Diversified Energy 2Q26 net income rises to $248 million; revenue totals $504 million
Reuters2026/08/05 21:25Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Diversified Energy posted 2Q26 net income of $248 million on revenue of $504 million; average production was 1,253 MMcfepd.
- Adjusted EBITDA (non-GAAP) totaled $240 million; adjusted free cash flow (non-GAAP) was $115 million with capital expenditures of $40 million.
- Liquidity stood at $678 million at June 30; leverage was 2.45x after $233 million of ABS principal reduction in 1H26.
- Closed the Camino acquisition in Oklahoma; sold non-core Barnett and Arkansas assets for $147 million to sharpen margins and lift near-term cash generation.
- Kept 2026 adjusted EBITDA guidance at $960 million-$1.01 billion; guided to about $440 million of adjusted free cash flow with capex of $225 million-$255 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diversified Energy Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051617PRIMZONEFULLFEED9804318) on August 05, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Tokyo Electron issues Information Security Report 2026
Reuters•2026/09/08 02:19
Colorpak Indonesia announces extraordinary shareholder meeting plan
Reuters•2026/09/08 02:18
Park24 publishes transcript of FY2026 Q3 financial results briefing meeting Q&A
Reuters•2026/09/08 02:12
Crypto prices
MoreBitcoin
BTC
$79,361.16
-0.72%
Ethereum
ETH
$2,501.06
-0.12%
Tether USDt
USDT
$0.9998
-0.00%
BNB
BNB
$741.58
-0.87%
XRP
XRP
$1.4
-0.30%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$104.23
-1.23%
TRON
TRX
$0.3349
-0.07%
Hyperliquid
HYPE
$85.22
-1.95%
Zcash
ZEC
$1,149.29
-3.10%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now