Prix Diversified Energy Company (DEC)

Diversified Energy Co is a US-based company operating in Oil, Gas & Consumable Fuels industry. The company is headquartered in Birmingham, Alabama and currently employs 1,589 full-time employees. The company went IPO on 2017-02-03. Diversified Energy Company is an energy company focused on natural gas and liquids production, transport, marketing, and well retirement. The company has onshore upstream and midstream assets. Its assets are primarily located within the Appalachian and Central regions of the United States. The Appalachian Region spans Pennsylvania, Virginia, West Virginia, Kentucky, Tennessee and Ohio and consists of two productive unconventional shale formations, along with numerous conventional formations. The company operates within the Marcellus Shale and the slightly deeper Utica Shale, as well as many conventional formations. Its Central Region includes parts of Texas, Louisiana and Oklahoma, and is home to a number of asset rich natural gas and oil formations. The company operates within the Haynesville, Bossier, Cotton Valley, Barnett and Mid Continent plays. The company has a Permian asset base with multiple zones in the Northern Delaware Basin. Its subsidiary, Next LVL Energy LLC, is an asset retirement service provider.