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Consolidated Statement of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Profit or loss [abstract]      
Revenue $ 868,263 $ 1,919,349 $ 1,007,561
Operating expenses (440,562) (445,893) (291,213)
Depreciation, depletion and amortization (224,546) (222,257) (167,644)
Gross profit 203,155 1,251,199 548,704
General and administrative expenses (119,722) (170,735) (102,326)
Allowance for expected credit losses (8,478) 0 4,265
Gain (loss) on natural gas and oil properties and equipment 24,146 2,379 (901)
Gain (loss) on sale of equity interest 18,440 0 0
Gains (losses) on financial assets at fair value through profit or loss 4,610 0 0
Gain (loss) on derivative financial instruments 1,080,516 (1,758,693) (974,878)
Gain on bargain purchases 0 4,447 58,072
Impairment of proved properties (41,616) 0 0
Operating profit (loss) 1,161,051 (671,403) (467,064)
Finance costs (134,166) (100,799) (50,628)
Accretion of asset retirement obligation (26,926) (27,569) (24,396)
Other income (expense) 385 269 (8,812)
Income (loss) before taxation 1,000,344 (799,502) (550,900)
Income tax benefit (expenses) (240,643) 178,904 225,694
Net income (loss) 759,701 (620,598) (325,206)
Other comprehensive income (loss) (270) 940 51
Total comprehensive income (loss) 759,431 (619,658) (325,155)
Net income (loss) attributable to:      
Diversified Energy Company PLC 758,018 (625,410) (325,509)
Non-controlling interest $ 1,683 $ 4,812 $ 303
Earnings (loss) per share attributable to Diversified Energy Company PLC      
Weighted average shares outstanding - basic (in shares) 47,165 42,204 39,677
Weighted average shares outstanding - diluted (in shares) 47,514 42,204 39,677
Earnings (loss) per share - basic (in dollar per share) $ 16.07 $ (14.82) $ (8.20)
Earnings (loss) per share - diluted (in dollar per share) $ 15.95 $ (14.82) $ (8.20)