04:54 PM EDT, 09/16/2025 (MT Newswires) -- Diversified Energy Company ( DEC ) said late Tuesday it plans a secondary offering of over 5.7 million common shares at par value 0.20 pounds ($0.27) per share by entities managed by an affiliate of EIG, and entities managed by FS/KKR Advisor.

The selling stockholders will grant underwriters a 30-day overallotment option to buy up to an additional 857,002 common shares, according to the company.

The Diversified Employee Benefit Trust has expressed interest in purchasing up to 750,000 common shares being sold in the offering, according to the company.

Diversified Energy ( DEC ) will not receive any proceeds from the offering, according to a statement.

Shares fell 7.3% during after-hours trading.