Diversified Energy Co (DEC) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Energy
Crude Petroleum & Natural GasSEC EDGAR

Diversified Energy Co (DEC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Diversified Energy Co FY2025 10-K Analysis

Business Overview

  • Core business model: Production, transportation, and marketing of natural gas, NGLs, and oil emphasizing mature, long-life assets with lifecycle asset management
  • New initiatives: Launched $70M well plugging fund in West Virginia for 20 years and completed U.S. Domestication creating publicly traded Delaware parent
+3 more insights

Management Discussion & Analysis

  • Revenue $1.54B in 2025, up 110% from $732M in 2024, driven by 53% higher prices and 37% volume increase from acquisitions
  • Operating expenses $1.29B (3.25 $/Mcfe) in 2025 vs $854M (2.95 $/Mcfe) in 2024; LOE rose 98%, production taxes 141% reflecting higher liquids exposure and property taxes
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Risk Factors

  • EPA rescinded GHG endangerment finding Feb 2026, potentially rolling back regulation, but future state-level emission costs/taxes pose risks
  • Exposure to Ukraine and Middle East conflicts influencing volatile natural gas, NGL and oil prices impacting revenue and reserves valuation
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Diversified Energy Co FY2025 Key Financial Metrics
XBRL

Revenue

$1.8B

+141.5% YoY

Net Income

$341M

+426.8% YoY

Operating Margin

29.2%

+4207bp YoY

Net Margin

18.6%

+3243bp YoY

ROE

34.7%

+6075bp YoY

Total Assets

$6.2B

+55.9% YoY

EPS (Diluted)

$4.58

+311.1% YoY

Operating Cash Flow

$465M

+110.6% YoY

Source: XBRL data from Diversified Energy Co FY2025 10-K filing on SEC EDGAR. All figures in USD.

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