---
schema_version: "secwatch.filing_event.v1"
accession: "0001922446-26-000041"
form_type: "8-K"
ticker: "DEC"
cik: "0001922446"
company_name: "Diversified Energy Co"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:56:13.058890+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Diversified Energy Q1 net loss $161M, adj EBITDA $287M, announces $1.175B Camino acquisition

## Summary
- 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.

## SEC filing metadata
- accession: 0001922446-26-000041
- form_type: 8-K
- ticker: DEC
- cik: 0001922446
- company_name: Diversified Energy Co
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1922446/000192244626000041/0001922446-26-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1922446/000192244626000041/dec-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001922446-26-000041
- JSON: https://secwatch.observer/filing/0001922446-26-000041.json
- Plain text: https://secwatch.observer/filing/0001922446-26-000041.txt

## Source-grounded claims
- claim_id: 3ab404ef4e184646b9a4017300c04538954fad49
  claim: Diversified Energy Co reported three months ended March 31, 2026 results: revenue Total Commodity Revenue: $556M, net income Net Loss: $161M.
  evidence_excerpt: Total Commodity Revenue (millions) $556 $329 69% $429 30% Net Income (Loss) ( millions ) $(161) $(323) 50% $196 (182)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1922446/000192244626000041/0001922446-26-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.