DEC

Diversified Energy Company PLC (NYSE:DEC) is an independent owner and operator of producing natural gas and oil wells primarily concentrated in the Appalachian Basin of the United States. Founded in 2001 and headquartered in Birmingham, Alabama, the company was formerly known as Diversified Gas & Oil PLC before changing its name in May 2021. The company went public on the New York Stock Exchange in December 2023, marking a significant milestone in its expansion strategy. Diversified Energy has built its business model around acquiring and optimizing mature, long-life energy assets across multiple U.S. basins, focusing on conventional natural gas production with low decline rates.