secwatch / observer

Diversified Energy Co — fact timeline

Source-grounded facts extracted from Diversified Energy Co's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

DEC Diversified Energy Co JSON

Kirk Oliver was appointed as Director at Diversified Energy Co.

“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.”
Material Agreements

Diversified Energy Co entered into Indenture with UMB Bank, N.A., as Indenture Trustee valued at $850 million (effective 2026-05-13).

“The ABS XII Notes were issued under a Base Indenture (the “Base Indenture”) and related Series 2026-1 Supplement (the “Supplement” and together with the Base Indenture, the “Indenture”) each dated May 13, 2026”
Debt Financings

Diversified Energy Co incurred senior notes of $850 million in aggregate principal amount of fixed-rate asset-backed securities, consisting of $590 million principal a with UMB Bank, N.A., as Indenture Trustee at 6.016% for Class A-1 Notes and 6.910% for Class A-2 Notes maturing legal final maturity in May 2046 with an Anticipated Repayment Date in May 2031.

“On May 13, 2026, DP Red River LLC (the “Issuer”), a limited-purpose, bankruptcy-remote, wholly-owned indirect subsidiary of Diversified Energy Company (the “Company”), issued in a private offering (the “Offering”) $850 million in aggregate principal amount of fixed-rate asset-backed securities, consisting of $590 million principal amount of 6.016% Class A-1 Notes due 2046 and $260 million in principal amount of 6.910% Class A-2 Notes due 2046 (collectively, the “ABS XII Notes”) pursuant to Section 4(a)(2) under the Securities Act of 1933, as amended (the “Securities Act”).”
Material Agreements

Diversified Energy Co entered into Securities Purchase Agreement with certain affiliates of Camino Natural Resources, LLC valued at $1.175 billion (effective 2026-05-06).

“On May 6, 2026, Diversified Gas & Oil Corporation (“Diversified” or “Purchaser”), a wholly-owned subsidiary of Diversified Energy Company (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain affiliates of Camino Natural Resources, LLC (collectively, “Camino” or “Sellers”) pursuant to which Diversified agreed to acquire 100% of the interests in certain affiliates of Camino owning (i) certain oil and natural gas wells, leasehold interests and related assets located in Oklahoma (the “Developed Assets”) and (ii) certain undeveloped acreage, associated leasehold interests and related assets in Oklahoma (the “Undeveloped Assets” and together with the Developed Assets, the “Assets”).”
Shareholder Votes

Diversified Energy Co shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2026-05-06 meeting.

“(4) Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation The shareholders approved, on a non-binding advisory basis, of the frequency of future advisory votes on the compensation of the Company’s named executive officers by the following votes: 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 36,920,265 28,498 233,475 370,690 5,981,602”
Shareholder Votes

Diversified Energy Co shareholders approved Advisory Vote on Executive Compensation at the 2026-05-06 meeting.

“(3) Advisory Vote on Executive Compensation The shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 36,892,924 258,439 401,565 5,981,602”
Shareholder Votes

Diversified Energy Co shareholders approved Ratification of Independent Auditor at the 2026-05-06 meeting.

“(2) Ratification of Independent Auditor The shareholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 43,483,877 33,369 17,284 -”
Shareholder Votes

Diversified Energy Co shareholders approved Election of Director Nominees at the 2026-05-06 meeting.

“(1) Election of Director Nominees The shareholders elected the director nominees by the following votes: Nominee Votes For Votes Against Abstentions Broker Non-Votes David E. Johnson 37,027,433 507,190 18,305 5,981,602 Robert Russell Hutson, Jr. 37,006,713 530,249 15,966 5,981,602 Kathryn Z. Klaber 34,637,577 2,893,591 21,760 5,981,602 Martin K. Thomas 36,674,226 860,254 18,448 5,981,602 David J. Turner, Jr. 36,698,854 835,722 18,352 5,981,602”
Earnings Releases

Diversified Energy Co reported three months ended March 31, 2026 results: revenue Total Commodity Revenue: $556M, net income Net Loss: $161M.

“Total Commodity Revenue (millions) $556 $329 69% $429 30% Net Income (Loss) ( millions ) $(161) $(323) 50% $196 (182)%”
M&A Transactions

Diversified Energy Co completed an acquisition involving Sheridan Holding Company III, LLC for $248 million (closed 2026-04-30).

“On April 30, 2026, the Transaction closed for a total purchase price of approximately $248 million”
Material Agreements

Diversified Energy Co entered into Purchase Agreement with Sheridan Holding Company III, LLC valued at approximately $248 million (effective 2026-02-26).

“On February 26, 2026, Diversified Production LLC (“Diversified”), a wholly-owned subsidiary of Diversified Energy Company (the “Company”), entered into a purchase and sale agreement (the “Purchase Agreement”) with Sheridan Holding Company III, LLC (the “Seller”) pursuant to which Diversified agreed to acquire certain oil and natural gas wells, leasehold interests and related assets located in certain counties in east Texas”
Debt Financings

Diversified Energy Co incurred senior notes of $200 million principal amount with Nordic Trustee AS at 9.75% maturing April 9, 2029.

“completed the previously announced tap-on offering of $200 million principal amount of 9.75% senior secured bonds due 2029”
Material Agreements

Diversified Energy Co entered into Tap Issue Addendum with Nordic Trustee AS, as Bond trustee valued at $200 million (effective 2026-02-05).

“On the Closing Date, the Tap Bonds were issued pursuant to a Tap Issue Addendum by and between DGOC and the Bond Trustee (“Tap Issue Addendum”).”
M&A Transactions

Diversified Energy Co completed an acquisition involving Canvas Energy Inc. for approximately $495,000,000 and 3,720,125 shares of the Company’s common stock (closed 2025-11-24).

“acquired all of the issued and outstanding common stock of Canvas from the former owners of Canvas in exchange for, in the aggregate, (i) cash consideration of approximately $495,000,000 and (ii) 3,720,125 shares of the Company’s common stock (the “Consideration Shares”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.