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Reported Earlier, Diversified Energy Expands Oklahoma Leadership With $550M Accretive Acquisition Of Canvas Energy Complementary Assets

Author: Benzinga Newsdesk | September 09, 2025 02:10am
  • Diversified Energy Expanding Leadership Position in Oklahoma with Accretive Acquisition of Canvas Energy
  • Delivers Approximately 18% and 29% Increase in Adjusted EBITDA and Free Cash Flow, Driven by a 13% Increase in Production While Adding Proved Reserves
  • Complementary Producing Assets and Adjacent Acreage Expected to Drive Meaningful Synergies and Asset Optimization Opportunities
  • Initial Transaction Utilizing Funds from Carlyle Strategic Partnership

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