The following is a summary of the Diversified Energy Company PLC (DEC) Q3 2024 Earnings Conference Call Transcript:

Financial Performance:

• Diversified Energy Company PLC reported Q3 2024 total revenue of $239 million.

• Significant debt principal reduction of $155 million year-to-date, reflecting strong financial management.

• Paid $105 million in dividends and share repurchase, evidencing commitment to returning capital to shareholders.

• Achieved $115 million in adjusted EBITDA, maintaining a robust adjusted EBITDA margin of approximately 50%.

• Free cash flow generation of $47 million for the quarter, demonstrating efficient cash flow management.

Business Progress:

• Executed $585 million in strategic acquisitions, expanding production by over 15% without increasing G&A costs.

• Advanced into coal mine methane capture and the sale of environmental credits, a new revenue stream contributing to bottom line.

• Enhanced operational efficiency through technology-driven optimization.

• Secured a multiyear contract with a Gulf Coast LNG exporter, underscoring the reliability and demand for the company's low-decline production base.

Opportunities:

• The expansion into coal mine methane capture and the sale of environmental credits presents new revenue opportunities.

• Continued strategic acquisitions and the multi-year LNG contract demonstrate potential growth in emerging markets and strategic partnerships.

Risks:

• Natural gas price volatility poses a risk, yet addressed through a disciplined hedging program that secured $130 million in hedge gains.

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.