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Who We Are

Our focus is to create long-term value for all stakeholders and to maximize shareholder returns through our differentiated strategy of acquiring, optimizing and managing existing natural gas and oil assets. In recent years, Diversified has grown rapidly by capitalizing on opportunities to acquire and enhance producing assets, leverage the operating efficiencies that result from economies of scale, and advance peer-leading sustainability programs.

Our History

Beginning with a personal investment in a package of West Virginia natural gas wells in 2001, today, Diversified Energy is a publicly traded FTSE 250 participant and a leading U.S. energy producer, with operations in nine states focused on sustainable energy production, transportation and well retirement.

2001
2003
2006
2010 - 2016
2017
2020
2020
2021
2021
2022
Acquisition of West Virginian Gas and Oil Company

CEO and Co-Founder Rusty Hutson, Jr begins the business with the purchase of a package of West Virginia gas wells, while still working for a large financial institution in Birmingham, Alabama.

Partnership Through Combination of Drilling and Acquisitions

Robert Post, Co-Founder, partners with Mr. Hutson and together they expand the business within West Virginia.

Asset Acquisition

Mr. Hutson and Mr. Post acquire the assets of Diversified Resources, Inc. in West Virginia, forming the branded name of “Diversified”.

Well Production

Diversified grows and expands its geographical footprint into Ohio and Pennsylvania through a series of acquisitions of producing gas and oil wells.

Initial Public Offering

Diversified completes its Initial Public Offering and shares are admitted to trading on the London Stock Exchange’s AIM market.

Diversified Published Inaugural Sustainability Report

Diversified publishes its first Annual Sustainability report

Move Up to Main Market

Diversified transitions to the Premium Segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s Main Market.

Geographical Diversification

Diversified enters into the Company’s Central Region with the purchase of producing natural gas and oil wells and associated midstream systems in Louisiana, Oklahoma and Texas.

Inaugural Capital Market's Day

Diversified hosts the company’s inaugural Capital Market’s Day event and details expanded initiatives for emissions reductions

Vertical Integration of Asset Retirement

Diversified expands its capacity and capabilities in Asset Retirement through vertical integration, including the acquisition of the Company’s wholly owned Asset Retirement Subsidiary, Next LVL Energy.

Our Strategy

Our growth and capital return framework stems from our unique business model and successful execution of straight-forward, low-risk and proven operating techniques. We focus on acquiring existing long-life, low-decline producing wells and, at times, their associated midstream assets, and then efficiently managing the assets to improve or restore production, reduce unit operating costs, reduce emissions and generate consistent Free Cash Flow before safely and permanently retiring those assets at the end of their producing lives.

Acquire

Produce

  

Transport

Retire

Operating Guidelines

Following our 2021 corporate rebranding, and as a long-standing aspect of our operations, we have purposefully chosen to keep our original, ‘vintage’ depiction of our guidelines as a constant reminder that we continue to adhere to the proven tenets on which we built our company. Every field employee carries this tangible daily reminder on a Challenge Coin – not just as a reminder to do their job well and safely every day, but also of who is counting on them to arrive home safely at the end of the day.