Diversified Energy presents Birch acquisition plan to expand Midland Basin footprint

Bitget2026/11/06 22:52

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Diversified Energy outlined an acquisition of Birch assets in the Midland Basin, which it will own outright.
Pro forma adjusted EBITDA rises 55% to $1.53 billion; adjusted free cash flow increases 103% to $895 million.
The transaction increases pro forma production 35% to 1,604 million cubic feet equivalent per day.
Carlyle is facilitating asset-backed securitization funding for the producing assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diversified Energy Company published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Diversified Energy presents Birch acquisition plan to expand Midland Basin footprint

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