DEC $1.8B Birch acquisition boosts production and EBITDA, strengthens Permian
DEC plans a $1.8B acquisition of Birch Resources, adding scale and diversification. The deal targets a 35% production boost and 55% EBITDA increase, strengthening the Permian position and cash flow.
The $1.8B acquisition of Birch Resources adds scale, diversification, and operational synergies, boosting production by 35% and EBITDA by 55%.
The deal strengthens the Permian position, enhances cash flow, and leverages a $10B Carlyle partnership for future growth.Based on Diversified Energy Compan…