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Diversified Energy acquires Birch in latest expansion move

Diversified Energy acquires Birch in latest expansion move
Diversified Energy acquires Birch

Diversified Energy has completed the acquisition of Birch, marking a notable development in its growth strategy.

The company announced the transaction in a brief update but did not provide further operational or financial details in its communication.

Diversified Energy previously agreed to acquire Birch Resources for $1.8 billion to expand its operations in the Permian basin, according to a prior company statement. The deal was presented as a move to enhance scale in the region. No additional terms or operational updates have yet been disclosed.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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