Closed the Camino acquisition in Oklahoma; sold non-core Barnett and Arkansas assets for $147 million to sharpen margins and lift near-term cash generation.
Kept 2026 adjusted EBITDA guidance at $960 million-$1.01 billion; guided to about $440 million of adjusted free cash flow with capex of $225 million-$255 million.
Quarterly results and operating metrics
Diversified Energy posted 2Q26 net income of $248 million on revenue of $504 million; average production was 1,253 MMcfepd.
Adjusted EBITDA (non-GAAP) totaled $240 million; adjusted free cash flow (non-GAAP) was $115 million with capital expenditures of $40 million.
Liquidity stood at $678 million at June 30; leverage was 2.45x after $233 million of ABS principal reduction in 1H26.
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