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Diversified Energy DEC Midstream — Revenue, excluding gain (loss) on derivatives

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Other financials

Income statement

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Revenue$27.1M-56.6%
Operating income-$250.6M-33.2%
Net income-$160.6M+50.3%
EPS (diluted)-$2.13+61.4%

Balance sheet

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Cash & equivalents$155.5M+12.2%
Total debt$2.9B
Total equity$733.4M+59.6%
Total assets$6.2B

Cash flow

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Operating cash flow$168.7M+98.8%
CapEx$58.0M+107%
Free cash flow$110.7M+94.8%

Valuation

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Market cap$923.57M+3.5%
Enterprise value$3.66B
P/E1.8×
P/S0.5×-0.9×

Profitability

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Operating margin26.3%+16.4pp
Net margin28.1%+16.6pp
FCF margin29.1%+16.6pp

Returns & leverage

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Return on equity84.5%
Debt / equity3.9×
Current ratio0.5×

Where this comes from

Reported directly by Diversified Energy in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Diversified Energy ’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Diversified Energy 's midstream — revenue, excluding gain (loss) on derivatives?
Diversified Energy (DEC) reported midstream — revenue, excluding gain (loss) on derivatives of $11.76M in Q1 2026.
How has Diversified Energy 's midstream — revenue, excluding gain (loss) on derivatives changed year-over-year?
Diversified Energy 's midstream — revenue, excluding gain (loss) on derivatives increased by 11.0% year-over-year, from $10.6M to $11.76M.
What does midstream — revenue, excluding gain (loss) on derivatives mean?
This metric represents the total operating revenue generated by midstream infrastructure assets, such as pipelines, gathering systems, and processing facilities, before accounting for the impact of financial hedging activities. It reflects the core commercial performance of the segment's service-based business model, including fees collected for the transportation and processing of third-party or company-owned hydrocarbons. By excluding derivative gains or losses, it provides a clearer view of the underlying operational scale and demand for midstream services.