Diversified Energy Co
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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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
DEC$12.70-0.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Financial Statements (Unaudited)Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Unaudited)
| As of | ||
|---|---|---|
| (In thousands, except par and share data) | September 30, 2026 | December 31, 2025 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $5,794 | $29,697 |
| Restricted cash | 2,377 | 21,750 |
| Accounts receivable, net | 493,104 | 408,399 |
| Derivatives | 114,356 | 153,150 |
| Prepaid expenses and other current assets | 45,692 | 37,166 |
| Total current assets | $661,323 | $650,162 |
| Noncurrent assets: | ||
| Natural gas and oil properties (successful efforts method): | ||
| Proved natural gas and oil properties | $6,162,863 | $5,808,908 |
| Unproved natural gas and oil properties | 34,006 | 19,804 |
| Accumulated depletion | (1,514,097) | (1,320,953) |
| Natural gas and oil properties, net | 4,682,772 | 4,507,759 |
| Property, plant, and equipment, net | 460,042 | 446,022 |
| Operating right-of-use assets | 48,380 | 3,781 |
| Restricted cash | 70,028 | 93,663 |
| Derivatives | 6,093 | 81,702 |
| Deferred tax assets | 441,141 | 287,135 |
| Investment in equity affiliate | 8,389 | — |
| Other assets | 153,641 | 98,735 |
| Total assets | $6,531,809 | $6,168,959 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $124,176 | $81,814 |
| Accrued liabilities | 196,431 | 193,742 |
| Revenue to be distributed | 265,356 | 240,125 |
| Payable to affiliates | 73,608 | 7,364 |
| Current portion of long-term debt, net | 104,716 | 236,553 |
| Operating lease liabilities | 15,972 | 2,131 |
| Derivatives | 285,517 | 155,959 |
| Derivative settlements payable | 42,533 | 27,405 |
| Other current liabilities | 141,915 | 130,601 |
| Total current liabilities | $1,250,224 | $1,075,694 |
| Noncurrent liabilities: | ||
| Asset retirement obligations | $869,966 | $863,841 |
| Operating lease liabilities | 32,797 | 1,611 |
| Long-term debt, net | 2,997,872 | 2,715,461 |
| Derivatives | 573,278 | 440,567 |
| Other liabilities | 74,037 | 76,795 |
| Total liabilities | $5,798,174 | $5,173,969 |
| Commitments and contingent liabilities (Note 13) | ||
| Stockholders' equity: | ||
| Common stock ($0.01 par value; 350,000,000 shares authorized; 70,719,000 and 76,979,625 shares issued and outstanding) | $707 | $769 |
| Additional paid in capital | 1,414,647 | 1,491,719 |
| Accumulated other comprehensive income (loss) | (329) | (583) |
| Retained earnings (accumulated deficit) | (691,863) | (507,847) |
| Total stockholders' equity attributable to DEC | $723,162 | $984,058 |
| Noncontrolling interests | 10,473 | 10,932 |
| Total stockholders' equity | $733,635 | $994,990 |
| Total liabilities and stockholders' equity | $6,531,809 | $6,168,959 |
| Table of Contents | Condensed Consolidated Financial Statements (Unaudited) | Diversified Energy Company |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.