Acquiring Company
Diversified Energy
Acquired Company
Canvas Energy
BirminghamOklahoma CityEnergySustainabilityOil And GasNatural ResourcesRenewable EnergyBiomass Energyoil & energyEnergyOil And GasDescription
Diversified Energy Company has successfully completed its acquisition of Canvas Energy, enhancing its portfolio with significant producing properties and acreage in Oklahoma. The acquisition, valued at approximately $550 million, is expected to provide meaningful operational synergies and increase net production. This strategic move strengthens Diversified's position in the natural gas market.
Quick answer
Diversified Energy is acquiring Canvas Energy for $550 million, announced November 24, 2025. Diversified Energy is based in Birmingham, Alabama, United States.
- How much did Diversified Energy pay for Canvas Energy?
- The reported deal value is $550 million.
- What does Diversified Energy do?
- Diversified Energy is a prominent energy company specializing in oil and gas exploration, production, and distribution.
- Where are Diversified Energy and Canvas Energy based?
- Diversified Energy is based in Birmingham, Alabama, United States. Canvas Energy is based in Oklahoma City, Oklahoma, United States.
- Who are the decision-makers at Diversified Energy?
- Fundz holds 1 contact at Diversified Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Diversified Energy, and when
When Diversified Energy changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Diversified Energy raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Canvas Energy?
Canvas Energy was acquired by Diversified Energy, based in Birmingham. The deal was reported on November 24, 2025. Diversified Energy is a prominent energy company specializing in oil and gas exploration, production, and distribution. Diversified Energy is publicly traded (DEC) and operates in Energy.
When did Diversified Energy acquire Canvas Energy?
Diversified Energy's acquisition of Canvas Energy was reported on November 24, 2025. Diversified Energy Company has successfully completed its acquisition of Canvas Energy, enhancing its portfolio with significant producing properties and acreage in Oklahoma. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Canvas Energy do?
Canvas Energy is engaged in the exploration and production of oil and natural gas resources. The company has a portfolio of producing properties and is dedicated to optimizing asset performance while focusing on value creation. It is privately held, operating in Energy, and is based in Oklahoma City.
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