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Diversified Energy Company (DEC) Q1 2026 Earnings Call Transcript

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Q1: 2026-05-06 Earnings Summary

EPS of $0.70 misses by $0.15

 | Revenue of $575.53M (95.34% Y/Y) beats by $57.70M

Diversified Energy Company (DEC) Q1 2026 Earnings Call May 7, 2026 8:30 AM EDT

Company Participants

Douglas Kris – Senior Vice President of Investor Relations & Corporate Communications
Robert Hutson – Co-Founder, CEO & Director
Bradley Gray – President & CFO

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Conference Call Participants

Neal Dingmann – William Blair & Company L.L.C., Research Division
Charles Meade – Johnson Rice & Company, L.L.C., Research Division
Jonathan Mardini – KeyBanc Capital Markets Inc., Research Division
Jarrod Giroue
Sam Wahab – Peel Hunt LLP, Research Division

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Presentation

Operator

Greetings, and welcome to the Diversified Energy’s First Quarter 2026 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce Douglas Kris, Senior Vice President, Investor Relations and Corporate Communications. Thank you. You may begin.

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Douglas Kris
Senior Vice President of Investor Relations & Corporate Communications

Good morning, and thank you all for joining us today, and welcome to the First Quarter 2026 Results and Camino Acquisition Conference Call. With me today are Diversified’s Founder and Chief Executive Officer, Rusty Hutson; and President and Chief Financial Officer, Brad Gray.

Before we get started, I will remind everyone that the remarks on this call reflect the financial and operational outlook as of today, May 7, 2026. Certain statements made on today’s call are forward-looking and may be subject to risks and uncertainties related to future events and the future financial performance of the company. Actual results could differ materially from those that are anticipated. The risk factors that may affect results are detailed in the company’s public filings with the SEC, including the annual report on Form 10-K for the fiscal year ended December 31, 2025, filed on February 26, 2026.

During this call, we also make reference to certain non-GAAP financial measures. Our disclosures regarding those items are found in our

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