Diversified Energy Announces Acquisition of Birch Resources for $1.8 Billion
On September 2, 2026, Diversified Energy (DEC) announced the completion of a $1.8 billion acquisition deal to purchase Birch Resources, significantly expanding its presence in the Permian Basin. The move is expected to enhance DEC's production capacity and operational footprint in one of North America’s most prolific oil-producing regions. The transaction was first speculated on August 14, when media reports indicated early talks between Diversified Energy and Birch Resources were underway. Following confirmation from both parties, the deal has now been finalized, with analysts viewing it as a strategic step toward capital-light growth for DEC. The acquisition is expected to be accretive to earnings per share. The stock price of Diversified Energy rose by 3.77% on the day following the announcement, reflecting positive market sentiment around the deal's potential impact.
