Kirk Oliver
appointed Kirk Oliver to the Board and to the Audit and Risk Committee and the Sustainability and Safety Committee of the Board, in each case effective May 21, 2026.
Highest-materiality recent filing
Diversified Energy completes $1.175B Oklahoma acquisition, issues $895M ABS notes with Carlyle
Completed acquisition of Camino Natural Resources assets in Oklahoma for ~$1.175B.
Appoints Kirk Oliver as Independent Director; Former Equitrans CFO brings ~20 years experience
Kirk Oliver appointed to Board effective May 21, 2026; Board size increased from 5 to 6.
Diversified Energy subsidiary issues $850M ABS notes at 6.016%/6.910% to refinance existing debt
$590M Class A-1 at 6.016% and $260M Class A-2 at 6.910%, both due 2046, secured by Western Anadarko Basin assets.
Diversified Energy to acquire Camino assets for $1.175B, partners with Carlyle in SPV structure
Purchase price $1.175B for oil & gas assets in Oklahoma's Anadarko Basin, including ~300 MMcfepd production and ~101K acres.
Diversified Energy shareholders elect all five director nominees at 2026 annual meeting
All director nominees elected: Johnson (37.0M for), Hutson (37.0M), Klaber (34.6M), Thomas (36.7M), Turner (36.7M).
Diversified Energy Q1 net loss $161M, adj EBITDA $287M, announces $1.175B Camino acquisition
Net loss $161M includes $398M non-cash derivative loss; adjusted EBITDA $287M (+108% YoY).
Diversified Energy closes $248M purchase of East Texas oil & gas wells
Acquired wells and leasehold interests in Cherokee, Harrison, Nacogdoches, Panola, and Rusk counties for ~$248M.
Diversified Energy completes secondary offering by EIG affiliates, repurchases 3.75M shares
EIG affiliates sold 7,501,585 shares of DEC common stock in an underwritten offering.
Pro forma total revenue $2.26B, operating income $685M, net income $421.6M for year ended Dec 31, 2025.
Diversified Energy to acquire East Texas natural gas assets for $245M cash
Purchase price of $245M cash (subject to adjustments) funded via senior secured credit facility.
Diversified Energy reports FY2025 net income $342M vs prior loss; guides 2026 Adj. EBITDA $925-975M
FY2025 net income $342M (vs -$103M in 2024); revenue $1,829M (+142%); Adj. EBITDA $956M (+103%).
Diversified Energy closes $200M tap of 9.75% senior secured bonds due 2029
Issued $200M tap on $300M existing 9.75% senior secured bonds due April 9, 2029; total now $500M.
Diversified Energy files Canvas 2024 audited results: net income $88.5M, revenue $279.7M
Canvas had net income of $88.5M on $279.7M revenue in 2024; operating income $131.8M, down from 2023's $147.6M.
Diversified Energy taps $200M of 9.75% senior secured bonds due 2029, total now $500M
Tap issue of $200M adds to existing $300M of 9.75% senior secured bonds, total outstanding $500M.
Randall Wade resigns from Diversified Energy board after EIG ownership falls below 10%
Randall Wade resigned effective Jan 23, 2026, from board and Sustainability & Safety Committee.
Diversified Energy announces potential $100M tap of 9.75% senior secured bonds due 2029
Plans minimum $100M tap issue of 9.75% senior secured bonds due 2029 (ISIN NO0013513606).
Diversified Energy adopts Executive Severance Plan for CEO and CFO
CEO (Tier 1): 2.0x salary+bonus outside CIC, 2.99x inside; 24-36 months COBRA.
Diversified Energy closes $495M cash-plus-stock acquisition of Canvas Energy
Acquisition completed November 24, 2025; total cash consideration ~$495M.
Diversified Energy redomiciles to Delaware; NYSE becomes primary listing venue
Court-sanctioned scheme of arrangement effective Nov 21, 2025; new Delaware parent inserted.
appointed Kirk Oliver to the Board and to the Audit and Risk Committee and the Sustainability and Safety Committee of the Board, in each case effective May 21, 2026.
Max materiality 0.90 · Median 0.65 · Most common event other_material