Diversified Energy Co
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 4, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-08-05.
0001922446-26-000067
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-11-04.
0001922446-26-000108
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 55 previous paragraphs and 3 current paragraphs.
2 unchanged; 1 reworded; 0 added; 52 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 1 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Removed paragraphs (52)
Previous report
We have limited historical experience as an operator of development programs.
Previous report
We have initiated an operated development program which will require us to devote additional financial, technical and operational
Previous report
resources to drilling and completion activities. Development activities generally require us to commit capital substantially in advance
Previous report
of realizing production and cash flows, which may increase the variability of returns compared to our historical acquisition strategy.
Previous report
Although we have drilled wells in various basins in the past and we have highly skilled personnel with significant drilling and
Previous report
completion experience through prior acquisitions, including our Chief Operating Officer, who previously oversaw the drilling program
Previous report
at Maverick Natural Resources, our historical business model has primarily focused on the acquisition, optimization and operation of
Previous report
Success in development programs depends upon effective well planning, capital allocation, execution of drilling and completion
Previous report
operations, reservoir evaluation, leasing, permitting, and project management. Executing these operations will require us to engage
Previous report
and rely upon drilling contractors, completion crews and other oilfield services providers, whose availability, performance and pricing
Previous report
are outside our control. Our development activities may not achieve expected results, and our returns could be adversely affected if
Previous report
development costs increase, reserve estimates are revised downward, or wells fail to perform as anticipated. In addition, we cannot
Previous report
provide assurance that unproved property acquired by us will be profitably developed, that wells drilled in connection with our
Previous report
development activities will be productive, or that we will recover all or any portion of our investment in such unproved property or
Previous report
Our development activities are subject to risks and uncertainties that are not present, or are present to a lesser degree, in our
Previous report
Historically, a substantial portion of our business has consisted of acquiring and operating existing producing assets. As we increase
Previous report
our investment in drilling and development activities, we are exposed to additional risks, including:
Previous report
•dry holes, or wells that are productive but do not produce sufficient volumes to recover drilling and completion and operating
Previous report
•drilling or completion delays, or the curtailment or cancellation of planned activity;
Previous report
•cost overruns and increases in drilling and completion costs;
Previous report
•shortages of or delays in obtaining qualified personnel or equipment, including rigs, pressure pumping crews, tubulars, sand,
Previous report
water, chemicals and other equipment or critical services;
Previous report
•well control incidents, blowouts, fires and environmental events;
Previous report
•delays in obtaining permits and regulatory approvals, and environmental, health and safety requirements applicable to drilling
Previous report
•adverse weather and surface access constraints;
Previous report
•inability to secure or dispose of water used in drilling and completion operations; and
Previous report
•insufficient takeaway, gathering or processing capacity.
Previous report
Any of these events may result in increases in costs, delays in production, lower-than-expected recoveries, impairment of capital
Previous report
invested in development projects and reduced returns.
Previous report
Estimates of reserves, drilling inventory and future development opportunities are inherently uncertain and may prove to be
Previous report
The identification of drilling locations and estimates of reserves, estimated ultimate recovery, production profiles and future economic
Showing the first 40 of 52 passages. Open the source sections for the rest.
Reworded paragraphs (1)
Previous wording
on Form 10-K for the year ended December 31, 2025, except as provided below.
Current wording
on Form 10-K for the year ended December 31, 2025, as updated by our Quarterly Report on Form 10-Q for the quarter ended June