secwatch.observer — SEC 8-K summary
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Issuer:     Diversified Energy Co (DEC)
CIK:        0001922446
Form:       8-K
Filed at:   2026-09-03T10:07:24+00:00
Accession:  0001922446-26-000083
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diversified Energy to acquire Birch Permian for $1.8B, boosting production ~35% and EBITDA ~55%
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- Acquisition of Birch Permian from Elliott affiliates valued at ~$1.8B; expected to close Q4 2026.
- Adds ~68 Mboepd production, ~480 net wells, ~1,168 Bcfe proved reserves (PV-10 ~$2.0B).
- Expected to increase production ~35% and Adjusted EBITDA ~55%; adds ~$548M annualized EBITDA.
- Funded by ~$1.5B ABS via Carlyle; Carlyle partnership expanded to up to $10B for future PDP deals.
- Subject to $50M break fee and regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1922446/000192244626000083/0001922446-26-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1922446/000192244626000083/dec-20260902.htm
  HTML page:      https://secwatch.observer/filing/0001922446-26-000083

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