Diversified Announces Accretive Acquisition of BirchDiversified Announces Accretive Acquisition of Birch Creates a Scaled, Vertically Integrated Position in the Permian Basin, Anchored by a High-Quality Producing Asset Base Acquisition Expected to Increase Production by ~35% and Adjusted EBITDA by ~55% Carlyle and Diversified Expand Strategic Partnership to Pursue up to $10 Billion in Future Opportunities, Supporting the Next Phase of Growth by Combining Attractive Financing and Operational Expertise BIRMINGHAM, Ala., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Diversified Energy Company (NYSE: DEC, LSE: DEC) ("Diversified", “DEC”, or the "Company"), is pleased to announce the execution of definitive acquisition agreements to acquire Birch Permian Holdings, Inc. and certain affiliated companies (collectively "Birch"), a leading independent oil and gas producer with operations in the Permian Basin (the "Acquisition"), from affiliates of Elliott Investment Management L.P.
GlobeNewsWire9/2/2026Neutral