7
Free cash flow $B0.30.20.2
EPS, diluted $4.58−2.1715.76
Dividend / sh $◌◌◌
Payout %25−8022
ROE %49.3−22.3139.2
Shares out B0.080.05◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 10 reconciliationsAUDITED

Reconciled in 3 of the 3 fiscal years we could check. 34 checks were skipped: the balance sheet is not tagged before 2024. 16 checks were skipped: EPS is not tagged before 2023.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCrude Petroleum & Natural Gas
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2023

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