Diversified Energy swings to Q3 2026 net loss of $202.21 million
DEC•Diversified Energy reported a third-quarter 2026 net loss of $202.21 million. Adjusted EBITDA fell 10% year over year to $255.55 million, while adjusted free cash flow dropped 12% to $152.73 million.
1. Quarterly results
Diversified Energy’s third-quarter 2026 adjusted EBITDA fell 10% year over year to $255.55 million, and adjusted free cash flow dropped 12% to $152.73 million. The company reaffirmed 2026 guidance for adjusted EBITDA of $960 million–$1.01 billion and adjusted free cash flow of approximately $440 million. Its Birch Resources acquisition remains on track to close in the fourth quarter, expanding operations in the Permian Basin.
