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Diversified Gas & Oil PLC

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uuid00059t8

Namestring
Diversified Gas & Oil PLC
Legal namestring
Diversified Energy Company PLC
Company typeenum
Public
Founded yearint
2001
Descriptiontext

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.

Short descriptiontext

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 categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersBirmingham, United States
HQ citystring
Birmingham
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
natural gas production, natural gas liquids production, upstream oil and gas, midstream marketing services, conventional well asset stewardship
Industry4 codes
1Gas Supply, Aggregation & Contracting (Producers, Marketers, Tolling, GSA)
CodeEUALALADPrimaryYes
2Gas Processing Plant Residue Gas & NGL Takeaway (Midstream Interface)
CodeEUAAACAKPrimaryNo
3Aggregator/Brokered Natural Gas Sales (Brokers, Marketers, Aggregators)
CodeEUAAADAFPrimaryNo
4NGL (Natural Gas Liquids) Pipeline Transportation
CodeEUALADACPrimaryNo
NAICS code3 codes
  • Natural Gas Extraction21113
  • Crude Petroleum Extraction21112
  • Pipeline Transportation of Natural Gas48621
SIC code2 codes
  • Crude Petroleum & Natural Gas1311
  • Natural Gas Transmission4922
Product category
Upstream Oil and Gas Production
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Natural Gas and NGL Sales
TypeTransaction Fee
Description

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.

div.energy
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Others, Supply Chain, Personnel, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

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.

Product and service4 records
1Natural Gas Production
CategoryUpstream Oil and Gas Production
Description

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.

2Natural Gas Liquids (NGL) Production
CategoryUpstream Oil and Gas Production
Description

Production and marketing of natural gas liquids (NGLs) recovered from the company's natural gas stream, sold to industrial buyers and downstream markets.

3Midstream and Marketing
CategoryMidstream Gas Services
Description

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.

4Upstream Operations and Asset Management
CategoryUpstream Oil and Gas Production
Description

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.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

Diversified acquired Canvas Energy's producing assets and acreage in Oklahoma, expanding its operational footprint in the Central region.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Seller of assets acquired jointly by Diversified and Carlyle Group in a partnership acquisition transaction.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Diversified Gas & Oil PLC

Upstream Oil and Gas Productiondiversifiedgasandoil.com

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.

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

  • Natural gas production
  • Natural gas liquids production
  • Upstream oil and gas
  • Midstream marketing services
  • Conventional well asset stewardship

Where Diversified Gas & Oil PLC is headquartered

Location

Headquarters

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

  1. 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 offering

Core 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 profile

Segments1 record

Ideal customer profiles1 record

Diversified Gas & Oil PLC technology and API

Technology

Technology 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 signal

Partnerships

Two partnerships are on record, tiered minor.

  • Canvas EnergyminorStrategic or Co-development Partner · 1 January 2026Diversified acquired Canvas Energy's producing assets and acreage in Oklahoma, expanding its operational footprint in the Central region.
  • Camino Natural ResourcesminorStrategic or Co-development PartnerSeller 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 assessment

Market position

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Diversified Gas & Oil PLC social profiles

Digital presence

Diversified Gas & Oil PLC financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Diversified Gas & Oil PLC leadership team

Management profile

Number of profiles

Profiles1 record

Diversified Gas & Oil PLC subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Diversified Gas & Oil PLC funding detail

Funding detail

Funding 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 investment

M&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.

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Live signals
SahmcapitalDiversified Energy’s Bigger Bond Tap and Oklahoma Deal Could Be A Game Changer For DECDiversified Energy Company, through its subsidiary Diversified Gas & Oil Corporation, completed a US$200 million tap of its senior secured bonds due April 2029, increasing the 2029 bond total to US$500 million, while simultaneously closing the acquisition of Canvas Energy's producing assets and acreage in Oklahoma. The combination of higher secured debt and expanded Oklahoma production footprint reshapes the company's capital structure and operating profile, though analysts flag rising secured debt and weak interest coverage as key risk factors. The company's shares have shown recent strength but remain potentially undervalued relative to fair value estimates of approximately US$20.50.TradingViewDGOC - Change of GuarantorDiversified Gas & Oil Corporation announced a change of guarantor for its senior secured bonds 2025/2029 (ISIN NO0013513606) worth USD 300,000,000, listed on Euronext Oslo Børs. The new guarantor is Diversified Energy Company, the new ultimate parent company of the Diversified group, with the change carried out in accordance with Bond terms and previously approved by shareholders. The company stated the guarantee remains in full force and effect and bondholder rights are not affected by this change.PR NewswireOTC Markets Group Welcomes Diversified Gas & Oil PLC to OTCQXOTC Markets Group announced on June 11, 2020, that Diversified Gas & Oil PLC has qualified to trade on the OTCQX Best Market under the symbol "DGAOF," enabling the company to access U.S. capital markets and investors. The company, an independent owner and operator of natural gas, natural gas liquids, and oil wells in the Appalachia Basin, stated this move will enhance visibility and trading liquidity. Stifel Financial Corp. acted as the Company's OTCQX sponsor.PR NewswireEQT Announces Closing of Asset Sale and Strategic Volume CurtailmentEQT Corporation closed a transaction to sell non-strategic assets in Pennsylvania and West Virginia to Diversified Gas and Oil PLC for $125 million, using the proceeds to pay down debt. Concurrently, EQT implemented a strategic curtailment of approximately 1.4 Bcfe per day of gross production to improve value amid lower commodity prices.GlobeNewswireDiversified Gas & Oil Doubles Production with $575M AcquisitionDiversified Gas & Oil completed its acquisition of EQT Corporation's southern Appalachian producing assets on July 18, 2018, more than doubling production to over 60,000 barrels of oil equivalent per day. The deal, funded by a $250 million capital raise and a credit facility extension to $1 billion, adds over 11,000 wells and 6,400 miles of gathering pipe.