Diversified Energy Co. plc (DEC,DEC.L), an independent energy company, on Monday announced that adjusted EBITDA increased in the first half compared with the previous year.
For the second quarter, net loss came in at $337.39 million compared with profit of $303.47 million in the previous year.
Adjusted EBITDA declined to $138.16 million from $279.81 million in the prior year.
Adjusted EBITDA margin also decreased to 47 percent from 63 percent in the prior year.
Revenue declined to $346.90 million from $431.16 million last year.
For the first half, adjusted EBITDA increased to $418 million from $218 million in the prior year.
Adjusted EBITDA margin increased to 56 percent from 49 percent last year.
Revenue surged to $804 million from $449 million in the previous year.
Looking ahead, the company expects adjusted EBITDA for the full year 2025 to range between $825 million and $875 million.
Total production for the full year is expected to range between 1,050 Mmcfe/d and 1,100 Mmcfe/d.
On Friday, Diversified Energy closed trading 0.55% higher at 1,095 pence on the London Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.