# Diversified Energy Company (DEC)

> Source: Nexqual · https://nexqual.com/DEC · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Diversified Energy Company (DEC), nexqual.com/DEC" · informational, not investment advice.

**Price:** USD 14.43 (-1.64% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 14.67 · day 14.4–14.87 · 52w 12.35–18.9 · market cap $996M · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $2.01B, net income $453M (22.6% margin) (SEC filings).
- Valuation: P/E 2.2x (avg 2.1x at the last 2 fiscal year-ends), net debt $2.92B.
- Analysts: Buy (mean 2.10 on a 1–5 scale) (10 analysts), mean target USD 21.13 (range 15–32).
- Total return with dividends: 1Y +25.3% vs S&P 500 +18.1%.
- Next earnings: 2026-11-05, EPS estimate USD 0.47, revenue estimate $483M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2025 | FY2025 | FY2025 | TTM |
|---|---|---|---|---|
| Revenue | $1.95B | $757M | $1.83B | $2.01B |
| Operating income | $1.11B | -$97.1M | $535M | $653M |
| Net income | $749M | -$104M | $341M | $453M |
| EPS (diluted) | $15.76 | -$2.17 | $4.58 | — |
| Free cash flow | $217M | $169M | $280M | — |
| Operating margin | 56.9% | -12.8% | 29.2% | 32.6% |
| Net margin | 38.4% | -13.8% | 18.6% | 22.6% |
| Revenue growth | — | -61.1% | +141.5% | — |
| Cash + short-term investments | $3.8M | $6.0M | $29.7M | — |
| Total debt | — | $1.70B | $2.95B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 2.2x · P/S 0.5x · EV/Sales 1.9x · P/B 1.1x · Earnings yield 45.46% · Net debt $2.92B · EV $3.92B
P/E at fiscal year-ends: Dec 2025 3.2x, Dec 2023 1.0x.

## Analysts
Consensus Buy (mean 2.10 on a 1–5 scale), 10 analysts; mean target USD 21.13 (low 15, high 32).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-12 | Truist Securities | Target raised | Buy | $17 → $20 |
| 2026-07-22 | Truist Securities | Target lowered | Buy | $20 → $17 |
| 2026-07-21 | Citigroup | Target lowered | Buy | $19 → $16 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) |
|---|---|
| Total return | +25.3% |
| S&P 500 (SPY) | +18.1% |
| Per year | +25.4% |
| Volatility (annualized) | 39.2% |
| Max drawdown | -30.3% (Mar 2026→Jul 2026) |

## Peers (Oil & Gas Integrated)
TGS (Transportadora de Gas del Sur S) USD 25.97 -0.23% · NFG (National Fuel Gas Company) USD 78.38 -3.34% · YPF (YPF Sociedad Anonima) USD 51.11 -1.31% · EC (Ecopetrol S.A.) USD 17.7 +1.03% · CVE (Cenovus Energy Inc) USD 31.97 -2.62% · E (ENI S.p.A.) USD 57.44 -0.02%

## More
Full page: https://nexqual.com/DEC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt