# Diversified Energy Company

> Diversified Energy Company acquires and operates mature US natural gas and oil assets, combining production optimization, midstream infrastructure, commodity marketing and well retirement. Founded by Rusty Hutson Jr. in 2001, it uses operating scale, hedging and asset-backed finance to extract cash flow from existing production while assuming long-term environmental obligations.

- **Founded:** 2001
- **Headquarters:** Birmingham, United States
- **Founders:** Robert Russell “Rusty” Hutson Jr. (Founder, Chief Executive Officer and Chair of Board)
- **Products:** Natural gas, natural gas liquids and oil, Midstream transportation and gathering, Diversified Energy Marketing, Smarter Asset Management, Next LVL Energy
- **Notable:** Founded with 35 mature conventional wells in West Virginia in 2001., Went public on London’s AIM in 2017., Completed US domestication in November 2025, with a Delaware parent company.

## Products & services

- **Natural gas, natural gas liquids and oil** — US onshore production from acquired mature assets; natural gas represented 71% of second-quarter 2026 production on an equivalent-volume basis.
- **Midstream transportation and gathering** — Infrastructure and operating services that collect and move production to markets.
- **Diversified Energy Marketing** — Commodity marketing, producer services, risk management, logistics and transportation portfolio management.
- **Smarter Asset Management** — Internal operating program using compression adjustments, fluid removal, pump optimization, inspections and emissions repairs to improve existing assets.
- **Next LVL Energy** — Wholly owned well-retirement business plugging company-owned and third-party wells and restoring sites.

## Achievements

- Founded with 35 mature conventional wells in West Virginia in 2001.
- Went public on London’s AIM in 2017.
- Completed US domestication in November 2025, with a Delaware parent company.
- FY2025 average production reached 1,086 MMcfe per day, up 37% from 2024.
- Reported 1,987 full-time employees at December 31, 2025.

## Latest updates

- **2026-10** — Announced plans to release Q3 2026 results on November 4 after the US market close, followed by a November 5 call.
- **2026-09** — Agreed to acquire Birch for approximately $1.8 billion; expected Q4 2026 closing remained subject to customary conditions in the announcement.
- **2026-08** — Reported Q2 production of 209,000 boe/day and announced a one-rig operated development program in Oklahoma.

## Links

- Website: https://www.div.energy/
- LinkedIn: https://www.linkedin.com/company/diversified-gas-&-oil-corporation/
- Twitter/X: https://twitter.com/div_energy
- Facebook: https://www.facebook.com/DiversifiedEnergyCoPLC/

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Profile page: https://yespress.io/diversified-energy-company
Published by YesPress — https://yespress.io
Last updated: 2026-10-24