Diversified Energy (DEC) Shares Outstanding (Diluted) (2021 - 2026)
Diversified Energy (DEC) posted Shares Outstanding (Diluted) of 74.71 million for Q2 2026, down 7.9% from 81.14 million a year earlier and down 0.7% from the prior quarter.
Powered by 
Analysis
Diversified Energy (DEC) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Diversified Energy's Shares Outstanding (Diluted) came in at 74.48 million, up 55.1% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for four consecutive years, with a four-year compound annual growth rate of 17.1% (FY2021 to FY2025).
- In prior years, Diversified Energy's Shares Outstanding (Diluted) was 48.03 million in FY2024 (+1.1%), 47.51 million in FY2023 (+12.6%), 42.2 million in FY2022 (+6.4%) and 39.68 million in FY2021.
- Quarterly Shares Outstanding (Diluted) has run from a low of 39.68 million in Q4 2021 to a high of 81.14 million in Q3 2025 over five years.
- On a year-over-year basis, Shares Outstanding (Diluted) increased in five of the last six quarters, with growth averaging 28.5%.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q2 2025, with growth of 70.8%; the weakest was Q2 2026, with a decline of 7.9%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 75.26 million (Q1 2026), 74.48 million (Q4 2025) and 81.14 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.98 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.57 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.09 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.60 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 402.62 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 2.10 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.22 Bn |
| 10 | Diversified Energy | 955.89 Mn | 831.19 Mn | - | 74.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.71 Mn |
| Mar 31, 2026 | 75.26 Mn |
| Dec 31, 2025 | 74.48 Mn |
| Sep 30, 2025 | 81.14 Mn |
| Jun 30, 2025 | 81.14 Mn |
| Mar 31, 2025 | 58.60 Mn |
| Dec 31, 2024 | 48.03 Mn |
| Sep 30, 2024 | 47.51 Mn |
| Jun 30, 2024 | 47.51 Mn |
| Mar 31, 2024 | 47.51 Mn |
| Dec 31, 2023 | 47.51 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 |
| Dec 31, 2021 | 39.68 Mn |
API Access
Diversified Energy Shares Outstanding (Diluted) 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-diluted&ticker=DEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=DEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();