Diversified Energy Company PLC

Diversified Energy has signed agreements to acquire Birch Permian Holdings from Elliott for about $1.8 billion, expanding its presence in the Permian Basin. Birch produces roughly 68,000 barrels of oil equivalent per day; the transaction is expected to increase production by about 35% and adjusted EBITDA by roughly 55% (annualized EBITDA of the assets approximately $548 million). Financing will be provided mainly through a roughly $1.5 billion receivables-backed securitization structured with Carlyle, supplemented by revolving liquidity; closing is expected in Q4 2026 and is subject to customary approvals. » Więcej na de.investing.com

At Diversified Energy’s annual general meeting, shareholders elected all five nominated directors to serve until the 2027 AGM and approved PricewaterhouseCoopers as the independent auditor for the fiscal year ending 31 Dec. 2026. In a non‑binding vote, investors endorsed the named executives’ remuneration and supported future annual votes on board compensation. The stock traded at $15.87 during the meeting, implying a dividend yield of 7.31%; the company also reported adjusted record EBITDA of $287 million in Q1 2026 with a margin of 68%. » Więcej na de.investing.com

Diversified Energy reports an adjusted record EBITDA of $287 million for Q1 2026 with a margin of 68% and a daily production rate of 1.23 Bcfe. Adjusted free cash flow was $160 million despite transaction costs; net debt stands at $2.7 billion (leverage 2.2x) and liquidity at $529 million. The company announced a significant acquisition of assets from Camino Natural Resources, expected to close in Q3 2026, and issued EPS guidance of $1.44 for 2026 and $1.40 for 2027. Management emphasizes strategic capital allocation and synergy potential but flags risks from weather disruptions, commodity price volatility and integration risks. » Więcej na de.investing.com