On the Record · Diversified Energy
Diversified Energy acquisitions, on the record
The businesses Diversified Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Oaktree working interestWord for word“Oaktree working interest acquisition for gross consideration of $410 million and net consideration of $222 million , contributing approximately $66 million MMcfepd to 2024 revenue.” 20-F for 2024 | acquisition | — | gross consideration of $410 million and net consideration of $222 million |
Crescent PassWord for word“Crescent Pass acquisition for gross consideration of $106 million and net consideration of $98 million , contributing approximately $10 million MMcfepd to 2024 revenue.” 20-F for 2024 | acquisition | — | gross consideration of $106 million and net consideration of $98 million |
East Texas IIWord for word“East Texas II acquisition for gross consideration of $69 million and net consideration of $68 million , contributing approximately $5 million MMcfepd to 2024 revenue.” 20-F for 2024 | acquisition | — | gross consideration of $69 million and net consideration of $68 million |
Maverick Natural Resources, LLCWord for word“In March 2025 , the Group announced the completion of its previously announced Maverick acquisition for a gross purchase price of approximately $1,275 million .” 20-F for 2024 | acquisition | March 2025 | approximately $1,275 million |
SummitWord for word“In February 2025 , the Group announced the completion of its previously announced acquisition of certain upstream assets and related infrastructure within Virginia, West Virginia, and Alabama of the Appalachian Region from Summit for a gross purchase price of approximately $45 million before customary purchase price adjustments.” 20-F for 2024 | acquisition | February 2025 | approximately $45 million |
80% of the equity interest in DP Lion Equity Holdco LLCWord for word“During 2023 , the 8,832 in sales of reserves in place were divested as part of the sale of 80% of the equity interest in DP Lion Equity Holdco LLC in December 2023.” 20-F for 2024 | divestiture | December 2023 | — |
Tanos II AssetsWord for word“On March 1, 2023 , we also completed the Tanos II acquisition, which included five wells in the Central Region that were under development at the date of acquisition.” 20-F for 2024 | acquisition | March 1, 2023 | — |
ConocoPhillips AssetsWord for word“September 2022 : The ConocoPhillips Assets Acquisition, in which we acquired certain upstream assets and related gathering infrastructure in the Central Region;” 20-F for 2024 | acquisition | September 2022 | — |
East Texas IWord for word“• The East Texas I Acquisition, in which we acquired working interests in certain upstream assets and related facilities within the Central Region from a private seller, in conjunction with Oaktree;” 20-F for 2024 | acquisition | — | — |
27 acquisitions since 2017Word for word“As of December 31, 2024 , we have completed 27 acquisitions since 2017 for a combined purchase price of approximately $3.1 billion .” 20-F for 2024 | acquisition | since 2017 | approximately $3.1 billion |
Canvas Energy Inc.Word for word“• In November 2025 , we acquired Canvas Energy Inc. (“Canvas”) for total consideration of approximately $533 million .” 10-K for 2025 | acquisition | In November 2025 | approximately $533 million |
Summit Natural Resources, LLCWord for word“• In February 2025 , we acquired certain upstream assets and related infrastructure in the Appalachian Region from Summit Natural Resources, LLC (“Summit”) for $42 million ; and • In 2025, we divested certain non-core undeveloped acreage across our operating footprint for consideration of approximately $160 million .” 10-K for 2025 | acquisition | In February 2025 | $42 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses |
|---|---|---|
| 2023-12-31 | $0 | $92.5 million |
| 2024-12-31 | $0 | $68.7 million |
| 2025-12-31 | $329.7 million | $171.6 million |
Deal filings since 2016
- 2026-09-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-07-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2026-05-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-05-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-05-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2026-03-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-02-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-26 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Diversified Energy’s annual reports (10-K for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.