other material
confidence high
sentiment neutral
materiality 0.60
Diversified Energy files Canvas 2024 audited results: net income $88.5M, revenue $279.7M
Diversified Energy Co
- Canvas had net income of $88.5M on $279.7M revenue in 2024; operating income $131.8M, down from 2023's $147.6M.
- Total assets $682.9M at year-end 2024, long-term debt $147.4M, stockholders' equity $403.1M.
- Canvas paid $126.4M in dividends in 2024, exceeding net income; no dividends in 2023.
- Pro forma financials for combined Diversified/Canvas as of Sep 30, 2025 also filed in this amendment.