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Diversified Energy to buy Birch Permian Holdings for about $1.8 billion
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Diversified Energy to buy Birch Permian Holdings for about $1.8 billion
  • Diversified Energy entered definitive agreements to buy Birch Permian Holdings from Elliott affiliates for about USD 1.8 billion.
  • Closing targeted for Q4 2026; funding centered on a privately rated ABS of about USD 1.5 billion with Carlyle support.
  • Birch adds about 68,000 boepd net production, 46,000 net acres, 480 net wells, with proved reserves of about 1,168 Bcfe.
  • Transaction expected to lift production about 35% and adjusted EBITDA about 55%, adding about USD 548 million annualized adjusted EBITDA.
  • Carlyle partnership expanded to pursue up to USD 10 billion of future PDP acquisition opportunities over time.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diversified Energy Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609021926HUGIN___UKPR_REG_GNW9820716-en) on September 02, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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