Diversified Energy (DEC) Shares Outstanding (2022 - 2026)
Diversified Energy (DEC) reported Weighted Average Shares Outstanding of 70.77 million for Q3 2026, down 2.1% from the prior quarter.
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Analysis
Diversified Energy (DEC) Shares Outstanding (2022 - 2026) Analysis & Trends
For FY2025, Diversified Energy posted Weighted Average Shares Outstanding of 72.97 million, up 51.9% from FY2024.
- Weighted Average Shares Outstanding has increased for four consecutive years, with a four-year compound annual growth rate of 16.5% (FY2021 to FY2025).
- By year, Weighted Average Shares Outstanding came in at 48.03 million in FY2024 (+1.8%), 47.17 million in FY2023 (+11.8%), 42.2 million in FY2022 (+6.4%) and 39.68 million in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly Weighted Average Shares Outstanding since Q4 2024.
- Per Business Quant data, the three quarters before Q3 2026 came in at 72.3 million (Q2 2026), 75.26 million (Q1 2026) and 72.97 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 682.73 Bn | 640.87 Bn | - | 4.14 Bn |
| 2 | Chevron | 412.78 Bn | 379.83 Bn | 31.26 Bn | 1.96 Bn |
| 3 | Shell | 290.86 Bn | 151.13 Bn | - | 2.95 Bn |
| 4 | TotalEnergies SE | 192.45 Bn | 63.53 Bn | 31,614.00 | 2.19 Bn |
| 5 | Eni Spa | 168.57 Bn | 108.20 Bn | - | 3.02 Bn |
| 6 | Conocophillips | 163.59 Bn | 136.29 Bn | 12.81 Bn | 1.21 Bn |
| 7 | Equinor Asa | 106.61 Bn | 19.46 Bn | 4.49 Bn | 2.59 Bn |
| 8 | Canadian Natural Resources | 100.53 Bn | 94.43 Bn | 9.35 Bn | 2.09 Bn |
| 9 | Phillips 66 | 100.43 Bn | 84.22 Bn | 10.69 Bn | 397.01 Mn |
| 10 | Diversified Energy | 912.64 Mn | 814.37 Mn | - | 70.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 70.77 Mn |
| Jun 30, 2026 | 72.30 Mn |
| Mar 31, 2026 | 75.26 Mn |
| Dec 31, 2025 | 72.97 Mn |
| Sep 30, 2025 | 78.94 Mn |
| Jun 30, 2025 | 78.94 Mn |
| Mar 31, 2025 | 58.60 Mn |
| Dec 31, 2024 | 48.03 Mn |
| Sep 30, 2024 | 47.17 Mn |
| Jun 30, 2024 | 47.17 Mn |
| Mar 31, 2024 | 47.17 Mn |
| Dec 31, 2023 | 47.17 Mn |
| Sep 30, 2023 | 42.20 Mn |
| Jun 30, 2023 | 42.20 Mn |
| Mar 31, 2023 | 42.20 Mn |
| Dec 31, 2022 | 42.20 Mn |
API Access
Diversified Energy Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=DEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "DEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=DEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();