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Diversified Energy DEC.L · GBp

Energy · LSE · 🇬🇧 United Kingdom

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960.00p

-0.52%

Close of 9 Nov 2026, in pence

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About Diversified Energy

Its shares trade on LSE under the ticker DEC.L. It has been listed since 3 February 2017. In the fiscal year to 31 December 2025, it reported revenue of $1.61bn and net income of $340.7m. At that date it held total assets of $6.16bn and shareholders' equity of $982.8m.

Diversified Gas & Oil Plc engages in the production and distribution of natural gas and crude oil. The company is headquartered in Birmingham, Alabama. The company went IPO on 2017-02-03. The firm is engaged in conventional natural gas and crude oil production in the Appalachian Basin of the United States. The firm owns and operates over 7,500 conventional natural gas and crude oil wells in Pennsylvania, West Virginia and Ohio. The firm's daily production is approximately 60,000 barrels of oil equivalent per day, which consists of approximately 26,000 million cubic feet (mcf) per day of natural gas and 475 barrels of oil per day. The firm operates over 3,000 wells in Ohio on approximately 164,000 leased acres in multiple counties along the I-75 corridor. The firm operates approximately 235 conventional wells in the West Virginia state and holds over 6,500 acres of leasehold. The firm operates over 4,000 wells and approximately 863,000 leasehold acres, in Pennsylvania, over multiple counties.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
3 Feb 2017
Employees
918
Website
dgoc.com ↗

Leadership

Pay as last reported

  • Mr. David JohnsonIndependent Non-Executive Chairman of the Board$223,000
  • Mr. Bradley GrayPresident, Chief Financial Officer, since 2016$923,000
  • Mr. Robert Russell HutsonChief Executive Officer, Co-Founder, Executive Director, since 2014$3.0m
  • Mr. Martin ThomasNon-Executive Vice Chairman of the Board$160,000
  • Mr. Mark KirkendallChief Human Resources Officer, Executive Vice President, since 2022
  • Mr. Benjamin SullivanSenior Executive Vice President, Chief Legal & Risk Officer and Corporate Secretary
  • Mr. Maverick BentleyExecutive Vice President - Operations
  • Mr. Paul EspenanSenior Vice President - Environmental, Health and Safety
  • Mr. Michael GarrettSenior Vice President - Accounting and Corporate Controller
  • Ms. Teresa OdomSenior Vice President - Sustainability
  • Mr. Randall WadeDirector
  • Ms. Kathryn KlaberIndependent Non-Executive Director$160,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
55
Environment
46
Social
58
Governance
61
Direct emissions (scope 1)
1,563,000 t
Energy emissions (scope 2)
58,000 t
Women in the workforce
11%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Diversified Gas & Oil Plc operates 7,500 wells across Pennsylvania, West Virginia, and Ohio.
  • The company produces 60,000 barrels of oil equivalent daily with 26,000 mcf natural gas daily.
  • Diversified Energy Co. manages 863,000 leasehold acres in Pennsylvania for oil and gas production.

Weaknesses

  • The firm has 235 conventional wells in West Virginia with only 6,500 acres of leasehold.
  • Diversified Gas & Oil Plc's daily oil production is limited to 475 barrels per day.
  • The company's operations are concentrated in the Appalachian Basin with no mention of other regions.

Opportunities

  • Expanding operations in Pennsylvania's multiple counties with 863,000 leasehold acres.
  • Increasing production from 4,000 wells in Pennsylvania to meet growing energy demands.
  • Developing new wells along the I-75 corridor in Ohio for additional resource extraction.

Threats

  • The Appalachian Basin faces regulatory challenges in natural gas and oil production.
  • Diversified Gas & Oil Plc's reliance on conventional wells may face technological disruption.
  • The company's focus on a single sector (Energy) increases vulnerability to market fluctuations.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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