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.

Diversified Energy Co announced definitive agreements to acquire Birch Permian Holdings Inc for approximately $1.8 billion, representing its largest acquisition in 25 years. The transaction is primarily funded through a $1.5 billion asset-backed securitization with Carlyle and is expected to close in the fourth quarter of 2026. The deal adds ~68 Mboepd of production, increasing total output by ~35% and Adjusted EBITDA by ~55%. Birch holds ~480 net wells, ~1,168 Bcfe proved reserves, and integrated midstream infrastructure in the Permian Basin. Additionally, Carlyle and Diversified expanded their strategic partnership to pursue up to $10 billion in future PDP acquisition opportunities. Diversified Energy Co is an oil and gas company focused on acquiring and operating producing assets.

On August 5, 2026, David Johnson resigned as Chairman of the Board and from the Sustainability and Safety and Compensation Committees of Diversified Energy Company, effective immediately. The resignation was not due to disagreements with management. Consequently, the Board reduced its size from six to five directors. Robert R. “Rusty” Hutson, Jr., the company’s Chief Executive Officer and founder, was appointed Chairman of the Board on the same date. David Turner, Jr. became Lead Independent Director, and Martin Thomas joined the Compensation Committee. Diversified Energy Company operates in the energy sector, focusing on acquiring, operating, and optimizing cash-generating energy assets with an emphasis on environmental stewardship.

Diversified Energy Company reported financial and operational results for the second quarter ended June 30, 2026. The company generated $504 million in total commodity revenue and $248 million in net income, alongside an adjusted EBITDA of $240 million. Average production reached 1,253 MMcfepd with an exit rate of 1,275 MMcfepd. The firm completed the strategic sale of non-core Barnett and Arkansas assets for $147 million and retired $233 million in ABS debt. Additionally, Diversified declared a second-quarter cash dividend of $0.29 per share and repurchased approximately 1.6 million shares. The company operates in the energy sector, focusing on acquiring, operating, and optimizing cash-generating natural gas, oil, and NGL assets.

Diversified Energy Company filed an 8-K/A to amend its previous 8-K to reflect that the SEC Staff has granted relief from the requirement to provide full historical financial statements and pro forma financial information regarding its acquisition of oil and natural gas assets in east Texas from Sheridan Holding Company III, LLC. Instead, the company will provide unaudited oil and gas reserve information as Exhibit 99.1. Diversified Energy Company is an energy company that operates in the oil and natural gas sector.