Diversified Energy posted solid interim results for the first half of 2025, buoyed by the integration of Maverick Natural Resources and the announcement of a $2 billion strategic partnership with The Carlyle Group
Diversified Energy Company PLC LSE DEC, NYSE DEC posted solid interim results for the first half of 2025, buoyed by the integration of Maverick Natural Resources and the announcement of a $2 billion strategic partnership with The Carlyle Group to target U.S. proved developed producing PDP assets. The company reported 1H25 average production of 1,007 MMcfepd 168 Mboepd, up 35% year-over-year, with Q2 output reflecting a full quarter from the Maverick acquisition.
Financial & Operational Highlights Q2 production 1,149 MMcfepd 192 Mboepd, with a mix of 73% natural gas, 13% NGLs, and 14% oil. Q2 adjusted EBITDA $280 million; adjusted operating cost per unit at $2.21/Mcfe. Liquidity $416 million in undrawn credit plus cash; leverage reduced to 2.6x net debt/EBITDA. Shareholder returns $105 million YTD via dividends and buybacks, including 3.3 million shares repurchased 4% of outstanding.
Carlyle Group Maverick Natural Resources PDP Assets Natural Gas Free Cash Flow Oil And Gas Consolidation Dividends Share Buyback U.S. LNG
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