Diversified Energy Company PLC (LSE:DEC, NYSE:DEC, FRA:DG20) said its operations have contributed about US$5 billion to state GDPs across its operating area over the past four years, as the group published its seventh annual sustainability report.
The 2025 report, titled PROVEN: Stepping Up When Others Step Away, sets out the company’s role in acquiring established, cash-generating energy assets and managing them through operational improvement, emissions reduction and long-term well retirement.
Diversified said it directly employed around 2,000 people in 2025 and supported a further 9,500 ancillary jobs across its footprint in the Appalachian, Anadarko, Haynesville and Permian basins and beyond. It paid about US$980 million in wages and benefits and generated roughly US$150 million in state and local tax revenue.
The company also pointed to progress through its Next LVL Energy subsidiary, which retired 486 wells during the year, including 388 company-owned wells and 98 third-party and orphan wells. That took the cumulative number of wells retired since the programme began to more than 1,550.
Chief executive Rusty Hutson, Jr. said the report showed that “responsible stewardship and strong returns are in harmony, not in conflict”, adding that Diversified focuses on improving performance, retiring wells, reducing emissions and investing in local communities.