Diversified Energy Company

DEC · Main Market · Energy · mcap £761m · 1102.0p 1 open situation →

Beta Briefing, track record and signals & risks are not ready for Diversified Energy Company yet.

We follow 960 UK small caps and every one of their announcements – often hundreds per company. 101 companies are already wired into a briefing: browse them.

Timeline · every situation

dots = announcements

2026 Oklahoma operated development program EIG secondary share sale Profit upgrade Canvas Energy acquisition 1 director buying

Open · 1

Disposal of a part (break-up)

Oklahoma operated development program

Announced; capex begins second half 2026

On 5 Aug 2026 with Q2 results, Diversified announced a one-rig operated development program in Oklahoma, drawing on acreage acquired mainly through PDP-focused deals including Camino. 2026 capex of $35-50M is guided, with a material production impact expected in 2027. It reduces reliance on acquisitions for growth.

Scale: One rig; more than 450 economic locations at $65/Bbl oil and $3.25/MMBtu gas 5 Aug 2026 ↗
Runway: Over 20 years of development at a one-rig pace 5 Aug 2026 ↗
2026 capex: Operated development $35 to $50M within total capex of $225 to $255M 5 Aug 2026 ↗
Timetable: Spending from second half of 2026; material production impact expected 2027 5 Aug 2026 ↗
Team: Led by Chief Operating Officer Rick Gideon and internal development team 5 Aug 2026 ↗

Next: Operated capex starts; production impact expected 2027

5 Aug 2026 Announced; capex begins second half 2026

Open the full view – chart and every step →

Closed · 4

OverhangEIG secondary share sale EIG fully exited; buyback done · 9 Mar 2026 – 6 May 2026 Upgrade / downgrade cycleProfit upgrade guidance raised · 3 Nov 2025 – 1 Feb 2026 +25% Large acquisition / reverse takeoverCanvas Energy acquisition Completed; funded by $400m ABS and shares · 3 Nov 2025 – 24 Nov 2025 Insider conviction1 director buying £13k in 1 buy · 20 Mar 2025 – 18 Jun 2025 +5%

Company filings. Not investment advice.