Diversified Energy Company/$DEC
1D1W1MYTD1Y5YMAX
Capital at risk
About Diversified Energy Company
Diversified Energy Co engaged in the production, transportation, and marketing of natural gas, NGLs, and oil, managing a diversified portfolio of mature, long-life assets located across the United States. The company derives revenues from the sale of oil, natural gas and natural gas liquids.
- Ticker
- $DEC
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 1,987
- Headquarters
- Birmingham, United States
- Website
- www.div.energy
DEC Metrics
BasicAdvanced
$972M
2.36
$5.81
0.30
$1.07
8.45%
Price and volume
Market cap
$972M
Beta
0.3
52-week high
$18.90
52-week low
$12.33
Average daily volume
894K
Dividend rate
$1.07
Financial strength
Current ratio
0.569
Quick ratio
0.429
Long term debt to equity
2.958
Total debt to equity
3.08
Dividend payout ratio (TTM)
19.48%
Interest coverage (TTM)
2.16%
Profitability
EBITDA (TTM)
1,005.991
Gross margin (TTM)
57.09%
Net profit margin (TTM)
23.30%
Operating margin (TTM)
26.21%
Effective tax rate (TTM)
-14.39%
Revenue per employee (TTM)
$980,000
Management effectiveness
Return on assets (TTM)
5.41%
Return on equity (TTM)
53.72%
Valuation
Price to earnings (TTM)
2.365
Price to revenue (TTM)
0.533
Price to book
1.03
Price to tangible book (TTM)
1.03
Price to free cash flow (TTM)
-3.175
Free cash flow yield (TTM)
-31.49%
Free cash flow per share (TTM)
-4.324
Dividend yield (TTM)
7.82%
Forward dividend yield
8.45%
Growth
Revenue change (TTM)
60.54%
Earnings per share change (TTM)
-335.75%
3-year revenue growth (CAGR)
11.50%
10-year revenue growth (CAGR)
67.71%
3-year earnings per share growth (CAGR)
-35.00%
10-year earnings per share growth (CAGR)
-11.22%
3-year dividend per share growth (CAGR)
-30.80%
What the Analysts think about DEC
Analyst ratings (Buy, Hold, Sell) for Diversified Energy Company stock.
Analyst projections of the future price of Diversified Energy Company stock.
Bulls say / Bears say
Q2 showed strong cash generation: adjusted EBITDA was $240m and adjusted free cash flow was $115m, while $233m of ABS principal was repaid in the first half and leverage was 2.45x within the 2.0x-2.5x target. $678m of liquidity and continued shareholder returns support the case that DEC can deleverage while returning capital. (Diversified Energy, Last10K)
DEC's Oklahoma footprint offers organic growth rather than relying solely on acquisitions: management identified more than 450 economic drilling locations and is starting a one-rig operated programme. Its 2026 guidance still calls for $960m-$1.01bn of adjusted EBITDA and about $440m of adjusted free cash flow, with drilling expected to affect production materially in 2027. (Diversified Energy, Last10K)
Birch would expand DEC into a scaled operated Permian position, with management forecasting a 35% production increase and 55% adjusted EBITDA increase. The $1.8bn deal is presented as immediately accretive and backed mainly by asset-level financing, while the expanded Carlyle partnership could support further PDP consolidation. (Diversified Energy)
Birch also brings a large funding burden: the $1.8bn purchase is mainly financed with about $1.5bn of new ABS plus other sources and is subject to closing and regulatory conditions. If integration or asset performance disappoints, the extra secured debt and covenant burden could limit cash available to equity holders. (Diversified Energy, StockTitan)
Results remain sensitive to commodity prices and hedge accounting: Q1 produced a $548m derivative loss, including $150.5m of cash settlements, despite $168.7m operating cash flow. With about $2.93bn of borrowings and $63.4m quarterly interest expense, weaker gas or oil prices could quickly squeeze distributable cash. (StockTitan, Last10K)
DEC's mature, very large well base leaves it exposed to plugging, abandonment and environmental costs. Its Q2 filing identifies asset-retirement obligations and compliance as continuing risks; faster regulatory timetables or higher remediation costs would reduce the cash flow available for dividends, buybacks and acquisitions. (Last10K)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
DEC Financial Performance
Revenues and expenses
DEC Earnings Performance
Company profitability
Upcoming events
No upcoming events
DEC News
AllArticlesVideos
Funds containing DEC
AllUSDEURGBP
Fund name | Fund size | $DEC weighting |
|---|---|---|
iShares Oil & Gas Exploration & Production$IOGP | $438M | 0.10% |
iShares Oil & Gas Exploration & Production€IOGP | €376M | 0.10% |
iShares Oil & Gas Exploration & Production£SPOG | £323M | 0.10% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.