May. 7 at 3:08 PM
$DEC Diversified delivered another strong quarterly performance despite challenging operating conditions from Winter Storm Fern and conflict in the Middle East, which created nearly unprecedented commodity price volatility.
Q1 highlights:
✅Innovative Carlyle acquisition financing structure utilized for joint acquisition of
$1.175B Oklahoma asset, further expanding the Company's leading Oklahoma operations
✅Record quarterly Adj. EBITDA of
$287 million; 108% increase year-over-year
✅Returned
$94M to shareholders in 1Q26, including
$72M in share repurchases
✅Recorded over
$100M in proceeds from optimization activities
Review Diversified's acquisition and earnings call materials here: https://ir.div.energy/financial-information
Also, see publicly available analysis from independent investor "The Oak Bloke": https://theoakbloke.substack.com/p/dec-ades-of-performance