Diversified Energy Company (NYSE: DEC) — Company Overview, News & Financial Data
Diversified Energy Company manages low-risk wells in the U.S., focusing on sustainability and reducing environmental impacts.
Diversified Energy Company
Diversified Energy Company (LSE:DEC), (NYSE:DEC) focuses on the acquisition and management of mature, low-decline, and low-risk wells primarily in the United States. Central to its operations is the commitment to sustainability and reducing environmental impacts, employing innovative technologies to minimize methane emissions and enhance the efficiency of natural gas extraction. In addition to ensuring responsible energy production, Diversified Energy aims to generate stable cash flows, facilitate strategic growth through acquisitions, and maintain a robust dividend policy. Through these endeavors, the company seeks to achieve long-term value for its stakeholders, emphasizing environmental stewardship, community engagement, and operational excellence as keys to its success.
Snapshot
Operations
Products and/or services of Diversified Energy Company
- Natural gas production, focusing on acquiring and enhancing mature gas wells.
- Midstream services, providing infrastructure for gas gathering, processing, and transportation.
- Water handling and disposal services, managing the lifecycle of water used in gas extraction processes.
- Environmental services, including plugging abandoned wells and land restoration.
- Helium exploration and production, tapping into rare gas reserves for various industrial uses.
- Renewable energy projects, investing in wind and solar to diversify energy sources.
Diversified Energy Company executive team
- Robert Russell Hutson Jr.Co-Founder, CEO & Chairman
- Bradley Grafton GrayPresident & CFO
- Richard A. GideonChief Operating Officer
- Benjamin M. SullivanSenior Executive VP, Chief Legal & Risk Officer and Corporate Secretary
- Ronald Lee RidgwayExecutive Vice President of Energy Marketing
- Michael RiggExecutive VP & Chief Investment Officer
- Michael Walton GarrettChief Accounting Officer & Corporate Controller
- David MyersExecutive VP & Chief Information Officer
- Douglas A. KrisSenior VP of Investor Relations & Corporate Communications
- Jennifer R. BassExecutive VP & Chief Human Resources Officer
Latest news about Diversified Energy Company
Dividend history
Dividends per share paid by Diversified Energy Company , by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $1.1600 |
| FY2025 | — | — | — | $1.1600 |
| FY2024 | — | — | — | $1.7450 |
| FY2023 | — | — | — | $3.5200 |
| FY2022 | — | — | — | $3.4300 |
Key financials
Reported results for Diversified Energy Company , in USD.
- Market cap
- 1B
- Revenue (TTM)
- 1.9B
- P/E ratio
- 2.3
- EPS (diluted, TTM)
- 6.3
- Dividend yield
- 8.0%
- Profit margin
- 23.3%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 1.6B | 244M | 341.9M | |
| 794.8M | -43M | -88.3M | |
| 868.3M | 1.2B | 758M | |
| 1.9B | -671.4M | -625.4M |