Mergers & Acquisitions ·
On September 2, 2026, Diversified Energy Company entered into definitive agreements to acquire Birch Permian Holdings…
DECDiversified Energy Co
On September 2, 2026, Diversified Energy Company entered into definitive agreements to acquire Birch Permian Holdings, Inc. and affiliated entities for approximately $1.8 billion, inclusive of debt repayment. The transaction involves acquiring roughly 46,000 net mineral acres in the Midland Basin, including 500 gross operated wells and integrated midstream infrastructure. Funding is expected via a $1.5 billion asset-backed securitization and revolving credit facility liquidity. Closing is targeted for the fourth quarter of 2026, subject to customary conditions.