secwatch.observer — SEC 8-K summary
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Issuer:     Diversified Energy Co (DEC)
CIK:        0001922446
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001922446-26-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1922446/000192244626000041/0001922446-26-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1922446/000192244626000041/dec-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001922446-26-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer