earnings
confidence high
sentiment positive
materiality 0.75
Diversified Energy Q1 net loss $161M, adj EBITDA $287M, announces $1.175B Camino acquisition
Diversified Energy Co
2026-Q1 EPS reported
-$2.13
revenue$27,144,000
- Net loss $161M includes $398M non-cash derivative loss; adjusted EBITDA $287M (+108% YoY).
- Average production 1,198 MMcfepd; total commodity revenue $556M (+69% YoY).
- Returned $94M to shareholders: $72M share repurchases and $0.29/share dividend.
- Camino Natural Resources joint acquisition with Carlyle for $1.175B; Sheridan acquisition closed April 30.
- Full-year 2026 guidance reaffirmed: adj EBITDA $925–975M, adj FCF ~$430M, leverage 2.0–2.5x.