Price as of close on Nov 3, 2026 · Financials updated Nov 3, 2026
Basics
Sector
Energy
Industry
Oil & Gas Integrated
Country
United States
Market cap
941.7M USD
Enterprise value
4.0B USD
Full-time employees
1,987
Overall health
Strength:its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback:higher risk than most peers: less short-term liquidity (current ratio 0.57 vs a peer median of 1.37) and more debt relative to equity (3.08× vs a peer median of 0.47×)higher risk: less liquidity (current ratio 0.57 vs peers 1.37) and more debt vs equity (3.08× vs peers 0.47×)
Shareholders being diluted. Shares outstanding up 71% from December 2022 to August 2026.
Diversified Energy had 71% more shares at August 2026 than at December 2022, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.Diversified Energy had 71% more shares at August 2026 than at December 2022, mostly from issuing stock. Each existing share now owns a smaller slice of the business.
Much more borrowing than peers.Debt is 3.1× equity vs a peer median of 0.5×.Debt is 3.1× equity vs peers 0.5×.
Debt is 3.1× shareholders' equity, against a peer median of 0.5×, among the highest 10% of its peer group.Debt is 3.1× shareholders' equity, vs peers 0.5×, among the highest 10% of its peer group.
Wide margins.Operating margin 32% (12 months to Jun 2026) vs a peer median of 12%.Operating margin 32% vs peers 12%.
Diversified Energy keeps 32% of revenue as operating profit, more than 85% of peers (median 12%).
Fast revenue growth. Revenue grew 95% in the 12 months to June 2026 vs the 12 months before, faster than 95% of peers.
Revenue grew 95% in the 12 months to June 2026 vs the 12 months before, faster than 95% of its peers.
Why it changed since the Oct 27, 2026 close: Score 93 → 92
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growthUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0107 · MAD: 0.3431
3-year revenue growth-5.7%
Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Reported value33% base weight · Z-score -0.53Sector median: -0.0135 · MAD: 0.0807
Revenue growth94.5%
SEC filings (IFRS mapped) · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score 5.67Sector median: 0.0050 · MAD: 0.1101
Why it changed since the Oct 27, 2026 close: Score 78 → 79
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Diversified Energy
Is Diversified Energy getting weaker?
Its latest SEC filing (Aug 5, 2026) got stronger: operating margin rose 6.0 points to 32.3%; share count down 2.1%. Its overall score is unchanged at 69/100 since Oct 28, 2026.
How is Diversified Energy valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 99/100 against 404 energy peers.Earnings yield 44.6% vs a peer median of 5.2% (stronger than 95% of peers).Earnings yield 44.6% vs peers 5.2% (stronger than 95% of peers).
Is Diversified Energy growing?
Yes, faster than most of its peers. Growth scores 92/100 against 404 energy peers.Revenue growth 94.5% vs a peer median of 0.5% (stronger than 95% of peers).Revenue growth 94.5% vs peers 0.5% (stronger than 95% of peers).3-year revenue growth -5.7% vs a peer median of -1.3% (weaker than 65% of peers).3-year revenue growth -5.7% vs peers -1.3% (weaker than 65% of peers).
How profitable is Diversified Energy?
More profitable than most of its peers. Profitability scores 79/100 against 404 energy peers.Operating margin 32.3% vs a peer median of 11.7% (stronger than 85% of peers).Operating margin 32.3% vs peers 11.7% (stronger than 85% of peers).
How risky is Diversified Energy?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Beta 0.32 vs a peer median of 0.57 (stronger than 79% of peers).Beta 0.32 vs peers 0.57 (stronger than 79% of peers).Debt / equity 3.08× vs a peer median of 0.47× (weaker than 100% of peers).Debt / equity 3.08× vs peers 0.47× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Operating margin rose 6.0 points to 32.3%
Share count down 2.1%
Previous quarter
Latest quarter
Change
Revenue (12 months)
1.8B USD
2.0B USD
+12.6%
Net income (12 months)
503.7M USD
452.9M USD
−10.1%
Operating margin
26.3%
32.3%
+6.0 pts
Free cash flow (12 months)
333.9M USD
363.3M USD
+8.8%
Debt
2.9B USD
2.9B USD
+1.5%
Cash
54.5M USD
8.2M USD
−84.9%
Shares outstanding
72.3M
70.8M
−2.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Integrated companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
54.5%
65.2%
10.4%
14.5%
—
—
Operating margin
-46.4%
-35.0%
56.9%
-12.8%
29.2%
▲ 42 pts
Net margin
-32.3%
-32.6%
38.4%
-13.8%
18.6%
▲ 32 pts
Return on assets (ROA)
—
-16.3%
21.6%
-2.6%
5.5%
▲ 8.2 pts
Return on equity (ROE)
-49.0%
—
127.8%
-26.1%
34.7%
▲ 61 pts
Free cash flow margin
—
—
11.1%
22.3%
15.3%
▼ 6.9 pts
Current ratio
—
0.31×
0.48×
0.39×
0.60×
▲ 54%
Quick ratio
—
0.30×
0.46×
0.38×
0.58×
▲ 53%
Debt to equity
—
—
2.26×
4.34×
3.00×
▼ 31%
Interest coverage
-9.23×
-6.66×
8.47×
-0.71×
2.55×
▲ 459%
DEC price history
Price history is added with the daily price update and will appear after the next one.