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Diversified Energy

#5461

Rank

$1.01B

Marketcap

US United States

Country

Diversified Energy
Leadership team

Mr. Robert Russell Hutson Jr. (Co-Founder, CEO, Pres & Director)

Mr. Bradley Grafton Gray (Exec. VP, COO & Director)

Mr. Eric M. Williams CPA (Exec. VP & CFO)

Products/ Services
Energy, Oil and Gas
Number of Employees
1,000 - 20,000
Headquarters
Birmingham, Alabama, United States
Established
2001
Revenue
Above - 1B
Traded as
DEC.L
Social Media
Overview
Location
Summary
Diversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates. Its assets consist of approximately 67,000 conventional and unconventional natural gas, natural gas liquids, and oil producing wells; and approximately 17,000 miles of natural gas gathering pipelines located in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. The company was formerly known as Diversified Gas & Oil PLC and changed its name to Diversified Energy Company PLC in May 2021. Diversified Energy Company PLC was founded in 2001 and is headquartered in Birmingham, Alabama.
History

The company was established by Robert Hutson when he bought a gas well in West Virginia in 2001. The management then grew the business over the next decade by acquiring old gas and oil wells that the main producers did not want. It was the subject of a flotation on the Alternative Investment Market in February 2017 and moved to the premium market in May 2020. In September 2020 FTSE Russell announced that the company would be joining the FTSE 250 Index later in the month.On 6 May 2021 the changed its name from Diversified Gas & Oil plc to Diversified Energy Company PLC and changed its TIDM code from DGOC to DEC.in April 2022, it was announced that Diversified had acquired "certain East Texas upstream assets and related facilities" from a private seller for $50 million USD in cash.

Mission
Our mission is to unlock new sources of clean energy and provide solutions to meet the needs of the world’s changing energy landscape.
Vision
Our vision is to become the world’s most successful and sustainable provider of energy solutions that enable clean and affordable energy access worldwide.
Key Team

Mr. Michael W. Garrett CPA (Sr. VP of Accounting & Corp. Controller)

Mr. David Myers (Chief Information Officer)

Mr. Mark S. Kirkendall (Exec. VP & Chief HR Officer)

Mr. Bobby Joe Cayton (Sr. VP of Northern Operations)

Mr. Douglas A. Kris (VP of Investor Relations)

Mr. Benjamin M. Sullivan (Exec. VP, Gen. Counsel & Corp. Sec.)

Mr. John William Crook (Sr. VP of Environmental, Health & Safety)

Recognition and Awards
Diversified Energy has won numerous awards and accolades, including the Clean Energy Leadership Award from Sustainable Energy Leadership Institute, the Energy Innovation Award from the Environmental Protection Agency, and the Excellence in Deployment of Renewable Energy award from the Global Energy Association.
References

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Diversified Energy
Leadership team

Mr. Robert Russell Hutson Jr. (Co-Founder, CEO, Pres & Director)

Mr. Bradley Grafton Gray (Exec. VP, COO & Director)

Mr. Eric M. Williams CPA (Exec. VP & CFO)

Products/ Services
Energy, Oil and Gas
Number of Employees
1,000 - 20,000
Headquarters
Birmingham, Alabama, United States
Established
2001
Revenue
Above - 1B
Traded as
DEC.L
Social Media