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West Virginia Business Hall of Fame inducts three exemplary leaders for 2023 class

“The West Virginia Business Hall of Fame has announced the inductees for its 2023 class: three proud West Virginians whose careers in the fields of energy, restaurant franchising and industrial service have set an exemplary standard for leadership in business. The 2023 class is composed of Rusty Hutson Jr., CEO of Diversified Energy Company; Fred D. Clark, […]

Diversified Energy touts gas well ‘stewardship’ as key to its emissions cuts

The highlight of Diversified Energy Co. PLC’s May 2 annual meeting was not a shareholder proxy vote on emissions and climate change issues but an emissions reduction strategy for its unusual natural gas business model. Diversified buys older wells from exploration and production companies such as EQT Corp. and ConocoPhillips, makes quick repairs in the […]

Glenville State students, faculty plant 500 trees

GLENVILLE, W.Va (WDTV) – Students, faculty and staff in Glenville State University’s Department of Land Resources recently planted 500 trees. The trees were planted on and around the Sycamore Run property known as the College Forest on Wednesday, April 5. The space is utilized by students studying Natural Resource Management at Glenville State. The planting […]

Diversified Energy made economic and environmental gains in Appalachia last year

Diversified Energy Company, one of the leading producers of natural gas in the country, showed strong results, particularly in its Pennsylvania operations, in its 2022 Sustainability Report released this week. The report, titled Decarbonizing While Delivering, revealed that the company achieved key emissions reduction, safety, and community investment goals in 2022. As the largest independent conventional […]

Diversified Energy highlights ESG progress in new report

Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) confirmed it retired 200 wells in Appalachia, US, over the past year, representing a 47% rise over the previous year. In its fourth sustainability report, the US-focused oil and gas company added it also reduced its methane intensity by 20% compared to 2021 and is on track to hit its […]

Brad Gray on Diversified’s Strategy Past Appalachia [WATCH]

Hi, this is Pietro Pitts, international managing editor at Hart Energy, here at DUG Haynesville talking to Brad Gray with Diversified Energy Co. PP: So Brad, what differentiates your company from other companies in the sector right now? Brad Gray, executive vice president and COO, Diversified Energy Co.: We are a different company in the space […]

A high-yield energy stock with locked-in prices

Diversified Energy (DEC), which has a significant hedge book aimed at keeping profits rolling even in weaker markets, is an exemplar of this hallowed consistency. Three constants look assured: the company will continue to buy onshore US mature wells with a mix of debt and equity, hedge production, and face scrutiny over its well management […]

Diversified Energy Company results show ‘another productive year of growth’

Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) (DEC) reported record production and strong cash flow generation in its final results for 2022. The company, which has built a portfolio of oil and gas assets in the United States, said production averaged 135,000 barrels oil equivalent per day (boepd) in the 12 months ended 31 December. At the […]

Mountain Arts Center partners with energy company to power up art education

PRESTONSBURG, Ky. (WYMT) – The Mountain Arts Center is partnering with Diversified Energy to further art and music education in the region. Diversified Energy will contribute $75,000 during the next three years, which will be used to hire staff, purchase instruments, and increase artistic opportunities for locals. “Our employees live and work up and down […]