Public Company Energy

Diversified Energy Company

Birmingham, Alabama, United States

Diversified Energy Company is a publicly traded energy company focused on the acquisition, operation, and optimization of natural gas and liquids assets, including production, transportation/marketing, and well retirement/stewardship.

Focus Areas
Natural gas and liquids production, Upstream oil and gas, Well retirement
Website
div.energy

Tracked deals

3

3 tracked deals across 2021-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

2 buyout · 1 addon

Diversified Energy Company Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Diversified Energy Company. 1 2021 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Diversified Energy To Acquire Birch Permian Holdings for $1.8 Billion
    September 3, 2026
    Buyer
    Diversified Energy, Carlyle (financing/strategic partnership)
    Target
    Birch Permian Holdings and certain affiliated companies, Birch
    Seller
    Affiliates of Elliott Investment Management
    Industry
    Energy
    Location
    Texas, United States
    Type
    Buyout

    Diversified Energy has agreed to acquire Birch Permian Holdings (and certain affiliated companies) for approximately $1.8 billion, expanding its Permian Basin operated position. The company expects the deal to increase production by ~35% and adjusted EBITDA by ~55%, with closing expected in Q4 2026 subject to regulatory approvals and customary conditions.

  • Diversified Energy and Carlyle Acquire Anadarko Basin Oil and Gas Assets From Camino Natural Resources
    May 7, 2026
    Buyer
    Diversified Energy Company, Carlyle (Carlyle's Global Credit platform / Asset-Backed Finance)
    Target
    Bolt-on portfolio of oil and natural gas properties and related assets located in the Anadarko Basin of Oklahoma (the 'Assets')
    Seller
    Camino Natural Resources
    Industry
    Energy
    Location
    Oklahoma, United States
    Type
    Addon

    Diversified Energy Company (NYSE: DEC) and Carlyle’s Global Credit platform have executed a purchase agreement to acquire a bolt-on portfolio of oil and natural gas properties and related assets in Oklahoma’s Anadarko Basin from Camino Natural Resources. The $1.175 billion transaction is financed via a bespoke asset-backed securitization (ABS) through a newly formed SPV, with Diversified funding about $210 million and expecting to close in Q3 2026.

  • Diversified Energy Acquires Tapstone Energy's Oklahoma Assets for $419 Million
    October 12, 2021
    Buyer
    Diversified Energy Co. Plc, Oaktree Capital Management LP
    Target
    Tapstone Energy LLC
    Seller
    Tapstone Energy LLC, Kennedy Lewis Investment Management (affiliate)
    Industry
    Oil & Gas
    Location
    Oklahoma, United States
    Type
    Buyout

    Diversified Energy Co. Plc agreed to acquire upstream assets, field infrastructure and facilities in Oklahoma from Tapstone Energy LLC and an affiliate of Kennedy Lewis Investment Management for $419 million in cash. Oaktree Capital Management will co-invest, taking a non‑operated working interest (paying $192 million for ~48.75%); the deal adds ~660 net operated wells and ~12,000 boe/d of production to Diversified's central region footprint.

Related Acquisition Pages

Energy Buyers & Acquisitions 2 tracked deals by Diversified Energy Company. Oil & Gas Buyers & Acquisitions 1 tracked deal by Diversified Energy Company. Acquisitions in Oklahoma 2 tracked deals by Diversified Energy Company. Acquisitions in Texas 1 tracked deal by Diversified Energy Company.

Related articles

Selling a company? Get in front of buyers like Diversified Energy Company

Turn tracked acquisition activity into an outreach-ready buyer list.

Find buyers like these →