{"schema_version":"secwatch.filing_event.v1","accession":"0001922446-26-000022","form_type":"8-K","ticker":"DEC","cik":"0001922446","company_name":"Diversified Energy Co","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.772948+00:00","generated_at":"2026-05-15T23:49:42.594297+00:00","sec_items":["2.02","7.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Diversified Energy reports FY2025 net income $342M vs prior loss; guides 2026 Adj. EBITDA $925-975M","bullets":["FY2025 net income $342M (vs -$103M in 2024); revenue $1,829M (+142%); Adj. EBITDA $956M (+103%).","Q4 net income $196M (vs -$106M); revenue $667M (vs $59M); production 1,198 Mmcfe/d (+42% YoY).","Returned >$185M to shareholders via dividends and repurchases; new buyback authority for up to 7.8M shares.","Leverage ratio improved to 2.3x (23% reduction); ~73% of debt is non-recourse ABS securities.","2026 guidance: Adj. EBITDA $925-975M; Adj. FCF ~$430M; production 1,170-1,210 Mmcfe/d; capex $205-235M."],"urls":{"canonical":"https://secwatch.observer/filing/0001922446-26-000022","json":"https://secwatch.observer/filing/0001922446-26-000022.json","markdown":"https://secwatch.observer/filing/0001922446-26-000022.md","text":"https://secwatch.observer/filing/0001922446-26-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1922446/000192244626000022/0001922446-26-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1922446/000192244626000022/dec-20260226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:49:42.594297+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}