Overview
Description
Diversified Energy Company PLC is an independent energy company specializing in the production, marketing, and transportation of primarily natural gas and related products from mature onshore upstream and midstream assets in the United States. The company focuses on acquiring low-decline, low-risk wells, particularly in the Appalachian Basin and Central regions, including states such as Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana, while enhancing operational efficiency to maximize shareholder value. Its asset portfolio features natural gas wells and gathering systems, with a production mix typically comprising about 74% natural gas, 13% natural gas liquids, and 13% oil. Diversified employs a disciplined investment strategy that includes portfolio optimization through non-core asset divestitures and strategic acquisitions, such as compressor stations for cost savings. Committed to responsible stewardship, the company emphasizes decarbonization, environmental protection, and robust cash flow generation, supported by a debt structure featuring approximately 70% non-recourse amortizing ABS notes. Headquartered in Birmingham, Alabama, and founded in 2001, Diversified Energy Company PLC plays a key role in the U.S. energy market by managing existing assets to deliver reliable natural gas supplies.
About
CEO
Mr. Robert Russell Hutson Jr.
Employees
1987
Address
1600 Corporate Drive
Birmingham, 35242, AL
United States
Birmingham, 35242, AL
United States
Phone
205 408 0909
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Integrated
Country
United Kingdom
MIC code
BCXE