Diversified Energy Co PLC
For the period ended Dec 31, 2023. Filed Mar 19, 2024.
View on SEC.govAbout this filing
The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2023 · Filed Mar 19, 2024
DEC$12.70-0.8%Stored close · as of Nov 6, 2026
Contents
Consolidated Statement of Changes in Equity
Changes in Equity
| Notes | Share Capital | Share Premium | Treasury Reserve | Share Based Payment and Other Reserves | Retained Earnings (Accumulated Deficit) | Equity Attributable to Owners of the Parent | Non-Controlling Interest | Total Equity | |
|---|---|---|---|---|---|---|---|---|---|
| Balance as of January 1, 2021 | $9,520 | $841,159 | $(68,537) | $8,797 | $95,719 | $886,658 | $— | $886,658 | |
| Net income (loss) | — | — | — | — | (325,509) | (325,509) | 303 | (325,206) | |
| Other comprehensive income (loss) | — | — | — | — | 51 | 51 | — | 51 | |
| Total comprehensive income (loss) | $— | $— | $— | $— | $(325,458) | $(325,458) | $303 | $(325,155) | |
| Non-controlling interest in acquired assets | 5 | — | — | — | — | — | — | 16,238 | 16,238 |
| Issuance of share capital (equity placement) | 16 | 2,044 | 211,800 | — | — | — | 213,844 | — | 213,844 |
| Issuance of share capital (equity compensation) | 7 | — | — | 6,788 | (2,762) | 4,033 | — | 4,033 | |
| Dividends | 18 | — | — | — | — | (130,239) | (130,239) | — | (130,239) |
| Cancellation of warrants | 16 | — | — | — | (1,429) | — | (1,429) | — | (1,429) |
| Transactions with shareholders | $2,051 | $211,800 | $— | $5,359 | $(133,001) | $86,209 | $16,238 | $102,447 | |
| Balance as of December 31, 2021 | $11,571 | $1,052,959 | $(68,537) | $14,156 | $(362,740) | $647,409 | $16,541 | $663,950 | |
| Net income (loss) | — | — | — | — | (625,410) | (625,410) | 4,812 | (620,598) | |
| Other comprehensive income (loss) | — | — | — | — | 940 | 940 | — | 940 | |
| Total comprehensive income (loss) | $— | $— | $— | $— | $(624,470) | $(624,470) | $4,812 | $(619,658) | |
| Issuance of share capital (settlement of warrants) | 16 | 5 | — | — | 452 | — | 457 | — | 457 |
| Issuance of share capital (equity compensation) | 7 | — | — | 5,682 | (3,307) | 2,382 | — | 2,382 | |
| Issuance of EBT shares (equity compensation) | 16 | — | — | 2,400 | (2,400) | — | — | — | — |
| Repurchase of shares (EBT) | 16 | — | — | (22,931) | — | — | (22,931) | — | (22,931) |
| Repurchase of shares (share buyback program) | 16 | (80) | — | (11,760) | 80 | — | (11,760) | — | (11,760) |
| Dividends | 18 | — | — | — | — | (143,455) | (143,455) | — | (143,455) |
| Distributions to non-controlling interest owners | — | — | — | — | — | — | (6,389) | (6,389) | |
| Cancellation of warrants | 16 | — | — | — | (320) | — | (320) | — | (320) |
| Transactions with shareholders | $(68) | $— | $(32,291) | $3,494 | $(146,762) | $(175,627) | $(6,389) | $(182,016) | |
| Balance as of December 31, 2022 | $11,503 | $1,052,959 | $(100,828) | $17,650 | $(1,133,972) | $(152,688) | $14,964 | $(137,724) | |
| Net Income (loss) | — | — | — | — | 758,018 | 758,018 | 1,683 | 759,701 | |
| Other comprehensive income (loss) | — | — | — | — | (270) | (270) | — | (270) | |
| Total comprehensive income (loss) | $— | $— | $— | $— | $757,748 | $757,748 | $1,683 | $759,431 | |
| Issuance of share capital (equity placement) | 16 | 1,555 | 155,233 | — | — | — | 156,788 | — | 156,788 |
| Issuance of share capital (equity compensation) | — | — | — | 6,037 | (2,990) | 3,047 | — | 3,047 | |
| Issuance of EBT shares (equity compensation) | 16 | — | — | 9,406 | (9,406) | — | — | — | — |
| Repurchase of shares (share buyback program) | 16 | (161) | — | (11,048) | 161 | — | (11,048) | — | (11,048) |
| Dividends | 18 | — | — | — | — | (168,041) | (168,041) | — | (168,041) |
| Distributions to non-controlling interest owners | — | — | — | — | — | — | (4,043) | (4,043) | |
| Transactions with shareholders | $1,394 | $155,233 | $(1,642) | $(3,208) | $(171,031) | $(19,254) | $(4,043) | $(23,297) | |
| Balance as of December 31, 2023 | $12,897 | $1,208,192 | $(102,470) | $14,442 | $(547,255) | $585,806 | $12,604 | $598,410 |
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