Diversified Gas & Oil PLC
Diversified Energy Company PLC is a UK-domiciled, NYSE/LSE-listed natural gas and NGL producer operating approximately 8,800 conventional wells across the U.S. Appalachian and Central regions, serving industrial energy buyers through integrated upstream and midstream operations.
- Company typePublic
- Founded2001
- HeadquartersBirmingham, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Diversified Gas & Oil PLC does
Diversified Energy Company PLC (NYSE/LSE: DEC) is a UK-domiciled, publicly traded natural gas and natural gas liquids (NGL) producer that operates approximately 8,800 conventional producing wells across the U.S. Appalachian and Central regions, with corporate headquarters in Birmingham, Alabama and a new operations support office in Tulsa, Oklahoma following the January 2026 Canvas Energy acquisition. The company is vertically integrated across upstream production and midstream/marketing, transporting and selling its own natural gas and NGLs through direct industrial sales channels using owned midstream infrastructure and bilateral contracts with industrial energy buyers. Revenue is generated through commodity sales of natural gas and NGLs under negotiated contracts and spot market transactions, with a "Next LVL Energy" initiative positioned as a decarbonization overlay on the existing asset base. The growth model is acquisition-led: in the first half of 2026 alone the company completed the Canvas Energy acquisition (Oklahoma), announced a joint acquisition of Camino Natural Resources assets with The Carlyle Group, and issued a $200 million tap on its 9.75% senior secured bonds due 2029, bringing total outstanding under the series to $500 million and total debt to approximately $2.76 billion.
Diversified Gas & Oil PLC firmographics
Firmographics- Name
- Diversified Gas & Oil PLC
- Legal name
- Diversified Energy Company PLC
- Website
- https://diversifiedgasandoil.com
- Company type
- Public
- Founded year
- 2001
- Headcount range
- 101–250 employees
- Short description
- Diversified Energy Company PLC is a UK-domiciled, NYSE/LSE-listed natural gas and NGL producer operating approximately 8,800 conventional wells across the U.S. Appalachian and Central regions, serving industrial energy buyers through integrated upstream and midstream operations.
- Ownership category
- akta.pro rank
Diversified Gas & Oil PLC industry classification
Industry- Product category
- Upstream Oil and Gas Production
- NAICS
- Natural Gas Extraction (21113), Crude Petroleum Extraction (21112), Pipeline Transportation of Natural Gas (48621)
- SIC
- Crude Petroleum & Natural Gas (1311), Natural Gas Transmission (4922)
- akta.pro primary industry
- Gas Supply, Aggregation & Contracting (Producers, Marketers, Tolling, GSA) (EUALALAD)
- akta.pro secondary industries
- Gas Processing Plant Residue Gas & NGL Takeaway (Midstream Interface) (EUAAACAK), Aggregator/Brokered Natural Gas Sales (Brokers, Marketers, Aggregators) (EUAAADAF), NGL (Natural Gas Liquids) Pipeline Transportation (EUALADAC)
Keywords
Where Diversified Gas & Oil PLC is headquartered
LocationHeadquarters
- HQ city
- Birmingham
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Diversified Gas & Oil PLC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Others, Supply Chain, Personnel, Infrastructure
Revenue model
- Natural Gas and NGL Sales: Production and sale of natural gas and natural gas liquids from owned assets in the U.S. Appalachian and Central regions. Revenue is generated through long-term contracts and spot sales to industrial buyers.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Diversified Gas & Oil PLC product offering
Product offeringCore offering
Diversified Gas & Oil PLC owns and operates approximately 8,800 conventional gas and oil producing wells across Ohio, Pennsylvania, and the broader U.S. Appalachian and Central regions. The company produces, transports, and markets natural gas and natural gas liquids (NGLs) from these existing assets, with operations spanning upstream production and midstream marketing. The Next LVL Energy initiative supports the company's decarbonization and sustainable production strategy.
Product overview
Diversified Energy Company is an integrated energy producer operating a unified portfolio focused on natural gas and natural gas liquids. The company combines upstream production operations with midstream and marketing services across the U.S. Appalachian and Central regions. Core offerings include Natural Gas Production, Natural Gas Liquids (NGL) Production, and transportation/marketing through Midstream and Marketing services. The Next LVL Energy initiative supports the company's decarbonization strategy. The company is listed on NYSE (Diverse Energy Company/DEC) and LSE.
Differentiator
Problem solved
Functional benefit
Products and services
- Natural Gas Production Production of natural gas from approximately 8,800 conventional producing wells across Ohio, Pennsylvania, and the broader U.S. Appalachian and Central regions, sold to industrial energy buyers and energy markets.
- Natural Gas Liquids (NGL) Production Production and marketing of natural gas liquids (NGLs) recovered from the company's natural gas stream, sold to industrial buyers and downstream markets.
- Midstream and Marketing Transportation and marketing services for natural gas and natural gas liquids produced from company assets, including physical delivery to industrial buyers through owned midstream infrastructure.
- Upstream Operations and Asset Management Upstream production operations and asset management covering approximately 8,800 conventional producing wells, including stewardship of acquired assets such as the Canvas Energy Oklahoma portfolio.
Companies that use Diversified Gas & Oil PLC
Customer profileSegments1 record
Ideal customer profiles1 record
Diversified Gas & Oil PLC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Diversified Gas & Oil PLC partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Canvas EnergyminorDiversified acquired Canvas Energy's producing assets and acreage in Oklahoma, expanding its operational footprint in the Central region.
- Camino Natural ResourcesminorSeller of assets acquired jointly by Diversified and Carlyle Group in a partnership acquisition transaction.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Diversified Gas & Oil PLC competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Diversified Gas & Oil PLC social profiles
Digital presenceDiversified Gas & Oil PLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Diversified Gas & Oil PLC leadership team
Management profileNumber of profiles
Profiles1 record
Diversified Gas & Oil PLC subsidiaries and ownership
Company hierarchySubsidiaries1 record
Diversified Gas & Oil PLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Diversified Gas & Oil PLC M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Diversified Gas & Oil PLC
What does Diversified Gas & Oil PLC do?
Diversified Gas & Oil PLC owns and operates approximately 8,800 conventional gas and oil producing wells across Ohio, Pennsylvania, and the broader U.S. Appalachian and Central regions. The company produces, transports, and markets natural gas and natural gas liquids (NGLs) from these existing assets, with operations spanning upstream production and midstream marketing. The Next LVL Energy initiative supports the company's decarbonization and sustainable production strategy.
Is Diversified Gas & Oil PLC a public or private company?
Diversified Gas & Oil PLC is a public company. It is classified as public.
When was Diversified Gas & Oil PLC founded?
Diversified Gas & Oil PLC was founded in 2001. It employs 101 to 250 people.
Where is Diversified Gas & Oil PLC based?
Diversified Gas & Oil PLC is headquartered in Birmingham, United States, in the North America region.
How does Diversified Gas & Oil PLC make money?
One revenue line is on record: natural Gas and NGL Sales.
Does Diversified Gas & Oil PLC have an API?
No public API is recorded for Diversified Gas & Oil PLC.
What industry is Diversified Gas & Oil PLC in?
Diversified Gas & Oil PLC's product category is Upstream Oil and Gas Production. Its primary akta.pro industry code is EUALALAD, Gas Supply, Aggregation & Contracting (Producers, Marketers, Tolling, GSA), with a secondary code of EUAAACAK, Gas Processing Plant Residue Gas & NGL Takeaway (Midstream Interface). Its NAICS code is 21113 and its SIC code is 1311.