We're excited to announce the acquisition of assets from Crescent Pass Energy in our eastern Texas operating area. "The target assets are a perfect fit with our existing East Texas operations and offer meaningful opportunities for cost efficiencies upon completion of the Acquisition. The accretive transaction adds scale to our Central region footprint and remains consistent with our strategy to focus on high-quality, low-decline producing assets at attractive PV values where we can apply our Smarter Asset Management approach to enhance margins and grow free cash flow," said DEC CEO Rusty Hutson Jr. https://lnkd.in/gGSq4jJF
Diversified Energy Company
Oil and Gas
Birmingham, AL 15,656 followers
Diversified Energy Company PLC is a publicly traded independent energy company
About us
Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.
- Website
-
https://www.div.energy/
External link for Diversified Energy Company
- Industry
- Oil and Gas
- Company size
- 1,001-5,000 employees
- Headquarters
- Birmingham, AL
- Type
- Public Company
- Founded
- 2001
- Specialties
- Oil & Gas Operator, Conventional Oil & Gas Assets, acquisitions, and midstream
Locations
-
Primary
P.O. Box 381087
Birmingham, AL 35238, US
-
P.O. Box 381087
Birmingham, AL 35238, US
Employees at Diversified Energy Company
Updates
-
Excited to have partnered with Country Roads Trust to host our 3rd annual youth soccer camp! "This event is one of our favorite ways to give back to the community, connect children with WVU student-athletes and have some summer fun," said CEO Rusty Hutson Jr.⚽️
Diversified Energy sponsors 3rd Annual Country Roads Trust Youth Soccer Camp
wvnews.com
-
“Giving back is part of who we are as a company, and we will continue to do that. We’re not done. We want to do more … and it’s going to be a big part of our future,” says DEC’s CEO Rusty Hutson Jr. Read more⤵️
Diversified Energy is committed to community outreach
wvnews.com
-
Happy 4th of July! 🇺🇸 We hope everyone has a great day celebrating the land of the free and the home of the brave, filled with joy, family, and fireworks! #IndependenceDay 🎆🗽
-
During Foster Care Awareness Month, DEC demonstrated our commitment to fostering positive change by providing essential materials to 12 local foster care organizations across our operating states. Proud to support children and families in need. #DECGivesBack
-
DEC’s Paul Espenan recently spoke at the 9th Washington Energy Summit 2024! While there, he discussed the critical role #natgas is playing in achieving tangible emissions reductions and how Diversified is acting as the #RightCompany at the #RightTime.
-
We are thrilled to welcome an amazing group of students who will be joining us for the next few months through the BridgeValley Learn & Earn Program! We are confident these interns will bring a fresh perspective and incredible enthusiasm to our organization. We're excited to have you on board! #oneDEC