The energy landscape is evolving rapidly, and Diversified Energy Company (DEC) is at the forefront, balancing sustainability with profitability. With a robust strategy focused on acquiring, optimising, transporting, and responsibly retiring assets, DEC is uniquely positioned to generate long-term value for shareholders while supporting the global transition to a lower-carbon economy.
In 2023, DEC reinforced its commitment to sustainability by achieving significant reductions in emissions, enhancing operational efficiency, and expanding its well retirement initiatives. The company reduced methane intensity by 50% from its 2020 baseline—surpassing its 2030 target seven years ahead of schedule. This milestone underscores DEC’s ability to integrate environmental responsibility with financial performance.
The company’s Smarter Asset Management (SAM) programme continues to drive efficiency gains across its operations. By systematically monitoring and optimising wells, DEC has not only improved production but also reduced fugitive emissions. Advanced leak detection technologies and proactive maintenance strategies have resulted in a 98% no-leak rate across surveyed sites, further enhancing asset integrity and regulatory compliance.
As the largest independent conventional producer in the Appalachian Basin, DEC plays a pivotal role in ensuring energy security while aligning with sustainability goals. The company’s diversified portfolio of natural gas and natural gas liquids (NGLs) remains essential for bridging the gap between traditional energy sources and renewables. DEC’s emphasis on responsibly managing legacy assets differentiates it from competitors, allowing it to capitalise on undervalued opportunities while mitigating environmental risks.
Governance remains a cornerstone of DEC’s sustainability strategy. The company expanded its board’s gender diversity to over 40%, with 75% of committee chairs now held by female leaders. Enhanced risk management frameworks and regulatory preparedness ensure that DEC remains well-positioned for evolving compliance requirements, including the latest U.S. Securities and Exchange Commission (SEC) and Environmental Protection Agency (EPA) regulations.
Beyond environmental progress, DEC remains deeply committed to social responsibility. In 2023, the company contributed over $2 million to community initiatives, provided scholarships to university students, and expanded its summer internship programme. With nearly 8,000 direct and ancillary jobs supported by its operations, DEC continues to drive economic growth in the regions where it operates.
Looking ahead, DEC is actively exploring new technologies and strategic partnerships to enhance emissions reductions, improve efficiency, and drive further value creation. The company’s disciplined approach to capital allocation, strong cash flow generation, and commitment to operational excellence position it as the right company at the right time for investors seeking sustainable, long-term returns.
Diversified Energy Company plc (LON:DEC) is an independent energy company engaged in the production, marketing, transportation and retirement of primarily natural gas and natural gas liquids related to its U.S. onshore upstream and midstream assets.
